>
This seems like a bad sign.Why?
> I listened to this podcast last night:
It's worth noting that Ed is a PR guy. He's not dumb, but be often adopts whatever (strongly, loosely-held) opinions will get him the most attention for his business and micro-media empire.
> We might be in a bubble.
Even pre-computing (think electric light and the telegraph), there's never been a notable new technology that didn't have a "bubble" phase as part of the normal technology adoption lifecycle. It's even codified into things like the Gartner Hype Cycle (https://en.wikipedia.org/wiki/Gartner_hype_cycle). The companies who don't find product/market fit will die, which is fine and normal.
