[smokinn]

It's obviously not a given that you get programmers together and they create value. There's a lot more to a business than coding.

What I was arguing is not that bubbles don't pop but rather that you can't call everything a bubble because that implies that it's going to go down.

Maybe it's because I'm a programmer myself and therefore I'm too biased but I see very few jobs right now that are in such high demand and whose demand is only going to rise even more in the near term.

Basically I was saying it's not a bubble, it's a normal market correction. We had the dot-com bust that devalued programmers massively because of completely artificial conditions and this "white hot" we're currently in really should be the norm.