“The growth of the Internet will slow drastically [as it] becomes apparent [that] 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…. Ten years from now the phrase information economy will sound silly.”

–Paul Krugman, 1998 (via New York Review of Books). Read more on the past, present and future of the Internet.

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