Facebook‘s botched IPO reflects not only the weakness of the stock market, but a systemic misunderstanding of where the true value of technology lies. A website that, due to superior funding and media hype, allows people to do what they were already doing — connecting on the Internet — does not inherently drive broad economic growth, even if it mints a few high-profile billionaires.
Wednesday, June 06, 2012
Facebook’s False Promise: STEM's Quieter Side Of Tech Offers More Upside For America
New Geography reports:
