Taylor Lorenz's Newsletter β’ 3791 implied HN points β’ 07 Jan 25
- The dot-com bubble created a frenzy of investment in tech companies, making many people, like Uncle Paul, very wealthy. This time saw the rise of big names like Amazon and eBay, which changed how we shop.
- The excitement of the early internet promised a bright future where anyone could succeed, but the reality was that only a few became rich. Most people couldn't keep up with the fast changes and competition.
- The aftermath of the dot-com bubble led to many losses and a stark realization: wealth isn't guaranteed for everyone. Technology reshaped society, but it also introduced new issues like homelessness and inequality in places like California.