The internet didn't become a waning novelty, and things aren't even close to comparabley bad as they were in the depression, I'd say. But still an interesting comparison.
the internet is waning in terms of novelty. People are finding their "main sites" now that the internet has been around for so long, and explore it less and less. A few years ago mark cuban (of all people) on his blog made a great point about what happens with major breakthoughs (radio, cars, tv, internet) that reshape commerce/lifestyles, and the internet is falling into that exact category.
And id argue that things were much worse because the car was a bigger invention that caused an even more unsustainable growth. Thus, there was a bigger fall from grace when the market was finally correcting itself.
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Currently playing: SC2, Civ 5
Next up: eh ; Awaiting: meh