Comment by JumpinJack_Cash

The speculative nature of tech has always been present.

The point is mass media communication and frictionless money movements across the world and market access which is so freely availible to the small retail investor.

It's a recipe for disaster because an extraordinary claim can attract billions of dollars with nothing but hope and dreams to back it up.

Imagine if the Wright Brothers had today markets and mass media at their disposal, they'd be showered in billions or even trillions but the actual model didn't make any money because it was R&D