Bubbles of Innovation: The Dual Nature of Technological Growth

This chapter examines the historical occurrence of speculative bubbles linked to emerging technologies, using examples from radio to AI. It discusses the complex interplay between the rise of talent and funding amidst potential scams, and argues that these bubbles ultimately foster technological advancement. Additionally, it explores generational dynamics and societal reactions to entrepreneurs reshaping power structures, emphasizing the critical moments that influence worldview formation.