This is such a good example for similar hypes in history that turned into hysteria - or at least historically wired legislation. In the early days of the automobile, they had the red flag laws that Made it mandatory for vehicle drivers to operate with at least three professionals on board of a vehicle, a mechanic, another engine specialist and one person carrying a red flag 50 meters ahead of the vehicle to indicate horse riders or coaches that a vehicle is approaching and this shows how people judge innovation and it becomes more important to stay calm and on track of any development that creates value. I totally agree that it becomes more important for entrepreneurs and investors to identify these areas and navigate through the ups and downs of the hype or hysteria 🙌
This is such a good example for similar hypes in history that turned into hysteria - or at least historically wired legislation. In the early days of the automobile, they had the red flag laws that Made it mandatory for vehicle drivers to operate with at least three professionals on board of a vehicle, a mechanic, another engine specialist and one person carrying a red flag 50 meters ahead of the vehicle to indicate horse riders or coaches that a vehicle is approaching and this shows how people judge innovation and it becomes more important to stay calm and on track of any development that creates value. I totally agree that it becomes more important for entrepreneurs and investors to identify these areas and navigate through the ups and downs of the hype or hysteria 🙌