Remember the days when people hardly knew what the internet was or could even do? Where people thought that it was useless technology because something had already existed that filled the internets purpose in their mind? Remember the good old days before social media? Well, this clip from the Tonight Show in 1995 where Bill Gates explains the internet sounds a lot like a Bitcoin discussion today.
It’s so eerily similar. The part I love the most from this piece of nostalgia is when Bill Gates says that you will be able to listen to a baseball game’s commentary on your computer to which Letterman replied that you could already do that on the radio of all things!
It’s so true. Whenever a new piece of technology comes to market it brings out the naysayers and it’s pretty funny to look back on and think how wrong they were. It wasn’t long ago when people used to look down upon people making YouTube videos for instance, now it’s pretty much upended Hollywood. What about social media for example, most would have thought back in 2005 that it would be pointless as you could just see your friends in real life, well look at us now, very much introverted (in all fairness the pandemic hasn’t helped).
One day in twenty or so years, a lot people will look back on the teen years and think how could they not see the value in something that hedges against inflation so well. Unfortunately for many of us, in the same breath we will be more than likely dismissing whatever technology is new and hard to understand. It’s very much a human trait.
While writing this article I came across this picture of David Letterman and Bill Gates and it really does make you wonder where the time goes.