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  1. Michael H. Goldhaber » Blog Archive » Basic Transactions in the Old vs. the New Economies

    an attention transaction is rarely contractual, virtually never legally enforceable, and generally involves unequal attention on the two sides. Consider the case of someone speaking to a large, rapt audience; many pay attention to one, far more then he or
  2. Rough Type: Nicholas Carr's Blog: Sharecropping the long tail

    What's being concentrated, in other words, is not content but the economic value of content. MySpace, Facebook, and many other businesses have realized that they can give away the tools of production but maintain ownership over the resulting products. One
  3. Techdirt: Are Sites Like Digg, YouTube And MySpace Still Exploitation If People Get What They Want?

    Those who complain about the lack of monetary payment are under the same delusion as Carr, that benefits like attention are somehow separate from the cash-based economy. Just because some of the direct benefits are not in cash, doesn't mean that one side
  4. Is The "Traditional Venture Capital Model" Broken?

    commodization of the core infrastructure of the technology business. community powered development environments - ie open source. software delivered as a service over the internet. a movement toward lightweight web services - ie web 2.0.- the globalizatio

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