Comments on: Buyer Beware: What’s “New” May be Old http://www.wikinomics.com/blog/index.php/2008/07/17/buyer-beware-whats-new-may-be-old/ Exploring How Mass Collaboration Changes Everything Sun, 28 Aug 2011 14:21:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Brittany Creamer http://www.wikinomics.com/blog/index.php/2008/07/17/buyer-beware-whats-new-may-be-old/comment-page-1/#comment-153700 Brittany Creamer Wed, 23 Jul 2008 01:50:36 +0000 http://www.wikinomics.com/blog/?p=1734#comment-153700 I couldn't agree more with you Brent that a major objective of Web 2.0 (and business in general) is to maximize utility and provide the best product at the least cost. In true Net Gen fashion, I would rather find the occasional error in a free application than pay for service that may or may not be better, especially if the content I am paying a premium for is user generated. I couldn’t agree more with you Brent that a major objective of Web 2.0 (and business in general) is to maximize utility and provide the best product at the least cost. In true Net Gen fashion, I would rather find the occasional error in a free application than pay for service that may or may not be better, especially if the content I am paying a premium for is user generated.

]]> By: librarybob http://www.wikinomics.com/blog/index.php/2008/07/17/buyer-beware-whats-new-may-be-old/comment-page-1/#comment-151600 librarybob Fri, 18 Jul 2008 15:11:04 +0000 http://www.wikinomics.com/blog/?p=1734#comment-151600 Good point, Brent. However, even expensive data may be wrong. I occasionally get letters addressed to my ex wife, despite being divorced 27 years ago and despite having moved to another town, having remarried 22 years ago, and having moved three times since that marriage. Whoever buys that particular mailing list is paying for trash. Good point, Brent.

However, even expensive data may be wrong. I occasionally get letters addressed to my ex wife, despite being divorced 27 years ago and despite having moved to another town, having remarried 22 years ago, and having moved three times since that marriage. Whoever buys that particular mailing list is paying for trash.

]]> By: Brent http://www.wikinomics.com/blog/index.php/2008/07/17/buyer-beware-whats-new-may-be-old/comment-page-1/#comment-151327 Brent Fri, 18 Jul 2008 00:28:53 +0000 http://www.wikinomics.com/blog/?p=1734#comment-151327 I think you are easily forgetting a premise of these 2.0 applications in that they are trying to provide information at the least possible cost. This premise drives the user-generated focus of the content of these programs. The capacity to moderate 2.0 programs adds costs, in terms of time and/or money. The ability to recover this implicit cost needs to be present to propagate more effective moderation. (Note: The recovery does not have to be extrinsic like $, but can be some form of intrinsic recovery as well) Until then, better buy a copy of Zagat's for restaurants and talk to the neighbours before renting your apartment. I think you are easily forgetting a premise of these 2.0 applications in that they are trying to provide information at the least possible cost. This premise drives the user-generated focus of the content of these programs. The capacity to moderate 2.0 programs adds costs, in terms of time and/or money. The ability to recover this implicit cost needs to be present to propagate more effective moderation. (Note: The recovery does not have to be extrinsic like $, but can be some form of intrinsic recovery as well) Until then, better buy a copy of Zagat’s for restaurants and talk to the neighbours before renting your apartment.

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