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Joseph Politano's avatar

Ah, good catch—just fixed it on the online version!

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Adam Mackay's avatar

Hey Joseph, great article. It's fascinating how the tech industry weathered through those tough times and bounced back. Looking forward to more insightful reads from Apricitas Economics.

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Joseph Politano's avatar

Thanks Adam! I'm glad you enjoyed

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Nipples Ultra's avatar

The tech industry has always been decoupled from the broader economy. Only during the recent ZIRP period has there been an appearance of synchronization.

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Sineira's avatar

I see that the Telecom sector has done a dramatic slowdown, maybe due to interest rates going up.

What is the effect of interest rates on the tech sector overall?

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Pan Prapan's avatar

>>Given that media consumers are disproportionately upper-income white-collar workers

Why is that? I mean, others don't consume media?

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Joseph Politano's avatar

They do, but at much lower quantities (much easier to watch or read the news working from a computer at home than when working at a restaurant or hospital) and are worth much, much less as customers to advertisers than high-income people, so the bias tends to be towards upper-income white-collar concerns.

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Pan Prapan's avatar

It makes sense, thanks for explaining.

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