Archives
-
New Rules for the New Economy
-
Because the nature of the network economy seeds…
-
In the network economy, ownership is fragmented…
-
Fourth, the Silicon Valley model of compensation…
-
Third, the same type of fine-grained…
-
Second, as the ease and price of transactions drop,…
-
First, the spread of ownership is becoming global,…
-
This network equity is made possible by…
-
Networks promote this equity culture.
-
The sources of capital, which in the industrial age…
-
The network economy will unleash opportunities…
-
Maximize the opportunity cascade.
-
Scout for upside surprises.
-
Why can’t a machine do this?
-
Our minds will at first be bound by old rules
-
“Need” is a loaded word.
-
A dry room with running water,…
-
Needs are neither fixed nor absolute.
-
Faster than the economy can produce…
-
It takes 56 hours of wasting time on the web…
-
Before the World Wide Web there was Dialog.
-
The network economy is destined to be a fount…
-
Opportunities and productivity work hand in hand…
-
At this point we are still in just the third decade…
-
There is no doubt that many past purchases…
-
In the coming era, doing the exactly right…
-
Where humans are most actively engaged…
-
Productivity, however, is exactly the wrong thing…
-
There is more to be gained by producing more…
-
“Don’t solve problems; pursue opportunities.”
-
As the transmission of knowledge accelerates,…
-
Oil paint, keyboard, opera, pen…
-
Long before Beethoven sat before a piano…
-
We can rearrange more than just bits.
-
Every opportunity seized…
-
It is this expanding space of opportunities…
-
It is not money the Great Asymmetry accrues,…
-
The ratchet is the Great Asymmetry…
-
Over the long run, the world’s economy has grown,…
-
Don’t Solve Problems; Seek Opportunities
-
Imagine your customers as employees.
-
All things being equal, choose technology…
-
Connect customers to customers.
-
Make customers as smart as you are.
-
The network economy is founded on technology…
-
At the end of the month I get a privacy statement…
-
We see the first inklings of this trust machinery…
-
One of chief chores in the network economy…
-
Privacy is a type of conversation.
-
The technologies of relationships will not ease…
-
A conversation is a pretty good model…
-
Information shifts toward the peerage of customers…
-
Expertise now resides in fanatical customers.
-
A user group is a peerage of responsibility.
-
And whoever has the smartest customers wins.
-
Letting the customer learn with help from the firm…
-
Good products and services are cocreated:
-
As in other technological evolutions…
-
The beauty of network logic is that the mechanics…
-
Online booksellers such as…
-
The real power of this system…
-
To anticipate what a customer wants.
-
Since a relationship involves two members…
-
To remember what a customer wants.
-
To create what the customer wants.
-
The drive to relate to the consumer intimately,…
-
The premise of mass customization is simple.
-
In the network economy, producing and consuming…
-
Outsiders act as employees,…
-
When you pump your own gas at the filling station…
-
When information is plentiful…
-
The network is a structure…
-
Start with Technology, End with Trust
-
Preserve the core, and let the rest flux.
-
You can’t install complexity.
-
Exploit flux instead of outlawing it.
-
Skate to the edge of chaos.
-
Change in technological systems is becoming…
-
Change comes in various wavelengths.
-
To achieve sustainable innovation…
-
This is where life lives, between the rigid death…
-
The selective flux of innovation…
-
In a poetic sense, the prime goal…
-
Silicon Valley is not far behind.
-
Nowhere is this trend toward constant flux…
-
If the system settles into harmony and equilibrium…
-
When flux is inhibited…
-
But the network economy has moved…
-
Seeking Sustainable Disequilibrium
-
Prepare for flash crowds.
-
The only side a network has is outside.
-
The net shifts from mass media to mess media.
-
The network economy has set into motion…
-
Network logic supports the middle space…
-
It takes a village to make a mall.
-
We see the problem of the unserved middle…
-
The network economy encourages the middle space.
-
Left behind by industrialization…
-
But the big will have a different kind of bigness.
-
Technology has always influenced the size of…
-
All nodes in a network are intermediaries.
-
Everywhere networks go…
-
When Wired magazine began developing…
-
The banking industry was the first…
-
In the marketspace of networks, value flows in webs.
-
The network economy shifts places to spaces.
-
Spaces aren’t bound by proximity.
-
People will inhabit places…
-
Making a Different Kind of Big
-
Searching as a way of life.
-
Question success.
-
Who is in charge of devolution?
-
Send the network out.
-
Don’t mistake a clear view for a short distance.
-
The basic rules of success are eternal:
-
To maximize innovation, maximize the fringes.
