Content Is Crap: A provocative column by Arnold Kling on why info-mediaries still matter, written in light of the much-hyped launch of Creative Commons, the “copyright for dummies” software/service backed by Lawrence Lessig. “Creative Commons is based on a naive ideology that believes that raw content is gold, which then gets stolen by the evil media companies. In reality, the economics of content are that most of the value-added comes from the filtering process, not the creation process. If you want to overthrow incumbent publishers with Internet-based alternatives, you are better off starting from the assumption that Content is Crap.”
The article has provoked reactions from all around: see Kling’s blog on Corante.
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