Podcast on The Great Monetization Debate
Author of The Long Tail and Wired Editor, Chris Anderson, has for a while been writing his new book about business models that use the “zero price” effects of the Internet to boom instead of bust.
Echoing that is this podcast:
Mike [contends] that the principle of supply and demand implies that digital content, for which supply is infinite, must logically have a price of zero … The correct supply to measure is not that of a given piece of content (which is obviously infinite) but of a given [kind] of content. Seen is this light, the supply is actually severely limited, and the pricing mechanism would act as expected, stabilizing to provide the correct level of motivation for people to create new content.
This seems to be a useful reference for how the Internet transforms property into service, usually a service making the new and bespoke.
Get it in High quality, 57 Mb and low quality, 14 Mb.
The Podcast on The Great Monetization Debate by David Crossland, except the quotations and unless otherwise expressly stated, is licensed under a Creative Commons Attribution-Share Alike 3.0 Unported License.
April 14, 2008 |
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