Recently we examined some historic economic bubbles, as the market fluctuated, resulting in a peak of activity, and a subsequent burst of the bubble, and settling financial investments. The dot.com bubble bursting in 2000, was a perfect example of how new technologies, can really take off in their beginning stages, subsequently peak, and then burst. But just because the peak activity dropped, did not mean the end of digital technology, internet domains, or the use of the internet. The Gartner group formulated a theory of how new technologies go through a cycle. Based on geographic metaphors, Gartner claims that a new technology will be marked by:
1. A Technology Trigger
2. A Peak of Inflated Expectations
3. A Trough of Disillusionment
4. A Slope of Enlightenment