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February 27, 2007

Charles Leadbeater + The Carr-Benkler Wager



"Google is paying close on 900m for Youtube, a profitless business little more than a year old. Wikipedia continues to draw more traffic than much more established media brands, employing hundreds more people. Open source programmes such as Linux insistently chip away at corporate providers of proprietary software. Immersive multi user computer games, such as Second Life, which depend on high levels of user participation and creativity are booming. Craigslist a self help approach to searching for jobs and other useful stuff is eating into the ad revenues of newspapers. Youth magazines such as Smash Hits have been overwhelmed by the rise of social networking sites such as MySpace and Bebo. What is going on?

We-Think: the power of mass creativity is about what the rise of the likes of Wikipedia and Youtube, Linux and Craigslist means for the way we organise ourselves, not just in digital businesses but in schools and hospitals, cities and mainstream corporations. My argument is that these new forms of mass, creative collaboration announce the arrival of a society in which participation will be the key organising idea rather than consumption and work. People want to be players not just spectators, part of the action, not on the sidelines." Continue reading We-think.

What is the Carr-Benkler wager? by Charles Arthur, Thursday August 3, 2006, The Guardian:

Though sounding like something out of higher maths it's much simpler: a bet between two high-profile bloggers about whether in two years (or perhaps five) people will get paid for submitting content to sites like Digg and Flickr.
On the two sides: Nicholas Carr, a former executive editor of the Harvard Business Review; and Yochai Benkler, a professor of law at Yale University whose book, The Wealth of Networks: How Social Production Transforms Markets and Freedom, suggests that new types of collaboration let people be more productive than profit-seeking ventures.

Posted by jo at February 27, 2007 09:36 AM