Moore's Law, Metcalfe's Law, and the Theory of Optimal Interoperability
@inproceedings{Yoo2015MooresLM, title={Moore's Law, Metcalfe's Law, and the Theory of Optimal Interoperability}, author={Christopher S. Yoo}, year={2015} }
Many observers attribute the Internet’s success to two principles: Moore’s Law and Metcalfe’s Law. These precepts are often cited to support claims that larger networks are inevitably more valuable and that costs in a digital environment always decrease. This Article offers both a systematic description of both laws and then challenges the conventional wisdom by exploring their conceptual limitations. It also explores how alternative mechanisms, such as gateways and competition, can permit the…
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