Meh, articles like this are neither new nor interesting. Journalists have been writing articles like this for decades. At some point, one of the journalists who writes these articles will be right, but I doubt this one will be. It's the same with how the US dollar will get replaced as the reserve currency. Maybe some time in the future, but definitely not now and not in 10 years.
There will always be cycles, but it's so easy to be a naysayer, just write a medium post. People have been calling for the collapse of Silicon Valley since the dotcom crash, and at some point they'll be right, but they've been wrong so far.
Currently, I don't see any companies that are particularly interesting, but I'm confident there's some young kid out there that will create something great that will capture everyone's attention in the next couple of years, and then a new land-grab will occur all over again. It always has happened, and will always continue to happen.
There will always be cycles, but it's so easy to be a naysayer, just write a medium post. People have been calling for the collapse of Silicon Valley since the dotcom crash, and at some point they'll be right, but they've been wrong so far.
Currently, I don't see any companies that are particularly interesting, but I'm confident there's some young kid out there that will create something great that will capture everyone's attention in the next couple of years, and then a new land-grab will occur all over again. It always has happened, and will always continue to happen.