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The New Boom
DarkClown writes "Wired is running a piece discussing the recovery from the burst Bubble in Silicon Valley. This time, though, it's no Bubble: it's a Boom. They suggest that this latest boom, fueled by Google's ascent, is under steadier footing than last time. Technology and the market seems to be catching up to the hype." From the article: "A boom perhaps, but not (phew!) a bubble. There's a difference. Bubbles are inflated with hot air and speculation. They end with a wet pop, leaving behind messy splatters. Booms, on the other hand, tend to have strong foundations and gentle conclusions. Bubbles can be good: They spark a huge amount of investment that can make things easier for the next generation, even as they bankrupt the current one. But booms - with their more rational allocation of capital - are better. The problem is that exuberance can make it hard to tell one from the other."
It might not be a bubble or a boom... it could be a rush. I have noticed a lot of grizzled men wandering around the bay area lately. Sure, they might be homeless people, or box car hobos, but they could very well be old prospectors. An abundance of old prospectors is a sure sign of a pending rush.
"Things are more moderner than before- bigger, and yet smaller- it's computers-- San Dimas High School football RULES!"
Something that costs free? That's unpossible!
Boys from the City. Not yet caught by the Whirlwind of Progress. Feed soda pop to the thirsty pigs.
PS- has anyone ever clicked on a google ad? I haven't.
Oh, even if you don't click on them, they're still worth something to the advertiser.
For example, if I search for "poop" on google, then perhaps an ad will show up saying "Search for poop on eBay!"
Even if I don't click on the ad, I may happen to read it. This will improve eBay's brand recognition, since it will cause me to think of eBay whenever I see poop.
I'd say it's more like one of those belches that brings up stuff from your stomach. When it bursts it doesn't disappear completely like the dot com bubble. It splatters stomach acid (offshoring) that stings your throat and the bile (downsizing) leaves a bitter taste in your mouth. There, can we all just agree on this metaphor?
If you can read this sig, you're too close.