
1
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So, if you're a stockholder of Amazon, I
think you're in good shape, because he's a

2
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bright fellow and he's always looking for
how to really do the right thing and, you

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know, give us products that we really
like.

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Now, in this, we sort of evolve the modern
internet.

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And, and much like Jeff.
Jeff said that investment was growing at

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3,000% a year or something like that.
There was this mania in '96, '97, '98,

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where people just bought, and bought, and
bought.

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And the notion that communications was
going to be so valuable led to, in a

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sense, an overbuilding of the fiber optic
plant.

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We have a massive amount of fiber optic in
the ground right now.

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And our ability to send more data through
the existing fibers by just upgrading the

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equipment at the two ends, that's growing
very rapidly as well.

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And so we're in this really weird world
now, where a fiber optic between Ann Arbor

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and Chicago, 180 miles, is not that much
more expensive that a piece of copper wire

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that goes 30 miles, in 1960.
And so distance is less and less important

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on the Internet.
That's why long distance phone calls don't

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cost any money anymore, because long
distance and local are not that different

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because there's so much fiber in the
ground.

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But just one thing I want you to think
about and wonder about is, will we run

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out?
The, we are living off of the overbuilding

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that happened in the late 1990's, when
they put so much in, and they've been able

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to upgrade it so effectively, but we might
run out.

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And where will the money come from to dig
the next set of trenches to put the next

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round of fiber in?
We'll have to see.

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So if we take a quick look at, this is a
graph of the growth of the, of the servers

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on the World Wide Web, and if you take a
look, we start in, 1990 with one web

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server, December, 1990 with Tim Bernersley
having one web server.

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And then it sort of doesn't grow, and then
you sort of see kind of like this take off

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in last 2 years last late 2 years of the
1990's we you go up to about you know 20

30
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to 30 million you know from what, I don't
know, 1996 is 200 less than a quarter to

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million dollars and does require a million
hosts.

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You see the kind of the crash.
The boom, and the crash, where it wasn't

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growing.
And then you sort of see another new

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graph, which is really, this is when
everybody had to be on the internet.

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Every little store started being on the
internet.

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Every web, one had to be a web server.
This was kind of the big ones coming on.

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And this was sort of like the flame out of
the exuberant growth of the late 90's.

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And this exuberant growth gets so
exuberant that it really changes the stock

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00:02:53,258 --> 00:02:58,630
market, in the United States and the rest
of the world, to the point where, you know

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from the early 90's to 2000 was the
longest period of expansion.

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00:03:02,976 --> 00:03:08,460
And there's a lot of factors for this, but
one of the factors is, as we began to use

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communication and computation to make
commerce more efficient, that triggered a

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great deal of growth.
It also triggered over-speculation, right?

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00:03:19,151 --> 00:03:25,618
And so the kind of, the, this part here,
the crash, the dot com crash, was a bit of

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00:03:25,618 --> 00:03:30,585
the over-speculation working its way out.
Probably if, you know, if they hadn't

46
00:03:30,585 --> 00:03:34,072
over-speculated it, it would go like this
instead, but it can't be like that.

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00:03:34,072 --> 00:03:37,982
You go crazy, crazy, crazy, crazy, crazy,
oops, oops, oops, oops, oops.

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And then we sort of had a crappy economy
for a while after that.

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But again, the web, an the Internet, and
all the technology that I just talked

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00:03:46,531 --> 00:03:51,318
about really put a stamp on the entire
world's economy in the 1990's.

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00:03:51,318 --> 00:03:55,631
So, I could go on and on and on and on
about this stuff.

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Open source is a big part of this.
I will put links up for these videos that

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I've got.
These are three open source luminaries

54
00:04:06,452 --> 00:04:11,492
that I've interviewed.
Richard Stallman is the Free Software

55
00:04:11,492 --> 00:04:17,708
Foundation, the GNU, which is much of Unix
utilities are written this way, compilers

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00:04:17,708 --> 00:04:22,366
are written this way.
He is a, tremendous advocate for open

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source software.
Also we meet Brian Ballendorf, from the

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Apache Foundation.
And the Apache Foundation was formed based

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on the web server that was created at
NCSA, became the first web server, that

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was the Apache web server.
So that lineage goes all the way back to

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Joseph Hardin and the team at NCSA.
And then Rasmus Lerdorf is the inventor of

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PHP, and one of the many very popular web
programming languages for building web

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sites.
And so I'll put the links up for these and

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you can take a look at them.
But they're not required for the course.

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00:04:56,077 --> 00:05:01,513
And up next we're going to start digging
into how this all works rather than what

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it is, how it came to be.
So we're going to talk about what it is

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00:05:05,492 --> 00:05:09,822
rather than how it came to be.
And so, thank you for your time so far,

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and I look forward to seeing you at the
next lecture.
