"For my part, I started Brain Pickings more than six years ago as what’s commonly referred to as a “passion project” (though I don’t like the fleeting noncommittal relationship this phrasing suggests) and didn’t have a business model — but I did have a crystal-clear editorial model, which remains the same today: get people interested in meaningful cross-disciplinary things they didn’t yet know they were interested in, and in the process empower their networked knowledge and combinatorial creativity; break out of the filter bubble, if you will, though conceived long before we had the very vocabulary to articulate it. So when an aggregator like the Huffington Post, a business-model wolf wearing an editorial-authenticity sheep’s skin, takes my (ad-free) content and regurgitates it on its (ad-plastered) site, it lives up to the term “parasite” at the heart of Levine’s argument, derived from the Greek parasitos and used to describe “someone who ate at someone else’s table without providing anything in return.”"

"Cryptocurrency is coming. It could be Bitcoin, it could be something else, it could be a new trading framework that incorporates many cryptocurrencies. The important thing is that in a decade’s time, governments will have lost the ability to look into their citizens’ wealth and income.

This, in turn, means that no taxation or welfare can be based on wealth or income.

I argue that the proper way to tackle this problem from an information policy perspective is to shift the taxation base entirely to consumption and therefore shift all income tax to VAT. To keep taxation progressive, and to keep welfare systems functional, you will also need to combine it with a basic unconditional income for every citizen that amounts to some level of minimum sustenance."

"I keep underscoring rent be cause its mirror image is patronage (in the modern, commercial sense). The former is a form of excise, the latter is a gift. It equates to people donating their surplus to you because they want you to have it—because they're confident you'll put it to good use. You can use that surplus to do interesting and valuable things. Push too hard, however, and they'll abandon you altogether."

"Those that are mastering allocative and creative advantage, in contrast, are learning to create thick value: authentic economic value, that's meaningful to humans. That's why allocative and creative advantage are the equivalent of economic superweapons. They are letting today's revolutionaries stun, stagger, and vaporize rivals, no matter how big, bad, or historic.

And that's never mattered more. An economy built on extractive and protective advantage is a giant, endless Ponziconomy. Value is transferred from one party to the next — but little is created anew. That's what we're finding out the hard way. Only through creative and allocative advantage can we rebuild a more meaningful economy."

"[W]hy didn't prints displace paintings the same way that printed books displaced manuscript codices? Why didn't it become expected that visual artists, like writers, would primarily produce works for reproduction?"

"If the Internet has a motif, it is rock 'n' roll's Protestant Reformation thrashing against the orchestral One Church. Rock 'n' roll gets lots of wee kirks built in every hill and dale in which parishioners can find religion in their own ways; choral music erects majestic cathedrals that humble and amaze, but take three generations of laborers to build.

The interesting bit isn't what it costs to replicate some big, pre-Internet business or project.

The interesting bit is what it costs to do something half as well as some big, pre-Internet business or project."

"How fast is this going to happen? Well, Khan is already becoming famous. Last year CNN gave him airtime to explain the financial crisis. Why him, and not an economics Ph.D. type, you ask? Because he is understandable, and because some genius at CNN figured out that at least some of their viewers were able and willing to learn a little bit in order to understand what is going on."

"I proposed that a network of carts and tiny kiosks be set up to give away Streetfood to anyone who asks."

"You know that excellent explanatory piece you produced four weeks ago as a sidebar to a big news story on your topic? Rescue it from the archives and put it in a nice, prominent place online. Link to it with a clear, compelling headline.

Pull together a page online with links to several such explanatory pieces (from your site and elsewhere), along with good, useful digests of all of them. Make it so that users don’t have to visit every link to get a picture of the story, but have places to go when they want to know more. Set a recurring reminder to check in on this page once a week. Create a shortened URL for this page and repeat it every time you cover this topic."

"StraighterLine is the brainchild of a man named Burck Smith, an Internet entrepreneur bent on altering the DNA of higher education as we have known it for the better part of 500 years. Rather than students being tethered to ivy-covered quads or an anonymous commuter campus, Smith envisions a world where they can seamlessly assemble credits and degrees from multiple online providers, each specializing in certain subjects and—most importantly—fiercely competing on price. Smith himself may be the person who revolutionizes the university, or he may not be. But someone with the means and vision to fundamentally reorder the way students experience and pay for higher education is bound to emerge."

