posted Jan 18, 2001

The New Old Economy
Technology & Sociology
1/18/2001; 11:23:25 PM

A truly fascinating article on the impact of information technology on oil drilling, which is used as a prototypical example of many "Old Economy" industries being revitalized by the staggering increase of computing power and the ways in which it can be used.

The Internet is big and flashy, but it tends to obscure many equally interesting effects of the machines that enhance our minds.

 

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