(no subject)

[watertank]

i would go out on a limb and suggest that the americans invented mass consumer credit, which lead to the information and communications revolution.

Comments

Re: about this

[lenno-cornish.livejournal.com]

Hm. Quite unexptected approach, though I can understand it. Well - as for applications, I was surprised recently when I found that Linux Society maintains its own credit card project. I think it's also some kind of revolution. What do you think? I even wrote an article about it - you can read it in my blog. I will be glad to see your comment.

Re: about this

[watertank.livejournal.com]

I don't think that establishing a Linux Society credit card is a revolution. It's a me too project, especially, when compared to the pioneering work of Bank of America in the 50-s. I would even guess that Linux Society credit card is not doing that well: another niche financial product to serve fiscal conformists among techno non-conformists.
One of the real revolutions actually happened today: Apple announced that they will open APIs for their iPhone. This is big because it creates a whole new application space. Not a great invention, but a very significant innovation.

Cheers!