Still thinking about the article re: George Friedman referenced is yesterday’s blog. Friedman claims 80 year institutional cycles in American history. The first began with the Revolution, the second the Civil War and the third World War II, which is now just coming to the end. “And what’s today’s aging industry? Friedman delivered another surprise. It’s technology, he said, from smartphones to PCs to the internet to social media. ‘At a certain point, a technology reaches the point of exhaustion, where it has achieved extraordinary things and now has become a commodity. That’s the situation that we are in here’ he said.”
Perhaps he’s correct. Witness the thousands of layoffs in the tech industry. His book is The Storm Before the Calm.
Takk for alt,
Al
Just after posting this, I opened the Washington Post to this headline: Lackluster Apple, Amazon and Alphabet earnings reports show Big Tech’s golden age is fading
Joanne and Al in conversation.😁
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