“The reality is that calling a business a ‘tech company’ is a ploy to make it sound exciting to potential consumers and investors, not a method of assigning greater meaning,” aruges David Yanofsky for Quartz. “The moniker says nothing about what type of company it actually is, only that it is a business that uses at least one technology to provide its product or service.”

He goes on, “The era of tech companies is over. To stay competitive in today’s marketplaces, every company, by the current standard, could be called a tech company, which of course, is another way of saying that none of them should be.”

Nailed it.