It should be noted that the transition of experimental -> boom -> crash is pretty common in markets. It can also be expressed as disruption -> refinement -> overshooting. The basic idea is presented, it's improved upon, but eventually the refinements go too far and the largest segment of the market is lost due to the previous refinements being "good enough".
Sometimes a market crash is caused by stagnation instead, where the products simply stop getting better altogether. That's as bad as overshooting the market, of course, because there's no incentive to buy the latest product if it has nothing new to offer over the older model.
Complacency is a market's worst enemy, and disruption is the key to allowing markets to survive long past when they should have expired completely. If you mix it up and make it new again, you can avoid a mess like the 1984 video game market crash.
Sky Render - Sanity is for the weak.
