"He goes after the quality of two crappy Wikipedia entries and with them rejects the whole notion of amateurism. Except I could show him many articles in my local papers that are crappy. Does that negate the value of all newspaperdom and all journalists?"Interesting article on Web 2.0 and the evolving relationship between companies and the customers they serve. Ultimately, the internet will enhance our lives because more information is better -- for everybody; buyers, sellers, producers, consumers, creators, companies , individuals, politicians, PACs, everyone -- than less.
Monday, October 24, 2005
Jeff Jarvis gets it right
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The principle that makes markets efficient applies well to information. Let competition exist for ideas,news, opinion, and a free market will efficiently evaluate the value (or accuracy/insight/truth) of the information. Especially when software and makes it trivially easy to rate ideas or comment about ideas -- this reduces the economic "friction", allowing quicker convergence to high-quality ideas.
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