I believe the author is idealizing the pre-bubble era a little too much, but he is right about the destructive effects the bubble has had on the technology indu

I believe the author is idealizing the pre-bubble era a little too much, but he is right about the destructive effects the bubble has had on the technology industry. For more on this, see: http://news.ycombinator.com/item?id=726174 http://news.ycombinator.com/item?id=726174 http://news.ycombinator.com/item?id=727396 http://news.ycombinator.com/item?id=727396 and especially http://news.ycombinator.com/item?id=652562 http://news.ycombinator.com/item?id=652562