Wednesday, February 08, 2006

Revolution "Cheap"
1. The incredible power of low-priced technology... Google's server farm, Skype's free phone services, etc.

2. Emergent global talent pools, from Eastern Europe to India, from China to Southeast Asia.

3. The Internet, which connects technology to talent at transparent prices.

The Cheap Revolution is good for China and India as well as newer, clever companies in the West, such as Google, Skype and Craigslist.

But is it good for older Western companies with higher cost structures and lots of legacy? That's an open question...