In the 19th and 20th centuries we made stuff: corn and steel and trucks. Now, we make protocols: sets of instructions. A software program is a protocol for organizing information. A new drug is a protocol for organizing chemicals. Wal-Mart produces protocols for moving and marketing consumer goods. Even when you are buying a car, you are mostly paying for the knowledge embedded in its design, not the metal and glass.
Yup. Everything's a protocol.
IMHO we are about to see the viral spread of interactive, consensual protocols which will make existing one way protocols redundant.
Probably worth a Diary. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
Even when you are buying a car, you are mostly paying for the knowledge embedded in its design, not the metal and glass.
