- Moores Law:
Computing Power Doubles every 18 months (or it costs drops by 50%)
- Gilders Law:
Total Bandwidth tripples every 13 months
- Metcalf's Law:
The value of a network is the square of the number of it's users.
- Ronald Coase in 1937:
The Modern Industrial Organization is a result of Market Inefficiencies. They reduce the trnasaction cost of repeated and complicated activities involved in creating, selling, and distributing goods and services. (It's cheaper to do it in-house rather than on the open market!)
- Law of Dimminishing Firms: As transaction costs in the open market approach zero, do does the size of the firm.
- Law of Disruption:
As Social Systems improve Incrementally, Technology improves Exponentially.
(Todays Digital Revolution generates considerable stress as it interacts with systems that are slower to change.)
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