Andy Vaughn

Newspapers: obsolete

Clay Shirky wrote an excellent article on newspapers and the downfall of their business model.

The unthinkable scenario unfolded something like this: The ability to share content wouldn’t shrink, it would grow. Walled gardens would prove unpopular. Digital advertising would reduce inefficiencies, and therefore profits…

Like Taleb with the Market, Shirky predicts the Titanic sinking of Newspapers. Only a fool of divination would ignore the tea leaves.

Posted by Andy Vaughn on March 26, 2009

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