(I am in fact a fan of Metcalfe's writing, and he did literally 'eat his words' after that wrong prediction, but this deserves mentionining in the context of a 'new Ethernet'.)
This was around the time Internet traffic doubled in 100 days, a rate that outstripped any possible capacity buildout. Fortunately for the Internet, that rate of demand growth did not continue. http://firstmonday.org/htbin/cgiwrap/bin/ojs/index.php/fm/ar...
http://en.wikipedia.org/wiki/Robert_Metcalfe#Incorrect_predi...
(I am in fact a fan of Metcalfe's writing, and he did literally 'eat his words' after that wrong prediction, but this deserves mentionining in the context of a 'new Ethernet'.)