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August 12, 2004

Beyond Smart Mobs

Always something interetsing form Howard Rheingold. This time he's interviewed by Business Week Online

"Never before in history have we been able to see incumbent businesses protect business models based on old technology against creative destruction by new technologies. And they're doing it by manipulating the political process. The telegraph didn't prevent the telephone, the railroad didn't prevent the automobile. But now, because of the immense amounts of money that they're spending on lobbying and the need for immense amounts of money for media, the political process is being manipulated by incumbents."


Posted by yatta at 12:49 PM