the Atomic Dot bomb and musings of the future

The Dot Com bust was just because people were over estimating the market at the time. they realized what could be done but most people did not have the expected access to the new markets that were being created at the time. However even though most did not see the bubble building some companies were able to survive and then flourish in the aftermath that was the internet graveyard of companies founded in the Dot Com era. I think that this was inevitable with the technology that was happening at the time and I don't think this will be the last time the market believes in the next new thing. Whenever a new technology emerges there is bound to be something that people want to adapt and use but in this period there was no safety net. Now people are a little more wary but there will be a time where something comes out most likely VR or AR in my opinion that opens up a huge market and the greedy people that are part of this country will throw caution to the wind and invest in this new market before it is adopted fully. There is a movie coming out called "Ready Player One" based off the book and I just see the possibilities of VR and it makes me think the same thing will happen because humanity does not learn from past mistakes. and this leads us to the next topic that we talked about in class, convergence and disinter-mediation. which is what Ready Player One is all about. people having no place because the combination of technology and it is a real fear to have in this world right now.