Dirkjan: Created page with "The ''frenzy'' stage (also called the 'gilded age') of a technological revolution is characterized by a sense of exploration and exuber..."

2020-08-25T07:14:09Z

Created page with "The ''frenzy'' stage (also called the 'gilded age') of a technological revolution is characterized by a sense of exploration and exuber..."

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The ''frenzy'' stage (also called the 'gilded age') of a [[Surge of a technological revolution|technological revolution]] is characterized by a sense of exploration and exuberance as entrepreneurs, engineers and investors try to find the best opportunities created by the big bang 'irruption'. Using a trial and error approach numerous projects are funded to help the technology find its place in the economy. The process continues until it reaches an insustainable exuverence, also called 'bubble' or 'mania'. At that point the 'paper wealth' of the stock market loses any meaningful relation with the realistic possibilties of the technology to create wealth.

See also:
* [[Irruption|Irruption]]
* Frenzy
* [[Crash|Crash]]
* [[Synergy|Synergy]]
* [[Maturity|Maturity]]
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Frenzy - Revision history

Dirkjan: Created page with "The ''frenzy'' stage (also called the 'gilded age') of a technological revolution is characterized by a sense of exploration and exuber..."