X-Message-Number: 19382 From: Date: Mon, 1 Jul 2002 10:21:21 EDT Subject: Investment --part1_dc.19541d1b.2a51bf61_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit More on: > note on investment and the accountancy collapse > As pointed out by John deRivaz, the present bear market is not the first nor the last in history. Neverthless, I think there may be a new element: Technological values and more precisely communication ones have been particularly hit hard. There may be a particular reason: capitalists have seen the Internet as the Inter-market-net, on the other hand, most users have seen it as a new free space. For each paid product we have seen a similar or better free one. I'll take two examples: 1/ Music was a fat lazy cat, it is always that, but now pirate copies using mp3 are more and more common. Majors fight back, the last episode is the fall of AudioGalaxy, but that is only the start signal for another source located in Eastern Europe and a promotion for Guntela clones. This market is doomed, even if there is a tax on hard disk or DVD Rw. 2/ Windows: I see my own case: I have bought DOS 5, DOS 6, Windows 3.1, Win95, and Win 98. Lately, I have started to use the free BeOS, in some months I'll upgrade to a new computer. My choice will be then to buy Windows XP or use the free, more powerfull Linux. An emulator will take into account my hold Win98 software. My choice is nearly done, I'll let Microsoft and move to UNIX environment. I could add more example: When working with picture I use Pixia and The Guimp, both free, not Photoshop. Some years ago, my big wordprocessor was a paid copy of Wordperfect, now I have a complete suite, open Office, free and a small word processor, AbiWord, downloaded free. More and more products are free, the information age escapes the market world. TV will be the next casuality with generalized video streaming, five years from now. Next will be the material products. Right now, a group gives astronomy CCD cameras in exchange for software writting and data processing. You are interested in the subject: You get the hard ware... This is the start of a society where money may fall.... The comming of anarchy (not disorder). This can come far faster that dream pipe nanotechnology. Yvan Bozzonetti. --part1_dc.19541d1b.2a51bf61_boundary Content-Type: text/html; charset="US-ASCII" [ AUTOMATICALLY SKIPPING HTML ENCODING! ] Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=19382