E-Commerce Promised the World. Are We Happy With Our Purchase? [The New York Times]
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Source: The New York Times
Opinion | E-Commerce Promised the World. Are We Happy With Our Purchase? - The New York Times “Why would anyone want to buy anything online?” This was the question that Guy Haskin Fernald, at the time an undergraduate student in computer at Swarthmore, remembers hearing when he began work on one of the ’s first e-commerce websites, NetMarket, in 1994. It sounds ridiculous today, but at that time, only academics and geeks used the internet; the rest of us did not — and we shopped at the mall. Mr. Fernald’s question was answered 25 years ago on Sunday, after he helped open NetMarket and what is widely considered the ’s first secure e-transaction took place. Why that transaction happened at that moment — not before or after — is as much about nological progress as it is about and in the early 1990s. If that first transaction portended a new of commerce, it was also constrained by the blinders of 1994. The mid-90s were a heady time. The internet, with all its promise, was just emergin
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