METCALFE'S LAW

Metcalfe's Law

Metcalfe Law

Among all the famous ideas regarding the boom of the Internet in the world, The Metcalfe's Law can be described, as one of the most dangerous laws of all. The law of Metcalfe argues that the value of a network of communication is relative to the square of the total number of users of that network. (Edwin 2004).

This law could have been described as true in the past decade, when there was no such concept of internet hacking or malware or phishing attacks on the internet. This law does not take into account the costs that ...