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Well I personally think a bubble is coming because we're busy creating products and services that don't produce revenue and value. Free markets generally work b
by uxjulie 14y ago
Well I personally think a bubble is coming because we're busy creating products and services that don't produce revenue and value. Free markets generally work but can fail miserably when gone unchecked. That happened only a few years ago. And I personally believe it's irresponsible on the web.
My point and goal is for us, the workers of the web to recognize that and steer away from that irresponsibility, if possible. We don't need millions for another photo app, reading app or social network. Let's build something useful.
- JoeAltmaier 14y agoThe investment in web trash is not significant. If its a bubble, it won't be of the magnitude of a S&L or mortgage meltdown - it'll be some privileged Valley execs and coders getting disappointed. Photo apps and social networks are possibly the single most useful invention of the last decade. Variations may bore you or seem silly, but there is probably room in the market for some tweaks on these themes. If they make money, then it was worth it. If you have some future-radar that can predict which will fail, perhaps you can convince some VC or Angel firm to employ you. Otherwise they'll have to make their best guess and plonk their money down where they think best.