Thursday, 25 September 2014

GDP vs Broadband: Unclogging Global Communications

Why does better broadband help a country? Because it accelerates things. Much like money instills a way of focusing people's efforts, the internet makes it much cheaper and quicker to obtain information and as such people can get more things done quicker, provided that the needed information is available and accessible.

On a practical level, it can greatly accelerate ordering/tendering-type process; basically what the eBay's and Alibaba's of the world have done on a grand scale. For example: Tally how much time is wasted in obtaining quotes for each part of each project - each and every entity has to obtain quotes every time they need something, in every industry. A long list of suppliers, gets called every single day, and orders get chopped and changed, often based on pricing.

Sure, this collosal and global clogging of our global communications systems in order to do what gets done millions of times over daily, drives the communications industry to a large exten. Is it not this "clogging" rather, that is the symptom of a growing GDP?

What if all the time invested by me, in finding the best service providers and the price/quality ratios, could be saved for the 20 companies following in my wake? What if this bandwidth and airtime could be used mostly for innovation, rather than procurement?

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