I think we really need to talk about what innovation means because its liberally thrown around everywhere these days. Taking the more conservative meaning of i

I think we really need to talk about what innovation means because its liberally thrown around everywhere these days. Taking the more conservative meaning of innovation... The internet is an innovation in itself - but what is being built on it is the --application-- of the innovation of the internet, and usually these internet services are not true innovations in and of themselves. That doesn't mean internet services aren't useful or progressive - it just that I'm very bearish on seeing huge truly paradigm changing innovations on the scale of space flight, nuclear, etc pop out of the "internet sector". What the internet and the services being built on it are really good at is taking existing services and processes and streamlining them to be easier and less costly. We can communicate, distribute, and automate so many things because of the internet and whats being built. Thats the internet sector's form of innovation - I think you just need to qualify what definition of innovation that fits.