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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2010)	2/21/2001 2:11:11 AM
From: Elizabeth Andrews	Read Replies (3) \| Respond to of 74559

This is a fairly narrow view of things. The expenditure on the Internet has not been all that significant as a percentage of GDP. Back when railroads were built, there were no other competing technologies so there was a larger percentage of GDP spent on one technology. This was more risky than the current situation, which has many dollars spent on a diverse set of technologies and that what's different. Schiller has his head up his butt because the Internet, for some inexplicable reason, has got more press than genomics, for example. The Internet will be important and so are highways but they are clearly different. Genomics, however, is far more important to the animal than the Internet or highways, but the Internet allows us to argue about the Internet, genomics, highways and Schiller in real time. Which is more valuable?