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In the same way correlation does not equate to causation, similar graphs doesnt mean similar narratives.
by overgard 10y ago
In the same way correlation does not equate to causation, similar graphs doesnt mean similar narratives.
- zekevermillion 10y agoThat is true. As a heuristic, I think the hype cycle is useful just to stand for the idea that "important work gets done often times when the market has given up". It is not useful to say "[insert your asset here] has recovered from a slump, so it is all good now".