Web3, the Metaverse, and the Lack of Useful Innovation
So far, the year 2022 has certainly looked like a deflating technology bubble. After a decade of rising market caps, stocks for formerly hot “tech” companies fell far below their recent highs. By September 2022, exercise equipment maker Peloton was down 90 percent from a year before; ridesharing company Lyft had fallen 70 percent; videoconferencing…
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