有人说,资本市场上科技类公司的平庸表现,可能意味着一个明星行业正在走向衰落。其实,问题并没有这么简单。 曾几何时,软件、网络就是高科技的代名词,预示着增长,代表了财富。但在人类历史发展的长河中,这种观点显然有些狭隘。在历史的不同阶段,代表着科技的高增长、高利润的行业是不同的:19世纪有纺织、机械;20世纪上半叶有能源、电力;下半叶有汽车、航空。但渐渐地,它们都走 Some people say that the mediocre performance of technology companies in the capital markets may mean that a star industry is declining. Actually, the problem is not that simple. Once upon a time, software, the Internet is synonymous with high technology, heralding growth, representing wealth. However, in the long history of human history, this view is obviously somewhat narrow. In different stages of history, the high-growth and high-profit industries represented by science and technology are different: textile and machinery in the 19th century; energy and electricity in the first half of the 20th century; automobiles and aviation in the second half of the 20th century. But gradually, they all go