Just that the utopian rhetoric of social-networking aside, the lesson of media history is that, regardless of the rise and fall of media conglomerates, media is almost always about The Few profiting at the expense of The Many's attention. To put that another way, The Many are actually investing their mind share -- their currency in the Attention Economy -- in a way that leads, for the most part, to the enrichment of The Few. To put it rather cynically, a certain portion of The Many are getting ripped off -- deprived of more and more of their mind share for little or no gain (or possibly a big loss).
Tuesday, April 21, 2009
The Big T
Celeb Twitterers are taking us back to a pre-Web 2.0 era. (Advertising Age)