According to Steve Rubel, new technology is more important in how it affects society than in and of itself. I sort of agree - but I don't know if it's fund managers and investors that are stuck on new technology for it's own sake - or have become dependant on it for any profits they make.
"...The endless dot-com parties are back. So are the countless trade shows/conferences that regurgitate the same "new paradigms" the last 10 events did - with no end in sight. And yes, the ridiculous BS press releases are flying into my Gmail box. This is why I don't speak at or attend very many Web 2.0 conferences anymore. I don't have the heart for it. I would be stirring the big pot of Kool-Aid.
Let's face it, we're skunk drunk and it's because of money. It's almost like we all need to enter Betty Ford Clinic 2.0 together. This time, it's not stock market money but private equity, M&A, VCs and to some degree the reckless abandonment of logic by some advertisers who are perpetuating what is sure to end badly when the economy turns. Hubris is back my friends."
I guess Steve Rubel would know about the endless trade show conferences - he used to go to many of them, but lately has been attending less and less conferences. I suppose I can't blame him - most of the value of conferences are networking anyway, there's not much new information that's shared in any conference I've gone to - and I go to my share as well - but nothing compared to the numbers of conferences that Steve gets invited to.
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