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Technology Stocks : George Gilder - Forbes ASAP
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To: carranza2 who wrote (5678)6/28/2001 6:47:52 PM
From: rainwater  Read Replies (1) of 5853
 
Deja vu?.. where did I read such illiogical deduction before?.. surely history must teach us to think outside the box.

>>So, the $35 billion spent in recent years laying optical fibre may be a good long-term investment. Little comfort >>to the firms that paid for it, many of which are unlikely still to be around if it is put to full use. But for the >>engineers working to squeeze ever more down each fibre, the new result proves that, even if the sky is not the >>limit, the ceiling is very far away"

Sometime (sorry not long ago) someone important wrote that 7 mainframe computers were all that would be needed for global computation. Guess that someone made a VERRRRRRY big error in deducing the nature of that growth. Shouldn't have expected economist to do anything better.

The article is fine - nothing new there. I found the deduction quite off the mark. I don't think putting gazillion bps on one fibre does anything than speeding up one processor to 1 zillion MHz would do for anyone... Its the vast swamp of humanity wanting to get their own private access to download movies, in their summer home, in their dens.... to play games with their friends... that's what's going to make a single fiber analogy look ridiculous.

Give Gilder his due - if you are going to publish this here... the "ceiling" is HERE RIGHT NOW and it is NOT capacity... it's CONNECTIVITY & OPEN NAVIGABILITY.
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