Oh, the power of dinosaurs to make class more exciting. After viewing the Dot Com to Dot Bomb
presentation, I learned a lot about the history that sparked the age of the
internet, and it made sense that so much of what happened actually happened. Firstly, businesses that began having
websites early in the dot com boom were said to be successful because there
were so few websites that you could actually list them out. This made sense. However, as more and more websites appeared
and having a site became mainstream, those websites early were no longer
special for the reason that they were (this is a possible factor contributing
to their downturns). Also, as more
people learn to create websites, websites would have improved in terms of
functionality, complexity (e.g. better use of HTML), and security. Websites that did not keep up to those
standards would also be put to shame, so this may have been a factor as well.
I found it interesting when Infospace, since it had gone
public, was worth more than Boeing. This
was pretty shocking since a new company like Infospace could be worth so much;
clearly something was wrong. It seemed inevitable
that all businesses would eventually have a website facing that websites had
become so successful. This, essentially,
explained to me the dinosaur analogy: the dinosaurs became so powerful, that
they would eventually eat everything the world had to offer and starve (despite
the fact they died to a meteor, but this analogy still makes sense).
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