Summary of This Tech Bubble Is Different

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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.

In this summary, you will learn

  • How the current tech bubble differs from previous bubbles,
  • How some experts regard this bubble and
  • What might happen when the bubble bursts.
 

About the Author

Ashlee Vance is a technology writer for Bloomberg Businessweek.

 

Summary

The computer industry moves through waves of intense excitement. During these periods, funding forms a “bubble” of overinvestment until it bursts. This happened in the 1980s, and then again in the dot-com boom. But these bubbles left something substantial behind on which subsequent businesses could ...

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