Comment Re:For those of you old enough to remember 1997 .. (Score 4, Insightful) 144
...remember the contingent of naysayers who said the internet was a passing fad?
I remember both of them, and I remember thinking they were full of shit. Aside from Bill Gates and some other forgettable nobody, no one thought the Internet was a passing fad. However, just about everyone on Slashdot thought that most of the companies in the dot com boom were doomed to failure, even (especially?) as paid pundits talked up the brilliance of the companies' CEOs.
I see history repeating. The underlying technology has some cool uses (though not worth the catastrophic cost of building the models), but it's pets.com all over again.