Listen "Technology Booms and Busts"
Episode Synopsis
Let’s look at the differences between when technology is in a boom-cycle vs. a bust-cycle, and what happens as things transition between cycles. SHOW: 678CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotwCHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS"SHOW SPONSORS:CloudZero - Cloud Cost Intelligence for Engineering TeamsDatadog Security Solution: Modern Monitoring and SecurityStart investigating security threats before it affects your customers with a free 14 day Datadog trial. Listeners of The Cloudcast will also receive a free Datadog T-shirt.Eaton HomepageEaton and Tripp Lite have joined forces to bring more sanity to IT pros days, every day. Visit www.eaton.com/audio to learn more! SHOW NOTES:HOW CAN WE TELL WHAT CYCLE WE’RE IN? Right now, it feels like we’re in a bust cycle, or at least a correction-cycle, but how do we know what cycle we’re currently in - and more importantly - how do we know when the next cycle will begin?THE GOOD TIMES, THE UNCERTAIN TIMES, AND THE BAD TIMESHistory repeats itself, hence why it’s good to study history. Follow the money. Is money cheap? Is money highly leveraged? What is motivating the money?Does it make sense to a layperson? Can the technology create a sustainable business model? Does it create an expanding ecosystem, or winner-takes-all?Do the stories highlight the people, or the excesses of the people, or do they highlight value-creation? Stories are bolder in a boom. Booms will start slow, will gain word of mouth, will sustain for a while, will begin to reach, and then crash hard. People are never quite sure when to jump into a boom. Reactions are faster in a crash. Crashes happen quickly, as they are usually highly leveraged. The winners in a crash are the ones with money to buy low, or are capitalized after a crash. FEEDBACK?Email: show at the cloudcast dot netTwitter: @thecloudcastnet
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