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.
  
  