"How far would and should news organizations be willing to go with this extended vision of membership? I can see newspapers as they have existed being quite uncomfortable with the idea of handing over control and even membership to the community. I can hear their fears of being co-opted or gamed. But that comes from still thinking of news as the property of a single company. Those days are soon over."

"The conventional rationale for copyright of written works, that copyright is needed to foster their creation, is seemingly of limited applicability to the academic domain. For in a world without copyright of academic writing, academics would still benefit from publishing in the major way that they do now, namely, from gaining scholarly esteem. Yet publishers would presumably have to impose fees on authors, because publishers would not be able to profit from reader charges. If these publication fees would be borne by academics, their incentives to publish would be reduced. But if the publication fees would usually be paid by universities or grantors, the motive of academics to publish would be unlikely to decrease (and could actually increase) – suggesting that ending academic copyright would be socially desirable in view of the broad benefits of a copyright-free world. "

"Judging by the quality of much of the popular press, most of what gets published these days doesn't get edited in any meaningful way. Some of that is probably the fruit of cost cuts over the years, but I worry that some of it is a loss of the sense that it's supposed to happen at all."

"I am 6.5 times as likely to be happy that I have spent my time reading one of the top stories in my RSS reader as I am to be happy that I have spent my time reading one of the top stories printed by the New York Times and the Washington Post."

"The press has become journalism’s curse, not only because it now brings a crushing cost burden but also because it led to all these myths: that we journalists own the news, that we’re necessary to it, that we decide what’s reported and what’s important, that we can package the world for you every day in a box with a bow on it, that what we do is perfect (with rare, we think, exceptions), that the world should come to us to be informed, that we deserve to be paid for this service, that the world needs us."

"One person who hands out a lot of leaflets these days is Lynne Price, a local activist known affectionately as “Gobby Lynne”. Yet she gets much of her information about planning proposals, crime and so on from the internet. This illustrates one effect of the digitisation of information. As newspapers weaken and die, most people probably become less informed about local affairs, but a few motivated folk grow extremely knowledgeable. Ms Price will miss the Bedworth Echo, but not as a source of news. It was, she says, a useful way of getting the word out."

"I find it humorous to watch as IT organizations debate the merits of iPhone in the enterprise. CIOs and CTOs of major companies cite a plethora of reasons why iPhone isn’t ready for the enterprise; they bat these notions about like a piñata at a Cinco de Mayo celebration. But few of these uptight C-level naysayers seem concerned about hungry competitors and organizations with disruptive products and business philosophies who will adopt iPhone as if their future depends on it. In fact, for many, their future does depend on technological alchemies surrounding the iPhone as a mobile application platform."

"It’s true that stupidity and malevolence do sometimes play a role in the disruption of industries. But in the first part of this essay I’ll argue that even smart and good organizations can fail in the face of disruptive change, and that there are common underlying structural reasons why that’s the case. That’s a much scarier story. If you think the newspapers and record companies are stupid or malevolent, then you can reassure yourself that provided you’re smart and good, you don’t have anything to worry about. But if disruption can destroy even the smart and the good, then it can destroy anybody. In the second part of the essay, I’ll argue that scientific publishing is in the early days of a major disruption, with similar underlying causes, and will change radically over the next few years."

"While debating what makes for good journalism is worthwhile, and is clearly needed, it prevents the discussion from advancing to any analysis about the greater good that can be gained from audience participation in news. Furthermore, the debate often exacerbates the differences primarily in processes, overlooking obvious similarities. If we take a closer look at the basic tasks and values of traditional journalism, the differences become less striking."

"The job of digital concierge grows in significance as more and more material is introduced to the market via the web. As mentioned above, the web community around an author almost becomes their studio where new material is introduced, discussed and ‘published’. The author will require a digital concierge who will marry and blend the appropriate technology tools so they are not a distraction to the content producer and they compliment the experience of the consumer. There is much to ponder here as trade book content moves to the web and the role of the publisher changes. While the job description for the digital concierge may not be written yet, I see this position as potentially critical to the successful migration from a trade print world to one dominated by social communities."

