Analogizing the current era in tech with the recent, software-dominated era is a mistake.
A much better analogy would be the Second Industrial Revolution in America, the Gilded Age when entrepreneurs built businesses using every new technological tool at their disposal to pull humanity to a new level of prosperity and became unbelievably rich in th... See more
Loved this description featured in ActionDigest from investor Chris Paik re: navigating a major innovation period in tech, “each time a new shift occurs, it is analogous to the formation of an unstable radioactive isotope. The radioactivity throws off a huge amount of energy in the form of capturable enterprise value, but is subject to half-life de... See more