Yes, but very few of the companies that was used to promote are still here or relevant. You can be right about the global trend but wrong about individual companies.
For example, in 1999 I bought food & other goods by delivery to my office and worked with companies selling online, using my handheld computer with a fast wireless connection. Clearly those were ultimately successful ideas, but that didn’t mean that investors in Kozmo, Pets.com, Ricochet, or Handspring got rich.
The thing being useful in the long term does not mean that any valuation is right, or that any business model involving the thing makes sense. These are different things.
The internet is not the web and the dot com bubble was not the internet, it was the web. Are you too young to remember any of this or just getting it wrong. The interent was always going to find uses and already had before the web and the dot com bubble so saying "the internet's great" isn't relevant.
For example, in 1999 I bought food & other goods by delivery to my office and worked with companies selling online, using my handheld computer with a fast wireless connection. Clearly those were ultimately successful ideas, but that didn’t mean that investors in Kozmo, Pets.com, Ricochet, or Handspring got rich.