Bill Gates himself almost completely dismissed the Web only a couple of years earlier in his book "The Road Ahead"[0], to such an extent that he had to heavily update it in the second edition one year later.
With that in perspective, is it really surprising to see non-specialists like Krugman still considering it a novelty in 1998, before Google, e-commerce, e-booking, etc?
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Bill Gates himself almost completely dismissed the Web only a couple of years earlier in his book "The Road Ahead"[0], to such an extent that he had to heavily update it in the second edition one year later. With that in perspective, is it really surprising to see non-specialists like Krugman still considering it a novelty in 1998, before Google, e-commerce, e-booking, etc?
[0] https://en.wikipedia.org/wiki/The_Road_Ahead_%28Bill_Gates_b...