“Any new technology tends to go through a 25-year adoption cycle.”
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And once you get instantaneous communication with everybody, you have economic activity that's far more advanced, far more liquid, far more distributed than ever before.
Around '93, '94, the conventional wisdom about the Internet was that it was a toy for academics and researchers. So it was very, very underestimated for about two years.
Ten to 20 years out, driving your car will be viewed as equivalently immoral as smoking cigarettes around other people is today.
These days, you have the option of staying home, blogging in your underwear, and not having your words mangled. I think I like the direction things are headed.