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A land rush seems like a better analogy, partly because it's going to take a lot of work to capitalize well on what we've got here. There could be a funding bu
by angelbob 15y ago
A land rush seems like a better analogy, partly because it's going to take a lot of work to capitalize well on what we've got here. There could be a funding bubble (there certainly isn't any more in VC, but maybe for angels), but that's different from a "startup bubble."
I think we're going to be reminded that when factories aren't a significant advantage, you can have a much higher proportion of entrepreneurs and the self-employed and still have everything work well. Mom and pop grocery stores aren't such a huge historical anomaly that we can't do that again -- now that the "grocery" doesn't need the resources of a giant multinational corporation behind it.
Some things will still always be done better by giant multinational corporations, but so far "managing artisans and figuring out what they should make" isn't in that category. And the few multinationals that are any good whatsoever at that are legendary for it (e.g. Disney).
I think we're going to be reminded that small companies are always how good artisans have tended to organize themselves, and architects, civil engineers, lawyers and doctors have always tended to operate independently or in small partnerships.
Programming is headed that way.