Chapter 1. Convergence and the Information Economy
In this chapter…
The development of the Internet-based global telecommunications infrastructure is converging with that of local networks. The distribution and exchange of products and services, a kind of digital commodity, will soon exist in a frictionless, bidirectional, instantaneous environment. This revolution has the potential to redefine the fundamental basis of the world economy.
This opening chapter[1] is a serious attempt to fast-forward five ...
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