>IT companies had been hiring like crazy based on the assumption that infinite Internet growth would require infinite resources. And then, it turned out it was

>IT companies had been hiring like crazy based on the assumption that infinite Internet growth would require infinite resources. And then, it turned out it was all a bubble and most of the IT workforce was not needed. How are you confident that this isn't exactly what's happening now, and the virus was a catalyst? People have been talking about the froth, seriously, for a couple years. Theranos, WeWork, SoftBank, the recent IPO busts...