Thoughts for the day:
- In physical transport (atoms), we found that there was a complex business called “logistics” which is where the profit is; “trucking” is just a small function of logistics. With data networks (bits), it’s the exact opposite; there once was a complex “bit management” industry called telecom. This is slowly, painfully fading away. It’ll get replaced by a simpler industry that just teleports bits over geographic distance. We don’t have a name for it yet.
- Telecom is just another utility delivering stuff through pipes. In fact, it’s just like a water utility — except you don’t have the glamour of sewage disposal.
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{Who says there is no glamour?)
Posted by: at March 9, 2006 03:31 PMThe money will shift to increased complexity in the part which is now free - the signalling (underlying intelligence or nervous system of telecom networks). Whereas the money now is in the media (voice) transport itself.
Posted by: at March 10, 2006 12:43 AM