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Yes — but a smaller, less frothy bubble

Started by mathewi · 11 months ago

Bubble-ology has become a more popular topic than ever now that Time magazine has named You as its annual Person of the Year (no, not you specifically, but the collective you — or us; oh never mind). In fact, there’s quite a bubblicious debate going on between my ... Continue reading »

6 comments

  • I threw up in my mouth a little when I read that Time article. But I did get a laugh later on when finding out that Business 2.0 was involved, because I remember thinking while reading it that it sounded like they lifted that codswallop straight from Business 2.0.
  • And now I know why that reminded me of Business 2.0 so much.

    http://money.cnn.com/magazines/business2/people...

    Nice to see that Time is recycling 6-month old crap for their Person Of The Year ideas.
  • I agree, Stu. It is somewhat less than, er... original :-)
  • If I remember correctly, I think Paul on the Mesh podcast I heard also referred to the shifting advertising revenue as something that made this bubble less of a bubble - more glass less Palmolive perhaps?

    (oh and Stu, totally ew on the mouth throwing up thing....)
  • All wars are not WWII
    All bubbles are not Internet Bubble 1.0

    But people still get hurt nonetheless.
  • I think the entire key to this cycle, or bubble (or whatever), is that it's "a whole lot cheaper" all round. Companies can be founded by people that live in different parts of the globe, without office space and with the slimmest of overheads. Blogcritics is currently owned by three people who live in Ohio, Texas, and California and are helped out by army of volunteer editors and 1,700 writer/bloggers who hail from around the globe.

    Even if this "bubble" "bursts" (it's the friday before christmas, so pardon my overuse of quotes) this level of innovation will still exist. And it will only increase as Tom Friedman's flat world continues to chase (and catch) the West.

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