Could we say that technology is growing like compound interest? As if it’s a snowball down a hill? It seems the speed of which we advance with technology is only picking up speed, with newer technology giving us the power to innovate even faster.
All arguments that could disrupt tech (long term) are ones that it seems would bring much greater concerns than investments/money since we already depend on it so much (nuclear war was one I’ve heard mentioned more than once).
Even if it’s obvious and “priced in” I can’t imagine the value of the entire sector stay flat despite more and more growth.
So isn’t the saying “don’t look at past performance expecting the same results” not accurately apply in this case?
But I am however young/naive and an idiot so I expect to be mistaken in this somewhere so that’s why I’m here for you guys to help me understand why I shouldn’t think this way. Thanks!
