Here's a link to a terrific series of graphs from Bret Swanson of Entropy Economics, showing the amazing and exponential growth of internet traffic since 1990, in a way you've never seen before.
We've followed Bret's excellent analysis of technology-related subjects for many years, and wrote about an important article he authored along with George Gilder in a blog post back in February 2008 (over four years ago now!). While many unpredictable economic and political developments have taken place since then, the "exaflood" described in that article has rolled on as they predicted that it would. In fact, as we have written many times in the past, major paradigm shifts such as the one that George and Bret are talking about here are so big that even the politicians (and some of the players on Wall Street) cannot really derail them.
For a few recent posts on this subject, check out this post and this post.
We believe that every investor should consider this subject very carefully.
We've followed Bret's excellent analysis of technology-related subjects for many years, and wrote about an important article he authored along with George Gilder in a blog post back in February 2008 (over four years ago now!). While many unpredictable economic and political developments have taken place since then, the "exaflood" described in that article has rolled on as they predicted that it would. In fact, as we have written many times in the past, major paradigm shifts such as the one that George and Bret are talking about here are so big that even the politicians (and some of the players on Wall Street) cannot really derail them.
For a few recent posts on this subject, check out this post and this post.
We believe that every investor should consider this subject very carefully.