Societal and cultural understandings of what "tech" is has shifted dramatically in the last 20 years. Home computers were still pretty niche, constant connectivity via pocket size computers was a work of science fiction, and we didn't have an omnipresent internet retailer that could bring you nearly anything in a few hours/a couple days.
The possibilities of the internet and tech companies were still in their formulative stage with regards to the general population. It's now so engrained in our daily lives that it's taken for granted.
I suspect the bubbles that will actually burst are going to be incredible niche. Even then, things like NFTs may survive due to a cultural imagination that allows ideas to live on longer than maybe they should.
Societal and cultural understandings of what "tech" is has shifted dramatically in the last 20 years. Home computers were still pretty niche, constant connectivity via pocket size computers was a work of science fiction, and we didn't have an omnipresent internet retailer that could bring you nearly anything in a few hours/a couple days.
The possibilities of the internet and tech companies were still in their formulative stage with regards to the general population. It's now so engrained in our daily lives that it's taken for granted.
I suspect the bubbles that will actually burst are going to be incredible niche. Even then, things like NFTs may survive due to a cultural imagination that allows ideas to live on longer than maybe they should.