This post is a bit vague and more a snapshot of ideas than anything else, but hey it is my blog.
In Business Week a Yale Law School professor, Yochai Benkler, has put together a paper on the changing nature of our economy that is being fuelled by the Internet and cheap computing power. Benkler has dubbed the new economy “commons-based peer production”, to me it sounds a lot like the economics defined by Chris Anderson with the Long Tail, am I missing something and just calling something the long tail that really isn’t?
A point to note he claims that this new economy will be disruptive but will not impact all areas of the current market system, one example “novels won’t be produced in this way”, hang on what about Naked Conversations?
This interview is part of a larger feature from Business Week on the Future of Technology, an interesting read but kind of makes your brain hurt. There is also a great graphic on the migration of the internet from “one to one” to “many to many”.