Comment: 1998 Paul Krugman prediction regarding the internet:

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1998 Paul Krugman prediction regarding the internet:

Paul Krugman prediction (1998): "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."

http://web.archive.org/web/19980610100009/www.redherring.com...

Being so clueless, consistently wrong and yet having legion of fanboys across the world citing you as if you're credible truly is an art, Paul Krugman is the Leonardo DaVinci of it...

"If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom — go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, an