Frenetic tech giants’ next trick: Learn patience and play a long game – Axios

In 2021, tech, an industry built on speedy change, is going to have to learn to wait.

The big picture: Every crisis tech faces from the onslaught of antitrust litigation to the massive SolarWinds cyberattack to the pandemic's toll on health and the economy has unfolded in slow motion and will take at least as long to resolve.

What's happening: Tech built its success on eliminating delays, from the late-20th-century dawn of personal computing's Moore's Law-driven exponential growth and the beginning of supercharged "internet time" to Facebook's "move fast and break things" ascent and Amazon's same-day delivery promises.

That magic is failing at this historical moment. Tech may have prospered as a lifeline to the homebound during a shelter-in-place year, but now the industry's legendary agility offers no short-cuts around the problems it confronts.

Fending off the monopoly-busters:

Coping with the pandemic aftermath:

Cleaning up the SolarWinds cyberattack mess:

Our thought bubble: Each of these crises demands resilience from companies, and resilience isn't something that tech's young giants have had much experience cultivating.

The bottom line: Tech companies can't avoid slowing down and planning for the long horizon all they can do is try to get good at it.

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Frenetic tech giants' next trick: Learn patience and play a long game - Axios