The Razor's Edge: Navigating Digital Disruption

摘要

Follow the money. That's what I was taught in my early days as an investigative journalist. Today, the web and social media in particular have blown entire industries skyward: music, film and television, advertising, healthcare, education-practically everything, as my 16-year-old son notes, except origami. That great sucking sound you hear is the deflationary impact of digital reproduction vacuuming value-the money-out of transactions, and if we're not careful, out of libraries. Think about this: Whatever is digitally reproducible, such as audio files, EPUBs of books, and MKV HD video files, can (and may well) eventually be driven to zero cash value.