A Quote by Paul Krugman
The growth of the Internet will slow drastically, as the flaw in 'Metcalfe's law'–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.
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You have 1 billion people using the Internet with 200 million of those now using broadband internet connections, so the Internet has become a powerful network. It can carry calls.
If the 1,990-page House Health Care Bill becomes law, the average American will receive worse health care, American physicians will decline in status and income, American medical innovation will dramatically slow down and pharmaceutical discoveries will decline in number and quality. And, of course, the economy of the United States will deteriorate, perhaps permanently.
Who ever knows what will happen with the economy, and will it affect the Internet? There's so much pouring into the Internet; I would doubt it, but I'm not the greatest predictor. But more than any media sector, I think the Internet will hold up.
Shockingly, a University of Pennsylvania study says the number of young people addicted to gambling - largely due to increased exposure to the Internet and Internet gambling - grew by an alarming 20 percent between 2004 and 2005 alone.
Many people believe that the grains of sand are infinite in multitude ... Others think that although their number is not without limit, no number can ever be named which will be greater than the number of grains of sand. But I shall try to prove to you that among the numbers which I have named there are those which exceed the number of grains in a heap of sand the size not only of the earth, but even of the universe
The Internet is the number one reason people buy PCs, and the number one use of PCs is on the Internet from our customer base.
We are having Internet Governance discussions and meetings and a very large number of people are discussing the future of the Internet who have no clue as to what the Internet is except that it is important and that they have to be involved.
The film of tomorrow will resemble the person who made it, and the number of spectators will be proportional to the number of friends the director has.
Law Number V: One-tenth of the participants produce over one-third of the output. Increasing the number of participants merely reduces the average output.
Here is one iron law of the Internet: a social network's emphasis on monetizing its product is directly proportional to its users' loss of privacy.
The Internet is a giant international network of intelligent, informed computer enthusiasts, by which I mean, "people without lives." We don't care. We have each other.... While you are destroying your mind watching the worthless, brain-rotting drivel on TV, we on the Internet are exchanging, freely and openly, the most settings, uninhibited, intimate and, yes, shocking details about our "CONFIG.SYS."
The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.
The CEO of AT&T told an interviewer back in 2005 that he wanted to introduce a new business model to the Internet: charging companies like Google and Yahoo! to reliably reach Internet users on the AT&T network.
The rate of growth of the management skills of any country is inversely proportional to the number of MBAs. Germany produces no MBAs, but America used to produce MBAs by the millions, and you saw the German economy, until at least the '90s, was certainly more efficient than the American economy.
Along with this rapid growth of forms of communication at our disposal - be it fax, phone, email, internet or whatever - human solitude will increase in direct proportion.
Loneliness is different than isolation and solitude. Loneliness is a subjective feeling where the connections we need are greater than the connections we have. In the gap, we experience loneliness. It's distinct from the objective state of isolation, which is determined by the number of people around you.
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