The Parallels between the Web 3.0 and the Financial Crisis 3.0

William Pesek has a witty piece on this subject, titled: "Irrational Exuberance 3.0 Is Oozing Into Markets"

Here is an excerpt:

"What Web 3.0 has in common with the financial crisis is that its future is in the eye of the beholder. Just as some look at U.S. bank stress tests and rejoice, others are losing sleep over balance sheets. Just as some see Web 3.0 as a vast wilderness of untapped business opportunities, others are concerned that cyberspace’s next generation will erase all privacy and copyrights."

The full piece is at: http://www.bloomberg.com/apps/news?pid=20601039&sid=axNZNGYnYnt8&refer=home (accessed at 0858 GMT today) Sphere: Related Content