Looking back at the rise and crash of the internet bubble, we see a classic example of how technology can go through massive changes. Between 1995 and 2000, the internet industry exploded, with thousands of startups popping up and investors pouring in huge amounts of money. But by 2000, the bubble burst, and many companies went under, causing chaos in the market. So, does the current tech scene have a similar risk of a bubble? Technology, especially things like self-driving cars, medical advancements, and smart devices, seems super promising right now, attracting tons of investment and startups. But just like with the internet, rapid growth in tech often comes with unrealistic expectations and a lot of blind investment.
Would you prefer to go back to the 80s when there was less technological advancement? I guess not. Dont be ungrateful; the internet is the reason why we are being able to communicate here. how does the bubble burst when everything still works and performs better? The recent development in technology was only successful with the help of the Internet. Everything that was built was rooted in the internet which without the internet most things can't operate.
The internet is the bedrock of any new technology it should be given an accolade not a depreciation post.