I am not overly familiar with how things work in the market, but it seems that it would be logical that overall it would continue to do well.
Technology is advancing at a pace where it cannot even be kept up with anymore... computers will soon be able to integrate with the brain, they will be as powerful as a human brain, but the size of a pea.
In genetics they will be able to genetically engineer a human that is superior to any human alive today.
In nanotechnology they are developing micro-robots that will be able to 'operate' on a human body from the inside. Much in the way Star Trek represented in the cyborg or Borg as they were called.
We are there... with all these things... they are not decades down the road, they aren't even years down the road... many of these things, and many other things one would consider sci-fi fantasy only are being worked on right now. Today. And will be impacting our world tomorrow.
So I wouldn't be betting on Viacom, or buying stock in the NY Times, don't invest in retail stores like Sears or Macy's... there are a lot of things that people still consider 'staples' in life that are dinosaurs, they are extinct already, they just don't know it yet.
But technology... especially those corps that are known to advance new technology, I'd consider a safe bet.
I would imagine it will do so for many years to come.
Technology is about speed in delivery of information, services, and products. The demand for this isn't likely to wane.
People really don't want to "stand in line" for anything anymore.
If anything more brick & mortar retail business are investing in online business models to compete with Amazon.
Most people couldn't figure out how to use the Yellow Pages today.
It will as long as it leads to high productivity growth that generates more profits for those who adopt it.
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