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#Technology

Sun, Jul 18th, 2010 11:00 by capnasty NEWS

The greatest impact of an increasing-return wave comes long after the technology is invented. It comes when the technology is democratized. Gutenberg's printing press took decades to generate the Reformation. Today's container ships go not much faster than a 19th-century steamship, and today's Internet sends each pulse little quicker than a 19th-century telegraph -- but everybody is using them, not just the rich. Jets travel at the same speeds they did in the 1970s, but budget airlines are new.

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