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Idea Economy 2011. Harry Lewis School of Engineering and Applied Sciences Harvard University. The Digital Explosion. Exponential increase in communications speed storage capacity computing speed . The Digital Explosion. Exponential increase in communications speed storage capacity
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Idea Economy 2011 Harry Lewis School of Engineering and Applied Sciences Harvard University
The Digital Explosion • Exponential increase in • communications speed • storage capacity • computing speed
The Digital Explosion • Exponential increase in • communications speed • storage capacity • computing speed • Exponential decrease in barriers to entry
John Perry Barlow (1993)The Economy of Ideas • One didn't get paid for ideas, but for the ability to deliver them into reality. For all practical purposes, the value was in the conveyance and not in the thought conveyed. • In other words, the bottle was protected, not the wine. • Now, as information enters cyberspace, the native home of Mind, these bottles are vanishing. With the advent of digitization, it is now possible to replace all previous information storage forms with one metabottle: complex and highly liquid patterns of ones and zeros.
Harvard Club of Boston NY Review of Books 10/28/2010
“a gigantic digital library that would make the cultural heritage of the country available to everyone”
Land of e-Publishing Opportunity? • No tax on foreign profits • Good telecommunications infrastructure • Good computing infrastructure • Expertise on legal aspects of global financial transactions • Access to important markets • Educated workforce skilled in both • Technology and • Business