Around 1997 I worked for a company building and hosting websites for folks. My boss, the founder of an internet company said to me "Ecommerce is a total bust. N

Around 1997 I worked for a company building and hosting websites for folks. My boss, the founder of an internet company said to me "Ecommerce is a total bust. No-one is ever going to send their credit card details to some random company on the internet". The point is that even folks involved in the industry got the first wave of the internet badly wrong because it's really hard to anticipate the future especially when a bunch of creative people are working on something.