The *NEW* Frank Coluccio Technology Forum Message Board

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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (7500)	7/2/2004 3:48:05 PM
From: axial	Read Replies (1) of 46821

Hi Frank - Thanks for that paper. What I think is implicit in comments about The Tragedy of The Commons and spectrum, is that even if novelty (presently-low adoption) and technology (ie., innovative and efficient usage) straight-arms scarcity for a while, at some point "free" spectrum will be over-saturated. It's just a question of time. Not to trivialize the matter, but this millenium is the one where we begin to grapple with the presence - not the possibility - of all kinds of Malthusian realities. Introduction of transaction costs, metering, or some other market mechanism - seems inevitable if presently "free" spectrum is to be usable, in future. But the resource - relatively unused spectrum - was there, and the market decided to use it. There was no justification for not doing so (said with an eye to re-apportioning spectrum as a whole). Technology will assist in exploiting the resource, and in using it efficiently. In the end, the resource will have to be managed. What surprises me about The New Millenium is how much faster the future began to arrive.>g< Jim

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