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Internet life cycle

Henry Blodget op-eds a good business-perspective piece about the Internet's life cycle at the New York Times. I would note that the biz perspective has always been short-sighted and wrong-headed about the nature and significance of the Internet... the same way you leave a lot out if you write about cities/communities from a business perspective, failing to give sufficient weight to noncommercial factors. But I think Blodget gets it right when he says boom and bust phases "should be seen as natural, inevitable bursts of trial-and-error adaptation, the mechanisms through which industries are formed."

posted this at 12:46 PM
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