Even if the number of users were inflated, it was very clear from the start that once a person started using the Internet for daily activities like news, communication, and shopping, they didn’t stop. No one went back to the old ways.
Now can the same be said about AI? Perhaps too early to tell.
thanks for the flashback Marc, I remember it well 🤣 just like the statement by Copeland of Hayes about copper limitations and their subsequent demise in 94, so many people underestimated tech and its power...
Hey @grok make an image of @pmarca sitting at his computer placing a bet on @Polymarket, but set it all in 1994.
And if you can’t do that, just try harder
A picture is not an argument. That’s a picture of an article that casts doubt. It’s not really intended to induce the audience to read what the author wrote. It’s intended to make a point with a picture. But it doesn’t—the picture’s just a snapshot.
One might argue that they thus correctly predicted the dotcom crash just a few years later - more practical on the whole than lamenting their own demise 30 years later.
In 1994, the New York Times doubted 30 million internet users. Today, over 5.3 billion people are online. The experts were wrong by a factor of 176x.
This pattern repeats with every major technological shift. They're doing it again right now with AI and decentralized networks.
