Services are not offered for free at all. There is an exchange of value between users, the creators of the raw material - data, content, and meta-data, and the network where that data is converted into insight. This exchange is still governed by the basic laws of economics but the currency is not dollars, it’s attention.
Brad Burnham, Union Square Ventures
Chris and Malcolm are both wrong
(via fred-wilson)
(via blakewhitman)
(via mikehudack)
(via brandpluscontent) This is indicative of a greater problem that most industries are facing - the idea that massive change means that none of the old rules, not matter how proven and logical, apply at all.27 notes
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