When Will It Be All Wireless?
In a recent article from MSNBC it wrote of a merger that coupled Verizon Wireless and MCI in an article named "Verizon to buy MCI for 6.7 billion" . With this acquisition of Verizon it brought to mind how rapid the growth of the information age has been. The growth of wireless phones and wireless internet has provoked the question, where is it going from here? With this increasingly growing industry what should we as economic conscience people expect. In economics technology changes markets completely let alone not to mention the shift of the supply curve. With information present all around us what will happen to the competitive aspect of it all? Sure, we know that with more information at hand it makes everything that much more competitive, but will it ever end? When wireless companies such as Verizon are taking the reigns as a major telecommunications giant will we see more cell phones and less land lines? If so, what will the affects be? When more information is more readily available will it complex every industry or make it run much more efficient creating an overall good for society?
Posted by Tom at 2/14/2005 06:12:00 PM