The same assumptions were made, the same students were getting educated and the same companies were making these proclamations. Furthermore, when comparing the two inventions, one will notice that they have had the same militaristic foundations. Encryption and ciphering methods for securing messages is not something that was designed for specifically for the web. Previously, telegraphs had the same security measures. Also, the telegraph, like the web has done today, has given employees the opportunity to work from their homes.
History does repeat itself.
With that in mind, I believe the hype of the web is just that. The web has been hyped in many ways by people who consider it to be both stable and ever-growing. Businesses have been the most excessive promoters of web hype. An example of this promotion was the dot-com stock flops in the early months of 2001. Etoys was a company that was hyped by analysts at the reputable investment firm Goldman Sachs as being an e-commerce pioneer that had potential.