The Economics of the Internet - Andrew Odlyzko

While the Internet has attracted the bulk of the attention from the public as well as from researchers, the growth of wireless has had a far larger impact on the world, as measured by the number of users, the revenues, or the profits. Technology is leading to a convergence of the two areas, and this will be the next great telecom revolution. The costs and attention will continue to migrate to the edges of the network, and the backbones will continue to shrink in significance, with wireline traffic advancing at about the same rate as technology, and wireless traffic growing considerably faster. This is likely to lead to interesting industry dynamics, as well as challenging research problems.