Comment by fellowniusmonk

12 days ago

The big tech boom is winding down?

Just because we ended the era of cheap money to try and stop runaway inflation doesn't mean the tech boom is winding down.

Look at everything that's happening with gene editing, in physics, with the jwst, with LLMs and robotics and computer vision, with alt energy sources, batteries, in material sciences, etc.

I mean this is such a myopic take. We are in just now in an era where people are now capable of finding needles in needlestacks.

You are confusing easily manipulated economic vibes that feel bad right now with the rapid approach of a complete overhaul of the human experience.

The U.S. has basically supported the strip mining of our economy by value sucking predatory investment firms. There is a reason why China have more robotics per capita in their factories than we do and it has to do with a complete failure in strategic thinking, long term planning and ultimately a hatred for our youth.

> gene editing, in physics, with the jwst, with LLMs and robotics and computer vision, with alt energy sources, batteries, in material sciences, etc.

These are tidal waves compared to the tech boom tsunami we experienced in the last 25+ years: enabling rapid communication of every human on the planet and democratizing access (anyone can create a app/website/etc to enable other people to communicate/make money/etc).

> where people are now capable of finding needles in needlestacks

Yes, exactly. all that is left is going after hard problems that impact the long tail.