The big tech cycles. The big tech cycles from 2000 to 2024… | by Sergey Zavg | Sep, 2024 | Medium

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2024-09-03 23:30:27

The big tech cycles from 2000 to 2024 reflect the major technological advancements, business trends, and cultural shifts that have shaped the industry. Here’s an overview of the key cycles during this period:

Overview: The late 1990s saw a surge in internet-based companies (dot-coms) with inflated valuations, fueled by speculation on the potential of the internet.

Impact: Consolidation of the tech industry, with survivors like Amazon and eBay emerging stronger. This period also laid the groundwork for future internet-based services.

Impact: Massive growth in social media platforms, changing how people communicate, consume content, and advertise. This era also saw the rise of smartphones as the primary medium for accessing the web.

Impact: Shift from desktop to mobile computing, the explosion of apps, and the growth of cloud services, which transformed IT infrastructure and business models.

Impact: AI and data analytics became integral to business strategy, leading to advancements in automation, personalized services, and predictive analytics. There was also an increased focus on data privacy and ethics in tech.