Broadband on its own is obviously not sufficient to improve a nation's productivity. Rather, the critical question is what do you do with broadband?
The US probably has the greatest "creating for the Internet" culture, as opposed to a culture based around "consuming on the Internet".
Japan, Korea, parts of Europe, even in some emerging countries have very sophisticated cultures based around consuming Internet content, but not as much as using the Internet as an innovation tool. Because of that, they do not enjoy the same sort of productivity gains as the US.
Tech.view | The broadband myth | Economist.com
Tuesday, May 27, 2008
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