www.youtube.com/watch?v=vVkFb26u9g8
Came across this video again today
Analogy to software industry
Start with a terrible design (terrible credit based economy with control lying in the hands of private banks)
Encounter a crash (Periodic recessions)
Don't attempt to fix the bug, but provide workarounds (bailouts, but never fix the financial system)
If no workarounds reboot (try to restart the economy by nationalising/gaining control of banks and then again give it back to prepare for another recession)
And people say software engineers industry working needs revamp (to move to validation style followed by hardware engineers)
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