The age of technology is over
businessinsider.com
businessinsider.com
1. consumers,
2. investors,
3. growing market share in the expense of traditional industries.
The ratio of where the value goes changes over time. Older industries like airline, car, and telecom industries are examples of high-technology industries where the profits margins are lower and market share grows only moderately and consumers get most of the benefits.
Netflix is movie company, FB and Google are advertisement companies, Tesla is a car company. Amazon is retailer mostly. At some point the consumer income is the limiting factor for tech gigants. With the growth constantly far above the average they would quickly exceed all the disposable income in the world.
And yes, clearly 2019 is the year that humanity will peak and everything is going to be downhill from here as we will never again be able to create any new technology. I know because somebody posted on Business Insider about this.
You are supposed to comment the article. Commenting the tile is considered bad form. The article is not discussing what you want to discuss.
My comment is pointed towards the title because it perfectly summarizes the foolishness of the overall article.
The article was about the end of higher than average returns from the current technology companies. That's what the "The age of technology is over" meant.
Technology can advance with leaps and bounds while the ROI for the tech companies is in par with other companies.