What is Digg?18 Comments
- jimmiejaz, on 10/12/2007, -0/+2Dotcom bubble 2.0 ?
I gotta call my stock broker! - there4iam, on 10/12/2007, -4/+6Everyone said the same thing before the dot-com bubble burst.
Back then it was called "irrational exuberance." I wonder what it will be called this time. - dguedo, on 10/12/2007, -0/+1Markets sectors go up and down every year,
Oil crashed, now dollar bills flow out of the ground.
Tech is just a business sector, it will have its cycles
get use to it - bazuden, on 10/12/2007, -1/+1I agree. Microsoft must be gutted that people are making money off open source, too
- lassel, on 10/12/2007, -2/+2There is still many many programs waiting to be written.
The efficiency of all administrative tasks of the world are still laughable.
The current generation of systems barely scratches the surface of the possibilities.
Big projects in the works. - tofuComputer, on 10/12/2007, -0/+0Comment as you will but this means one thing for us web workers: ability to pay our bills again.
I've spent the last years doing small projects or working in completely unrelated jobs, only making just enough (and sometimes not even that) to get by. It was tough. Now that things have picked up again I finally feel like I'm getting my life back (and my savings account for that matter).
The bigger point here is that our world has changed for the better in terms of convenient access to information and information exchange. Unlike the dot com bubble, the Internet and technology has permeated society and become a welcome permanent partner in our everyday lives.
There will be hills and valleys but I don't think it will come crashing down on us again like dot com did-that is, given there are no more major false flag tragedies, etc. - david927, on 10/12/2007, -4/+3You're on the money, here, Argoff. The US dollar is officially dead. This will take some time to become evident to some people (especially those who think that 'stupider' is a word), but that doesn't dilute its validity. A full-on depression is waiting in the wings. Another "terrorist attack" could help manage the psychology around it, but it will only hasten the final effect.
This tech boom has legs? Maybe -- if that means it will last for a few weeks more. - Kiljoy001, on 10/12/2007, -1/+0Most of you guys are missing the point - in the article it clearly portrays the boom as global non - US centric expansion on IT work and projects around the world. Places such as Libya who has already committed to purchasing those 100 dollar laptops for it's schools. With the combo of open source, cheap start-up costs, and the ability to outsource your coding to anyone who will cost you the least (which may or may not be in the same country that you are based in), it just adds up. Other people are speculating that more than half of IT sales/services rendered are OUTSIDE US borders. Personally this is great news for me - I don't mind leaving home to work elsewhere.
- gd007, on 10/12/2007, -4/+3can we make money like 1999?
- HappyScrappy, on 10/12/2007, -4/+3That's it. I'm selling. This sounds like 1999 all over again.
- swensnt, on 10/12/2007, -3/+1It's a whole new economic model!
We've reached a permanently high new plateau. etc. - argoff, on 10/12/2007, -5/+3I don't know if it will last for several years or not, but I do know that the fundamentals for the US dollar are awful - it probably won't survive as a currency over the next 10 years. By any standard of accounting the government(s) is bankrupt, they make Enron's books look like the promised land. And don't let them use the war on terror as an excuse. It sure didn't help, but the 1 trillion est cost doesn't even touch the 50 trillion in unfunded liabilities we have already.
I also know that many in IT and big-business have a certain vision of the future. That vision is that the US makes "intellectual property" here and we get an endless stream of revenue by licensing it overseas. BZZT WRONG! The future of the information age is not content control but information services. That implies things like p2p, Linux and open source, and the free flow of information. People who believe otherwise are going to be in for a very very rude surprise as the rest of the world gives a big fat FU. - inactive, on 10/12/2007, -2/+0The two reasons given applied the last time we were in a tech boom.
- jbond, on 10/12/2007, -2/+0Clearly time for a Wired article entitled "The Long Boom"
- dejb, on 10/12/2007, -5/+2Party like it's 1999? Hope it is more like 1996.
- BrainInAJar, on 10/12/2007, -5/+2The internet economy will last forever!
Yay for the free market, it's invincible and not at all our own creation - inactive, on 10/12/2007, -6/+1You REALLY need to stop reaing any ultra left website with a big PAYPAL button on the fronmt page. They are making your stupider and stupider by the minute.
- inactive, on 10/12/2007, -8/+1where is z00k we all miss him
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