Welcome to an emergency bonus, bonus weekend episode of the Tech Beam

Right Home. I'm Brian McCullough. Everybody has been talking about John Lettig's When Tailwind's Vanish essay

this weekend. I actually saw it late Friday and I should have put it in the weekend

Long Reed suggestions but I didn't because I hadn't actually read it yet

Well now I've read it and frankly I couldn't help myself that essay

Really scratched my history itch. I have a lot to say. So let me

spew a whole bunch of reactions at you that I just sat down this afternoon and punched up.

I've never done an episode like this before but

consider this sort of a long read, but by me a medium piece if you will, sort of a long

version of the rants that I sometimes go on on this show when I can't help myself.

Please read John's Peace for reference.

There's a link in the show notes.

But if you don't read it first, here to my mind are the most relevant graphs from John's piece.

Quote, the vast majority of the country spends six plus hours per day online,

frequent social media uses a smartphone and shops online.

This usage will undoubtedly continue to grow,

e-commerce will continue taking over physical retail,

and SAS Spend will continue replacing manual business processes.

But people can't spend more than 100% of their time or money on the internet.

As we approach full online penetration, new companies will need to steal revenue and users

from internet incumbents to grow.

Like any mature industry, Silicon Valley must battle to maintain growth in the face of immense

...