Wednesday, February 25, 2009

Information Economies of the Future

We live during the end of an era. The policies of unfettered capitalism combined with the mass market are no longer meeting the needs of the world. Or rather, we can no longer afford to have those needs.

(Rising energy prices for mass shipping, separation of markets, natural distrust of large corporations, more saving less spending)

However, new technological achievements, such as universal broadband enable the possibility of building an information economy in which more trade and commerce occur online. This will fundamentally change the market because as opposed to homogenizing products with mass market super-stores, the small businesses, with consumer/vendor relationships will grow instead. The is the possibility that the local business of the past, which occurred in small town shops, will be replaced by a future in a which those small shops sit online, and have international reach.

Things just might get interesting.

No comments:

Post a Comment