Are we in a tech bubble?(tumotech.com)
tumotech.com
Are we in a tech bubble?
http://www.tumotech.com/Tumotech/2014/03/05/are-we-in-the-middle-of-tech-bubble-trouble/
1 comments
I was speaking with a friend the other day about the hypothesis of a bubble. He was interested in my take on the matter. I said "Think about the big picture. I'm not talking about macro economics or anything like that. Think about where we are in the history of the world and civilization." The point here is that even if there will be dips in the market due to immediate forces, there is no doubt in my mind, and should be no doubt in anyone's mind that we are headed to a place where technology touches every aspect of our lives. When historians look back in 100-200 years they will laugh at the prospect that folks were worried that we're investing too much money into technology.
Apologies for the late reply tech market just went crazy last couple of days! Completely agree, technology, biotechnology in particular will literally touch everything, and individual companies certainly you can't invest too much.
My concern is not for the consumer who will benefit immensely. My concern is as an investor is the lack of barriers to entries which make picking winners tough. The other key questions are the negative side effects of tech e.g. 1. How do we handle the increasing the accelerating divide between the haves and have nots? 2. With technology becoming increasingly integrated to our lives (and our bodies) what privacy issues does that bring? etc etc fascinating times ahead!
My concern is not for the consumer who will benefit immensely. My concern is as an investor is the lack of barriers to entries which make picking winners tough. The other key questions are the negative side effects of tech e.g. 1. How do we handle the increasing the accelerating divide between the haves and have nots? 2. With technology becoming increasingly integrated to our lives (and our bodies) what privacy issues does that bring? etc etc fascinating times ahead!