December 19, 2006

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 of the fundamental economic characteristics of Web 2.0 is the distribution of production into the hands of the many and the concentration of the economic rewards into the hands of the few...

"It strikes me that this dynamic, which I don't think we've ever seen before, at least not on this scale, is the most interesting, and unsettling, economic phenomenon the Internet has produced."

Posted by William Blaze at December 19, 2006 03:34 PM