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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marek_wojna who wrote (4530)6/8/2001 11:52:36 AM
From: the_wheel  Read Replies (3) of 74559
 
I really think Maurice has some good points here. His basic point is that one thousand years from now things will be substantially different from what they are now, in ways that we can only have fun speculating about, ie its more fun to speculate about the future of the universe than it is to speculate about the demise of csco. Most people on SI like to discuss whether CSCO or JNPR will have a market cap of XXX gazillion units of money in 2525, when the reality what Maurice is saying, is that neither will exist, probably capitalism will not exist, USofA will not be the IT leader, and the computers will be substantially different than whatever we may try to imagine today. However, the question as to whether the internet of connected human beings and hardware can somehow be more than the sum of its parts in the way that an ants nest or beehive seems to be more intelligent than the sum of its members intelligence, as the human seems more intelligent that its cells, is irrelevant to the Coming Financial Collapse of 2001 or not, more relevant to as Kastel says long range fun optimism, like in the 1960s nuclear power mean free energy and moonshots meant flying cabs in 2001!
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