Week 9 readings
Constantly changing and advancing technology is offering consumers new choices. Voip software is just another example of this. People are no longer forced to sign up with huge conglomerate phone service corporations and pay outrageous prices for phone calls. The internet and digital technology can eliminate these phone companies and their prices. Soon they will be forced to adapt to the needs of consumers that are weary of traditional pricing. This trend is emerging in other media as well. Record companies are losing huge profits due to downloading and file sharing via the internet. They are having to find ways to adapt their media in order to continue to make profits. Movie theaters and rental stores are losing their profits because of digital technology that make movies and shows available "on demand" through cable providers. These new innovative technologies will continue increase demand for cheap and easily accessible media. It will be interesting to see how supply will meet this demand and how the producers of older media technologies will remain competitive.
How will services like 911 be affected by VOIP software?
Will this technology be adopted quickly or will it take time?
How will this technology change the business practices of regular phone service providers?
