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It’s tempting, today, to believe that Facebook’s buyout of Instagram signals the eventual end of the current technology bubble. (As in the last one, of course, all kinds of brilliant people are insisting that no such thing exists at the moment; I’ll be happy to be proved wrong.) But circumstances also suggest that today’s bubble, assuming we’re in one, has room to expand. The main reason is the recently passed Jobs Act that, as noted recently, is ostensibly designed to fuel entrepreneurship in America but which is at least as likely to promote corporate fraud. Silicon Valley loves the law, but the scam artists of the world are surely salivating, too. When a flood of sleaze adds to a rising tide, all boats float higher – for a time.

- Dan Gillmor asks: Does Facebook’s buyout of Instagram signal the end of the tech bubble?
Photograph: Antonio Bronic/Reuters

    It’s tempting, today, to believe that Facebook’s buyout of Instagram signals the eventual end of the current technology bubble. (As in the last one, of course, all kinds of brilliant people are insisting that no such thing exists at the moment; I’ll be happy to be proved wrong.) But circumstances also suggest that today’s bubble, assuming we’re in one, has room to expand. The main reason is the recently passed Jobs Act that, as noted recently, is ostensibly designed to fuel entrepreneurship in America but which is at least as likely to promote corporate fraud. Silicon Valley loves the law, but the scam artists of the world are surely salivating, too. When a flood of sleaze adds to a rising tide, all boats float higher – for a time.

    - Dan Gillmor asks: Does Facebook’s buyout of Instagram signal the end of the tech bubble?

    Photograph: Antonio Bronic/Reuters

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