Colin,
You just reminded me of something. If you look back at many (if not all) of the major innovations (gunpowder, electricity, internet, etc.) they all preceded a euphoric rise in equities markets and/or positive social psychology. Of course all these were followed by a bust.
I laugh every time I think about all the talking heads talking about productivity and how the Internet was the beginning of a new era of Prosperity... blah, blah, blah.
Where are they now?
