Tech Companies

Reading Tyler Cowen's THE GREAT STAGFLATION. He makes a good point about tech companies - he likes their products - but as different from past technological inventions - their products do not produce high employment numbers. Twitter, for instance, only has 300 employees. Many movies employ more people. So while these products might be "cool" (I am dubious, other than blogger), they don't exactly help the economy churn and earn people money to feed their families.