China can tank but U.S. because of tech industry won't be affected FOR LONG. Mark Cuban I take his advice on a lot of things but he can't see what's happening on the ground level:
U.S. tech is growing exponentially YoY and there's not much that can stop it right now. Look at what's happening in the following spaces:
- The Cloud
- 3D Printing
- Data Analytics (closely connected with the Cloud features and capabilities now)
- Drones
- FinTech
Those are just the ones that are top of mind. There are hundreds of other categories popping up all which have real world applications and implications.
If we estimate even 1% of these categories will become a trillion dollar industry that is a huge boon for jobs and GDP. We will be insulated from shock as long as tech innovation which improves efficiency and productivity of daily life and companies continues to surge. M&A will surge in the next 10 years as big companies like Google, MSFT and Apple make strategic acquisitions.