Comments: Revisiting Virtual Communities

I thought that the journalists missed the point in one essential respect. They asked, is anybody making money aggregating content? They answered, no.

Nobody brought up Google, Amazon, Ebay, and Craig's list as companies that have very successful business models based on aggregating content that users furnish.

I told one journalist about this and he said, "but that isn't journalism".

It isn't, but those are the companies and the business model that is competing with journalism for advertisers and readers' attention.

How is journalism going to compete?

Posted by Tim at April 30, 2004 01:24 PM