[at1as]

You're conflating several things.

Tech nostalgia is driven, in part, by a lack of excitement about what current companies are offering. It wasn't really present when we were all excited about Apple, etc.

That nostalgia signals there's a market for alternatives, which we've seen some companies serve, and expect others to enter. This will provide us with more choices apart from "Apple" vs. "Google" end-to-end ecosystems.

Tech is also fun because we have some new categories for the first time, perhaps since mobile. VR isn't popular per se, but I consider it mature. Ray Ban Metas are also a new category (consider an emerging AR application — or more of a glorified camera device, for now). A first person point of view for videos is very different than what's captured by a smartphone; I feel like I'm "there" when I watch travel videos I've taken with them, much more than when I watch what's taken with my phone.

The only personal statement I'm making is that tech seems primed to be fun again (though we probably have to anchor our expectations around a local maxima)