When Tailwinds Vanish
Interesting article, but I disagree with the author on a lot of points.<p>it largely revolves around: &quot;But people can’t spend more than 100% of their time or money on the Internet.&quot;<p>first off, although the internet is baked into everything, its not just about the internet.  self driving cars, 3d printing, fake meats, and lots of other things I can&#x27;t imagine.<p>2ndly, while you can&#x27;t always take more time&#x2F;money from a person, you can always add more people.  there are something like 2 billion people living on 2$ a day.  Its not inconceivable that the market&#x2F;economy today is .1% of what it will be in 30 years.<p>even before covid19, businesses that were not taking advantage of the internet and tech was dying such as Macys... Businesses that dont invest like crazy into tech and R&amp;D will go extinct.<p>I dont think the internet is maturing, its just getting started.<p>also:
&quot;The Silicon Valley of tomorrow will not look like that of today&quot;<p>The SV of 1999 looked not much like 2004, which looked not much like 2009, which looked not much like 2014, which looks very different from 2020.  Its not stating much, everyone knows that.  It also furthers the point, there is a lot of growth in the future.