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08/01/2001 Archived Entry: "1-August-2001 -- Less Than Metcalfe's Law"

Less Than Metcalfe's Law (WebWord) -- "Metcalfe's Law applies to interconnected machines in a full network. It does not apply to humans and therefore it does not capture the value of the internet. It also does not describe the value of connected human beings on a fully interconnected network. Metcalfe's Law is about machines, not humans."

Replies: 1 comment

Agree. Metcalfe's law has mutated from a informal observation on internal company networks and conspicuously absent was the word value. George Gilder is responsible for the wording most people are familiar with. In common usage, the concept leads to node building, not innovation or value.

Posted by JS @ 08/02/2001 02:25 PM EST

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