Thursday, January 19, 2006
I, for one, welcome our new spiritual overlords
When analysts start to predict that Google's stock price may hit $2000 you don't need to be a rocket scientist to figure out that the hype around Google is on its way to become a craze.
But when reputable business magazines like The Economist start comparing Google to a religion, calling The Algorithm its God and St Lawrence of Google its Prophet, you just know you have a craze of mythical proportions on your hand. The Economist even speculates that Larry and Sergei are on a holy mission to change the world with all their billions of dollars.
Pulling billioms of dollars out of the market in order to start a religion might even become a trend. At least that's what the Maharishi Mahesh Yogi must've thought when he started his latest campaign, asking the world for nothing less than 10 trillion dollars. Buy one or more shares for $50,000 each and you'll be part of the Maharishi's global initiative to eliminate poverty.
Guess I'd rather put my money on the Religion of the Omniscient and Omnipotent Algorithm, as The Economist calls it.
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