this post was submitted on 13 Aug 2023
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Future spoiled milk post.
Are you sure? Likening it to the dot com bubble doesn't mean that the tech is never going to make an impact, it means that the behaviour of investors is irrational. After all, the Internet is very much still here and affects our lives enormously, but the dot com bubble also absolutely did burst
When this bubble bursts, it's going to transform the entire economy in such a way that we will either all be winners, or we will all be losers.
All economic bubbles do that
https://freakonomics.com/2007/06/the-benefits-of-a-bubble-even-when-burst/
Bigger than that.
You seem to have a notable lack of detailed knowledge on the topic considering how strong your feelings on it seem to be.
You seem to think you know a lot about me for someone who doesn't know anything about me.
...just like the dot com bubble.
Bigger