How to look for the tech winners of tomorrow. Plus, a buying opportunity in Canadian bank stocks

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was billed to me as a bank crisis-led obituary for the technology sector, but that’s not quite the case.

This is a less bold claim about the tech sector - and one that I can agree with. The essay focuses on venture capitalists but we’re also seeing a partial implosion in the form of mass layoffs for the companies –The discussion brings to mind the work of, who has spent a lifetime analyzing the history of technological revolutions – the 18th century industrial revolution, through the railway boom, electricity and the rise of the personal vehicle and crude oil.

Ms. Perez believes that the current digital revolution is half done, with the good times potentially ahead. Her template forecasts a shift from creative destruction and the evaporation of many old economy jobs towards what she calls a golden age of ‘creative construction’, where the reimagining of institutions creates a ‘win-win’ economic backdrop.

 

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