Its major interests are focused on the evolving applications, services, technology, and infrastructure of the converging telecommunications, computing, Internet, and related industries. We are all aware of the fact that many seemingly prosperous dotcom companies just a year or so ago do not even exist anymore.
Competition sometimes creates more problems than it helps.
Regulators are now busy coming up with new regulatory measures for fair competition. Globalization faces bitter protest by activist groups against Neo-liberalism. The digital divide poses a serious threat to the sustainable information society. We do not know how long and how far we have to go through this turmoil. Maybe, it is the time to sit back and start asking ourselves where we are and where we are going.