Reaction: Innovation and the Internet
Industries mature, of course. That they do so shouldn’t be surprising to anyone who’s watched the world for very long. The question is — do they mature in a way that places a few players at the “top,” leaving the rest to innovate along the edges? Or do they leave broad swaths of open space in which many players can compete and innovate? Through most of human history, the answer has been the first: industries, in the modern age, tend to ossify into a form where a few small players control most of the market, leaving the smaller players to innovate along the edges. When the major impetus in building a new company is to “get bought,” and the most common way for larger companies to innovate is by buying smaller companies (or doing “spin ins”), then you’ve reached a general point of stability that isn’t likely to change much.
Is the networking industry entering this “innovation free zone?” Or will the networking industry always be a market with more churn, and more innovation? There are signs in both directions.
For instance, there’s the idea that once technology reaches a certain level of capability, there’s just no reason for Continue reading
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