A thought about the dotcom crash

I just realized that the market was not wrong about the technology in the IT hype in the 90s. The market was wrong about the consumers and their behavior. Maybe this is not new to others, but I just realized it.

The technology had all the potential that the market thought it had. It was just that the consumers were not ready to consume it. And a little bit a lack on the hardware side where e.g. phones were not smart phones.