Emergic: Rajesh Jain's Blog

Emergic: Rajesh Jain's Blog header image 2

Web 2.0 Economics

September 22nd, 2005 · No Comments

Imair Haque has some excellent posts [1
2 3].

Web 2.0 is a shift to from tight, hierarchical architectures which realize exponential network FX, to loosely structured architecture which realize combinatorial network FX.

More simply, Web 2.0 is about the shift from network search economies, which realize mild exponential gains – your utility is bounded by the number of things (people, etc) you can find on the network – to network coordination economies, which realize combinatorial gains: your utility is bounded by the number of things (transactions, etc) you can do on the network.

Tags: Software

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment