The report is here. A blog about the report is here. Bill Grueskin, Ava Seave, and Lucas Graves wrote the report for Columbia University’s Tow Center for Digital Journalism. The report highlights how great the legacy burden is and how slow organizations are to adapt to change. I'm still reading the report, but the authors participated in a panel discussion at the Columbia Journalism School last night that I attended.
I just want to remind everyone that we're not adapting to new, changed economic models fast enough.
I want to remind everyone that disintermediation is the strength of the web. I like the word "disintermediation." That's true even though it means a lot of hardship. "Disintermediation" means cutting out the middle man. That's been the effect of the web. That is what has happened in the music business. That is what has happened in the movie business with Netflix. That is what has happened in the news business with newspapers. That is what has happened with encyclopedias with Wikipedia. That is what has happened with libraries with Google Books. That is what has happened in politics with Obama raising lots of money on the web in 2008. That is what Amazon has done to bookstores. That is what is happening with Hulu. That is how the TV networks have shrunk and cable channels have grown. Now YouTube is about to shrink the cable channels by programming on YouTube.
Bob Dylan poetically expressed it as "He who gets hurt will be he who has stalled."
Congress is not facilitating the change. Congress is not on the side of the future. If we want wealth to grow in the US, we will facilitate the future. Otherwise, the wealth will grow somewhere else. If these people were really concerned about the deficit, they would facilitate the growth of the economy, not impede it.
The web was designed to route around disruptions. That's the foundation of the DARPANet which grew into the web.
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