3 ms·
I think these are just the normal hype cycles for new technologies. Some technology (maybe new, maybe not) captures the imagination of the industry, and there's
by mwfunk 8y ago
I think these are just the normal hype cycles for new technologies. Some technology (maybe new, maybe not) captures the imagination of the industry, and there's a flurry of mostly silly activity where people are trying to figure out what else that technology can be used for. It feels like there's low hanging fruit waiting to be plucked, but no one knows what's actually going to stick. Eventually the hype dies down as a consensus forms on what it is and isn't good for.
From a money perspective, there's also a gold rush mentality. VCs are going to be drawn to these sorts of things, even knowing that 99% of it will turn out to be a square peg in a round hole, because somewhere in there, there might be a unicorn. People seeking investment from VCs might also promote the buzzword of the day for their own marketing purposes (to investors, the public, and the press).
- reaperducer 8y ago>I think these are just the normal hype cycles for new technologies. You're not wrong. Remember in the late 90's when everything was all i-this, and cyber-that? Everything was going to be on "the interweb!" Those big mainframes of yesteryear? We don't need them anymore. We have AOL and thin clients! Back in the 80's: We don't need rockets anymore, we have space shuttles! In the 70's: Who needs stereo? We have quadraphonic sound now! Look at old mainstream magazines from the 1950's. EVERYTHING was going to be solved by being "atomic." Too busy to cook dinner? Let your atomic kitchen do the work for you! Spilled coffee on your tie? Let an atomic washer make it clean for you! Little Johnny put in the dunce corner again? Slap an atomic Think-o-Tron on his head and let radiation smarten him up! I'm sure there are a brazillion other/better examples. Feel free to add yours.