Truth for sale
Who Will Monetize Truth? asks Francesco Marconi in a long, thoughtful paper. Pull quote: “Content is free. Intelligence is not. The entire media industry is being repriced around that distinction.” HT to Rasmus Kleis Nielsen for linking to it here, and sharing this excerpt:
The media industry is splitting into three different species. The Intelligence Business, the Attention Aggregator, and the Public Good. Only the first has pricing power in an era of abundant content. The second faces structural collapse not because awareness lacks value but because AI is making it free. The third will not survive as a business and it needs a different funding model entirely. These are not stages of evolution. They are distinct businesses with distinct economics. The classification is determined by who pays and what they do with it … The question for every institution is not whether to move right. It is whether it has intelligence assets trapped inside a content wrapper.
My perspective: The media industry is morphing from mainstream to allstream, and the hardiest grass roots might be news commons.
Reheating
Death Kept Warm is a post I put up in 2007 and forgot about. But it is getting some action now. No idea why, but I do notice that most of the links in it fail. Later, when I have time (if ever), I’ll find what can be found and fix the links.
Same goes for Customer Commons and MyTerms, btw
“Creative Commons is one of the most amazing feats of stunt-lawyering ever attempted, and it has been an unmitigated success, with tens of billions of works licensed CC, including all of Wikipedia. Like EFF, CC is a charitable nonprofit that depends on individual donors to keep its work going.”—Cory Doctorow
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