The Master Switch: quick review... and we should be worried and grateful
My book-a-week resolution fizzled out pretty quickly last year :-(, but fortune favors the optimistic, so I'm trying again this year and off to a reasonable start so far. I wasn't expecting much from Tim Wu's The Master Switch - I had it on my phone only because it was distributed as part of a book club at work - but wow. The book is great chronicle of how information industries evolved to have the structure that they have. The author does a really good job describing the technical, economic and policy decisions that led to the growth of some communication and information industries i.e. the telephone, TV, movies, radio and the Internet. In particular, he paints a very vivid picture of the people and the personalities involved, and how regulation and influence can dramatically change the face of these industries. If you buy the idea that we can learn from history, the chronicle itself is worth reading, but the analysis he adds around vertical industry structure...