What New Economy?

from the it-may-be-new... dept

An amusing first section to this Ad Resource article asks where is the “New Economy”? They point out that while there’s plenty of “new” there doesn’t appear to be much “economy”. There’s a nice set of graphics pointing out the quickly diminishing number of profitable companies – though that chart is far from complete. I think it’s fun to say that there’s no new economy, but it’s also a little overblown. The fact is there are plenty of benefits to the economy from the internet – and just because most get-rich-quick dot coms aren’t successful, doesn’t mean there is no new economy. It just means that in the end, business realities still stand, and good businesses that can really take advantage of the changes will win.

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