* Cybersquatting (purchasing specific domain names
identical to brand names in the "real" world) and then
selling the domain name to an interested party
Internet Space can be easily purchased or created. The
investment is low and getting lower with the introduction of
competition in the field of domain registration services and
the increase in the number of top domains.
Then, infrastructure can be erected - for a shopping mall, for
free home pages, for a portal, or for another purpose. It is
precisely this infrastructure that the developer can later
sell, lease, franchise, or rent out.
At the beginning, only members of the fringes and the avant-
garde (inventors, risk assuming entrepreneurs, gamblers)
invest in a new invention. The invention of a new
communications technology is mostly accompanied by devastating
silence.
No one knows to say what are the optimal uses of the invention
(in other words, what is its future). Many - mostly members of
the scientific and business elites - argue that there is no
real need for the invention and that it substitutes a new and
untried way for old and tried modes of doing the same thing
(so why assume the risk?)
These criticisms are usually founded:
To start with, there is, indeed, no need for the new medium.
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