Distinction between time-saving and time-using technologies


Problem: According to the study by Lyman & Varian (see How Much Information 2003, available online), the electronic flow of new information during 2002 was:

17,300,000   Terabytes   Telephone

532,897            "             Internet

68,955              "            Television

3,488                             Radio

a. What do these numbers suggest about capacity requirements necessary to support content versus communication?

b. What are ways that Moore's Law supports these information flows? Try to be specific.

c. How do information flows correspond to the distinction between time-saving and time-using technologies?

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Microeconomics: Distinction between time-saving and time-using technologies
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