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> The pundits lecture that it was caused by an acceleration of the use of software after covid It’s frustrating seeing this straw man BS come up here. Everyone
by gkop 4y ago
> The pundits lecture that it was caused by an acceleration of the use of software after covid
It’s frustrating seeing this straw man BS come up here. Everyone (on HN as well as at large) knew it was the Fed’s historic low interest rates that meant the easy money..
- nbstme 4y agoThanks for your comment. IMO, a lot of people thought, and still think, that the appreciation of stocks was due to an acceleration of the penetration of software. I think it's a valid viewpoint. Gartner expects public cloud spending to rise by 20% next year to $500 Billion. Even AWS, Azure, and Google Cloud continue to grow by more than 40%.