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abetusk | 8 days ago

You're completely forgetting "all your jobs are going to get outsourced to India". There was panic that internet connectivity would make local talent obsolete.

Microsoft was in full swing with trying to strangle the computing space. "Embrace, extend, extinguish" was a term coined from that era. Ballmer called Linux "a cancer". [0]

People were in a panic about Napster and how the internet would steal billions of dollars.

It does seem like people are much more against AI now than the dot-com boom then, but it's all looks and sounds very familiar to me.

[0] https://www.theregister.com/2001/06/02/ballmer_linux_is_a_ca...

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cmxch|7 days ago

> You're completely forgetting "all your jobs are going to get outsourced to India". There was panic that internet connectivity would make local talent obsolete.

That was largely in the latter part of the boom and part of the bust afterward. I recall some words from Carly Fiorina being said (“Forget the engineers”) that seemed to foretell the more extractive future.

nunez|8 days ago

> People were in a panic about Napster and how the internet would steal billions of dollars

lol, absolutely not. The music industry was afraid of this, yes. The normies? Couldn't get enough of it.

jhbadger|8 days ago

Depends on how you define "normies". Sure, students happily napstered away, but a lot of adults (even those with no financial stake in the music industry) seriously believed the claims of the music executives that this "piracy" was going to destroy music and needed to be stopped.