Is there really economic value in Juliet Weybrets video?
hers, but one needs to consider the aggregate value of massive amounts of user-generated content, especially when its collective weight adds up to substantial negotiating power. This is all part of the latest modern-day financial model called “long-tail economics.” This is where money is made not by selling “the best” content available, but to amass as much of it as possible irrespective of quality and letting the natural sorting and searching mechanisms of the internet allow things to be “found” and subsequently sold. Given the massive amount of user-generated content on sites like YouTube, Flickr, MySpace, Facebook, and thousands of others, the aggregate value of licensible content is enormous. This has been the focus of my research for close to ten years, which I have written about on my blog here. The most recent articles that pertains to this can be found here, and here. Content is king, and everyone from social-networks to search engines knows it. The holy grail has been figuring
