The Tech Bubble seems to be here. Really.

The Tech Bubble is clearly here for lots of people (I’m one of them) and clearly not there for lots of others (Marc Andreessen obviously amongst them). I think this article from Vanity Fair gives us several good arguments that can’t be easily denied.

Too many companies with dubious business plans that seem to solve problems not that important. As Bilton writes, several are:

just using algorithms to deliver things, or services, to places as quickly as possible. Or maybe it’s simpler than that. As one technologist overheard and posted on Twitter, “SF tech culture is focused on solving one problem: What is my mother no longer doing for me?”

I prefer, though, that comment from a ‘prominent tech reporter’ who told Bilton:

Frankly, wiping that smug look off Marc Andreessen’s face—I can’t wait for that

Others probably share that feeling. I do.

Source: Is Silicon Valley in Another Bubble . . . and What Could Burst It?

Follow-up: Why This Tech Bubble is Worse Than the Tech Bubble of 2000

Author: Javier Pastor

Javier Pastor is a technology journalist that has been writing about tech since 1999. He started writing for PC Actual in Spain, the leading printed magazine in the country, and in 2006 started to write online. First as the Chief Editor for The Inquirer ES, and after that for MuyComputer until 2013. That year he became senior editor at Xataka, the leading tech news website in Spanish with over 5M uniques/month (Aug'15, comScore). Xataka is part of Weblogs SL, a blog network that gets over 40M uniques/month and that has a wide catalog of publications in Spanish. The Unshut is his new venture and allows him to express his opinions and thoughts on everything touched by technology, and follows what he has been doing at Incognitosis, his personal blog, since 2005.