Moreover, we will present estimates for different scenarios – of slow and rapid adoption of the new technology – that should cover the range of possible out- comes with a good approximation. Third and last, our approach neglects some of the positive effects exerted by the introduction of cloud computing, mainly the cre- ation of new network effects and the positive externalities due to energy savings. Their consideration would be subject to excessive uncertainty, but because of this we can look at our estimates of the impact of cloud computing on the economy as conservative estimates. In the rest of this section we briefly describe our baseline model,.
