I appreciate the rosy outlook, but this is sheer absurdity. Sure, assets like homes and stocks can be purchased at a lower price for roughly the same actual value as before. But that assumes that a) people still have the money or the fortitude to buy those things and b) that the economy will rebound entirely. Sure the latter is likely true, and the author makes some good points. But as a young investor myself with parents who have lost much, I'm not inclined to be so optimistic about the future.
If nothing else, hopefully this all teaches us to be accountable for our own money and know what we're doing with it.
Personally, I think TechCrunch's sense of importance here is a bit inflated. I think Office still has a long time left in its domination. Most companies are not early adopters. And I think Google Docs, etc. still require "early adopter" status in the corporate world.
If nothing else, hopefully this all teaches us to be accountable for our own money and know what we're doing with it.