How the internet will become the ‘exanet’

[Commentary] Today’s internet has transformed media and delivered prodigious value to consumers in entertainment, ecommerce, and personal productivity. Yet the next waves of the internet will extend to new industries in the physical world, delivering a far greater variety of services and requiring connectivity that is even faster, more ubiquitous, and more robust than today. To drive and accommodate this embrace of information by the real economy, we’ll need something bigger and better than the internet. We’ll need the “exanet.”

If the first several decades of internet were based on interoperability through digital packet switching and expanded capacity via fiber optics and broadband, the next phase will (in addition to continual capacity additions) focus on ubiquity, latency, reliability, application diversity, and security.

[Swanson is president of Entropy Economics LLC]