Mildly Interesting

17338 readers

11 users here now

This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.

This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?

Just post some stuff and don't spam.

founded 1 year ago

MODERATORS

168

In 1998, Paul Krugman predicted the internet's impact on the economy would be no greater than the fax machine's (lemmy.world)

submitted 1 year ago* (last edited 1 year ago) by AlmightySnoo to c/mildlyinteresting

32 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 10 points 1 year ago

@deong

@AlmightySnoo @carl_dungeon

Certainly not a brilliant prediction, but it's hindsight that takes it from "pretty mediocre take" to "comically stupid".

The quote points out exactly why an expert in one field, economics, shouldn’t be assumed to be an expert in adjacent fields, how technological progression will make new forms of business possible