How early an industry went online may be a good proxy for how much competitive pressure it faces. For instance, retail went online early in the history of the Web, but parts of the medical industry are still doing a lot of work on the phone/fax.
That’s a really interesting, afaik novel, and on point. Kopec’s theorem. Any counter examples? I can’t think of any.
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Restaurants are very competitive and not sure how fast they moved online.
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That’s a good point. Unless you count grub hub, seamless, opentable, they’re still Barely online.
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