The era of public-access Internet has come to an end.
Predictor: Rossetto, Louis
Prediction, in context:In his 2003 book about Wired magazine, “Wired: A Romance,” former Wired staffer Gary Wolf quotes a statement made by publisher Louis Rossetto in a rocky period just after the spin-off site HotWired was started in 1995. Rossetto had seen the need for Internet businesses to find a way to pay for workers and overhead. Wolf writes: ”Soon after the launch, both Howard Rheingold and Jonathan Steuer resigned. Facing the outside world as a staunch revolutionary, Louis Rossetto had shown the Internet idealists the other side of his nature. ‘The era of public-access Internet has come to an end,’ he said.”
Biography:Louis Rossetto was the CEO and co-founder of Wired Ventures Inc. in the 1990s. He was the founding publisher and editor of Wired magazine and its online spin-off, HotWired. Wired magazine incredibly influential from its beginning in 1993, illuminating for a large audience, the most important issues of the Internet age. (Entrepreneur/Business Leader.)
Date of prediction: January 1, 1994
Topic of prediction: Economic structures
Subtopic: General
Name of publication: Wired: A Romance
Title, headline, chapter name: Chapter 7: The Grotto
Quote Type: Direct quote
Page number or URL of document at time of study:
Page 113
This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney