The Verge has an interesting article, Facebook is the new AOL, that discusses how the tech industry of the 1990s is back.
The 90s were a decade of excess and mistakes and excessive mistakes. The rollicking good times of the 90s ended with the dot-com collapse of the early 2000s, the memories of which continue to shape the industry today.
So it’s worth noting that the broad outlines of tech in 2015 look surprisingly like the late 90s. The major players are set up the same, the fights are the same, and the mistakes will almost certainly be the same…
2015 will be defined by the Revenge of 90s Internet: media and tech giants flirting with each other, dominant players throwing their weight around, and portals, portals everywhere.
The article does a good job of comparing the major tech giants today with the ones of yesteryear. Facebook as AOL. Apple as Sony, Qualcomm as Intel and Google as Microsoft. The two that really hit the nail on the head for me are Apple as Sony and Google as Microsoft. That being said, some of these comparisons may just be skin deep. I think companies like Apple and Facebook are in much better positions than there predecessors. Perhaps that’s the point of the article. The companies of the ’90s could do no wrong and no one saw the downfall that would be not far off.