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>The current tech bubble is likely to burst eventually. Is it a bubble though? I think this is just the new normal. A good portion of the largest companies on
by aphextron 10y ago
>The current tech bubble is likely to burst eventually.
Is it a bubble though? I think this is just the new normal. A good portion of the largest companies on earth are silicon valley tech companies now. They are driving trillions of dollars in combined revenue. This is what the future of employment looks like.
- kasey_junk 10y agoBy what metric are you judging largest companies? I suppose by us market cap you have Apple, Google & Facebook near the top of the list but it's hard to conclude SV tech companies are a large portion other than those.
- deleted 10y ago[deleted]
- itamarst 10y agoDuring the dot-com bubble some of the largest companies on earth were Internet-related stocks. Didn't go so well; consider this graph of technology sector from 1998 onwards: https://www.google.com/finance/getchart?q=XLK&x=NYSEARCA&p=40Y&i=604800&ei=ok19WMC3LMaJmAH7kb3ICw https://www.google.com/finance/getchart?q=XLK&x=NYSEARCA&p=4... Still hasn't recovered.