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What are you talking about? When people say "information wants to be free" they are (obviously) not talking about physical objects. The idea that information w
by zizee 16y ago
What are you talking about? When people say "information wants to be free" they are (obviously) not talking about physical objects.
The idea that information wants to be free stems from the market principles of supply and demand. Price is determined by supply and demand. Digital information can be duplicated at almost zero cost, so there is a pressure on it to become cheaper and cheaper until free.
The idea that information wants to be free is also contradicted by the idea that "Information is power" etc. The less people you can restrict information to the more it is worth. Also, timely information can be very valuable (like in insider trading) that information can have value (i.e. no free as in beer).
But just because information can be duplicated infinitely, it doesn't mean that it will be duplicated infinitely, meaning that the value of the information will be determined by the costs of production and demand. Will this value of the information be enough to cover the costs? This will be the determining factor as to whether people can continue to make a living from producing information. On the flipside, the costs of making quality information are rapidly decreasing, so it should be getting easier and easier to make a living from information.
In the end, I think that information will always have value. The key will be for the producers of that information to find a way to connect with people willing to pay for it.