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> But remember how the internet was hyped in the 90s? Sure it'll change the world, but it's too early to predict how or when. But clearly we've entered a new er
by eddythompson80 1y ago
> But remember how the internet was hyped in the 90s? Sure it'll change the world, but it's too early to predict how or when. But clearly we've entered a new era and if will be interesting to see how it plays out.
Yes, I actually think we can have pretty good guess looking at how the internet evolved. It's really not how it was envisioned in the 90s. A lot of people knew it was gonna be big of course, but they couldn't tell you how. There is the type of applications/services the internet enabled, and how do you actually make monetize the internet.
Google, Amazon, Netflix, Microsoft, Apple, etc all had different "takes" on how the internet was gonna be big and how they will monetize it. The actual services they provide are things that WAS correctly envisioned and was "known" in the 90s. I remember people talking about the "future where you could have":
- On-Demand video streaming service
- News, weather, and communication (email, IM, chat, video conference) services
- Commerce
You could go to videos from the 90s on YouTube and see many people (including Bill Gates himself) easily say "One day you'll be doing all your shopping online. You can watch any movie in the world in a second. You can chat with your loved ones around the world in video in real time and send and receive messages from them instantaneously whenever and whereever you like. Everyone familiar with computers and networks knew that future was possible. It was a matter of timeline and when the technology/cost curves would cross for it to work.
How you monetize that though wasn't exactly known/agreed on. Monetizing a commerce and paid services is straightforward, and you just need the technology to be ready for the scenario you wanted to achieve.
Google on the other hand put all their cards on Ads for example. Microsoft initially thought they can just sell the software to run email or hosting for a web services, but they also dabbled in Ads, paid services (cloud and otherwise)
Not sure what the similar verticals in AI will be. It's not Application vs Monetization. I think it's something else.