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From Information Scarcity to Information Abundance
Information abundance is not about digitalization and copying but is about the perception, analysis, comparison, exchange, reuse and evaluation of facts.The Energy President
"In the world of energy and scarcity, the name of the next president will matter to us quite a bit. ‘People are policy,’ as Ronald Reagan used to say." &#How to Profit from Scarcity — HBS Working Knowledge
The launches of the iPhone and final Harry Potter book were textbook examples of companies profiting in part by creating the illusion of scarcity. explains the advantages of this strategy when executeThe Market Function of Piracy
"...if some companies give away merchandise to expand market share, what's not to like about having someone else take on the expense of manufacturing and distributing the goods, as long as they'rIf Resources Aren't Scarce, Why Do You Need A Market?
"When the resources aren't scarce, you don't need them to be efficiently allocated. They're infinitely available and allocation no longer matters because everyone who wants it can have it."Give away the music and sell the show
"Meanwhile, the one thing that you can't digitize and distribute with full fidelity is a live show. That's scarcity economics [...] in an era when digital products are commodities, there's a premStep One To Embracing A Lack Of Scarcity: Recognize What Market You're Really In
"It's interesting to note that it wasn't horse-drawn carriage makers who became successful automobile companies." Seriously, read what this guy is saying. He's talking a lot of sense.Infinity Is Your Friend In Economics
"So the trick to embracing infinite goods isn't in limiting the infinite nature of them, but in rethinking how you view them. Instead of looking at them as goods to sell, look at them as inputs iCan't Let People Learn If They Don't Pay Up First
"...if these book publishers really think that they can't provide significant enough value to make someone pay, they shouldn't be in the publishing business at all -- which, perhaps, is what theSecond Life, Economic Evolution and the CopyBot
"As Sven Johnson suggests, the important story here isn't about Second Life per se, but about the clash between a scarcity-based economy and an abundance-based world." Jamais Cascio on the CThe Economics Of Abundance Is Not A Moral Issue
"Economics is not a moral issue. It doesn't care about anyone's "right" to make money from their creative output... and neither should you. The idea that anyone automatically has a righMore on the Economics of Abundance
"Most truly disruptive technologies disrupt because they take a scarcity assumption and, thanks to some technology that generates abundances, simply turn it on its head. Just think VOIP..."The Importance Of Zero In Destroying The Scarcity Myth Of Economics
"...the point is that if you understand the zero, there's nothing to worry about and the model works perfectly. It just requires a recognition that the scarcity doesn't exist. Instead, you have aEconomics Of Abundance Getting Some Well Deserved Attention
"...the problem that occurs when people focus too hard on the idea that economics is the study of resource allocation in the presence of scarcity. That only makes sense when there's scarcity -- aNature as an Information Economy
Jamais Cascio strikes again. Food for thought.Can 30% of us drag the rest into the post-industrial age?
Momus on post-materialism.
