New Economy

The new economy has elements of our old one with some new ways of working and some new products to sell. The new products are not products that you can hold in your hand. These products are software programs and information. Different ways of using our new integrated networks to distribute information and ideas. We are connecting between like minded companies that can help our own businesses grow. These international and national companies have associations with other corporations to streamline these new products that help build up and make both companies stronger. We are selling services that are not as tangible as making a chair but can be transfered by digital means. Yes some of them can be put on CDs but most are just sent over the private superhighways. They may use public internet to connect to some companies but many more companies have these private archives and transmissions.  The big problem with these new integrated systems that are being streamlined in order to prevent barriers to increase productivity make it harder to keep things copyrighted. The new problem is getting paid for these software and information from being taken instead of sold or used within a company exclusively with their other associates. These private companies along with military and government agencies have always been able to get the top of the line equipment and now software. The tipping point to get the public to use them still has to make it affordable and found a use for them before everyone needs to have it in order to keep up with the rest. This lag time always occurs and when something does not catch it is put on the shelf until the public is ready and willing to utilize these new technologies which are more ideas than material things. The office will someday have a more modern version of an assembly line factory system. The office work will be connected to many departments and can have different jobs handle separately done but seen by everyone in other departments that need to see them for their own work. This new economy will improve the production, make it easier to work and eliminate the problems that slow down production. This style of work will affect all big business in the long run. The new economy will not allow one company to focus just on their own profits and success. These companies are becoming more interconnected and reliance will help companies become stronger but also more vulnerable to other companies failures. The new economy will be forced to make sure that other countries economies and practices become more uniform and stable or there will become more unstable businesses with the businesses in the whole world. These monopolies can sink or swim depending on how well they work together as a whole.