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THE ECONOMICS OF ABUNDANCE Chris Anderson, Wired
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What happens when things get free?
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Waste is Good
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Alan Kay, Xerox PARC (1972)
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Waste Transistors
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Waste Storage Over 2775.261837 megabytes (and counting) of free storage so you'll never need to delete another message (Remember Your mailbox is full? What was that about?)
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Waste Bandwidth
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For the first time in history, complexity is free
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Scarcity Abundance
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Scarcity Abundance
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Scarcity Abundance
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Scarcity Abundance
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Scarcity Abundance
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The Long Tail of Media NYT CNN WashPost AP BBC SF Chron Guardian Yomiuri Wired Boston Globe Times UK Forbes Time Fox News Biz Week PBS NPR MNSBCMTVCBS News CNN Money TelegraphCBC.caSydney Morning Herald SJ MercChic TribReutersIHTWSJEconomistFTESPN Post- Gazette PR Newswire
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Scarcity =
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Abundance =
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Scarcity: Guess
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Abundance: Measure
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Scarcity: NO
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Abundance: YES
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BUSINESS MODEL ROI MemoWell figure it out ScarcityAbundance
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RULES Everything is forbidden unless it is permitted Everything is permitted unless it is forbidden ScarcityAbundance
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SOCIAL MODEL Paternalism (we know whats best) Egalitarianism (you know whats best) ScarcityAbundance
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DECISION PROCESS Top-downBottoms-up ScarcityAbundance
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MANAGEMENT STYLE Command and Control Out of Control ScarcityAbundance
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Blog: thelongtail.com
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