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TIME ASIAWEEK ASIANOW TIME


about Asia Buzz

Asia Buzz: Passing Trends
How the Net changed my life
By ERIC ELLIS

December 5, 2000
Web posted at 4:55 p.m. Hong Kong time, 3:55 a.m. EDT


What's the point of the Internet? Pretty dumb question, you might contend. Your response: It's changed our lives. But has it really? Or is it just a fad?

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I was thinking of this, as one does in Bali at the weekend, after spending a frustrating Saturday in otherwise paradisiacal Ubud trying to find 1) an Internet cafe and, 2) one with a connection faster than 14K (thank you for nothing Telkom Indonesia) to check a few e-mails and pay some bills.

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As my fuming wife asked if I "really need to do this," I reflected on what kind of loser I was? Why couldn't it wait until Monday? The electricity will still be connected then. So yes, the Internet has indeed changed my life. It's made me more boring.

But dig deeper. How has the Net changed your life beyond the ability to write letters (which is what e-mail essentially is) and pay a bill before you really should (at the end of the billing cycle)? Sure it's great to read real newspapers when you live in a city like Singapore. But that's only because Singapore doesn't have too many real newspapers.

Britain's Economic and Social Research Council recently examined the Net question -- and found that Net noise is mostly hype and nonsense. Dr Sally Wyatt, the scientist who conducted the study, told London's "Daily Telegraph" that her findings suggested the Internet was not as influential and pervasive as previously predicted. "The claims about the ubiquitous nature of the Internet in the future are grossly exaggerated," she said. "People have a reason for making those claims -- to try to promote the Internet."

The study showed that users were bored and frustrated -- the World Wide Wait -- while many students said they wouldn't pay for access after leaving school.

This is all bad news for people like Richard Li and his followers and investors who have staked their futures, reputations and fortunes on the Internet taking off. Not only are they dealing with share prices as much as 95% off their highs -- and all the bad investment blood that comes with that -- they are also battling that most pernicious of corporate evils, the fickleness of fashion.

I got a note over the weekend from Singapore's alleged Net wunderkind Wong Toon King, who basically apologized for the hype that surrounded his company SilkRoute Holdings last year. He also assured me that he was building a long- term, viable business -- and that the Net was not a passing trend. His optimism is to be commended, but it will take more than that.

Far from changing people's lives, the British study found that millions of people were simply logging off. And if my favorite little Net cafe in Ubud is any example, there's another ten people who ain't logging on from various parts of the global village like they were this time last year. Then, I couldn't get a seat in front of a creaking box cranking out e-mails at 28.8K, let alone just five minutes on-line. I had to wait, peg on nose, for all the Rastas, freakers and dopeheads to send teary missives back to Dusseldorf, Peoria, Illinois and Chiba Prefecture. (Or were they day-trading Softbank shares on their E*Trade account?)

This year, Desa, who runs the cybercafe on 115K dial-ups at Jalan Raya Ubud, was even offering me a discount to stay on-line, despite the stern look of my wife. Maybe the tourists have dropped off. I don't think the Rastas bought laptops on their broking account, not in this market. Or maybe, just maybe, the Net is yesterday's fashion statement.

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