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/biz/ - Business & Finance

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7460050 No.7460050 [Reply] [Original]

https://www.wired.com/1994/03/economy-ideas/
You guys should take a look at this article from 1994. The author recently died, but he had a lot of interesting things to say about the digital economy when it was still basically in the caveman era.

>> No.7460207
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7460207

"And then there are the inexplicable pleasures of information itself, the joys of learning, knowing, and teaching; the strange good feeling of information coming into and out of oneself. Playing with ideas is a recreation which people are willing to pay a lot for, given the market for books and elective seminars. We'd likely spend even more money for such pleasures if we didn't have so many opportunities to pay for ideas with other ideas. This explains much of the collective "volunteer" work which fills the archives, newsgroups, and databases of the Internet. Its denizens are not working for "nothing," as is widely believed. Rather they are getting paid in something besides money. It is an economy which consists almost entirely of information."

>> No.7460264
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7460264

"And, despite their fierce grip on the old legal structure, companies that trade in information are likely to find that their increasing inability to deal sensibly with technological issues will not be remedied in the courts, which won't be capable of producing verdicts predictable enough to be supportive of long-term enterprise. Every litigation will become like a game of Russian roulette, depending on the depth of the presiding judge's clue-impairment."

>> No.7460662

>>7460207
>>7460264
pretty insightful. Makes sense where the direction of smart contracts and enterprise blockchain solutions are heading now.

>> No.7460682
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7460682

>Taking anything from a "professional" journalist serious

>> No.7460758
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7460758

>>7460682
John Perry Barlow (3 October 1947 – 6 February 2018)[1] was an American poet and essayist, a retired Wyoming cattle rancher, and a cyberlibertarian[2] political activist who had been associated with both the Democratic and Republican parties. He was also a former lyricist for the Grateful Dead and a founding member of the Electronic Frontier Foundation and Freedom of the Press Foundation. He was Fellow Emeritus at Harvard University's Berkman Center for Internet and Society, where he had maintained an affiliation since 1998.[3]
https://en.wikipedia.org/wiki/John_Perry_Barlow

>> No.7460857

>>7460758
As I said, taking a professional story teller serious. Hope he rots in hell, his heritage forgotten and his blood purge from the face of the earth

>> No.7460954

>>7460857
>Hope he rots in hell, his heritage forgotten
Ok. Thanks for the (You).

>> No.7460981

>>7460758
And now he's dead and I'm not, he must not have been that smart after all.

>> No.7461907

>>7460050
Thanks for the share OP. That was fascinating