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Comment by captainbland

12 hours ago

Imo it's a breakdown of trust of the startup ecosystem as a whole. Repeatedly startups have enshittified and it's become undeniable that the investment apparatus around startups is partly responsible. We have seen a great driver of uncreative destruction, industries undermined, small businesses undermined just to drive masses of money into few pockets - less fairness for the people working in what is now the gig economy and ultimately prices and other costs that end up as high or higher than they were before for consumers. Not to mention the whole AI/OpenAI situation which many perceive as threatening their skillset per se, essentially tearing up the social contract that existed on this site.

The sycophancy on HN is starting to break down because there is a higher proportion of users sceptical towards the outputs of the VC and wider investment world than ones who believe they're potential beneficiaries of it.

Tech industry people are becoming less interested in HN as a warm handshake into the startup world because, frequently, they're disgusted by it. And this reflects on the sentiments people post on PG's articles.

Increasingly if those at YC want the same kind of low-bar praise they got before, they will need to get it from machines.