Embracing The Technology Bust

from the forget-the-boom,-the-bust-is-better dept

Some folks have been saying this for years, but now the evidence is starting to show up. While things looked good during the boom years, it’s the bust years when real innovation takes place. What people are starting to notice is that tech companies are starting to embrace what the technology lets us do and offer better products to customers. In fact, they point out that the biggest beneficiaries of current technologies are end-users. Products are getting cheaper and better at the same time. Companies that understand how this works, and are embracing systems that undercut old business models are poised to do very well.

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