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My all time favorite from Paul Krugman: "The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law"--which states that the number of pot
by gfodor 12y ago
My all time favorite from Paul Krugman:
"The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law"--which states that the number of potential connections in a network is proportional to the square of the number of participants--becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."
- melling 12y agoHe says it really wasn't a prediction so he wasn't wrong: http://www.businessinsider.com/paul-krugman-responds-to-internet-quote-2013-12 http://www.businessinsider.com/paul-krugman-responds-to-inte... Sounds like that might be the wrong thing to say.
- wodenokoto 12y agoAs if the fax machine didn't have a huge impact.
- deleted 12y ago[deleted]