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NitpickLawyer 3 hours ago

Yeah, no. How much is invested doesn't matter. Look at who is investing. Every big tech firm (literally, each and every one of them). They'll make the money back, one way or another. Unless you're willing to claim that the entire tech sector goes poof tomorrow. They won't. They'll still be here 10-20-50 years, and they'll make their trillions back.

vitally3643 2 hours ago | parent | next [-]

Who was investing in the dotcom bubble that wasn't "everyone"? This is an appeal to authority that doesn't check out.

camillomiller 41 minutes ago | parent | prev | next [-]

I guess that if NitpickLawyer says we're fine, there's no problem with the capex we're seeing then. They won't go puff, they'll go Cisco.

owebmaster 2 hours ago | parent | prev [-]

I'm sure someone said that about Yahoo and eBay during the dotcom crash

NitpickLawyer 26 minutes ago | parent [-]

Sure they did. And that's why I said "Any of the large "products" can (and some probably will) fail, but the tech behind it is like the Internet."

But then again they also said the same thing about Amazon. And google. And (at one point) MS. And the others.

To reiterate: some might fail, but the field as a whole won't go anywhere. To look at the past 3 years, look at the current demands, and pretend that they'll all fail is insane. The proverbial cat is out of the bag, and it's not going back in.