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> Over the past decade millions of consumers have become prosumers, producing and sharing music, videos, news, and knowledge at near-zero marginal cost and near
by diminoten 13y ago
> Over the past decade millions of consumers have become prosumers, producing and sharing music, videos, news, and knowledge at near-zero marginal cost and nearly for free, shrinking revenues in the music, newspaper and book-publishing industries.
No, these things aren't produced for "free". They're replicated for "free". Huge difference.
The first cancer vaccine will "cost" trillions of spent research dollars. The second one? Probably a few cents, if that.
Let's not, especially on this site, forget about how important investors are.
- WalterSear 13y agoI don't think that's what they are talking about. I think they are talking about how fast things are getting cheaper to design, including, eventually, vaccines.