THE Information Age was founded upon what one might call a fundamental error – the exchange of terms in an economic model that would lead us to a post-scarcity economy in which the traditional laws of economics no longer applied. It is the kind of...
Tag: Net 2.0
UNIVERSAL SERVICE: ADSL and the story of industrial-strength greed
IN THE beginning, the so-called dot-com economy was based upon the notion of a frictionless environment i.e. the internet. The idea was the massive savings created by reducing distances and communicating easily across the planet would be passed onto the consumer and everybody would win. Then alon...
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