<<Those that dismiss the tech sector so easily are usually making excuses for why this economy sucks>>
Lizzie, with all due respect for your opinions, sometimes you appear to believe that the tech sector is the be-all and end-all of our economy.
The tech sector does great things, which help the big engine-type companies of our economy (the manufacturing companies, as one example) to work faster, better and more efficiently, at less cost.
The big-engine companies buy the technology from the originators (the Microsofts, the semis, etc.) and use it to make progress.
When the tech sector produces new, wonderful things, it can sell those things to the big engines of the economy, who have the money to run with the innovations. For example, the biotech companies can sell their innovations to the big pharma companies, but don't have the resources to manufacture, market and sell the end-products themselves.
Meanwhile, much of the tech sector still sucks up venture capital and the stock market money of small investors and burns it up. Investors anxiously await the next big thing from the tech sector.
Unless the tech sector has some healthy big guns to sell its technology to, the tech sector is sort of....nowhere. |
