Some people act that technology driving massive stock market growth is crazy.
Well, hate to break it to you pals! But this has basically been happening for all human history.
Sure it’s happening faster today, but when you see all the crazy tech revolutions we’re in RIGHT NOW, you won’t be surprised.
Let’s look back in time and then see what’s driving growth today.
10. Electrification (1920s)
What happened? The rise of electricity, coupled with the car and radio, reshaped daily life and fuelled the Roaring Twenties.
Rally: U.S. stocks up ~200% from 1923–1929
“First time caller, first time listener.”
9. Mass Consumerism and Computing (1950s-1960s)
What happened? This was both a social and technology trend. The post-war boom included TVs, jet aircraft, and mainframe computers, sparking suburban sprawl and consumption. IBM and General Motors led this era.
Rally: S&P 500 up 308% (1947–1957), 76% (1957–1961)
This thing has less computing power than your average iPad nano (probably).
8. Personal Computers (1982–1987)
What happened? The beginning of affordable personal computers drove productivity and new business models, leading to a major bull run led by Microsoft and Intel. Crazy to think given what happened with Intel this week.
Rally: S&P 500 up 282% (1982–1987)
What a time to be alive.
7. Internet and Dot-Com Boom (1990–2000)
What happened? Internet adoption revolutionized business and communication. Tech stocks soared. Leaders were companies like Cisco and Amazon.
Rally: Tech stocks up ~400%, S&P 500 up 355% (1990–2000)
Did you now that Michael Jackson’s hit song “Billy Jean” is actually misquoted and is about Billy G - AKA Bill Gates?? Because it’s not.
6. Smartphones (2003–2010s)
What happened? The smartphone era, marked by Apple's iPhone launch, led to explosive growth in mobile computing, app economies, and platform businesses (Apple, Google).
Rally: Apple up 1,200%+, Amazon up 2,000%+ (2009–2020).
5. Cloud Computing (2009-now)
What happened? Cloud platforms have transformed transforming the way companies store and process data, with Amazon Web Services and Microsoft Azure leading the way.
Rally: Major cloud players (e.g. Amazon, Microsoft) have led tech stocks to a 1,200% rally from 2009 to today.
Makes me dizzy.
4. E-Commerce Revolution (2009-now)
What happened? Platforms like Amazon and Shopify shifted global retail to online-first models.
Rally: Amazon up ~7,800% since 2009, Shopify up 4,380% from 2015 IPO.
3. Streaming Digital Media (2007-now)
What happened? On-demand streaming (Netflix, YouTube) disrupted traditional media and advertising, creating a new content economy.
Rally: Netflix up ~37,000% from 2007.
2. Electric and Driverless Cars (2010-now)
What happened? Tesla led the adoption of EVs and autonomy, driving not just car sales but battery, AI, and software innovation.
Ten years ago 0.6% of cars sold globally were electric. Today it’s about 25%.
What they do: Tesla up ~31,000% since 2010.
Tesla lineup - still waiting on a few of these! Robot standing in the corner like 🤖
1. Artificial Intelligence (2022-now)
What happened? AI, especially generative AI and machine learning, is currently powering a major rally with massive investment in chips (NVIDIA), cloud (Microsoft, Google), and AI applications (Palantir).
Rally: U.S. tech stocks are up ~120% from the 2022 lows, driven by AI leaders.
Life moving too fast?
Stocks are moving even faster.
Yes markets are pretty crazy right now, but it’s not surprise considering how many tech waves we’re currently living through.
Hold on tight.
