[8795] in Commercialization & Privatization of the Internet
III vs. GII
daemon@ATHENA.MIT.EDU (The future Ross Stapleton-Gray)
Sun Dec 5 10:29:00 1993
Date: Sun, 5 Dec 1993 8:28:25 -0700 (MST)
From: The future Ross Stapleton-Gray <STAPLETON@bpa.arizona.edu>
To: com-priv@psi.com, farber@central.cis.upenn.edu
David, I've been using Global Information Infrastructure (GII) for some
time to describe what's really going to come of all this (and will
hopefully have an essay in _Telecommunications_ in January with a few
paragraphs on that in a discussion of putting the NII in its larger
context).
My preference for "GII" is in part because it leaves "nation" out of
the name; in the Information Age national sovereignty is on the wane,
and there's no need to unnecessarily encode obsolescing structures into
the new terminology.
I'm also pretty confident that we'll see banking structures on the
Internet within a very few years; either some financial institution
will acquire Internet access and create a service for witnessing
credit, or some network service provider will apply to have an activity
regulated as a bank. Then we can have "gopher-for-fee" (when I enter
the ISOC tree I get debited $0.05, which I'd happily pay and which will
be handled with well under $0.01 overhead), as well as big-money exchanges.
Ross
