WHY TECH WILL BLOOM AGAIN

摘要

To hear some folks tell it, the information-technology revolution is kaput. The industry that has driven the economy and captured our imaginations for years has peaked for good, insists a chorus of skeptics. It's true that after four decades of 10% annual growth, more than twice the growth rate of the gross domestic product, tech spending has dropped for two straight years. And corporate IT chiefs say they won't increase spending more than 3% this year. Even some of tech's titans are starting to join the dirge. "This is the new baseline," declares Oracle Corp. Chief Executive Lawrence J. Ellison. "The industry in total will actually shrink."