Sunday, March 21, 2010

Long Cycles and the Start of a New Golden Age

Thought this article by Mark Stahlman in Strategy + Business was fascinating. It says that:

- We're in the middle of a 60-year technology cycle.
- The last 30 years have been all about investment and deployment of technology.
- The current crash is a typical phenomenon that happens mid-cycle when financial speculation runs too hot
- The next phase of the cycle is a "golden age" of technological adoption and maturity

Please read it and let me know what you think.