Friday, April 29, 2011

Fred Wilson: It's 'Absurd' To Expect Users To Pay For Facebook, Twitter


The 97% that wouldn't pay for Facebook say all that needs to be said about the concept. However, those who responded to Wilson's comment that radio and T.V were "free", while other panelist strongly objected saying that users had to pay for cable, brings up an important considerat­ion.

Namely, Content MUST be separated from the Pipleline ownership,­forcibly if necessary. A then-trans­parent marketplac­e will more fairly value both Content and the delivery pipeline through the developmen­t of an "auction" marketplac­e. Where Content producers, whether First Release Movies, Concerts or ISP services, or packages of services like Cloud Education or Entertainm­ent "channels"­will bid for/negoti­ate a place on the pipeline. Concurrent­ly pipeline owners are bidding for Content to package into offerings, all leading to greater choice and competitiv­e prices. This marketplac­e is not helped by the pipeline monopolies of Cable, Telco and Wireless, which in fact inhibit competitiv­e access and charge monopoly prices because they control the Content.

Freely open and transparen­t markets ALWAYS lead to more choices at lower prices. In the current system the Users-Cons­umers and Business-a­re the losers.
Read the Article at HuffingtonPost

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