:::renaissance chambara:::

Posts on quality, life, culture, the media, news & tech with a twist & a slice of Limey. I moved my blog to http://renaissancehambara.jp in December 2006, go there for the latest content.

Saturday, November 19, 2005


Information Economy

Though its a 'watching the pennies' article, How to tame an inflated entertainment budget by Damon Darlin in the New York Times provides a good insight into how much of consumer spending is now absorbed by the information economy. This outstrips groceries, heating, electricity, healthcare and clothing. Old fashioned live events like the opera and a pop concert cost an eye watering 50 cents and $1.25 per minute of entertainment.

I thought that the AOL venture into TV on the web was a very interesting concept. It looks like it is closer to Robert Cringely's idea of where iTunes was going than the video iPod service that eventually arrived.

Besides the fact that I am very excited about the possiblity of being able to watch re-runs of I Love Lucy, The Honeymooners and Phil Silvers I am curious about a number of items that came out of the announcement.

  • Firstly, AOL is using P2P networks to reduce infrastructure costs (network, caching, storage) - yet the big technology thinkers are assuming that storage costs are increasingly tending towards zero, last mile connectivity pricing is deflationary as is core network bandwidth. In fact core network bandwidth deflation put many equipment companies like Corning, Lucent, Nortel and Ericsson on the critical list and was the death of many alternative telecoms providers in the late 1990s and early naughties.
  • How does this impact the value that the Time Warner board put on their existing cable network and infrastructure?
  • Whilst the channel of market may have changed, the business model assumes that consumption behaviour will have stayed the same. The very people who this service is aimed at consume the media in a different manner to the way that previous television audiences have. As I am writing this blog posting, I have a DVD on and an icon in the righthand corner of my screen warns me when new emails and instant messages come in.
  • What are the security risks involved with putting content out in this way and how will AOL counteract hackers and crackers?
  • Will this mean the end of regionalisation of content marketing that is a pain-in-the-ass for consumers?
Looking at the dark underbelly of the information economy Rolling Stone magazine have an interesting article (The man who sold the war by James Bamford) on John Walter Rendon and the Rendon Group's involvement in the road to the Iraq war. Not surprisingly the company has a rebuttal to the article here.

Finally, Geektronica has an interesting collection of unrelated facts that may or may not be useful in staging a web mob assault against the web property of an extreme American group.

Labels: , , , ,

Create Social Bookmark Links

Links to this post:

Create a Link

<< Home


03/2004   04/2004   05/2004   06/2004   07/2004   08/2004   09/2004   10/2004   11/2004   12/2004   01/2005   02/2005   03/2005   04/2005   05/2005   06/2005   07/2005   08/2005   09/2005   10/2005   11/2005   12/2005   01/2006   02/2006   03/2006   04/2006   05/2006   06/2006   07/2006   08/2006   09/2006   10/2006   11/2006   12/2006  

Welcome, thanks for visiting and a bit about this blog (:::renaissance chambara::: all in lower case just like UNIX)
Got something to bitch about? Trying to legal the author or want to send scary fan mail? Click here for more details
Want to leave a comment? Feel free, but please take account of the guidelines
The blogroll (there's some missing that Bloglines can't read, if you're not in sort your feeds out)
Subscribe via RSS to :::: renaissance chambara ::::
The grooves that drive :::: renaissance chambara :::: (see what's on our iTunes)
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 2.5 License.

Blogger rox nuffsaid.