-
Because skill guilds constrain…
-
The more successfully integrated…
-
Letting go at the top is not an act against…
-
There can be no expertise in innovation…
-
With or without someone in charge…
-
And the better the company…
-
The harsh news is that “getting stuck…
-
Big and small companies alike…
-
After Success, Devolution
-
Employ Evangelists.
-
Side with the net.
-
Animate it.
-
Apply an embedded standard in a new territory.
-
Don’t invest in Esperanto.
-
Seek the highest common denominator.
-
Maximize the value of the network.
-
MIT economist Paul Krugman has an alternative…
-
The progression by which the old economy…
-
Because information trumps mass, all commerce…
-
And what could be more industrial-age…
-
Bit by bit, the logic of the network…
-
The wholesale migration from mass to bits…
-
The net is moving irreversibly to include…
-
To prosper, feed the web first.
-
The network economy is a meta-country.
-
Eventually technical standards…
-
I was associated with the genesis of the Well,…
-
As more of the economy migrates to intangibles…
-
In the network economy, ever-less energy…
-
For maximum prosperity…
-
The final stage in the life cycle of networks…
-
Networks in the fluid phase…
-
The prestandard phase…
-
In the network economy a firm’s primary focus…
-
As the destiny of firm and web intertwine…
-
Individual allegiance moves away from firms…
-
Members Prosper as the Net Prospers
-
Pinpoint where value is being given out…
-
The ancillary market is the market.
-
Turn off the meter, charge for joining.
-
Anticipate the cheap.
-
Invest in the first copy.
-
Act as if your product or service is free.
-
What can you give away?
-
Releasing incomplete “buggy” products is not…
-
Tens of thousands of software programs…
-
Talk of generosity…
-
But the migration from ad hoc use…
-
Another way to view this effect…
-
The natural question is how companies…
-
If goods and services become more valuable…
-
The task, then, is to create new things…
-
The accelerating expansion of knowledge…
-
Technology creates an opportunity for a demand…
-
Indeed, all items that can be copied…
-
Because prices move inexorably toward the free…
-
Feedback loops saturate networks.
-
Why the Net Rewards Generosity
-
Don’t seek refuge in scarcity.
-
Avoid proprietary systems.
-
Don’t pamper commodities…
-
Maximize the opportunities of others.
-
Touch as many nets as you can.
-
Plentitude will soon reach the level of zillionics.
-
A network is a possibility factory.
-
The law of plentitude is most accurately rendered…
-
The more interconnected a technology is…
-
The power of the fax effect–
-
The abundance upon which the network economy…
-
The value of an invention, company, or technology…
-
Every time a closed system opens…
-
Proprietary, or “closed,” systems were once rare…
-
In the network economy, the more plentiful…
-
Value Flows from Abundance
-
It’s a hits game for everyone.
-
Protect long incubations.
-
Create feedback loops.
-
Coordinate smaller webs.
-
Check for externalities.
-
In the past, an innovation’s momentum…
-
Lower tipping points also mean that the threshold…
-
One more biological insight can be gleaned…
-
Technology has become our culture,…
-
Everyday we see evidence of biological growth…
-
A good definition of a network…
-
During its first 10 years…
-
What can be predicted…
-
The social web, even in the Valley…
-
Mono-sellers are actually desirable…
-
One reason increasing returns and network externalities are garnering attention…
-
In the industrial economy success was self-limiting;
-
An old saying puts it succinctly: Them that’s got shall get.
-
A network’s tendency to explode in value mathematically
-
Self-Reinforcing Success
-
Count on more being different.
-
If you are not in real time, you’re dead.
-
Distribute knowledge.
-
If it is not connected, connect it.
-
If it is not animated, animate it.
-
Move technology to invisibility.
-
The great benefits reaped by the new economy…
-
At present, there is far more to be gained…
-
Without some element of governance from the top…
-
Complete surrender to the bottom is not what embracing swarm is about.
-
Similar thinking has been used…
-
The surest way to smartness…
-
Dumb parts, properly connected into a swarm, yield smart results.
-
When we permit any object to transmit a small amount of data…
-
We are connecting everything to everything.
-
Today the world is populated by 200 million computers.
-
The dynamic of our society,…
-
The net is our future.
-
The Power of Decentralization
-
As the world of chips and glass fibers and wireless waves goes,
-
Our economy is an amalgamation of diverse styles of trade,…
-
As tremendous as the influence of financial inventions have been,…
-
Because communication–which in the end…
-
How ironic that ever since the future has arrived,…
-
The tricks of the intangible trade…
-
This new economy has three distinguishing characteristics:…
-
No one can escape the transforming fire…
Archives - This site operates under a Creative Commons License.