[mahirsaid]

It's crazy to me how many flags are being thrown in this investment spree. Repeating the same mistakes as before (2000). Big companies will be hit hard when they can't show for what they spent shareholders money on. The run will be large and impactful.

[mahirsaid]

If you analyze what's happening right now in the tech industry, you can't help but to think of something deeper than what's being talked about in plain sight. There is a clear panic amongst the large tech firms. the root cause of the panic is still unclear, simply saying these companies want to be the first in this new revolution isn't enough to draw conclusion. Amongst the top tech firms there still sits the original founders whom as we all know changed the way we live life today. Saying they are misunderstanding what's happening right now and they're are foolish, is to simple of an understatement. They of all people in the world would know it's a bad idea to go all in, in this manner. The underlying competing nature of this whether it has to do with China or other competing markets are not being talked about, and not just that " what exactly is the strategy here?"

[devmor]

> They of all people in the world would know it's a bad idea to go all in, in this manner.

Or this kind of financial crash is exactly what they want. If they can drive the markets to failure, only the largest companies can hold on - and acquire more of the failing companies in the process.

[antonvs]

> Repeating the same mistakes as before (2000).

The issue is that every company in a position to do so is trying to stake a claim in a new market. Not every company will win. No-one has a surefire way of identifying "mistakes" ahead of time.

What alternative do you think would work better, short of central planning?

[RicoElectrico]

Interest rates have been comically low for way too long. This alone would change a lot, favoring labor over capital and more sustainable growth.