Isn’t interesting that industries that use outdated business models tend to die. In the 1800’s Candle and Tallow makers were fearful of their futures and even in two hundred years ago, there were people that paid out on the protectionist industry. The following is copied in toto from http://www.panarchy.org/bastiat/petition.eng.1845.html Read it, cogitate [...]
In the last week Universal Music announced that it had signed a long term deal with Big Champagne to get metrics of online music activity. Now since Universal rarely does anything that doesn't have a pretty direct profit motive, I have to figure that, though they may think that it is useful to have data [...]
Modern capitalism was built substantially if not totally using the concepts that were originally set down by Adam Smith in his work, “The Wealth Of Nations” Smith was actually totally against the idea of the power of a marketplace being concentrated in the hands of a few. In a true open market place as imagined [...]
Or Foxtel Continues Ignoring the Facts A few weeks ago I pointed out that P2P pushback was no doubt partially caused by an over-abundance of adverts in Australian cable TV, To illustrate my hypothesis, I analysed a popular show – “Terminator – The Sarah Connor Chronicles” series currently running on Foxtel. In the first [...]
This might be the first of a sequence of blogs on possible commercial opportunities arising from global warming. Most of us agree that global warming is caused, or at least worsened, by atmosperic carbon released by burning coal. There has been talk of clean coal and carbon sequestration (pumping the carbon dioxide into underground cavities). [...]
This story is about the illicit use of copybot to copy virtual objects in the Second Life virtual world. Please see this cnet report. The relevance of this to recent debates on Long Tail about the economics of abundance is worth considering. It reflects current issues around the disruptive influence of replication tech in the [...]
Paul Bambury appears to have been thinking and writing about the Economics Of Abundance ahead of Chris Anderson. Here is a paper he published earlier this year. The native Internet culture has adapted to this imaginary Internet space, which is by definition abundant. Information – the predominant property or commodity – is abundant and largely [...]
Chris Anderson has a new meme. Hot on the heels of The Long Tail, he is now talking about the Economics of Abundance. In reality it is pretty much an extension of the Long Tail hypothesis, but as a meme, it may catch on faster and build its own momentum as noted in this comment. [...]
Interesting news feeds from the Wall St Journal today: Here are a couple of topics: Overall DVD sales are stalling – Unit sales fell 4.2% Q3 year on year and 1.7% down in Q2. And at the same time more titles are hitting the shelves…. they had better be hoping for a really long tail! [...]