This is more of a parallel of the video game crash that happened before. When the video game consoles created a bubble in the US every body suddenly started creating video games, to the point many were so bad they were literally unplayable. When the market got flooded with bad games, people stopped buying games (since no one trusted the quality anymore), leading to a crash in the industry: https://en.wikipedia.org/wiki/Video_game_crash_of_1983