Technology Breakthroughs and the DOW at 40kOver the years we've seen consumer adoption of breakthrough technology spur huge economic growth. We saw it with the radio (~1920), the TV (~1948), and the PC (~1982).
If you go to Silicon Valley today, you will see people paying for coffee in Bitcoin, cars driving themselves, VR becoming common at home. You'll hear talk of CRISPR, and how it can be used to immunize humans retroactively from previously incurable viruses, or edit mutated cancer genes in real-time. And maybe you've heard of a guy named Elon Musk.
The internet has matured, and the unprecedented technology that it has grown will be coming to market over the next 5 years. This is not like anything we've seen before.
Though we'll likely see a dip, the long term growth will be explosive.
Hold onto your butts.
