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Sharing, this common human activity, provides worthwhile insights into the interests and desires of those who are exchanging information and creates a new layer of value in the worlds of online publishing and advertising.
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The study speaks to the larger question of how do policy makers and economists measure this new emerging part of the economy, a new area that creates new value from an already existing asset?
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The paradigm goes: invent a new product based on a new technology that creates new value for customers, price it high to capture the value, market it aggressively, and make lots of money.
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As mentioned in the interview with John Considine, cloud computing has disrupted the existing value chain and creates new opportunities for adaptable services.
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The other side takes the position that the new money creates tangible economic growth and that real economic value can therefore be created by putting zeroes onto a piece of paper.
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Because, and this is the critical issue, The New Yorker staff seems to believe what it creates has value.
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The old way was a system of record, the new way is a system of engagement, and their integration creates value.
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