Jeff Bezos: The electricity metaphor for the web's future

The video discusses the resilience of technology, comparing the Internet boom to the Gold Rush. It highlights the similarities and differences between these events, emphasizing the hype and eventual bust. The speaker then draws an analogy with the electric industry, suggesting that the Internet is still in its early stages, similar to the early days of electricity. The potential for future innovation is vast, and the current state of the Internet is likened to the primitive stage of early appliances.

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