Wednesday, March 11, 2015

Dot.Com to Dot.Bomb


My professor gave us a lecture about the recent period of time where technological businesses had both flourished and depleted, which he called “the Dot.com to Dot.Bomb” period. It was a technology revolution of the 90’s up to today where the world started to change and adapt to the potential of technology. The five stages of this time period for a business were an innocent beginning of said business, then the sudden boom when the business takes off, the insanity where money is flowing from everywhere fast enough to swim in a room full of cash, then the bust where that same money suddenly makes the company go bankrupt either by theft or loss of costumers or even just competition stomping all over the company, and finally the “crawl back to sanity” where the business attempts to recover. I’ve already seen him do this same lecture before in his virtual world class, but I still loved relearning this because he used dinosaurs to accurately model specific technology companies that had once prospered at one point during this technology revolution and how they were taken out by stronger competition. The visual aid of having dinosaurs represent those companies really helped me understand the idea of the technology revolution and put an image to the companies they were supposed to represent.

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