@Mike: Yea, I won’t disagree with the fact that some quality people left as you say. For me, it was more frustrating to see (and interact with) those that should not have been there in the first place…so I focus on that.
For those competent few who left IT for something new, something saner, well, I only wish them the best. (There does seem to be something peculiar with our industry, in general, where many competent folks want to move on after a while.)
Need a better headline - Bubble 2.0
Not be in the bubble.
Can someone please explain what is web 2.0? I understand the orignal bubble with the internet being used for public consumption and the growth around that. But I an failing to see what is web 2.0.
Is web 2.0 about new technologies like Ajax and the like. Isn’t Ajax just javascript with XML? That was around in 1.0.
Anyway, I hope people aren’t still investing in “digital donkeys” like they were in 1.0. I think that will be the biggest difference this time. Web 1.0 was for crazy business ideas, hopefully in 2.0 these ideas are more refined.
I also read a lot of posts of IT slavery during this period (60,70,100 hours a weeks) with web 1.0. I hope we don’t go thorugh another round of that nonsense.
What if it turns out to simply be the nature of the “information economy” to be…“bubbly”. If one accepts that innovation can happen much faster in a digital realm, then it would seem to be natural for business cycles to compress, perhaps drastically. The bubbliness seems to be an effect of the notion that anybody at any time can start a great enterprise (which ultimately may be short-lived). On balance I think that leans towards being a good thing, although it is certainly disruptive.