Trying to put few things in perspective: Last week was a wild one for markets — the kind of week that even people who lived through the dot-com era had to pause and process.
Anthropic valued near a trillion US dollars, $965 billion to be more specific. Dell up 57%. Snowflake up 52%. ServiceNow up 22%. And the list goes on.
Yes, markets feel frothy. At times, they are. That is what happens when belief, capital, narrative, and momentum all collide.
But does that mean we are done with technology?
Not even close.
Technology is a bit like fashion: we are never truly done with it. We keep redesigning it, re-platforming it, rethinking it, and rebuilding it around the next shift in behavior, economics, capacity, and capability.
Society keeps changing. Businesses keep changing. Expectations keep changing. And technology has to keep pace.
When we talk about computing — or hi-tech systems — there are several reasons why this cycle is far from over.