Comment Re: Winners and losers (Score 1) 165
The big issue is that there will not be any capital left to invest into these costly endeavors anymore.
Between a weaker dollar and a slowing global economic environment where consumers are not consuming as much as they should be according to metrics, where is the money supposed to come from? Print more money?That is how we got to these economic conditions in the first place.
So much of the tech industry was funded in part by boomer money that in turn was derived from the post-WW2 environment. That money is going to dry up soon with the way things are going.