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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (16575)3/8/2002 5:17:48 AM
From: elmatador  Read Replies (1) of 74559
 
TM and AC: To gauge the impact of inventions we should split into two camps:
1) Inventions that are taken, pushed and championed by government: small pox and other vaccinations. Or the atomic bomb.

2) Inventions or technologies that are spanners in governments' machinery as the Internet. Governments live off our money via taxes. The Internet has a big potential of disturbing the way governments get a cut of transactions. Hence this is not going to be a technology that governments pushes and champions.

Government officials talking about 'digital divide', tech haves and tech have nots is just politics as usual. But the true remains, there is a potential envisaged by people in general. And then there's the time it will take to realize its potential due to have to drive it with the hand brake government pulled up.
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