How Many Industries Will Be Gone in the Future?

Lots of service industries today are doing well just because of the nature of asymmetric information between buyers and sells. For example, brokering services in industries like real estate, financial, and travel, just to name a few. The Web 1.0/Internet 0.0 revolution has made those broking agencies suffering, so they had to adjust their cause to fit the new demands, otherwise all they had to do was to close their doors. Will Web 2.0/Internet 1.0 revolution trigger the similar effects? Of course. How about the upcoming Internet 2.0 revolution? You bet

In case you have not got a chance in listening to the following podcast, please take a chance to listen what Nobel Prize Winn talking about on this issue:

Prof. A. Michael Spence , Stanford University, Nobel Laureate in Economics
- The Informational Structure of Markets: Past, Present and Future

http://www.hwswworld.com/interview.php

I am sure soon or late trade show industry will be gone, maybe book industry, and many more, let’s see

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