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2007: Boom Or Doom?

February 27th, 2007

Seeing the Dow dropping like a rock today nudged me to revisit my 2007 predictions of Boom or Doom I wrote a few months ago. It’s certainly too early to tell what we’re in for this year (as it should be, since it’s only March).

Anyhow, here we go:

Evidence for Doom: Google stock isn’t anywhere near $100, and war with Iran is looking more likely.

Evidence for Boom: “You” and by inference, YouTube, was TIME’s person of the year for 2006. I’ve also seen some articles posturing The Bay Area as The Place To Be.

I certainly hope YouTube wasn’t the peak. Maybe the sale of Facebook can inspire some froth.

I’ll do my part by having some Amici’s pizza tonight.

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  • Thanks for linking to the Siliconvalleywatcher article. That was an interesting read. The notion of Silicon Valley as a media powerhouse is an interesting one, especially if one expands the definition of "media".

    I started thinking about all the other media/entertainment companies based up here - gaming (EA), 3d animation (pixar), special fx (lucasfilm) in addition to the ones he outlined and you could make an even stronger case for the shift he's talking about.

    I guess as he suggests, the technology moniker hawked by so many valley companies usually masks the close ties to the media space. It also sure makes Apple's recent shedding of the "computer" portion of the company name a harbinger of things to come...

    And I'm not trying to get frothy on the valley or anything. I'm just fascinated by the continued "convergence" of technology and entertainment.
  • Seems the technology companies here are getting their foot in the door with the content distribution, and increasingly content creation. I suppose one could even include netflix in there :) Anyhow then when you add in all the hollywood stuff in LA - there's a lot going on with the west coast.
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