Another IT Company that burnt a lot of money. Zynga, Facebook, Groupon... all complete disasters for investors.
Maybe people should stop their blind belief in new IT technologies and how the internet will change our lives. The first dotcom.bubble has led indirectly into the economy crisis and now we are witnessing the downfall of the next big web2.0 companies.
We have reached a tech level that will suffice for the masses. OK, there is BluRay but most of the times I still choose the DVD over BluRay because the DVD is good enough for me and it is cheaper. I get only my favourite Movies on BluRay.
The next console generation might really be the last one because the mass market may think that the tech level will be enough and an upgrade would not be worth the price. Assassin's Creed 2 for example will still be a great game that can be enjoyed in 10 Years.
The push for 3D somehow showed that people are not automatically adopting each and every new technology if they do not feel that they offer a really significant advancement.
The only hype that I do not fully understand are tablet PC and Smartphones. I mean, they were never that groundbreaking... and without a keyboard a tablet PC is not a proper working station. But that has more to do with marketing. They are just lifestyle products.
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