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I like that this phrase can be used to condescendingly dismiss two opposite viewpoints. "Automation and globalization are going to destroy the world." -> "We'v
by superuser2 10y ago
I like that this phrase can be used to condescendingly dismiss two opposite viewpoints.
"Automation and globalization are going to destroy the world." -> "We've been saying that for a hundred years." rolls eyes "This time, it's different."
"Current tech companies might actually have a legitimate sustainable business that won't be totally obliterated in an imminent market crash" -> "Remember 1999?" rolls eyes "This time, it's different."
In all seriousness, though, we had one dot-com bubble; I am not sure it's wise to extrapolate that all tech companies now and for all time are doomed to fail after a few years. Particularly since the companies listed are actually profitable.
- dpark 10y agoHuh? The companies mentioned were Microsoft and Cisco, two companies that were and are profitable. The "this time is different" was dismissing the idea that somehow growth is unbounded for this new crop of companies. No one mentioned the tech bubble of 2000ish or claimed that no one could build a sustainable tech company.