8.15.2002

Tech rolls on



Salon.com Technology | The media titans still don't get it

You'd think that, in summer 2002, with the red ink of a thousand bankrupt dot-coms still bleeding across the stock charts, everyone could agree on what happened to the Internet. Big money poured in; a few got rich, many lost their shirts. Trend became gold rush became bubble. Pop -- end of story. Now, everyone, back to work!

That, at any rate, is how much of the commercial media world views the Internet saga. New technology thing came along. Couldn't figure it out. Seemed important. Threw a lot of money at it. Down a hole. It's over now, thank God.

And that would be the story's end, if it weren't for one stubborn fact that refuses to vanish....
A review of a pair of books covering a volatile period in tech growth.

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