Friday, June 26, 2009

"Something Called the Internet"

In 1994, Bill Gates and Tom Brokaw discuss "something called the internet."

Note at the end of the clip that Brokaw is concerned about the jobs that "will be lost" because of the internet. How in 1994 would it have been possible to explain to a blockhead like Brokaw the theoretical free market principle that new jobs will be created when old jobs are gone? If they don't get the theroetical, it is impossible at that early stage to detail, to a large degree, the specifics of what would ultimately arise, such as demand for workers in fields like web design, search engine design, email software design etc. That companies with unlikely names, like Yahoo, Google, Twitter, Facebook, Amazon and GoDaddy would employ thousands upon thousands.


viaPaulKedorsky

2 comments:

  1. Your language (Slightly corrected):

    "If they don't get the theoretical, it is impossible [[to see]], at that early stage of detail, to a large degree, the specifics of what would ultimately arise, such as demand for workers in fields like web design, search engine design, email software design etc."

    A beautiful first iteration of Fractal exposition. Brokaw and Gates are both trapped in an inappropriate dynamic of understanding.

    Just a few years later, people were worried about whether M$ would take over the Internet with their own version of Drubnet 1.0.

    They didn't get it either.

    Whitehead talked of the "Creative Advance". It's something we need to see and understand.

    Nice language, RW.

    CW

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  2. Well if Brokaw were alive during the turn of the twentieth century, he would have been complaining about all the horse and buggy jobs that were being lost due to the automobile.

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