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While I don't really agree with Marc's take on what's going on with current tech valuations, he hit on one extremely important point, and about it he is spot-on
by dkrich 15y ago
While I don't really agree with Marc's take on what's going on with current tech valuations, he hit on one extremely important point, and about it he is spot-on.
There is a major crisis coming in this country if the gap in skills and quality education continues to widen. Too many manufacturing jobs are moving overseas while high-tech jobs are expanding at unforeseen rates. I worry a lot about what's going to happen, and as controversial as it may sound, I think we may see a day in the not-too-distant future where the minimum wage is done away with.
As for Marc's commentary, it seems to me that every significant example he cited was related to content disruption (communications, entertainment, etc.). So I think a more accurate theme would have been "Why Software is Eating the Entertainment Industry."