Economic Crisis Will Eliminate Open Source
An anonymous reader writes "The economic crisis will ultimately eliminate open source projects and the 'Web 2.0 free economy,' says Andrew Keen, author of The Cult of the Amateur. Along with the economic downturn and record job loss, he says, we will see the elimination of projects including Wikipedia, CNN's iReport, and much of the blogosphere. Instead of users offering their services 'for free,' he says, we're about to see a 'sharp cultural shift in our attitude toward the economic value of our labor' and a rise of online media businesses that reward their contributors with cash. Companies that will survive, he says, include Hulu, iTunes, and Mahalo. 'The hungry and cold unemployed masses aren't going to continue giving away their intellectual labor on the Internet in the speculative hope that they might get some "back end" revenue,' says Keen."
Advertising + Blogs = continuance of our current model.
Can someone please mod this story as flame bait?
wud
This guy is under the assumption everyone who works on open source technology is after financial gain. Very short sighted
This is nothing but a re-hash of Bill Gates' screed against the Homebrew Computer Club about how good software will never be created without paid programmers. It was wrong in then, and it's still wrong.
Surely with more people sitting at home, unemployed, with nothing to do other than look for a job, and desperate to make their cv stand out more than everyone else in there situation, the amount of speculative work produced may in fact rise?
No, the hungry and cold unemployed IT guys will invest their time into open source projects, because it 's a good way to keep their curriculum in shape. And the hungry and cold unemployed will keep using linkedin and facebook to extend their network inorde to find a job. And ofcourse, businesses in difficulties will stop throwing money away for overrated software when they can get a free and open equivalent.
I think a crisis will definately have a positive impact on open source and web 2.0
- Never underestimate the power of human stupidity.
"For all of us, there comes a time on any given day, week, and month,every year and in different degrees over our lifetimes, when we choose to act in some way that is oriented toward fulfilling our social and
psychological needs, not our market-exchangeable needs. It is that part of our lives and our motivational structure that social production taps, and on which it thrives. There is nothing mysterious about this. It is evident to any of us who rush home to our family or to a restaurant or bar with friends at the end of a workday, rather than staying on for another hour of overtime or to increase our billable hours; or at least
regret it when we cannot." --Benkler, _Wealth of Networks_
"Human beings are, and always have been, diversely motivated beings. We act instrumentally, but also noninstrumentally. We act for material gain, but also for psychological well-being and gratification, and for social connectedness. There is nothing new or earth-shattering about this, except perhaps to some economists. " -- Benkler, _Wealth of Networks_
Returned Peace Corps IT Volunteer
"Blogs shift power from broadcasters to individuals"... yes thats good, but advertisers are also using misinformation on blogs, to create so called Flogs. So how many popular blogs are really Flogs? ... However many it is, they are definately trying to game the system, to get popular blogs which are really just flogs.
Advertising + Blogs + advertisers_with_no_ethics = Flogs
http://adage.com/smallagency/post?article_id=113945
e.g. "Sony and agency Zipatoni have come under fire for one of their marketing tactics for the Sony PSP. Sony has added its name to a growing list of flogs [fake blogs] including McDonald's, WalMart and Lonely Girl 15, that are being called out by consumers. This isn't the first time Sony has been caught and questioned about the ethics of its marketing practices."
There are 10 kinds of people in the world... those who understand binary and those who don't.
Well, give /. some credit for attempting to be "fair and balanced." FUD or not, I read this headline as a response to yesterday's article promoting exactly the opposite prediction from Red Hat's CEO http://linux.slashdot.org/article.pl?sid=08/10/21/0116221 that the financial crisis will be a major boon for open source software. You may recall that Keen is the same fellow who was pimping his book on The Colbert Report a few months ago claiming that anything given away as free is worth absolutely nothing and that the internet will collapse from all the amateurs who are creating content. Check out his biography and you'll learn that, as an entrepreneur at the turn of the last century, he was a victim of the collapse of the tech bubble in 2000. I taste some very bitter grapes in his opinions about the web.
That statement also describes the CBS Evening News...
Light travels faster than sound. This is why some people appear bright until you hear them speak.........