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Which of those investments are you saying would have been a poor choice in 1999?

• MP_1729 2y ago
  All of them, without exception. Just recently, Sprint sold their fiber business for $1 lmfao. Or WorldCom. Or NetRail, Allied Riser, PSINet, FNSI, Firstmark, Carrier 1, UFO Group, Global Access, Aleron Broadband, Verio... All fiber went bust because despite internet's huge increase in traffic, the amount of packets per fiber increased a handful of magnitudes.
  • jameshart 2y ago
    But you’re saying investing in multiplexing and compression was also dumb?
    • MP_1729 2y ago
      Nope, I'm not
      • jameshart 2y ago
        Then your overarching thesis is not very clear. Is it simply ‘don’t invest in hardware capital, software always makes it worthless’?
        • MP_1729 2y ago
          It's more like: don't invest $100B in capital when there's still orders of magnitude improvements in software to be made.