> For example, though the set up cost of creating an
on-line
> encyclopedia may be enormous, the cost of reproduction and
> distribution may be near zero if the means of distribution is the
> Internet. The emergence of an electronic platform for the transmission
> of ideas at negligible marginal cost may therefore be an important
> factor explaining the recent increased conceptualization of the
> GDP. The demand for conceptual products is clearly impeded to a much
> smaller degree by rising marginal cost than is the demand for physical
> products.
The cost isn't *that* enormous, of course, when a
free license
empowers volunteers.
Strangely enough, I was expecting Greenspan to mention Wikipedia any
minute when I read that ;-). But we haven't reached that point yet -- I'm
sure we will, though.
Regards,
Erik