Dan O’Brien: Long-term prospects for tech sector couldn’t be brighter, despite this blip

We are all living more and more of our lives online so the sector will bounce back and although it’s hard for those who have lost jobs, most should find their skills in high demand, and it could lead to a new wave of start-ups

Recent conventional wisdom suggests that “data is to this century what oil was to the 20th century”. With each passing year, this sentiment appears to be correct, whatever the short-term headwinds the tech industry faces.

Those headwinds have gusted over the past week and grabbed lots of headlines, as job losses were announced both globally and in Ireland. When an industry suddenly makes the main evening news, it is worth looking at the bigger picture.