South Korea as Mobile Incubator

From NYT

Tim Chae, who runs 500 Kimchi, said that American investors have begun to think of Seoul as a sort of crystal ball. In it, they can glimpse a future where the most ambitious dreams of Silicon Valley — a cashless, carless, everything-on-demand society — have already been realized. Nearly all of Seoul’s residents use smartphones, and many of the services just now gaining in popularity in the United States have been commonplace in South Korea for years.

this is an impressive article – and the key takeaway is how the South Korean public sector invested big money to build the infrastructure that makes it possible. That infrastructure allows for much, much faster web interaction.

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