The sentiment has been brewing for a while thanks to a dizzying stream of innovative products and plans coming from Google, the flow of cash from venture-capital firms into interesting start-ups, and the convergence of media on devices that are oh-so-small, sleek, and cool. (Video on an iPod? Pretty soon we'll wonder how we got along this long without one!) It's witness to the fact that business models of yesterday feel rigid and overly complex and that communication and collaboration are changing so quickly that you'd better not blink too much.
So, go ahead, say it. It feels a lot like 1997 again, when the market was exciting, fast-paced, and, well, there were mega-doses of hype. Just don't say the B word. Because as good as the late-'90s bubble felt for many companies, it's better that we just celebrate innovation, encourage risk taking, reward the bright ideas, and not let it get out of control and lead to a big, messy pop.
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