Dot Com Boom Is Just Beginning
from the we-ain't-seen-nothing-yet dept
Economist Brian Arthur (whose work is really worth reading) has pointed out that he thinks the "dot com boom" has only just begun. He compares the internet craze with prior boom and bust cycles and points out that many involved an early bubble period, followed by a bust, followed by the time when real money was made. I think, conceptually, most people do agree with this - though, they would take exception to the idea that it's going to be a "dot com" boom. Instead, the internet will be seen as a useful tool, which people can use to make money off of by offering legitimate goods and services (as opposed to offering just equity supported by hype and hot air).
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
No Subject Given
The internet is a god damn medium of communication. I wonder if there was all sorts of speculation of when and who and how people would profits would come as a result of the telephone invention.
its a god damn medium
some will leverage it succesfully
some will leverage it unsuccesfully
some will not leverage it
end of story.
[ link to this | view in thread ]