Following Up on Yesterday's Theme, a Great Quote:
To continue the trend I started with last night's post, I present:
The problem in many people’s thinking is the belief that there’s always a magic business model lurking around the corner that will circumvent the normal laws of capitalism just because the internet’s involved. There isn’t. Reducing marginal costs certainly opens up a few doors to businesses, but it doesn’t mean that any product can suddenly be profitably supported by advertising alone.
"there’s always a magic business model lurking around the corner" describes the attitude of a lot of folks these days. I guess they deserve points for optimism, but when there are hundreds of millions of dollars at stake and thousands of people's jobs, optimism should cede some control to reality-based worldviews.