TechCrunch’s Mike Arrington is on my favorite show tonight talking about the future of technology along with Chris Anderson of Wired. (not to be confused with TED conference coordinator Chris Anderson).
Ha – just got a Tweet from Mike that he hasn’t even seen himself yet since it’s not on in CA yet.
On sharing his next book before it is even out: “Open Source” the idea, leading to a flood of more ideas, which in turn enrich everybody. “Google doesn’t show up on your credit card bill”.
Anderson’s provocative points are about how “free” is becoming a key concept in the digital economy, and may trump
Where does the some $360,000,000 that Craigslist saves the economy go? Back to us, says Chris. Hey thanks for the fish Craig Newmark!
Commodity information “needs to be free” vs unique information which may need to be expensive.
Radiohead as using digital economics for what it’s good at, and stimulate demand for the scarce thing – seeing the band in person, endorsements, and T shirts.
You cannot erase yourself from the web. Shifting from privacy to self-promotion.
Anderson: Yes, MS will get Yahoo.
Google as algorithms, Yahoo as a people business. Google and the “machines first” culture are winning. Microsoft, a pre-web culture, believes in software. Their success kept them from being hungry, but now they are.
Tech Bubble of 2000 was different. Softer landing this time?
Facebook: We’ll see narrowing of social networks (a GREAT point!). NING model may prevail. e.g. Chris’ own www.DIYdrones.com What is the right level of granularity?
Chris: “Everything I believe is written on the back of an iPhone”:
Designed in California, Made in China
* Net neutrality.
* China. Sites are filtered and slowed rather than outright deleted from the network. Companies are not happy with the policies, but reluctant to leave 187,000,000 internet users to the competition.
* Mobile space. Fundamentals are changing such that USA can compete now with other countries in the mobile space.
* Identity theft. US has done too little to fight this. Even Sen John McCain had his ID stolen a few years back.
* Education, computers, and internet access for schools. Government weak in this area, but also true that computers are often an educational distraction rather than enhancement.
* Economic implications: TV ads suck (great point Mike!), so internet ad share will increase. However also we’ll see TV and internet increasingly converge.
Mike’s online “about 100% of the time I’m awake”. TechCrunch startup database is one key focus. “We’re not worth 100MM”. (for more on TC valuation issues see the excellent Yahoo Tech TV interview with Mike).
Microsoft won’t back down and be embarrassed by the Yahoo deal. MS failed in search and fell off the online map. All the major search engines are roughly equivalent (great point Mike!). But Google has lots of publishers and lots of action at their own pages.
Amazon – transitioning to a services model. Renting services in the cloud is eliminating yet another high cost business barrier by providing high level infrastructure at low cost.
Startups and entrepreneurs: Modern day pirates. Gamblers. They value risk cf risk averse folks. YouTube’s 1.65 Billion sale as a surprise.
Can Facebook have their “Google Moment”, which for Google was figuring out pay per click advertising. Facebook as more innovative than Myspace. Can they invent something to generate a LOT of revenue? If yes, another Google is born.
Facebook’s friend based advertising model may be illegal because it’s implying an endorsement without the consent of the person.
BBC as a great site to review the condition of the world. Blogs as taking page views from the ‘big guys’. Comments as important. Blogs following Silicon Valley as a “trainwreck”, but blogs in general on the rise.
Is privacy an illusion? Harder to get email address than SSN (hmmm – I don’t think so…).
Obama fan. Tech potentially will make our lives much better. 3rd world education as exciting. Worrying about Virtual Reality. What happens when people want to spend all their time in VR?