Bits, on the other hand, are close to priceless, because they are the building blocks of information. Negroponte calls a bit “a state of being”. It’s either on or off, true or false, 0 or 1, black or white. All kinds of information, from numbers to journal articles to a Bhimsen Joshi performance, can be encoded as streams of bits. And then it’s the information that’s really valuable, not the atoms
How much is your laptop or iPod really worth? Dilip looks at the real value of your digital possessions.
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