The Internet Devalues Everything It Touches, Anything That Can Be Digitized

2010 March 31
Posted by Trevor

Written by Tom Foremski

Ever since I first heard about the Internet and then saw its incredible development and application across industries, I’ve been on the look out for the economic effects of this powerful platform technology. The specific economic influence I’ve been looking for is a strong deflationary trend. That’s when we will know when the Internet has truly begun to reach its potential.

Let me explain why.

The Internet is a communications technology that also carries its own computer processing technology. We can deliver computing power to any connected computer platform, pocket or desktop based or otherwise, wired or wireless. We can see this quite clearly today in the Internet based technologies of AJAX and beyond, which offer browser and non-browser based applications delivered over the Internet.

Distributed computing power that is communicated in a two-way medium across the Internet. Take a look at the cloud computing based technologies where applications can be dynamically provisioned across scalable information architectures. While a lot of these technologies still have to go through an adoption process, which is partly cultural, we aren’t too far off from a world where powerful applications can be delivered anywhere, anytime, for little more than the cost of electricity.


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  [via SiliconValleyWatcher.com]

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