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>Energy Requires technology >manufacturing Increasingly dependent on technology for the most basic of operations, such as managing inventory or customer orde

>Energy Requires technology >manufacturing Increasingly dependent on technology for the most basic of operations, such as managing inventory or customer orders. >transportation Automated driving, mandated auto breaking, hired drivers, bus schedules... >healthcare DHR, wireless pace makers, direct to pharmacy prescriptions >agriculture Indoor farms, pink LED's, automated nutrient systems So I think it's quite the understatement >Of course tech can play a role Tech already plays a vital role and with out it we would not have the global economy and productivity levels that we currently enjoy.

madengr 10y ago
The original poster implies software, and software (the main product of SV) is in a bubble which will burst.
bhauer 10y ago
I'm in the tech industry, so I am sympathetic to your view, but you must realize this argument is silly. Energy requires technology? Yes. Technology also requires energy to power... well, everything. Manufacturing requires technology? Yes. Technology also requires manufacturing to build our phones, tablets, computers, Teslas, etc. You can see where I'm going here. The economy is a network. No single node is the focal point around which everything else orbits.
- sillypog 10y ago
  "People" might be the central node.
  - pg_is_a_butt 10y ago
    so you're saying the iphone is made out of people? now it makes sense why they have nets around the manufacturing buildings... gotta recycle those suicides.
  - smpetrey 10y ago
    Yep. This right here. So what happens when AI becomes is in the focal length of simple adoption? AI isn't even affecting .0000000005% of the economy yet. But when it comes, it going to unleash of fury of change never before seen. To go full circle, there's a reason that the "tech industry" carries a big weight. It's because the Information Age is coming to a close, and who knows what's next.
  - bhauer 10y ago
    Good point. "The economy is us. We don't need a mechanic. Put away the wrenches—the economy's organic." https://youtu.be/GTQnarzmTOc?t=5m4s https://youtu.be/GTQnarzmTOc?t=5m4s
talmand 10y ago
Well, I would say all those things have required technology of some sort or another since they all started. So saying they require technology is nothing new. Now saying they all require software technology of a specific sort from silicon valley is completely different. For example, if a bubble did exist and it burst so that all those software technologies from silicon valley disappeared, would those sectors of the economy suddenly disappear as well? I think not. You are elevating software technology to all technology.

madengr 10y ago

The original poster implies software, and software (the main product of SV) is in a bubble which will burst.

bhauer 10y ago

I'm in the tech industry, so I am sympathetic to your view, but you must realize this argument is silly. Energy requires technology? Yes. Technology also requires energy to power... well, everything. Manufacturing requires technology? Yes. Technology also requires manufacturing to build our phones, tablets, computers, Teslas, etc. You can see where I'm going here. The economy is a network. No single node is the focal point around which everything else orbits.

sillypog 10y ago
"People" might be the central node.
- pg_is_a_butt 10y ago
  so you're saying the iphone is made out of people? now it makes sense why they have nets around the manufacturing buildings... gotta recycle those suicides.
- smpetrey 10y ago
  Yep. This right here. So what happens when AI becomes is in the focal length of simple adoption? AI isn't even affecting .0000000005% of the economy yet. But when it comes, it going to unleash of fury of change never before seen. To go full circle, there's a reason that the "tech industry" carries a big weight. It's because the Information Age is coming to a close, and who knows what's next.
- bhauer 10y ago
  Good point. "The economy is us. We don't need a mechanic. Put away the wrenches—the economy's organic." https://youtu.be/GTQnarzmTOc?t=5m4s https://youtu.be/GTQnarzmTOc?t=5m4s

talmand 10y ago

Well, I would say all those things have required technology of some sort or another since they all started. So saying they require technology is nothing new. Now saying they all require software technology of a specific sort from silicon valley is completely different. For example, if a bubble did exist and it burst so that all those software technologies from silicon valley disappeared, would those sectors of the economy suddenly disappear as well? I think not. You are elevating software technology to all technology.