This document discusses the possibility of a new tech boom or bust by analyzing technology sector activity and historical scenarios. It first examines how technology causes disruption in many industries and how this is transforming the economy. It then reviews current venture capital trends and notable winners and losers in tech. Two historical scenarios from the 1990s are presented: 1) The tech boom from 1995-1999 where stock prices of tech companies greatly increased. 2) The dot-com bust from 2000-2002 where many tech companies failed after overvaluation. Finally, it outlines three potential future scenarios: 1) "Tech consumes the world" where serious innovation leads to widespread changes. 2) "Dot com déjà vu" where speculative frenz