Lectures by Professor T. Russell Hsing: Internet Economics (Does the Internet Have an Achilles' Heel? - Smart Data Pricing) Back to events list

Date: January 22nd, 2020 from 14:00 to 16:40
Price:Free: Attend In Person €0.0
Price:Free: Attend Online €0.0
Venue: NIMBUS Centre

Internet Economics:

· Does the Internet Have an Achilles’ heel?

· Smart Data Pricing


Professor T. Russell Hsing

Executive Director of Applied Research, Bellcore/Telcordia/Ericsson (Retired)

Honorary Chair Professor, National Chiao Tung University, Taiwan

Member of Advisory Council, Harvard Business Review, US

Visiting Professors for IIT Mumbai, India; Peking University, China; and ASU, Arizona, US

Board Member/Board Advisor/Mentor, High-Tech Start-Ups via Academic-Spinoffs, US


Today’s networks (such as Cellular Network, Internet Network, P2P, Social Network,etc.) are tightly coupled with economic considerations such that they become more and more critical to integrate economics theories/behaviors, and market transactions with the designs and constructions for future networks toward 6G and next generation IoT services and applications. Through Internet, how people interact with each other (such as sellers and buyers) will have major impacts to influence market transactions.

This lecture will cover two critical topics which are closely related to Internet Economics:

- Does the Internet Have an Achilles’ Heel ?

- Smart Data Pricing

In addition to describe and answer the question of “Does the Internet Have an Achilles’ Heel or not?” while using current Internet networks, we will also discuss an attractive subject, Smart Data Pricing (SDP), which is one of the key economic issues in present cellular and Internet networks. Consequently, it is non-uniform pricing and will be playing a major role in the future of mobile, broadband and content.

For example, Internet Services Providers could use SDP as a congestion management and a higher revenue & profit margins business model. It will be likely a key component on current 5G and future 6G networks. At the end of this lecture, audiences should be able to get sufficient information of Internet Economics.


Short Bio for Prof. T. Russell Hsing, PhD

T. Russell Hsing is the IEEE Life Fellow and Fellows of the British Computer Society, and SPIE. He

received his B.S. from National Chiao Tung University (Taiwan) in 1970, and his PhD in Electrical Engineering from University of Rhode Island (US) in 1977. He accumulated rich R&D experience of 40+ years through affiliations with Burroughs, Xerox, GTE Labs, Telco Systems Fiber Optics Corporation, TASC and Bellcore/Telcordia/Ericsson as Technical Staff, Engineering Director, Research Director, and Executive Director since 1977. He is currently Honorary Chair Professor with National Chiao Tung University in Taiwan, and Advisory Council Member for Harvard Business Review (HBS). During his tenure at Telcordia, he has established two significant R&D centers, one in Taipei, Taiwan, and the other in Poznan, Poland. Both centers focused on advanced technologies for Telecommunication and Information Sciences partnering with local institutions to win significant contract funding from both commercial and local government sources.

After March, 2012, He has held visiting positions at numerous universities around the world including Nanyang Technological University and Singapore University of Technology & Design (Singapore), IIT Bombay (India), Arizona State University (US), University of Electronics, Science and Technology in China, Peking University (China), POSTECH (Korea), and the Chinese University of Hong Kong. He has been pioneering the technologies commercialization through joint business ventures and academic spin-offs. He is also serving as Board Director/Board Advisory/Mentor for several academic spin-offs in US and Taiwan. He had been board of director for the Open Fog Consortium in 2016-2018. He has been teaching the courses of “Technology Entrepreneurship: From IP to IPO” (since 2014) and “Internet Economics” (since 2017) during past seven years.

His research interests include Intelligent Fog/Edge Computing & Networking and Platform, Video Compression & Communications, Vehicular Telematics & Services, Wireless Technologies and Communication, Future Network Towards 6G, and Next Generation IoT Services and Applications, and Academic Spin-offs.

He has been active as an IEEE ComSoc volunteer for many years. He was a member (2006-2008) and then chair(2010-2011) of the Fellow Evaluation Committee, and a member of the Award Committee (2010-2012). He is founding chair (2010-2012) of Sub-TC on Vehicular Networks and Telematics Applications for Comsoc. Within the IEEE, he was a member (2008-2010)/ Chair (2010-2011)/Past Chair (2012) for the IEE Kiyo Tomiyasu Award Committee, and then the IEEE Eric Sumner TFA Committee (2010-2012). He has been a member for the IEE Fellow Committee since 2012 and the Strategic Planning Committee in 2013. He was the Vice Chair for the IEEE TFA Committee in 2014. He has led an Ad Hoc Committee to Review the IEEE Fellow Evaluation Criteria and Process since June, 2015, and then made final recommendations to the Board of Governors for the IEEE ComSoc inDecember, 2017. He has been editorial board member for the IEEE Internet of Things Magazine (since 2018) and Advisory Board Member for the IEEE Fog/Edge Industry Community (since June, 2019).

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