[LINK] Bubble 2.0 Coming Soon

[Marghanita da Cruz]

Bernard Robertson-Dunn wrote:
<snip>
> http://www.pcmag.com/article2/0,1895,2164136,00.asp
<snip>
> Each of these bubbles had a distinctive theme. For the dot-com bubble, it was e-commerce—it really should have been called the e-commerce bubble. Everything was focused on how the Internet was going to destroy all existing brick-and-mortar operations. We were told that you'd be buying sandwiches over the Internet and having them delivered the next day by FedEx. Everything was about "eyeballs" and finding ways to attract customers, whether they bought anything or not. Every article in every newspaper in the country parroted the litany as to how you'd be out of business in a year or two if you were not present on the Web in a big way. Of course, this was all crap.
> 
> The current bubble, already called Bubble 2.0 to mock the Web 2.0 moniker, is harder to pin down insofar as a primary destructive theme is concerned. A number of unique initiatives, however, are in play here. Let's look at a few of the top ideas floating the new bubble.
> 
> Neo-social networking. Today everything from YouTube to the local church has a social-networking angle. And this doesn't even consider the actual social-networking sites, from MySpace to LinkedIn to Facebook to even Second Life. This scene is totally out of control and will contribute to the collapse for sure.
> 
> Video mania. With dozens and dozens of YouTube clones cropping up to get on the "throw money away" bandwagon, you must sense that the eventual shakeout in this space will have a negative impact.
> 
> User-generated content. This idea has been around since Usenet and just keeps improving. It will make no contribution to the overall collapse except for users reporting the collapse.
> 
> Mobile everything. Here is another concept that has been in play since the mid-1990s. It cannot trigger a collapse since it will never fully get off the ground, although the iPhone mania may be a bad sign of something.
> 
> Ad-leveraged search. Most search engines will fail as a matter of course. This segment of the industry is mundane. It would be affected by a crash but not trigger one.
> 
> Widgets and toolbars. I cannot see the widget scene going crazy, and the jury is still out on toolbars. But there is the potential for nuttiness, I think. The problem here is that these things tend to be dependent on the stability of operating systems and browsers. One bad operating-system patch and suddenly nothing works.
> 
> You can come up with your own theories about the next collapse. Your guess as to the cause will be as good as mine. All I can tell you is that it's a sure thing.
> 
> 
One thing they forgot to mention was just before the Dot.com bubble burst,
mining exploration companies started to complain that they couldn't raise funds.

Nothing new...see
> 
> The term tulip mania (alternatively tulipomania) is used metaphorically to refer to any large economic bubble.
<http://en.wikipedia.org/wiki/Tulip_mania>

M
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Marghanita da Cruz
http://www.ramin.com.au
Phone: 0414 869202