Let me begin by asking about this term “the information age”, which is bandied about as the successor, I suppose, to the industrial age. What precisely does it mean? I’m not sure it means anything precisely. It’s a term we use in a vague fashion to get across that information has become in many ways the most important commodity in society.
Christine Smallwood imagines the place where we live, in a freshly re-uploaded essay from The Baffler’s archives. The magazine has just re-launched; you can order issue 19 at The Baffler , and help fund its future on Kickstarter .
Don't assume 3D printers are just for nerds who want to make customized chess pieces and spare parts for their model spaceships. Entire pieces of furniture, customized prosthetic limbs , and jewelry have come out of 3D printers. Office workers might also appreciate the following possible uses for a basic 3D printer, like the new MakerBot Replicator , which starts at $1,749. And not just for paper clips.
What that means is that the established value of Twitter has to be based on the value it brings its users, but not necessarily its advertisers yet. That would suggest that the users may have to pay something for it to ever reach its valuation, at least until the advertising world figures out how to monetize that audience. The five-year-old Twitter has 200 million registered users. While it is possible that many, if not most, people might be willing to spend a small amount of money each to be part of the Twitter universe, that is still a huge step that few internet businesses have been willing to take. Where does that leave the valuation of Twitter? The answer today is in the form of another question: “To whom?”.
SOPA and PIPA are stalled (or dead) in the halls of the U.S. Congress. Yet, there may be a bigger, perhaps more dangerous threat to Internet freedoms on the way, called the Anti-Counterfeiting Trade Agreement, or ACTA. At least that's how U.S. Rep. Darrell Issa, R. - Calif., sees it, telling an audience, "As a member of Congress, it's more dangerous than SOPA.
14.27 Economics and E-commerce | Calendar Stigler, George J. "The Theory of Economic Regulation."; Coase, Ronald.
Here is a new and free course to come out of a Stanford University program that (full disclosure) I help organize. It’s called The Future of the Internet: Architecture and Policy ( iTunes ) , and it’s taught by Ramesh Johari . The course, designed for non-techies, gets into the important question of whether the internet will remain “neutral” and freely available to you and me.
Professor Glenn Ellison, who received his Ph.D. from the MIT economics department in 1992, taught at Harvard for two years before joining the MIT faculty in 1994. He has made fundamental contributions in several subfields of economics. Ellison is internationally recognized for his theoretical analysis of learning in games.
Graham Allison Robert D. Blackwill When Lee Kuan Yew speaks, presidents, prime ministers, diplomats, and CEOs listen. Lee, the founding father of modern Singapore and its prime minister from 1959 to 1990, has honed his wisdom during more than fifty years on the world stage. Almost single-handedly responsible for transforming... Illah Reza Nourbakhsh With robots, we are inventing a new species that is part material and part digital.