{"id":1094,"date":"2007-01-16T07:46:00","date_gmt":"2007-01-16T07:46:00","guid":{"rendered":"https:\/\/mhgoldberg.com\/blog\/?p=1094"},"modified":"2007-01-16T07:46:00","modified_gmt":"2007-01-16T07:46:00","slug":"gilders-10-laws-of-the-telecosm","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=1094","title":{"rendered":"Gilder’s 10 laws of the telecosm"},"content":{"rendered":"
\"Forbes\"<\/a>In late December, George Gilder’s blog had an excerpt from his January Gilder Report: “Law Number One of the Telecosm<\/a>“. to assist those who aren’t subscribers of Gilder, Forbes<\/a> published all ten of Gilder’s laws.<\/p>\n

I liked Gilder’s citation of Claude Shannon<\/a>, who defined information in terms of surprise – the change from the normal state. Of course, when you stop to think about it, that is precidely the principle behind compression algorithms.<\/p>\n

Gilder extends this to say that in networking, the carrier needs to be predictable to permit the information to be distinguished from noise. <\/p>\n

The heart of capitalism is creativity. Creativity, as Albert Hirshmann of Princeton once wrote, always comes as a surprise to us. If it didn\u2019t we would not need it. Socialism would work. But the upside surprises of creativity require a low entropy environment of predictable property rights, taxes and other business laws ultimately based on trust in a moral order. All these conditions are essential to an entrepreneurial economy.<\/span><\/p><\/blockquote>\n

An interesting article<\/a> – with observations certain to provide fodder for coffee-time chats this week.<\/p>\n

Technorati Tags:
Gilder<\/a>, Forbes<\/a>, Shannon<\/a><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

In late December, George Gilder’s blog had an excerpt from his January Gilder Report: “Law Number One of the Telecosm“. to assist those who aren’t subscribers of Gilder, Forbes published all ten of Gilder’s laws. I liked Gilder’s citation of Claude Shannon, who defined information in terms of surprise – the change from the normal …<\/p>\n

Gilder’s 10 laws of the telecosm<\/span> Read More »<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1094","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nGilder's 10 laws of the telecosm • Telecom Trends<\/title>\n<meta name=\"description\" content=\"In late December, George Gilder's blog had an excerpt from his January Gilder Report: "Law Number One of the Telecosm". to assist those who aren't • January 16, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mhgoldberg.com\/blog\/?p=1094\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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