March 1, 2010

Why Newsweek Fails

This is worth a laugh or two.....Newsweek in 1995 - Why the Internet Will Fail

This excerpt gives you the flavor...

We’re promised instant catalog shopping–just point and click for great deals. We’ll order airline tickets over the network, make restaurant reservations and negotiate sales contracts. Stores will become obselete. So how come my local mall does more business in an afternoon than the entire Internet handles in a month? Even if there were a trustworthy way to send money over the Internet–which there isn’t–the network is missing a most essential ingredient of capitalism: salespeople.

Yeah...that's one thing I really miss while I'm doing my shopping online.....salespeople.

Posted by dan at March 1, 2010 7:05 PM