Is open source the next 'PC moment'?
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If you want to see where the technology industry is heading in the next few years, a quick review of the past might be useful. As Amar Bhide of Columbia Business School reminds us in Thursday's Wall Street Journal, the personal computer industry was born in the pain of the 1980s economic recession. Why then? "History suggests that Americans don't shirk from venturesome consumption in hard times," Bhide writes, suggesting that consumers show a appetite for risk that far exceeds the near-term value they individually derive from things like software and mobile devices, a tendency that is unlikely to abate in our recessed economy.
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