Bill Gates made some bold predictions for the internet 20 years ago - here's what he got right
At the time, only about 1% of the world was online, connection speeds were painfully slow, and there were relatively few websites to choose from. The big modern web staples like YouTube and Facebook didn't exist, and media organizations (like this one) built to serve only digital consumers were unheard of.Still, the man who helped lead the personal computer revolution could see something bigger on the horizon. In his essay, he predicted everything from the death of print media to the rise in user-generated content sites like Reddit.
Content created for the internet would be just as big a money-maker as TV.
A big part of the internet would be user-generated content sites like YouTube and Reddit.Advertisement
The internet would give small companies a level playing-field against much larger competitors.
Gates foresaw the death of print media.Advertisement
News usually meant for a local audience would go global.
He also predicted technology for "pay walls" to help sites monetize would begin to appear within a year.Advertisement
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