The year is 1998, and the world has gone mad.
I’m caught in the middle of it all, but at this point in my life I’m not really equipped to detect the crazy. I’m 27 years old. I got married last year, and our first child – our daughter Rachel – was born this year. I’m young, I’m working hard, and I have no idea what I’m doing. I’m so wrapped up in the changes in my own life that I don’t really notice how mad the world is.
It’s a communal kind of madness. Individually, people are as sane as they’ve ever beenWhich probably isn’t saying much.. But we’re in a period of rapid technological and cultural change. Everyone wants to stay ahead of the game and nobody knows what’s going to happen next. It’s only been five years since the Mosaic browser hit the net and kicked off the web as we know it today. Since then the internet has exploded in popularity.

If you put the various consumer technologies of the 20th century on a graph, you can see the growth curve of the internet is steeper than the growth of household computers. That is, it’s going to take the internet even less time to go from “nobody has heard of it” to “everyone has two” levels of saturation. And the growth curve of computers was already steeper than the growth of automobiles and electricity, and both of those grew faster than the telephone. Not only is the world changing, the rate at which it’s changing is increasing.
If you’re an investor, then this is panic-inducing. If you’d dropped just $2,100 into Microsoft when it went public in 1986, then today in 1998 that stock would be worth over one million dollars.
Twelve years. A growth of 47,619%. The mind boggles.
Continue reading 〉〉 “Crash Dot Com Part 1: A World Gone Mad”
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