Half full

Jeremy Allaire: "I’m more optimistic about opportunities for innovation and growth than I was in the early 1990s when the commercial Internet entered its first generation."

I agree. For me, it’s like walking into a beautifully decorated room, only to find, after a while, that the furniture you admired is actually somewhat tacky and cheap. But then you notice a door at the other end of the room. Opening it, you find a whole house to explore.

I remember thinking in early 1995 that the great Internet business opportunities had been occupied. I was spectacularly wrong. Yet that makes me more optimistic today. With the past decade of perspective, I can see now how much room for innovation remains. Recognizing how long it always takes for technological seachanges to reach their maturity, I know how much opportunity stretches in front of us.

By the way, that’s one reason I’m so committed to spectrum policy reform. It’s today’s Marshall Plan, Manhattan Project, or ARPANet: a five-year exercise that could shape the environment for the next fifty years.