2 posts categorized "abundance"

February 08, 2008

Dugg: Andrew Keen is the Anti-Chris

In this podcast Moira Gunn speaks with author Andrew Keen, who claims that today's Internet is killing our culture. With descriptions like "dystopia", "Orwellian nightmare", and "tyranny of the amateurs", Keen explicitly disagrees with Chris Anderson on the virtues of the Long Tail and the abundance of free content.

Anderson's more optimistic views on emerging economies of abundance and the business of "free" are well captured in another podcast on IT Conversations from June 2007, as well as in his keynote at the Nokia World event in Amsterdam, in December 2007 (which I blogged about earlier today).

Keen describes Web 2.0 as a stage in the development of the Internet in which businesses attempt to build revenue models around user-generated content, whereas during Web 1.0 businesses explored the Internet as a new distribution channel for their existing, professionally produced content.

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Dugg: Chris Anderson: 'Free' | Nokia World 2007

(streaming video and downloadable .mp3)

At the Nokia World event in Amsterdam in December 2007, Chris Anderson discussed themes from his upcoming book, 'Free', in which he argues that when the price of production and distribution of (digital) content (and services) approaches zero, you might as well treat it as if it were free, and sell something else.

Open your mind to create new business models around "free", in an economy of abundance.

We are entering a world in which every way that content (and even physical products) can be created, WILL be tried, because it costs next to nothing to do so.

The old scarcities are: time + money. The new scarcities are: time + money + attention + reputation.

When working with Intel, Chris tells, they did a thought experiment. What about, instead of selling hardware and software as 1+1, selling it perhaps as 0+2?

Is Chris suggesting that Nokia should give its devices away for free in order to sell MORE services?
Could and should we move from selling hardware+software as 1+1, towards 0+morethan2?

To put it more urgently: is this the ONLY way to go?

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