Friday, October 06, 2006

Doc Searle on BT

He Says:

There's a buncha high-level IT blather (by quotees, not by Gordon, who's doing the quoting) about ROI and "global networked IT services", and about BT now being in a position to compete with Google... but that's just a red herring sandwich.
The real story is that a major carrier is finally starting to grok, at the top, that the main benefits to incumbency are not just ownership of the pipes. There are countless creative things that an incumbent carrier — with existing relationships with customers, with "plant" all over the place, with science and business advantages out the wazoo — can do to make money, other than just by creating false (or any other kind of) scarcities in the backbone and the last mile (or acre, in the case of wireless).