On: Leonard Kleinrock on what went wrong with the inte...

[petra]

Before the internet, many people only worried, economically, from people in their immediate sorrounding. Often only in their city.

Knowledge was much harder to ackuire and more valuable, and it was harder to compare prices.

That led to an environment where many, both business owners and employees could akuire some valuable competitive advantage, and make a decent living.

Now that's much harder. Significant competitive advantage(or significant bargaining power) rarely exists, for most.

Most have little economic power. And psychologically that's probably more important than relative wealth.