A couple of weeks ago I was talking with a group of (primarily) engineering students about how our need for scale is forcing all sorts of changes in our industry ... some technological, some economic, some social / cultural, and so on.
As engineers the temptation is to focus on the technological changes, which is good so far as it goes ... but there is so much more.
For example, think about the differences between the first bubble and now. For my money the single biggest difference is that now there are some pretty successful economic models in place ... ways to monetize crowds, to actually reward investors for taking risk to build an enterprise.



