Kevin Kelly's Economic Prediction

  1. The Law of Connections: The collapsing microcosm of chips and the exploding telecosm of connections will tear the old laws of wealth apart and prepare territory for the emerging economy.
  2. The Law of Plentitude: Curious things happen when you connect all to all.  Adding a few more members can dramatically increase the value for all members
  3. The Law of Exponential Value: The chart of Microsoft’s cornucopia of profits is a revealing graph because it mirrors several other plots of rising stars in a Network Economy. However, the same forces that feed on each other to amplify network presences into powerful overnight standards can also work in reverse to unravel them in a blink. Success will become nonlinear and self-regulating.
  4.  The Law of Tipping Points:  Significance precedes momentum. Success became infectious and spread pervasively.  It became difficult not to be infected. For instance, how long could one hold out not having a telephone?
  5. The Law of Increasing Returns:  Them that’s got shall get. It depends on this: while centralized government gets more punishing, the Network Economy rewards schemes that allow decentralized creation, and punishes those that don’t.
  6. The law of Inverse Pricing: While the worst—government—gets more costly each year, the very best gets cheaper each year. It is a major engine for the new economy.
  7. The Law of Generosity:   Microsoft makes huge profits by giving away its Web browser, thereby creating a need. 
  8. The Law of Allegiance: The prosperity of the company is directly linked to the prosperity of the network.  
  9. The Law of Devolution: The tightly linked nature of any economy, but especially the Network Economy’s ultraconnected constitution, make it behave ecologically. The fate of individual organizations is not dependent entirely on their own merits, but also on the fate of their neighbors, their allies, their competitors, and, of course, on that of the immediate environment.  
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