Uh Oh - we're having a party.

I feel really sorry for the geek kids who, by sheer bad luck, put up a party video just as the Silicon Valley Sophists decided to tell their charges that the Party Was Over - Officially. The video went viral in the worst possible way, drawing the ire of TechCrunch - and no doubt the envy all of us older folks who recall what it was like to be 25, lithe and carefree

(This 1938 Media sendup of The Video is very good....)

But these are not the people who caused this crisis - that was a financial bubble. As one of the commentators on the TechCrunch piece put it:

“I really don’t understand why anyone thinks a bunch of some 20-something kids having fun on vacation is tasteless. Though I don’t know for sure, I don’t think any of them got rich laundering crappy securities to unsuspecting investors. And I’m 100% sure they weren’t doing this on their employers dime or time.

If you’re trying to latch onto a poster child for the egregious behavior directly related to the financial meltdown, it’s not in Cyprus. It’s in New York. The tech industry wasn’t the cause, and a group of kids who happen to work in the tech industry and happen to be on vacation on their own time and money shouldn’t have anything to do with the market correction. To infer such is simply biased journalism.”

And these are not even the Geeks who should be shot - the people at fault there are these same sophists who pimped and funded me-too companies (or in some cases they weren't companies, just products) with cr*p "free for all" business models and even crapper (sorry - crappr) names. "There is no bubble in Technology", they said.....

The sad lesson here though, is that this is the inevitable result of the tendency of Generation Y to splash stuff up on the global media as if it were still a home video club. Once its up there, it stays there! This is the total loss of privacy that these aggregation sites feed off. Did I do stuff as dumb as this at 25? Hell no - I did far worse Was it captured on video to parade round for ever? No.

Yesterday Mark Zuckerberg noted he thought there was a Moore's Law for Privacy - as in every 18 months our concern about privacy halves - I hope lessons like this go some way to repealing it.