It’s true the internet didn’t revolutionize everything. Pets.com never delivered, well, whatever it was that it tried to deliver. In other areas, though, the internet has proven as transformative as the initial hype suggested. Newspapers struggle to cope with free content, a technology company now dominates music sales, and large book sellers are liquidating because they can’t compete with something called ‘Kindle.’ In recent years the web’s networking properties have also allowed markets to form for things that were previously unmarketable; like empty rooms and houses. The hotel industry should worry. Travelers should rejoice. Read More…
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