Monday, October 19, 1998
4:00 PM (refreshments 3:45)
Edgerton Hall, Room 34-101
EECS Colloquium
Abstract
Today’s telecom industry is defined by two fundamental dimensional shifts: regulated markets are growing increasingly competitive, and non-convergent technologies are becoming more convergent. This talk will discuss the convergence of five separate communications industries (telecommunications, publishing, imaging, data and entertainment) into three new industries: information content, information appliances and information highways.
The talk will suggest that information industry is a fixed cost industry software and semiconductors. It is also becoming a fixed cost industry for content, appliances and infrastructure. The economics of fixed cost are radically different requiring volume and speed which cannot be achieved through proprietary standards and vertical integration. It will require emergence of de facto standards and licensing agreements on a worldwide basis.
The last part of the talk will discuss which industries will dominate in content, appliances, and infrastructure due to their comparative advantage.
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Modified: Oct 14, 1998|
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