alt Hacker NewsBy 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's
- Paul Krugman, 1998
Excuse me if I take the Krug-o-tron's opinions with a grain of salt.
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Keep your salt shaker handy because he produces opinions at a prodigious rate.
That personality type- highly verbal but able to produce talk to fit anything from a 5 second sound bite up to 2 hours, superficially bright but not actually thoughtful, full of spicy opinions, prone to predictions that sound interesting but don’t come true - is all over TV and now podcasts. Alex Jones is the same type.
So everyone who was wrong once 20 years ago should have their well presented insight dismissed without further reasoning?
The insider trading is pretty obvious right now.
Five years later, still mourning the dot-com bubble
https://www.southcoasttoday.com/story/news/nation-world/2005...
for a view of the internet's impact on the economy in 2005.
internet delivered massive value post 2005, but that is outside of the window K called out.