Are There Too Many Standards?

CyNRG asks: "Lately, I've been reviewing the different programming and protocol standards in an effort to guide my career in the most fun and profitable direction. The proliferation of standards is astounding! Choosing which path to follow is more like a trip to Las Vegas. Standing at the craps table in Ceasar's Palace at 3:00 am: do I play the point? Big 6 or 8? Play the field? How about covering the hard ways? The world is using technology more and more, so I would expect more standards based on that fact. It seems like common knowledge, vis-a-vis Microsoft, that companies try to put forth 'standards' in an roll of the dice to make their 'standard' defacto. Are there too many standards?"