Friday, January 5, 2007

Quote of the day

Anyone considering a new technology should at least ask the question: What are the long term consequences if this advance reduces costs to zero, or increases access so that everyone with a desire to do so, can use the technology? That might seem to be a giant 'societal' question of value only to economists and city planners, but it has applications closer to home. Any technology which creates abundance poses problems for any process which existed to benefit from scarcity.

From The problem with abundance By Peter de Jager

No comments: