ICANN once again proves the point that in the digital age there is no limit to the amount of real estate, unless physical factors play a role. The non profit that manages the top level domain names such as .com and .info just approved the creation of the .travel and .jobs internet domains.
Rather than serving the public, the decision caters toward the domain registrars that make a pretty penny of the registration of internet domains.
The vast majority of the internet domains are registered by speculators. They hope to make a buck or two by selling valuable domain names to stupid entrepreneurs who think that something like "business.com" is actually worth the $7.5 million that eCompanies paid for it in 1999.
In the future ICANN plans to bring us .cat, .post and .mobi domains. It is also considering adding .asia, .mail, .tel and the .xxx porn TLD.
But rather than bringing us ever more domains, the organisation would do better to improve on the current registration process.
Will travellers prefer to surf to expedia.com or expedia.travel? I'll put my money on .com.
If I'm looking for a job, do I need a Microsoft.jobs domain instead of jobs.microsoft.com?
Do we need some visionary leadership from ICANN instead of having them stick to a broken domain name model?
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