>Metcalfe offered several reasons for the collapse. For example, he believed that the internet’s crucial data links would be overloaded, and the “naïve flat-rate business model is incapable of financing the new capacity it would need to serve continued growth”. He contended that investor’s would be unwilling to “absorb projected continuing losses”. He thought that “another series of major security breaches will drive the rest of the productive Internet to safety and out of reach.” Yet, he was incorrect, and internet continued to grow exponentially in 1996.

[1]https://quoteinvestigator.com/2020/03/09/collapse/?amp=1