@lain @piggo to be fair, I don't think anyone could have imagined an everything bubble that would fund a bunch of services that otherwise could never compete with brick and mortar businesses.
The Internet has become quite important and grown a lot, but I think there is going to be a contraction when bond yields rise. Business models will have to actually make money to continue attracting capital, and that will mean a lot of things we take for granted will end.
It's not going to become irrelevant, it's obviously an important communications medium. It's just not going to be the be-all end-all of human existence it is right now.
The Internet has become quite important and grown a lot, but I think there is going to be a contraction when bond yields rise. Business models will have to actually make money to continue attracting capital, and that will mean a lot of things we take for granted will end.
It's not going to become irrelevant, it's obviously an important communications medium. It's just not going to be the be-all end-all of human existence it is right now.
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