Recode reporter and tech journalist Kara Swisher looks at the tech boom that is happening right now.
We’re talking a lot of money, lots of jobs, lots and lots of bubbles and bubbles that can only last for a short time, she says.
Recode: Is this a bubble that will burst?
Swisher: I don’t think it’s a bubble.
It’s a temporary one, she adds.
Recoding: What’s the most important thing to keep in mind when looking at tech bubbles?
Swish: That’s the same kind of thing I always say to my guests when they ask me: Just because it’s in the news doesn’t mean it’s real.
I think the big thing is how the bubble is formed, that we can see the effects.
The bigger issue is how long it lasts.
That’s something I’ve talked about before on the show, and that’s something you need to understand.
You need to see how long the bubble will last.
Recoded: You’ve said you don’t believe bubbles will burst.
Swishers: Because the bubbles will never go away.
They’re a sign of the times.
They can be temporary.
They may burst and collapse, but that doesn’t change the fact that they’re a symptom of the world that we live in, she tells Recode.
Recodes: How does the tech industry make money?
Swishes: We have so many bubbles in the tech world.
I’m sure there’s plenty of people in the industry that are making a lot.
Recoder: What advice do you have for those in the technology industry that feel like they’ve fallen into a bubble?
Swishing: They can do it again, she advises.
We can rebuild and rebuild and, hopefully, this bubble will burst, she suggests.
RecODE: What do you think about the new President Donald Trump?
Swings: I think he’s doing a good job.
The things he’s saying and doing, I think, are a good start.
We should keep up the good work.
We’ve been blessed to have him as our president, she concludes.