Check out these six links that we’re recommending to one another:
Never trust a corporation to do a library’s job – The Message. “Andy Baio takes Google to task for having lost its mojo when it comes to organizing the world’s information — even the information that isn’t lucrative. Writing about archive.org‘s recent push to make ancient video games playable, he says, ‘this software emulation project feels, to me, like the kind of thing Google would have tried in 2003. Big, bold, technically challenging, and for the greater good.'” (Alistair for Hugh).
The Folly of the Unicorns – Pacific Standard. “What is a company really worth? Are valuations completely out of control? Is this a bubble? If this past year is any indication, we are always going to be asking these questions, and the answers don’t really matter. Companies getting money on valuation is super-similar to bands that get signed to a major record(back when that actually meant something). I don’t think companies are getting valuations based on anything other than hardcore gambling. The people/corporations handing out the money had a few wins in the past and they’re sprinkling this money everywhere in the hopes to have a few more. It’s a strange system, but it is the system we have been using for a long time. Go and hug a unicorn, will you?” (Mitch for Alistair).
The Economist’s Tom Standage on digital strategy and the limits of a model based on advertising – Nieman Lab. “Our media landscape would be looking very different if editors and publishers had come to the realizations in this article about a decade ago. The fundamental challenge to media and publishing models is that advertising is no longer based on a scarcity model. It is abundant… and now, the robots are starting to take over. Knowing what your product is, optimizing it and figuring out a real revenue stream (one, where advertising compliments it) will be the nature of a successful media organization going forward. This is a great read.” (Mitch for Hugh).
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