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Not literally investments in microprocessors, but all of those things above depend on microprocessors. Regarding the paper losses... sure. But Perez's point wa
by jmsdnns 11y ago
Not literally investments in microprocessors, but all of those things above depend on microprocessors.
Regarding the paper losses... sure. But Perez's point was more that a huge bubble would crash, which was the dot com, and then society would get mature about what the actual tech could do. She then follows that by saying massive companies would get created in the maturity phase, which your point about mobile broadband investment agrees with.
- jmsdnns 11y agoIf we look at oil and mass production, we see similar. Same with rail. Huge bubble, lots of folks go bust, then what's left matures and becomes a big empire as consolidation takes place on a tech society legitimately cares about. It sounds like you really like this topic. I do too. Would love to talk more about it either via email or in person (if you live in NYC). I am teaching myself these topics and want to know as much as I can. My email is in my profile in case that's interesting.