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waves of internet commerce

Each wave of Internet commerce “solves” a particular social issues related to computing:

  • 1980s: PC computing – how to get everyone a machine
  • 1990s: The email/Internet revolution – how to get everyone hooked up into the system
  • 1990s (late): The Amazon/Ebay/PayPal eruption – how to solve the issue of exchanging physical goods using the Internet
  • 1990s (late): The indexing revolution – how to help people quickly find information.
  • 2000s: Social networking – how to build systems of tailor made communication
  • 2000s (mid): Mobile devices – how to make computing mobile

So what is the 2010s about? My guess is that we’re in the middle of Internet as commodity monetizer. AirBnB turns extra rooms into lodging, Uber turns cars into transport for hire, and so forth. Interesting observation: Apple and Google are the only firms to successfully participate in two waves.

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Written by fabiorojas

November 3, 2014 at 12:22 am

Posted in fabio, mere empirics

3 Responses

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  1. Reblogged this on Utopia – you are standing in it! and commented:
    A very nice summary

    Liked by 1 person

    Jim Rose

    November 3, 2014 at 1:17 am

  2. I’d posit it’s about Crowds…as you somewhat allude to…see here for pertinent research:
    http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=1919614

    Like

    TK

    November 3, 2014 at 1:47 am

  3. Thanks for the note, TK. Crowds is definitely what ties a lot of internet commerce together right now.

    Like

    fabiorojas

    November 3, 2014 at 8:21 pm


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