Posts Tagged ‘journalism’

The world is flat, and it turns damn fast

Thursday, November 1st, 2007 by Marc Uhlig

Great, while I am still working on 4 posts, there is already other stuff going on I would like to talk about… I guess it is a full time job to read all the feeds about what’s going on in the world of web 2.0 every day, and it requires a second full time job to write about it.

Interesting topic, journalism, currently I am reading Keen’s “The Cult of the Amateur”, Lawrence Lessig, Professor of Law at Stanford Law School wrote a great post about it in his blog.“And then it hit me: Keen is our generation’s greatest self-parodist. His book is not a criticism of the Internet. Like the article in Nature comparing Wikipedia and Britannica, the real argument of Keen’s book is that traditional media and publishing is just as bad as the worst of the Internet.”

There was also an interesting post by Nate Anderson in ars technica about the recent federal decision where Judge Henry Hurlong, Jr. said that a journalist turns out to be anyone who does journalism, and bloggers who do so have the same rights and privileges under federal law as the ‘real’ journalists.

Well, the point is, it is amazing how fast information is distributed nowadays, usually I know about something new going on in our industry within less then an hour, thanks to all the feeds that are available out there, but it is still up to me and my responsibility to make the decision whether to believe in the latest news or not, and it always was, even in times of the “old media”.

Yesterday for example there was this article in the New York Times about Walmart selling a PC for $200 with GOS as OS, optimized for Google applications, and I thought “wow, this is gonna hurt Microsoft”. So I submitted the story to digg. Five minutes later I read in Twitter the following: Went to Walmart today. No Google/Everex/Linux PCs to be found. Register biscuits totally clueless about the whole thing. Go figure. Got the point? Amazing, instant information distribution…. I love it…

Another interesting thing that happened yesterday was Google hitting the $700 mark and becoming the 5th most valuable company on the planet. I love Google, and when they where at $430 and took a loss down to $360 some of my friends said that this is the beginning of the end, I said I think they will go up to $800 - I told you so… Lets see how Maka-Maka kicks in (will write about it later today), and how the new Google-MySpace deals works out, $800 is probably not even the end… waiting for my favorite company to surpass Microsoft, currently Google’s market-cap is $219 Billion, Microsoft’s $346 Billion, so getting close… Uhm, I am not a Google groupy, or am I?

More I-told-you-so’s: VMWare is also doing great, when I said this will be huge they were at $70, now it is $122, and they are about to outperform Google

Ok, that was in brief what struck me yesterday, now I can start to work on the articles I actually had in the queue…

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