Telecommunications has had a storied history in America. Many people know about the AT&T split of 1984, but this wasn’t the first time that the government imposed changes to telecommunications companies.
The biggest such occurrence was probably in 1926, when AT&T ended a long battle with rival RCA. This agreement saw AT&T selling its radio broadcasting assets to RCA and focusing on telephone business, which it had developed as a natural monopoly. RCA would have a temporary monopoly on radio broadcasting equipment.
This change lead to AT&T’s longstanding natural monopoly on the telephone. Many changes imposed by the government over the years, including the big break up of 1984 have lead to the erosion of this monopoly. However, AT&T still owns and operates the physical phone line equipment that all other providers in America use.
My favorite theory is the social cognitive theory. This theory deals with the idea that people can learn something through social interactions and observation of others. It’s a simple theory that has widespread support, even though most of us don’t know about it.
Looking back, I think that most of my skills and knowledge was obtained through the social cognitive theory. School and college certainly are the biggest example, as they try to teach through lecture and activity surrounding each subject.
This is also a theory I have actively used myself when trying to learn something new. When studying drawing for a hobby, I don’t always just take a piece of paper and attempt a drawing technique. I will usually watch an instructional video with someone doing it, observing at how the movement and pressure creates the technique. Doing this is almost like a eureka sensation, as doing the new technique will suddenly be so much easier.