Regardless of how it’s done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful thing if you’re in the transaction business. They’re wonderful for consumers too, making it cheaper and easier to buy things and creating new things to buy. — Nathan Myhrvold
Tags: Business, Powerful, Creating, Nathan Myhrvold, American, Businessman
Mini who’s who:
Nathan Myhrvold : American Businessman
Born: August 3, 1959