How you can blunt the outsized tech contribution in S&P 500? - Web page 5

retireIn2020 wrote: ↑Sat Aug 31, 2024 12:07 am
1st, tackle take a look at that picture.
2nd, inform me why you assume tech will not/is not going to dominate sooner or later?

The longer term is all about know-how, get used to it. Should you run from it, you might be more likely to be left behind.

I imply that not solely in a perspective on life, but in addition an funding perspective.

I see the identical younger folks utilizing telephones you do. However I do not see folks dominated by tech; I see people who find themselves about 50% studying to withstand tech.

Keep in mind when the web was all new? I keep in mind discussions with fanatics assuring me that it will set humanity free, that lastly info could be obtainable to all, that we might turn into smart and do good. Again then we have been griping that cable TV, which we paid for with a view to escape commercials, was getting overrun with them. Community TV was already practically unwatchable. So I mentioned, No, the web will probably be commercialized and it’ll find yourself the identical, low high quality content material that’s at the least half makes an attempt to mess with one’s thoughts and get one’s cash.

I exploit the web quite a bit, beforehand for work, now for private enterprise and leisure, and I might say about 50% of my time on it’s coping with spam, making an attempt to restrict monitoring, declining cookies, averting my eyes from obnoxious advertisements that may embrace folks sitting on bogs (!), political blather on unrelated tales, pretend information, rumors, Nigerian princes and related extra refined criminals, and simply plain relentless monetization. The web has been making an attempt to take me over, and I have been studying easy methods to evade it.

I feel large tech believes its personal press an excessive amount of, the way it will take over all issues and “all of your hamburgers shall belong to us.” I see on this image recent haircuts, clothes, jewellery, concrete steps they’re sitting on, and a metropolis occurring round them. They ate not too long ago. The true world is the place we reside.