I've been watching this bullshit bubble grow since the early 1990's.

Every time I think the tech universe has expanded as far as it possibly can, it makes more universe to expand in to.

Paper currency works because everyone buys in to the myth that this piece of paper is worth anything at all. If people woke up tomorrow and thought, "what the fuck? This is JUST PAPER!" the effects would be catastrophic.

But for something like three centuries now, and uncountable generations, we have kept this delusion going simply because everyone suffers if we don't.

The tech industry is there, as well.

We all know this technology is largely useless bullshit, but it fires our little endorphin circuits, and we buy in again. And every time the tech industry is going to burst, die, explode, crash... it doesn't. The universe just gets bigger, and the tech industry grows into the new space that has been created.

Investors are so far beyond any logic or reason (Tesla, Google, Facebook, etc.), that they are building a whole new bubble to grow in to.

It's beyond logic and math. And has been for a long time. I think we may need to reset the baseline on our measurements...