The high tech boom of the late 1990s and early 2000s came to an end in part because

Question

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Investment to address the Y2K problem was temporary and once it was resolved, the demand for technology investments slowed down. Additionally, new computer applications were more consumer-oriented like e-commerce and social media instead of being directed at increasing productivity. Finally, the fiber optic cable boom resulted in excess cable capacity that was not utilized, leading to a decrease in investment in the industry. All of these factors contributed to the end of the high tech boom.

The High Tech Boom of the Late 1990s and Early