Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Tuesday, July 31, 2007

The cold, cold heart of Web 2.0

This article over at The Register is well worth the read, although I can't put my finger exactly on why.

It's an opinion piece by William Davies, a sociologist, about the application of economic theory onto the internet, specifically how the theories of a guy called Gary Becker relate to Web 2.0.

I realise that it sounds, from that description, very dry and boring, but in actuality it raises an interesting point about the flash-in-the-pan nature of internet trends and how that affects the impact of consumer-created content that's the flagship of modern internet business.

(Also, I know my post titles are getting less original - I'm resorting to stealing the title of the article I'm linking to - but it's better than having a bunch without titles.)