The thinking in here echoes Carlota Perez, which shouldn't surprise anyone since Fred Wilson has been a known Perez devotee since c. 2012. In the Perez model,

The thinking in here echoes Carlota Perez, which shouldn't surprise anyone since Fred Wilson has been a known Perez devotee since c. 2012. In the Perez model, this marks the transition from "irruption" to "frenzy" for the general constellation of 21st century technologies ("the sun, the genome, and the Internet", to take the title of a Freeman Dyson book). Perez's book doesn't really touch on the fractal nature of technological revolutions: published in 2002, it described the WWw as having just moved from "frenzy" to "deployment", which was true for the specific case of the WWw but missed the bigger forest of how software in general would eat the world. We're now starting to see many of the technological developments spawned by the Internet (cloud computing, AI, cryptocurrency, drones, etc.) get more mainstream attention.