The internet’s whole entire dynamic changed with the introduction and adoption of the Mosaic browser. New internet companies sprung up in massive droves. Investors started to speculate on what the companies were actually worth. This speculation caused a crash that impacted the whole industry. The dot.com crash was a direct result of too much investment, too quickly. Many companies were valued for way more than they were actually worth. This created a culture of over-investment. That investment caused companies to put too much faith into a new industry. There was no guarantee that internet companies would actually do well and continue to do consistently well. But since the internet was so new, no one questioned it. Companies got lots of capital before they could prove how profitable they would be. Once the “bubble burst,” everyone lost everything. Companies could no longer keep themselves afloat. The bust hit everyone extremely hard. People lost their jobs and livelihoods. A lot of people also lost their interest in the tech industry. There was a much lower level of investment. People thought it was going to be a complete bust forever. Surprisingly, it wasn’t. Many companies began to build themselves up again. Slowly, people put their faith into the internet once again. Internet companies started to grow again. But this time, investors would be more cautious. The VCs would measure and assess their risks before investing into an Internet company. The continued investment allows for the internet to continue to be an ever-growing field. It gave us Amazon, Yahoo, and more.
The film had such a unique framing device. It uses a documentary style that seems real at first and then twists into science fiction. This made it so much more interesting for me. It made it interesting because I didn’t expect this twist at all. I assumed it would be an educational video about the history of the internet. The film was so much more in-depth than that. It gave an early shocking prediction of what news on the internet would look like. Surprisingly, it was kind of accurate. Online news truly has taken over the journalism industry. Google and other tech companies have killed the print news industry. There are more people who read the news on electronic devices than watch it or read newspaper. Many companies made the news so much more accessible. People can now find exactly what kind of the news they want and not have to deal with the spectrum of news that comes with newspapers. They can also create their own news. It’s pretty acceptable to not fact check or have any j...
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