Dot Bomb Not Technology Problem, Media Problem

Back in the late nineties, around San Francisco regional news rooms, and around most major markets as well, the talk was of how the Internet was not mature, or worse, unsafe and probably would simply fade away.  None suggested where it would go, and most simply iterated the frame-speak out of Washington as the Feds were trying to figure out how to manage risk, eCommerce and the world that the Internet was sure to bring.

Anyone who says that there was an actual plan, even by ten years ago, on how to distribute access to literally hundreds of millions, almost overnight, they’re revisionist or delusional.  Soon after that, the “bubble” burst and Wall Street proclaimed “dot-bomb” and many of the great companies floundered and stock prices plunged.  The regional news types framed that in a way that would make you think the Internet had in fact not only died, but was buried too.  Stocks lost incredible valuations and billionaires became millionaires.


Family and friends called to remind me that they warned me, “you should’ve gotten out,” and shadenfreude was in vogue everywhere.  Yet if anyone simply had clicked on the component’s list of major market indicators, they would realize that the money was in technology and Google, Amazon and Cisco would all be around longer than GE, GM and LockHeed. And in the decade since, the technology that was tenuous at best, the technologies that have become a part of our global DNA almost overnight, show no signs of letting up.

In terms of paradigm shifts, the changes to our actual lives, our many different cultures, are only now being observed in a practical way to see how we can continue to reap the benefits of technology and still have a life.  Universities will continue to be the hubs for our technology use and cultural adaptations.  So much has changed so quickly, we forget the acceptance is not universal and the media in question – phones, PC’s, Mac’s, PDA’s, cafe’s – are still evolving.  On the brighter, funnier side, don’t miss these two pieces below on some of the magic that has blessed our world.

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   The Seven Deadly Myths of Software Security

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“There’ve been several times when I felt like I didn’t really fit in at M.I.T.,” Ms. Chinea feels right at home at the institute — she loves the anime club, and that her hall has its own wiki Web site and an Internet Relay for real-time messaging. As she wrote on her blog, a hallmate once told her that “M.I.T. is the closest you can get to living in the Internet,” and Ms. Chinea reported, “IT IS SO TRUE. Love. It. So. Much.”

and …

Talks Jonathan Zittrain: The Web as random acts of kindness

“Feeling like the world is becoming less friendly? Social theorist Jonathan Zittrain begs to differ. The Internet, he suggests, is made up of millions of disinterested acts of kindness, curiosity and trust.


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