SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (41411)12/30/1998 6:17:00 AM
From: accountclosed  Read Replies (3) of 132070
 
MB, this is the kind of thinking that I see as showing the mania.

Banks. Banks and retailers are going to take it on the chin with the advent of Internet e-commerce.
Watch it though. Anther 10 years, the banks will not have any bite left in their bark. probably won't even have a bark left either.

Message 7020092

It comes from a new thread called Internet Slaughter.
Subject 24530

I read it thinking that it would be about internuts that were going to be slaughtered, but in fact it was about how the internet was going to slaughter businesses. This poster thinks that the internet will make banks obsolete. I think there is validity to the fact that banking is changing. That there won't be as many brick and mortar banks in the future. But when people really believe that the internet is so powerful that it will just brush aside 100 billion dollar capitalization banks because they have a web site, it sound like a mania to me. Banks are working at the pace they believe is in their best interest to tap the internet as a business tool.

The internet is an evolutionary tool for business. It is not so powerful a tool that anyone knowing frames and java can takeover the business world like in a Disney or Fox movie starring Macaulay Culkin.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News