The economic structure of the internet is often convoluted and hard to understand. But it is nice to see that it still works the same as it does in any other sector in spite of this. CNNmoney did a nice piece on the current state of video-sharing web-sites. Due largely to the success of the phenomenon YouTube.com there are now around 450 similar competitors. But according to this article, their time might be running out, they simple can’t remake their overhead. This is good news for consumers and investors alike. This virtual marketplace call the Internet is showing signs of maturing. Much of what caused the major clap in internet stock at the turn of the millennium was our inability to evaluate the value of these companies. But we are now starting to see normal economic principles have their effect, only best will survive. If only the same could be said about the content on these sites.
Showing posts with label Internet. Show all posts
Showing posts with label Internet. Show all posts
Thursday, March 13, 2008
Video-Sharing Web-Sites
Wednesday, February 6, 2008
Church History
This semester I am taking a class covering Family History. As I have started to delve into this never-ending project, I have been interested to see an internet phenomenon that I am starting to notice more and more throughout the entire internet. The internet is making us lazy. Just because you look up look up some names and you copy & paste them in to PAF doesn't mean you have done any work. In the few databases that I have looked at there has been a lot of duplication. Even these duplicated records have done a poor job of replication. Still, I guess it is a small price to pay for the power and ease-of-use that the internet affords us.
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