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This talk mostly reiterates his basic talking points so it feels a lot like rambling. And the title is not justified by the argument. There is, however, a case
by buboard 7y ago
This talk mostly reiterates his basic talking points so it feels a lot like rambling. And the title is not justified by the argument.
There is, however, a case to be made that the computer tech age has reached an end. Tech companies turning to investing in banking and real estate is not a good sign.
- icebraining 7y agoTech companies are still doing tech. It's more that the "tech" label is being applied to other companies incorrectly.
- buboard 7y agoapple is investing in payments, credit cards and real estate. so does facebook (and google)
- ehnto 7y agoBut they haven't stopped doing technology. If anything, they are bringing technology to banking. I am not saying I am feeling great about those particular companies entering the finance industry, but it's not like it's a signal that technology is becoming unimportant. If anything it's just the continued expansion of technology.
- buboard 7y agotime will tell. i think it 's worrying that they are entering these zero-sum markets btw this technology already exists in bitcoin and other coins
- helen___keller 7y agoTrain companies are still doing trains, but the era of railway mania (and its associated venture capital bubble) have long since evaporated. We'll see the same with tech, maybe in a few years maybe in a few decades.