Krugman said back in the day that the internet wouldn't have a major economical impact... Now Amazon alone is closing down entire malls and businesses all over the world. Maybe we should take his observations on AI and everything technology related with a pinch of salt,(reply>), @Rod Norris the future has entered the chat,(reply>), @13th Loonabecause in 1998 it was nothing more than an email system. No processing power, limited communication, next to no business on it.,(reply>), @Alexander Hurley you act like you can predict the future (gloating in the process) and are angry he didnt predict the future… just let that sink in,(reply>), He also said it would make the world flat.. which it did,(reply>), @Fabio Q P. Krugman 1998, “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s”