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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (236092)10/28/2013 9:39:20 PM
From: Alex MG  Read Replies (1) | Respond to of 543145
 
yeah, Krugman was wrong in 1998 about the impact of the internet

it was easy to use the internet, aka 'the google', aka a 'series of tubes', to find the damning evidence, lol

now we have finally given steve lokness something substantial to criticize Krugman for

web.archive.org

* The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law"--which states that the number of potential connections in a network is proportional to the square of the number of participants--becomes apparent: 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.