Tuesday, November 08, 2005

Bubble 2.0

From the Google story in Sunday's New York Times: new economy, zero inflation, endless economic growth:
  • "a huge reduction in inefficiency everywhere"
  • "reward consumers with lower prices"
  • "open up opportunities for new companies"
  • "Google is the realization of everything that we thought the Internet was going to be about but really wasn't until Google"

(Remember the "remove friction" claim in the eBay/Skype story?)

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