Brad Burnham Jun 10, 2010 "Once you start thinking about large web platforms as governments, the logical question is what kind of government are they. One thing is for sure - none of these platforms are democracies. They are oligarchies controlled by founders, investors or shareholders. That may not be at all bad. As long as citizens (users) can move freely from one government to another with little switching cost, there is no reason to burden these polities with the inherent inefficiencies of popular democracy. But that does put a special premium on emigration policies and property rights. Do I own my data, can I export it freely? It also suggests that large networks that have strong network effects may someday need other incentives to act in the best interests of their citizens."
"In the end, the big networks on the web will all have to find a balance between state power and private initiative."
From TVs that listen in on us to a doll that records your child’s questions, data collection has become both dangerously intrusive and highly profitable. Is it time for governments to act to curb online surveillance?
Vivek Wadhwa: "My prediction is that 2015 will be the year in which tech takes baby steps in transforming medicine. The technologies that make this possible are advancing at exponential rates; their power and performance are increasing dramatically even as their prices fall and footprints shrink. The big leaps will start to happen at around the end of this decade."
"Vivek Wadhwa is a Fellow at Arthur & Toni Rembe Rock Center for Corporate Governance, Stanford University; Director of Research at the Center for Entrepreneurship and Research Commercialization at the Pratt School of Engineering, Duke University; and Distinguished Fellow at Singularity University. "
Interview with William K. Black, author of THE BEST WAY TO ROB A BANK IS TO OWN ONE, teaches economics and law at the University of Missouri - Kansas City (UMKC).