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The two men talked about E-mail and managing change; about the cost of communications and the cost of regulation.
The rapidly declining cost of communications and computing power has already wrought huge changes in the way people go about their daily lives.
Smartphones in particular have pushed up the overall cost of communications, with the average household spending £114 a month last year.
The dramatic fall in the cost of communications made it possible for Western companies to outsource services, and a newly liberalised India could offer a huge supply of cheap brain workers.
Another is rents, which rise when firms cluster together.You might imagine that the dramatic fall in the cost of communications and computing would have pushed firms in the information-technology industry (among others) farther apart.
And many of them can reach global markets from the day they open their doors, thanks to the falling cost of communications.For most people the term "entrepreneur" simply means anybody who starts a business, be it a corner shop or a high-tech start up.
Similar(46)
Economics 101 tells you that if you push down the unit costs of communications every year, demand will go through the roof".
Competition cuts costs, and we have to bring down these very costs of communications, so that consumers and SMEs can derive full benefit from the electronic revolution.
Labour costs are low, but not nearly as low as in most other emerging markets, and the cost of transport, communications and general living is much higher.
As a result, the cost of wireless communications has plummeted.The mobile-phone industry has both benefited from these developments and spurred them on.
Dr. Borriello said one trend that would hasten the development of networks of embedded devices was the falling cost of wireless communications.
More suggestions(18)
cost of transmissions
cost of complaints
amount of communications
cost of contacts
cost of dispatches
expense of communications
cost of signaling
cost of transmitting
cost of correspondence
cost of telecom
cost of tickets
cost of phones
cost of inputs
cost of materials
cost of participants
cost of instruments
cost of disseminating
cost of submitting
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com