Has The dot.com Situation In 2020 Not Vastly Improved From 1990/2000s?

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That was a question a Director Investment Management Services, and a long time reader of my articles posed, saying “investors are not likely to invest into any tech names without solid valuations”, continuing “Also, successful tech companies now have longer track records than before at the start of the century.”

My answer:

No. As long as human intelligence is used to cunningly convert eye-balls into advertising clicks, valuations are and will remain disproportionate to socioeconomic value. Nothing has changed, as the subpriming of venture capital has only increased, not decreased.

Tell me, what investment on your horizon today improves human adaptability to nature’s entropy? If you cannot name one, none of the valuations carry any intrinsic value, than to be sold to the greater-fools of human ignorance.

We must measure value creation in the business of innovation based on how technology improves human adaptability to nature’s entropy, and to ensure the pageantry of positivity surrounding technology is not used and abused to rob the bank of humanity’s evolutionary excellence.

We have a serious problem on our hand with technology. Years of laissez-faire innovation with sky-high valuations have actually deceived and weakened humanity (into a populism of groupthink) while acting as the unprotected back-door to nation-state sovereignty.

Some of those nation-states may deserve to be overruled, but no sovereignty should be subjugated to attempted totalitarian monism created by a so-called entrepreneur, avoiding any democratic oversight and approval, dictating what the world should look like.

Not in the least because the principles of nature, that, in reality, dictate our survival, are not studied or implemented by those who drop oligarchic technology in the lap of the innate plurality of our world.

Georges van Hoegaerden
Georges van Hoegaerden
Georges is the Founder and Managing Director of method41. From analyzing the workings of policy, capital, and innovation, determining the fractal of human expansion, Georges discovered how these siloed, manmade manacles are woefully incompatible with nature's principles dictating the longevity of our species. By believing in a better world with better people, Georges set out to reinvent the theory of humanity that determines what can be discovered.
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