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The internet did not take a year to take off. AOL for DOS was released in 1991, and the dot com bust want for another decade. I guess it depends what you mean b
by darkerside 5y ago
The internet did not take a year to take off. AOL for DOS was released in 1991, and the dot com bust want for another decade. I guess it depends what you mean by "take off", but I'm old enough to remember that in the late 90s, the internet was very poorly understood by most people, and while experts predicted it would be the engine of our economy eventually, your average person couldn't see it.
- arcturus17 5y agoMy dad in Spain, which was an internet backwater back in the day, was buying books from Barnes & Noble circa 96. I was downloading songs off Napster around 98. The dot com bust, which was around 99/00, was a build-up of huge economic expectations around the internet indeed. Granted that this bubble was mostly caused supply-side (many companies barely had users), but the internet as a whole had millions and millions of users, ~250M circa 99 [1], carrying out all sorts of activities. Whether most end-users were aware of its true potential is irrelevant - the comparison to crypto, both in terms of timelines (13 years and counting with few applications to show for it) and usefulness, is preposterous. [1] https://stats.areppim.com/stats/stats_internetxfcstx2017.htm https://stats.areppim.com/stats/stats_internetxfcstx2017.htm