Tag Archives: abundance

Google’s chief economist explains value in era of endless info

Hal R. Varian quoted in Wired: Varian believes that a new era is dawning for what you might call the datarati—and it’s all about harnessing supply and demand. ‘What’s ubiquitous and cheap?’ Varian asks. ‘Data.’ And what is scarce? The … Continue reading

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In shift to virtual life, profit lacks purpose

With a steady flow of information highlighting the news industry’s woes, I couldn’t help but begin to wonder about the Internet’s transformation of the larger economic and cultural structures in which businesses, people and, oh, everything else, operate. In the … Continue reading

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