Eventually you won’t think of ‘the Internet business.’ You’ll think of it more like news, weather, sports, but even that taxonomy isn’t clear.
Eventually you won’t think of ‘the Internet business.’ You’ll think of it more like news, weather, sports, but even that taxonomy isn’t clear.
People want to watch whatever video they want to watch whenever they want to watch. If you provision your Internet infrastructure adequately, you can do that.
I think most of the important stuff on the Internet has been built. There will be continued innovation, for sure, but the great problems of the Internet have essentially been solved.
Music, even with these dial-up connections you have to the Internet, is very practical to download.
There are websites that any government wants to block. The truth about the Internet is that it’s extremely hard to block anything – extremely hard. You’ll never get perfect blocking.
For a highly motivated learner, it’s not like knowledge is secret and somehow the Internet made it not secret. It just made knowledge easy to find. If you’re a motivated enough learner, books are pretty good.
But there’s so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That’s where we are. We don’t get our hair caught in it, but that’s the level of primitiveness of where we are. We’re in 1908.
On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It’s very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.
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