There is no technology bubble

Here’s a funny video originally posted (and sinced threatened and removed) by dailymotion but luckily Techcrunch saved it.  The video begins with Peter Thiel (venture capitalist, co-founder of paypal, and early supporter of facebook) claims there is no technology bubble.  A technology bubble is in reference to the early 2000’s “dotcom bubble.”  The idea is that like the dotcom era, technology will rapidly expand then burst, dropping stocks rapidly.  Following his Thiel’s statement a video rolls with excellent lyrics explaining that web 2.0 companies and applications are raking in the cash and here to stay.

Why call your friends when you can stalk them?

So this program isn’t exactly brand new…but it’s interesting.  Everyone at one time or another has found themselves “stalking” someone across facebook (hopefully a friend of a friend, otherwise you might be one of these people.

But loopt has taken it a step farther and allowed you to find the location of your friends by using the gps on their cell phone.  Granted it is slightly delayed and sometimes inaccurately triangulated,  but still.  Maybe once it’s refined it could be a good program for overprotective moms but although it’s a cool idea…you won’t be triangulating me anytime soon.