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Tech companies are still doing tech. It's more that the "tech" label is being applied to other companies incorrectly.
by icebraining 7y ago
Tech 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.