Shawn Fanning Quotes


So the bandwidth issue is definitely a big concern of ours.


Citations

Fanning, Shawn. Quoted in Joseph Menn, All the Rave: The Rise and Fall of Shawn Fanning's Napster, Crown Business, 2003.

Related Quotes

This is a classic attempt to argue against a technical proposed policy that the Senator did not understand. While most of the new digital companies favored net neutrality, the telephone companies opposed it as they wanted to be able to discriminate among customers in providing Internet access. One of the telephone companies had obtained Steven’s support for the anti Net Neutrality position. They must have explained some technical reasons to him, and this speech was his understanding of the concept. To those who know something technical about the Internet and digital transmission, this is so crude and wrong that it is humorous.


A startlingly bad prediction by a Nobel-prize winning economist particularly given it was stated in 1998 rather than a much earlier date when the potential of the Internet wasn’t already apparent. Ironically, the quote is from a Red Herring article he wrote titled “Why Most Economists’ Predictions Are Wrong” in which he asserts that most economists predictions are wrong because they overestimate the impact of future technologies. This quote is part of a longer, equally incorrect quote: “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.” See related quotes.


Shawn Fanning
Shawn Fanning
  • Born: November 22, 1980
  • Nationality: American
  • Profession: Computer Programmer, Entrepreneur, Angel Investor

Shawn Fanning is an American computer programmer, entrepreneur, and angel investor. He developed Napster, one of the first popular peer-to-peer ("P2P") file sharing platforms, in 1999. The popularity of Napster was widespread and Fanning was featured on the cover of Time magazine.