The Declining Value of Information #
December 10th, 2008 | In Worth Considering
Clay Shirky wrote this paper in 1997. His point is still sinking in:
The price of information has not only gone into free fall in the last few years, it is still in free fall now, it will continue to fall long before it hits bottom, and when it does whole categories of currently lucrative businesses will be either transfigured unrecognizably or completely wiped out, and there is nothing anyone can do about it.
(via Andrew Simone)