Perhaps this article tells us that there will be less thrust upon us in the next few months so that we can concentrate on making what we ve already started really work. There is no new new thing. A funk has settled over the U.S. technology industry. It s not just the little matter of crashing market values of so many tech companies. Not even the palpable sense that a fantastic and thrilling financial bubble has burst.
Money is only part of the trouble.
The other pieces were evident this week at Agenda, an influential, CEO-laden technology conference set near Scottsdale at the luxurious Phoenician resort. The industry seems to have stalled. The technology that is the basis for the Web, HTML, might have hit the upper limits of what it can do. And Silicon Valley s near-monopoly on tech innovation is in danger of getting whittled back by Europe, Japan and Israel. This year, there was little new and almost nothing that got everybody talking.