I don't think you can lump all technology into the same group anymore. There is a big difference between materials science technology, robotics technology, big data and analysis, and your run of the mill internet startup.
To me, I would say the industries closer to STEM are far undervalued, and the internet companies are generally overvalued, mostly because of one other industry: advertising. These days it feels like the standard model is to get as many users as possible, secret sell their data to third parties, eventually start advertising to them, and finally selling out to some corporate management husk which will take the company under the same name and run it into the ground capitalizing on the advertising potential, until it collapses or, if it's lucky, it gets turned into some sort of monopoly (eg, reddit on posting, facebook on social, linkedin for business social, google for search and email and big data, amazon for cloud services, twitter for immediate/short blurb social, etc)
Maybe it's just me, but it seems like most of the net startups just want to suckle on the teet of big advertising because they have are still so willing to give that teet out, and I'm hoping eventually this model collapses because it corrupts some of the important functions of society (eg, journalism).
To me, I would say the industries closer to STEM are far undervalued, and the internet companies are generally overvalued, mostly because of one other industry: advertising. These days it feels like the standard model is to get as many users as possible, secret sell their data to third parties, eventually start advertising to them, and finally selling out to some corporate management husk which will take the company under the same name and run it into the ground capitalizing on the advertising potential, until it collapses or, if it's lucky, it gets turned into some sort of monopoly (eg, reddit on posting, facebook on social, linkedin for business social, google for search and email and big data, amazon for cloud services, twitter for immediate/short blurb social, etc)
Maybe it's just me, but it seems like most of the net startups just want to suckle on the teet of big advertising because they have are still so willing to give that teet out, and I'm hoping eventually this model collapses because it corrupts some of the important functions of society (eg, journalism).