"In my mind, people don’t earn lawsuits. They win them. When I decided to publicly speak out against the Hearst Corporation in no way shape or form did I ever consider winning an individual lawsuit as any kind of victory. I am interested in being part of a movement that brings respectability, dignity and accountability back to the newspaper journalism profession.
I believe that the battle to do so must begin in the newsroom and not the courtroom. It must be first fought with our minds and with our integrity. This is not as difficult as some might think. We all know that newspaper publishers and owners lost both their minds and their integrity long ago."

"Many of these smaller dealerships are family enterprises; three and even four generations old. Their longevity is a testament less to Detroit's products and more to their smart and sharp business practices. And now that some of their competitors are closing they may do even better. Let's consider what business leaders can learn from these small-town auto dealers."

"I’ll go one step further - there are server-side software engines that can be used to stitch together PDFs from HTML files, so you could allow your reader to custom-build a magazine to their own specifications from your stock of stories and articles, and then buy a unique printed version. If nothing else, it would mean you could avoid paying for a magazine which contained a story by an author whose work you just don’t enjoy."

"After a bit of work we believe we have solved most of the practical problems that have to be taken care of before starting a free journal. This is probably the easy part. Now we have to decide if it is a good idea or not.

The aim is to have a high quality journal for the CG community that is run by the CG community and free to everyone (really free, no cost to publish and no cost to access). Obviously such a journal needs the support of the CG community to be successful. The work should be shared among the community, i.e., the editorial board and editorial manager(s) should be replaced regularly. "

"Collabforge is developing the online collaboration strategy for what will be a Web portal that helps Australians to find, navigate, understand and act on federal, state and local government environmental efficiency programs. The site will provide information for households, schools and small businesses, and is investigating options to best engage the public including via social media and web 2.0 opportunities."

"I would greatly appreciate a list detailing these security risks, the process by which they were identified, and the names and titles of the people at the DDA (or people who the DDA contacted) who have the necessary technical expertise to both determine and enact this identification process. A reply by email is sufficient, although I am willing to submit a formal FOIA request by mail for this information."

“Hi all. Over the last day or so I have talked about your project with a few DDA members and what arose from these conversations was a shared concern that because the project was not an initiative created by/run by the DDA there are no controls in place for this at present. For instance, there is no DDA policy about how to allow /or even if it should allow an outside group to use the DDA’s parking data for a private enterprise. There is a concern about how unsecure/secure the DDA website is made when sharing this data. And finally, a concern that if the project had value to parking patrons, that the DDA itself should consider providing this service as an extension of what it is already doing on-line.”

"In spite of the media’s general belief that readers have super-short attention spans, we’ve gained new readers – and you might have noticed that we don’t always write short."

"I’m continually amazed at the number of people that fear free digital content, believing that free digital content now will ultimately lead people to believe that all content is without value, that all consumers of books will somehow refuse to pay for digital content. The conflation of free and digital is one that is tossed around frequently, often based on the decreasing revenues of print newspapers and their inability to leverage or monetize their digital content. However, I don’t believe that the format defines whether content has value. The format might change the amount of the value expressed in monetary terms but I don’t necessarily believe that the digital form of content equals free. "

"Now, I’m in no position to refute those figures, but I don’t think it takes an economics expert to look at them and realise why the publishers are struggling at the moment; if their analysis people can only shave off $2 per unit by removing the printing, shipping, warehousing and remaindering from the equation, then there’s a business model that was on shaky ground before the ebook entered the picture. I suspect the bits I’ve bolded are where the haemorrhaging could be stemmed most effectively."

[Insert triumphalist Collaborationist pronouncement that I will someday be forced to make sheepish fun of here]

This is more cool than I expected anything to be in 2008.

