I've seen a lot of this back-and-forth on HN of late, but I can't help but wonder what difference it all makes.
Even if we are in a bubble, I doubt we have any real chance of turning things around gracefully. Everyone participating and benefiting from this bubble are inclined to support it, while those outside the bubble have no power to change the current trajectory.
The true losers in this scenario are the entry level players, and other support folk who become collateral damage when things finally come tumbling.
Even if we are in a bubble, I doubt we have any real chance of turning things around gracefully. Everyone participating and benefiting from this bubble are inclined to support it, while those outside the bubble have no power to change the current trajectory.
The true losers in this scenario are the entry level players, and other support folk who become collateral damage when things finally come tumbling.