U7 - Ch. 6 - Networks and Cloud Flashcards
1
Q
Define network externality?
A
AKA Network effect, the more the people on a network, the more useful it becomes.
2
Q
What is the cloud?
A
Elastic leasing of pooled computer resources over the internet.
Benefits from pooled resources and economies of scale.
3
Q
What is ‘Net Neutrality Enabled’?
A
- All users and content providers treated equally.
- ISPs not allowed to block or slow content associated with competitors.
