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This Tech Bubble Is Different
Article

This Tech Bubble Is Different


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Editorial Rating

7

Qualities

  • Innovative

Recommendation

Just how important is the current social media and consumer applications craze? How does it compare to earlier tech bubbles? Ashlee Vance answers these questions by sketching the historical waves of development in the computer industry. He describes the concerns of several very tech-savvy people who are trying to disengage from the ad-based social media trend and return to fundamental research. getAbstract recommends this article to all readers tracking the future of the computer industry, as well as those interested in innovation patterns.

Take-Aways

  • All tech bubbles burst, but past bubbles left something valuable behind.
  • The current tech bubble, ad-based social media and applications, may leave nothing behind when it bursts.
  • Previous tech bubbles focused on “general-purpose technologies,” like the Internet router. The current bubble centers on advertising and sales.

About the Author

Ashlee Vance is a technology writer for Bloomberg Businessweek.


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