Quote:
Originally Posted by Firebot
The golden age of the internet turned into a bubble, because it sold anything internet related as money generating. I remember when I was getting free dial up connection and free storage, storage that took over 15 years to get anywhere back with google drive etc.
The big issue is that people threw money at anything that has .com or was internet, yet most of these ventures never generated any value or money by itself. Many companies literally didn't do anything. That's why the infamous dot bubble crash happened, it was literally a balloon of fake promises and fluff.
In the end though the internet still changed our lives forever. School today is way different than when I went to school.
You're going to see this with AI as well, heck it's happening now with sites popping up everywhere and people going on the bandwagon. But just because you will inevitably have many snake oil salesman telling you why their product is better, in the end the backbone of what we have and improving on is legit and revolutionary.
It's just hard to contemplate by many for good reason.
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My company set up a self-described 'elite group' to join the dot com craze. When asked what their value proposition was the best they could come up with was that they were 'eyeball aggregators'. Strangely, it didn't last.