The “cloud” of cloud computing, that Gilder predicted, is things, not ideas. Thus it is subject to the limits of things, as opposed to the limits of ideas. It’s reasonable to ask where that limit is. It is probably both a question and an answer that we can understand.
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Many of us know cryptocurrencies only from passing headline news. Yet thoughtful people argue that such currencies will help shape an information society. Why?
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"We cannot assume that because it works in our culture, it will work in another culture," he says.
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In Haiti, 40% of the population (eleven million) still depends on subsistence agriculture. But cell phones allow them to leapfrog many traditional stages of technological development.
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In 2011, roughly 10% of Haitians had bank accounts. But by 2013, mobile digital banking via cell phones was starting to stand in for bricks-and-mortar banks.
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