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Because it has been true for every major change since the industrial revolution that the people who saw a new enabling technology trend early and funded/built i
by barnabee 7y ago
Because it has been true for every major change since the industrial revolution that the people who saw a new enabling technology trend early and funded/built it won big despite not knowing exactly how it would plays out (and yes, those that arrive too late or get it wrong end up at a dead end lose), so if people get convince something might belong to that category, you’re going to be able to raise a fund around it.
You name it: railways, cars, telephone, radio, TV, semiconductors, personal computing, the internet — all of these technologies were created without a complete idea of the change that would happen, and there were always investors ready to get behind the _technology_.
Re: containers and functional programming, I guess most people (myself included) see these as tools that streamline existing things but are not going to deliver the kind transformational change that these other technologies do. I realise this is subjective: some people may believe containers are in that category and/or that crypto isn’t, but what matters is only the belief between the people raising the funds and those investing in them.