Originally posted by safesys
Its catch 22, and theres no commercial reason why this cycle would change as far as I can see.
Let's face it, the only people really pushing for new extensions are the registrars, who understandably see it as a cash cow. They can count on specultors and defensively-registering major TM holders to buy this very low-cost (to "produce") commodity.
As for the usefulness of a "special-purpose" gtld like ".info" filling some kind of need, that can easily be met through the original extensions, and moreover, would require a level of content-enforcement that would be impossibly expensive.
Also, as for ".com" being somehow associated with failure, that's like saying the entire internet is associate with the failure of the so-called "new economy," so we need to build another network and call it something else.
I think even the newbiest of newbies can understand ".com" is just an address in cyberspace, not a business model.
And as for running out of names, that argument also doesn't ring true. The .com namespace still has a substantial number of good business naming choices available, and other than the top-tier domains, the others regged by speculators can usually be purchased for a reasonable price.
One other thing...the .info namespace seems tremendously limited because of it's supposed function. The only things that really apply to the .info namespace is generic topics (health.info, investments.info, france.info, etc). No one would use this extension for corporate naming.
Miles
P.S. Those like myself who feel .com will continue to hold its value as the internet's primary extension (outside of country codes within their associated countries) do so not out of sentimentality, but out of a sober consideration of the internet's entire namespace. No one, of course, has a crystal ball, but nevertheless, the commercial side of the internet, at least in North America, seems permanently attached to the .com extension.