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So this is an interesting point that's worth exploring. I hear what you're saying (everyone and his brother is trying to make a buck making apps these days) bu
by nlh 16y ago
So this is an interesting point that's worth exploring. I hear what you're saying (everyone and his brother is trying to make a buck making apps these days) but.....
I do kinda think that making apps is actually creating something vs. day trading (profiting on volatility/others' mania) vs. mortgage brokering (profiting on volatility/others' mania) vs. real estate flipping (profiting on volatility/others' mania).
So while there may be a "development bubble", I think it can only really be a good thing. More creativity. Now, when it stops becoming profitable to do so (i.e. app prices / advertising revenue reverts to the mean) then you'll see the opportunistic types vanish.
But I think deciding to build/create applications in and of itself shouldn't be seen as a bad thing...
- emilepetrone 16y agoThis comment is the best one I've read tonight. Thanks for the reply - totally agree. But I'm not sure of the development bubble piece- if there were sites starting with i,e, or x popping up everywhere, I'd be very scared haha
- GBond 16y agoGood points. I would add that "bad" bubbles are artificial and unhealthy factors to inflate it whereas in good bubbles don't.
- Hovertruck 16y agoJust to throw it out there, doesn't Farmville count as profiting on others' mania?