Carlson frankly stated that he could not give a definite answer. Although the market history he learned showed that cyclicality is the most reliable law in the market, he could not rule out the possible impact of technological changes. He believes that it is naive to completely deny the possibility of a market paradigm shift.

We often attribute 'understanding' and other cognitive predicates by metaphor and analogy to cars, adding machines, and other artifacts, but nothing is proved b

It's true, markets evolve and tech plays a big role in it. While cycles offer insight, staying open to change is key. Adapting to potential shifts can open new opportunities.