Research: Genachowski, Wu, & Tech Markets
Schulz comments on the implementation of Net Neutrality rules and the appointment of Tim Wu to the FTC as further evidence that Washington does not understand technology. He believes these two gentlemen see the “health and vigor” of the tech sector and destructive.
Schulz takes a look at several tech sector areas and comments on their health, including:
- Operating Systems
- Media and News
Additionally he points to companies like Microsoft that were thought to be unstoppable. Then along came a reinvented Apple, and several years later Google was born. And now due to cloud computing, Microsoft again can emerge on top as it attempts to move to cloud based software solutions with Office and other products.
Schulz argues that “the rules that govern the technology sector are being rewritten by the industry’s participants every six months or so. No other industrial sector comes close to that kind of dynamism.” He questions whether DC needs to be involved in something that moves so quickly with hard and fast rules.
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