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Virtual Goods: the next big business model
“People spend over $1.5 billion on virtual items every year. Pets, coins, avatars, and bling: these virtual objects are nothing more than a series of digital 1s and 0s stored on a remote database somewhere in the ether.”
A Wirelessly Powered Lightbulb
“Researchers at MIT have created a revolutionary device that could remotely charge batteries and power household appliances.”
Rise of the Prosumer
“Mark this word in your mental diaries: Prosumer.The word is a combination of producer and consumer that perfectly describe the millions of participants in the Web 2.0 revolution.”
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