It may easily come to be that we look back on this week as the turning point—the beginning of DotComBust 2.0.
On Friday, Facebook has its IPO, which is predicted to be the biggest offering ever, pricing the company at $100 BILLION, which for 900 million users, that's pricing us each at just over a $1. Yes, there is money to be made, but somehow the grubby hands of investors pushing the amount higher reminds me of Q1 2000 ... the era of pipe dreams where techonomics seemed to print money out of thin air even though the business models weren't solidly vetted.
And here we are again:
Zuckerberg is a good CEO; however, Instagram still seems like a bloated deal.
Google+ only garners an average of 3-minutes per month of usage time, yet how many dollars have been spent?
Or not. Yes, there will likely be a market adjustment, which will later be called Techplosion 2.0; however, as the realm of mobile and tablet leap forward, combined with Social Business (the next wave of Socialness), there will be unforeseen opportunities. We will connect users, content, and marketing in ways that enrich lives. Getting above the fray will be difficult, but the real-time opportunities will finally come forth. The promises of all things being geared to one's particular interests will marketplaces, products, and services that build on one's natural inclinations and curiousities. And, THIS WEEK may be the history-marking turn of events to push technology—and of us—into a new direction.