Years of (E-)Commerce:
History Repeats Itself Again
Daniel V Klein
Commerce has been around for at least 5,000 years, and
e-commerce has arguably existed for nearly 150 years.
Amazingly, the evolution of e-commerce has closely paralleled
the evolution of real commerce. But its in Internet time:
5,000 years of mistakes, failures, and successes in commerce
have been repeated in less than 1% of the time.
This talk will look at that parallel evolution, with numerous
amusing examples. Then well see how people actually make
money on the Net. Well wind up with some speculations on
the future (you should bring your own grains of salt).