Did the Web 2.0 bubble start to burst?

In recent times, more and more technical analysts and reviews have started to alarm us a lot: we are at the tip of another technology bubble burst, the Web 2.0 bubble. I have no objection to this, and apparently another bubble is coming.

All this talk of bubbles has caused me to think, because when you analyze the technical bubbles of the past, you will see that each bubble has a similar evolutionary process: from pure technology to pure market. By evolving the rules, you can even tell when a bubble becomes too big to burst.

So how does a bubble come into being? In the beginning it was pure technology. This is a landmark technology, such as E-commerce, the Internet, PC software, and so on; At this stage, participants are people with skills and intelligence, but they don't have market skills.

The next stage is the involvement of innovative capitalists. These players understand the technology to understand the operation and operation of the market, they know that the technology into the needs of the public, it is they set off the new technology of the Restless. This phase is the best balance of technology and market, and it is also the largest, best, and most classic time to be created: Microsoft, Amazon, Google, ebay, and more.

However, it is also a time when the technology-free, mixed-market people are heavily involved, and they are cunning investors who claim to have the best and coolest new gadgets to persuade venture capitalists eloquently. But what happens if they don't have a product in their mouth, or can't make money or have a better version in the market?

These people inject technology into the heat and fill the bubbles with air ... Then the bubble burst after a certain amount of accumulation.

But the bursting of the bubble is not always a bad thing, and it is a cleansing process for the technology in the bubble. When the heat wave in the bubble and the air dispersed, technology began to precipitate down to do its essence.

The original author of this article is Jim Rapoza, eWEEK's chief technical analyst.