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This week on my podcast, I read my latest Locus Magazine column, “The Age of Vapor,” about the role science fiction imaginaires plays in fueling high-tech investment bubbles.
It’s one thing to make everything about imaginary technology when you’re writing SF. The point of those imaginative exercises is to illuminate: To provoke reflection on our present moment, to inspire or warn about the future.But spinning narratives about imaginary technology as investment advice is a very different matter. The point here is to obscure: to convince investors that a company with a 90% market share will somehow continue to grow, to stave off the day when Stein’s Law (“If something cannot go on forever, it will stop”) asserts itself.
The Age of Vapor
locusmag.comMP3
ia601003.us.archive.org