ZeroHedge
Source: How The Internet Turned Bad | Zero Hedge
In 1993, I did not picture people having their online experience being “fed” to them by large corporations using mysterious algorithms. Instead, I envisioned individuals in control, creating and exploring on their own.
In hindsight, I think that four developments took place that changed the direction of the Internet.
- The masses came to the Internet. Many of the new arrivals were less technically savvy, were more interested in passively consuming entertainment than in contributing creatively, and were less able to handle uncensored content in a mature way. They have been willing to give up autonomy in exchange for convenience.
- At the same time, the capability of artificial intelligence grew rapidly. Better artificial intelligence made corporate control over the user experience more cost-effective than had been the case earlier.
- The winner-take-all mentality took over. Entrepreneurs and consultants were convinced that only one firm in each market segment would dominate. In recent years, this has become almost a self-fulfilling prophecy, as stock market investors poured money into leading firms, giving those firms the freedom to experiment with new business ventures, under-price competitors, and buy out rivals.
- The peer-to-peer structure of the Internet and the services provided over it did not scale gracefully. The idea of a “dumb network” of fully distributed computing gave way to caching servers and server farms. The personal blog or web site gave way to Facebook and YouTube.
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