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It is an abstract model that should influence the way network components are designed, to facilitate interchangeability, compatibility and standardization. 
In this sense it is one of the core artifacts that symbolizes and determines the pipeability of interconnected network infrastructure. On the other hand, the interconnectedness goes together with an enforcement of new standards and efficiencies which also determines which 'segments' fit in the pipe and which don't. i.e. the generalized desire for interactions that only broadband connection can facilitate also means an exclusion of previous network models that can't provide the bandwidth for streaming HD videos.
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