The disaster or security bubble and investors
Monday, September 10th, 2007This article talks mostly about politics but there is a message for investors. You can try to profit from the security bubble but like the dotcom bubble it may not last forever…
Like the dotcom bubble, the disaster bubble is inflating in an ad-hoc and chaotic fashion. One of the first booms for the homeland security industry was surveillance cameras, 30m of which have been installed in the US, shooting about 4bn hours of footage a year. That created a problem: who’s going to watch 4bn hours of footage? So a new market emerged for “analytic software” that scans the tapes and creates matches with images already on file.