Then there's cyberbusiness. We're promised instant catalog shopping—just point and click for great deals. We'll order airline tickets over the network, make restaurant reservations and negotiate sales contracts. Stores will become obselete. So how come my local mall does more business in an afternoon than the entire Internet handles in a month? Even if there were a trustworthy way to send money over the Internet—which there isn't—the network is missing a most essential ingredient of capitalism: salespeople.
Thursday, March 13, 2014
Right Up There With "This [Atomic Bomb] Will Never Go Off! And I Speak As An Expert in Munitions"
This guy points to an article by Clifford Stoll in 1995 Newsweek pointing out why this big Internet idea was nonsense: