One Aging Geek

Thursday, June 30, 2005

PBS | I, Cringely . June 30, 2005 - Accessories Make the Nerd

Good, as usual, insights from Cringely.

PBS | I, Cringely . June 30, 2005 - Accessories Make the Nerd

The fact is, as one of my friends likes to say, this Web 2.0 blather "supposes a world where entrepreneurship is not necessary to establish a large, successful, data-driven business. Why will the people do any of this extra-laborious mark-up? They won't. There has to be something in it for them. That something has to be invented and executed, earned with capital. Don't give me the socialist vision of 'the masses will undo the monopolies.' The new monopolies will undo the monopolies, and the masses will be along for the ride, deriving lots of value from the fighting: Prices will go down, new differentiating services will be invented, etc."