"Now we would ask the average book publisher what they see themselves as? We would guess that 'rights manager and owner' wouldn’t be on the tip of most tongues. Some would say that publishing isn’t about books it’s simply about content and rights and understanding the market and channel to it. If we were to look at the trade as a rights trade what would that mean moving forward?

Why do we presume that the physical content will merely morph into the digital. History has surely taught us that media survives but has to adapt to new forms. Fiction is not about books of 75,000 words or 250 pages, its more about telling a good story that captivates, engages and stimulates readers. Why does this have to be any specific length? "

"Here’s what I think: I think we would see a flourishing of innovation and the kind of excitement the book business has not seen since the paperback was invented. These companies (sellers and publishers) aren’t all going to close their doors, but a good number might."

"Don’t expect it to last, though. As the brands recognize that they are being bilked – rather, that there is at best a tenuous link between consumption of their goods and consumption of the free content they are sponsoring, they will be less likely to foot the bill. For the beneficiaries of free content, the internet is unraveling this whole ecosystem with unwavering speed."

"Communicate, communicate, communicate. If you don’t tell your story, someone else will. Vickie Elmer has been interviewing people for an article about changes at The News that’s scheduled to run in the January edition of The Ann Arbor Observer – it’s probably already being delivered to local households. If The News itself had been frank about what’s happening there, she wouldn’t have much of a story to tell. And I would be writing a much different column than the one you’re reading today."

"The purpose of the committee is presumably to ensure that the company doesn't waste money. And yet the result is that the company pays 10 times as much."

"As always, the question will be: What new rules and rule-setting venues emerge? Because eventually they must. The Asian Flu didn't do it, nor have any of the other more regional shocks since, but eventually you need some entities to emerge to monitor and manage these cross-border financial flows. This gap has been clear for many years, but as long as informal collusion among the largest economies has worked--just well enough--no one's been willing to surrender the power. Maybe this perturbation, then, is really the one.

That's how you need to view this global churn in a grand strategic sense: the opportunity to fill in profound rule-set gaps generated by all this rising connectivity."

"Malamud is spoiling for a major legal fight.

He has begun publishing copies of federal, state and county codes online -- in direct violation of claimed copyright.

On Labor Day, he posted the entire 38-volume California Code of Regulations, which includes all of the state's regulations from health care and insurance to motor vehicles and investment.

To purchase a digital copy of the California code costs $1,556, or $2,315 for a printed version. The state generates about $880,000 annually by selling its laws, according to the California Office of Administrative Law."

"Librarians are being moved from intermediaries (mediating between patrons and information), and some say they are being disintermediated. However, I think they are on their way to becoming apomediaries when it comes to information access.

Publishers have traditionally been intermediaries between authors and readers, but some experiments (PLoS One, Wikipedia and the like) seem to indicate that they are moving into the realm of serving as apomediaries. In the realm of blogs, apomediation is the main force affecting much of the talent running blogs. Publisher intermediation is not what it once was.

Google is perhaps the most prominent apomediary, guiding results to the top based on apomediation.

Apomediation feels like the net effect of an information economy that no longer operates on a scarcity model. Now, information is readily available any time. Intermediaries will still be needed, but less often than before, in fewer roles, and for shorter durations."

"... If the bus company has to meet labor, environmental, and equipment standards to cart passengers around for a fee, it could easily be undercut by unlicensed shared-ride operations, it says. Whether that turns out to be true or not, Trentway finds itself in the same basic situation that existing business like Encyclopedia Britannica faced when free or low-cost upstarts like Wikipedia threatened to crowd-source their core product into oblivion"

"In this context, hyperlocal will have to be hypersocial: it will have to be biased, take sides, stand for something, and be written by networks of partisans."

seeing this as the tail-end of a much longer discussion....

One wants to know how set boundaries may be made fluid again. One wants, I think, to let people do what they enjoy. There are enough of us for that.

"Revolutions don’t happen without revolt. The public has been revolting since 2000. And those in power have continued to sit in Versailles. The beheading has begun."

Never yet have I thought of candygloss, whitespace and user-generated content as a "threat". But I can see how it is. BUT NOT TO ME.

Room, perhaps, at both ends: the high-end that Dean Dad suggests, and maybe the other end as well....