At 7:20 pm -0400 on 4/13/97, Timothy C. May wrote:
Hettinga's paraphrase of Gilmore's Law:
"A geodesic economy sees monopoly as damage and routes around it."
But generally not accurate. The Hettinga version, not the Gilmore version.
Utterly inaccurate. We don't have a geodesic economy. Yet. :-).
If one defines monopoly in the sense apparently intended here, meaning that Microsoft, Intel, and Cisco are "monopolies" (each has about a consistent 70-80% market share in their primary markets), there is very little real evidence that a "geodesic economy" (whatever _that_ is) treats these monopolies as damage and routes around them.
There is very little evidence for "geodesic economies", in general. "Geodesic markets", like "Crypto Anarchy", or the "Information Superhighway", is just a handy hypothetical folks people made up for entertainment some boring afternoon. :-). As to whether Wintel (not now, but soon) and Cisco (probably not ever) are monopolies, and as to whether that will matter, I'll leave that as an exercise for the reader. No, Virginia, I don't believe in path dependence, either. Monoculture, however, happens every once in a while, particularly in markets mapped to industrial communications hierarchies. BillG is probably the last tycoon, in that regard.
There are much better models for why such monopolies eventually reach certain limits, or face new competitors, or otherwise decline.
Seeing as there no models for things like "Crypto Anarchy", or "Geodesic Markets", which have no data yet to model, the above comment is tautologous. Doesn't seem to stop either one of us from making prognostications about them, however...
Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets, Higher Power: 2^1398269 | black markets, collapse of governments. "National borders aren't even speed bumps on the information superhighway."
"Market controls, including monopolistic practices, aren't even rent-a-cops in a geodesic marketplace." Whatever *that* means. ;-). Cheers, Bob Hettinga ----------------- Robert Hettinga (rah@shipwright.com), Philodox e$, 44 Farquhar Street, Boston, MA 02131 USA Lesley Stahl: "You mean *anyone* can set up a web site and compete with the New York Times?" Andrew Kantor: "Yes." Stahl: "Isn't that dangerous?" The e$ Home Page: http://www.shipwright.com/