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Summary
SamNav editorialMaybe instead of a tech bubble, we’re in a tech bust. No one seems to fervently believe tech valuations are cheap, so it’d be somewhat surprising if we were in a bubble. In many parts of the market, valuations seem too cheap....
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Maybe instead of a tech bubble, we’re in a tech bust. No one seems to fervently believe tech valuations are cheap, so it’d be somewhat surprising if we were in a bubble. In many parts of the market, valuations seem too cheap. In the part where they seem too high, maybe they aren’t really valuations at all
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Original source
Read the full essay on Sam Altman's blog
blog.samaltman.com/the-tech-bust-of-2015
Opens the original in a new tab · last reachable 2026-06-05