It is time for the annual review of the past year in digital economics. As in prior years, this review will resemble an awards ceremony. And there are so many events deserving of recognition -- hackers at Equifax, Russian ads at Facebook, #metoo on Twitter, an implosion at Uber, and a bubble at Bitcoin, to …
The Hush Hush Norm
Mainstream writers do not discuss online sex and porn for fear of touching unseen landmines that offend readers. It is part of a phenomenon that I call the hush-hush norm. There are permeable boundaries between rebellious and mainstream hackers, and between porn and mainstream content providers. Yet, the mainstream press discusses all of it as …
Insider Privileges
Prairie Home Companion begins with a mischievous maxim that all children in Lake Wobegon are above average. The equivalent adage in Silicon Valley goes like this: Every insider acts like an outsider. This adage reflects mythology as well as savvy public relations. The largest technology firms possess names recognized in most households, and they perceive …
The Value of Free in GDP
Did the rise of free information technology improve GDP? It is commonly assumed that it did. After all, the Internet has changed the way we work, play, and shop. Smartphones and free apps are ubiquitous. Many forms of advertising moved online quite a while ago and support gazillions of “free” services. Free apps changed leisure long ago—just ask any teenager or any parent …
Technology Policy and the Trump Administration
Technology policy has been a low priority for most voters in presidential elections in the post-war era. The most recent contest was no exception. Arguments about technology policy never made it into campaign commercials, to say the least, nor even a minute of the televised presidential debates. So it goes. Many denizens of the high-tech …
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Congestion on the Last Mile
It has long been recognized that networked services contain weak-link vulnerabilities. That is, the performance of any frontier device depends on the performance of every contributing component and service. This column focuses on one such phenomenon, which goes by the label “congestion.” No, this is not a new type of allergy, but, as with a …
Top Ten digital events of 2016
Hello good readers! It is time once again for a retrospective look at the top ten digital events of 2016. And what a year it was – elections, political intrigue, hacking, and more! Some very impressive people and action deserve their just rewards, i.e., fifteen seconds of snarky comments. The award is called a Sally. …