The 1993 to 2001 period in history isn't simple to explain. I'm not guessing since I was actually there. The era involved many simultaneous phenomena interacting to create a lollapalooza. If I had to select one triggering event it was creation of the commercial internet in 1993.
https://twitter.com/kofinas/status/1411740633463767040
The triggering phenomena that created the commercial internet in 1993 were chips appearing in devices, running software and connected by wired and wireless networks. When this happened, many new ways to create value were possible and the process of sorting that out was exuberant.
People creating new value based on chips in devices connected by networks continues today ~ thirty years later. There's still a lot of exuberance as the efforts of businesses get sorted out. What's different? Central banks did not take interest rates to zero and beyond in 2001.
I'm currently on a boat on my way to my office because that is where there is fast Internet, I am doing so because a communications provider hasn't been able to buy a device with chips in it that would connect me to the Internet at my home. This picture is what I looking at now. 
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