Seoul Journal of Economics
[ Article ]
Seoul Journal of Economics - Vol. 20, No. 3, pp.355-376
ISSN: 1225-0279 (Print)
Print publication date 31 Aug 2007
Received 29 Dec 2006 Revised 10 Sep 2007

Evolving Internet with Various Deficiencies

Chon Pyo Lee
Professor, School of Economics, Seoul National University, San 56-1, San 56-1, Sillim-dong, Gwanak-gu, Seoul 151-746, Korea, Tel: +82-2-880-6391 chonpyo@plaza.snu.ac.kr

JEL Classification: D8, L8

Abstract

This essay attempts to expose a few issues of current internet by means of pinpointing its deficiencies and then suggest solutions for some of the exposed problems. Internet has been made feasible from development of many factors over time, and expected to evolve further. In spite of its development up to now and the optimistic expectation for its further evolution in the future, current internet has not yet evolved adequately enough to be a valuable companion to those seeking quality information, while swamped by immaterial chatting, e-mail and simple entertainments and threatened by uncertainties of both legal and security-related issues. Future internet must complement these shortcomings and this essay purports to examine them and then suggest directions to fill the deficiencies indicated.

Keywords:

Current internet, Network of networks, Application-blind, Content-blind, legal arrangements, Security provisions, Future internet

Acknowledgments

I gratefully acknowledge the financial support from the Advanced Strategy Program (ASP) of the Institute of Economic Research, Seoul National University.

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