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. However, eToys had more debt than it had assets.
Students also advertise the web as being the technology of the future.
For instance, it's no coincidence that entering freshman at the University of Texas are increasingly starting out as computer science majors. Admission into the Computer Science Department has become increasingly competitive because of the enormous number of applicants. With that question in mind, I asked a fellow classmate why he decided to go into computer science. Hence, the opportunity to make a lot of money via the web and computers has hyped the industry up to unbelievable levels. However, after reading The Victorian Internet , by Tom Standage, I believe that computer science majors, like telegraph operators of the 19 th century, will not be needed.