This gem:<p>&quot;Once, technology meant stuff that went to the moon…cured fatal diseases…extended the human lifespan […] miraculous breakthroughs that altered lives […] Now, “tech” means something very different: apps that…hails taxis…summon butlers…automatically call dog walkers…gadgets that remind you have a meeting…turn on your thermostat for you […] It’s not that the latter is bad. But it is a fact that the latter is trivial.&quot;<p>The VC crowd is hooked short term development which has the potential to make them rich quickly. This may be about to change. Very few software-only tech companies have not been focusing solving hard problems which are not trivial, as these types of problems require much longer product development schedules, and a therefore much more capital to invest.