Wed
Dec
23
Paul Saffo Opined About the Internet in 1995 - Here We Are 14 Years Later
It’s a very consistent pattern in this business that collectively as a society and as individuals we all suffer from what I call macro- myopia. A pattern where our hopes and our expectations or our fears about the threatened impact of some new technology causes us to overestimate its short-term impacts and reality always fails to meet those inflated expectations. And as a result our disappointment then leads us to turn around and underestimate the long-term implications and I can guarantee you this time will be no different. The short-term impact of this stuff [the Internet] will be less than the hype would suggest but the long-term implications will be vastly larger than we can possibly imagine today.
