Lecture 25
Lecture 26
Lecture 27
Laws of Network Value
100

What was Teletext?

It was BBC's interactive news service. It was carried over tv broadcast signals. 

100

What was the Declaration of Cyberspace Independence?

It declared the internet free from governments. It said the "global social space we are building is naturally independent of the tyrannies you seek to impose on us".

100

What is an example of circumventing media?

Look at the list on lecture 27. 

100

What is net neutrality?

It allows all internet users to get the same speed internet regardless of their internet service provider. 

200

What was Minitel?

It was the world's largest ecommerce market in the 1980s. It used the telephone to run on low resolution screens. It also carried online phone listings. 

200

What did Reno v ACLU decide?

It made the web fully protected under the 1st amendment like print. 

200

Who was Richard Stallman?

He was a leader in the Free Software Movement. He was a leader of hacker culture and MIT programmer. 

200

What is Sarnoff's Law?

Any network's value can be calculated according to the number of people in the audience. Audience of 5 is a value of 5. 

300

What was AT&T's missed opportunity?

The US Department of Defense offered AT&T the opportunity to buy APRA's internet network, but they refused. 

300

What is long tail marketing?

It is selling a large volume of niche items rather than a lot of a few popular items. It is marketing to underserved parts of the market. 

300

What was Napster?

It was a company owned by Shawn Fanning that shared audio files. A federal court found Napster was infringing copyright and it was shut down in 2001. 

300

What is Metcalfe's Law?

Network value is equal to the square of the number of users. 5 users gives a value of 25. 

400

Who was Tim Berners-Lee?

He invented the protocol for the World Wide Web, so information stored on computers can be linked everywhere. 

400

What happened during the Dot Com Burst of 2000?

AOL's market took a steep fall after Microsoft was declared a monopoly, and it was revealed AOL inflated earnings reports to buy Time Warner and CNN.

400

Who is Julian Assange?

He is the founder of Wikileaks. He released diplomatic cables which contributed to the Arab Spring. He fled to Russia in 2012 after facing charges in the US. 

400

What is Reed's Law?

Network value doubles for every user added. A network of 5 users would have a value of 32. 
500

Who were Ted Nelson and Doug Englebart?

They were the designers of the basic framework of the internet. 

500

What was the 1996 Communication Decency Act?

It was a law Congress passed which strictly regulated web indecency. 

500

What is "organizing without organizations"? And provide an example of it. 

It is crowdsourcing. Uber, Lyft, Airbnb, and Wikipedia. 

500

What is Beckstrom's Law?

A network's value is determined by the amount of money saved by a person in the network in a transaction. If a person saves $10, the company is worth $10 dollars to that person.