We are very much mid-term in the course of the Internet Industrial Revolution with at least another generation (25 years) of change to go yet. My fear is that, unlike previous revolutions, where the incumbents all went out of business or receded into the background ... Governments are so feeble, the populace is so apathetic and the media so complicit, that we will be forced to endure continued monopolisation by the existing powers that be ... instead of a vastly more efficient and cheaper architecture.
Take the design of symform for example: a service to replace exhorbitantly expensive enterprise storage.
And how much better it would be if, in the same fashion, a new broker appeared to replace banks and card companies like VISA and AMEX: for what is banking nowadays other than a few messages between computers? One of which I have already paid for!!
No, the real revolution comes when the current institutions fall: they have a shockingly poor record in terms of stability and honesty in any event. Remind me: when is Bastille Day?
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