Tech bubbles are bursting all over the place
22 years ago, info-tech was an industry for which its bubble can pop. Now, it is a foundational element of civilization. Much like bronze to the bronze age or iron to the iron age. The tech bubble popping means civilization popping. The basic rules of supply and demand apply differently to needs like tech as opposed to wants like tech in the dot-com bubble era.<p>Not that I have high hopes for civilization but we are talking about different variables altogether. From the whitehouse relying on it to communicate with masses to the beggar in China that is forced to use an app for begging, tech is civilization as we know it now.