> Computers and the internet looked like bubbles until they didn’t. The funny thing being, it isn't that clear how the (personal) computer revolution worked ou

> Computers and the internet looked like bubbles until they didn’t. The funny thing being, it isn't that clear how the (personal) computer revolution worked out: The IBM PC was envisioned as a dumb smart terminal that would rely on mainframe integration for anything serious business. This model clearly failed with the advent of i386, as tasks were increasingly done locally and exclusively so. That model failed clearly, as computers are now dumb smart terminals that are connected to mainframes (AKA "the cloud")… Similarly, the Internet revolution would connect everyone on equal standing and equal reach, decentralized, as opposed to the ideas of information utilities that has been proposed previously, an idea that clearly failed. Now this idea has clearly failed, as the Internet has become a centralized information utility run by a few companies for the majority of its use…