May 18, 2006 3:09 PM
umair: "in a world of cheap, universally accessible info, you don't have the incentive to know much of anything."
the implications of that... whoa.
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Web2.0Sceptic:
Seriously Jim, Umair Haque spouts so much drivel it is frankly embarassing to see you fawning over him like this.
This quotation is just transparent re-hackery of the old "you don't have to remember what you learned, you just have to know where to look for the information when you need it" adage.
Umair blinds people with words, but if you just drill a little into them, they are re-hashed Economics 101. He recently said this: "Value capture [in the new media value chain] is a function of market power." No shit, REALLY? Wow! Market power helps with value capture? That is such radical, clever, new-world, 2.0 thinking... that it helped John D. Rockefeller to his billions.
Umair makes me cringe - hyper-this and hyper-that; he's just adding hyper to old words in a feeble attempt to make them look new. What's hyper about the whole thing is the hype?
Bleh.
Jim, I thought you were smarter than this.
Sat May 20 2006 2:11 PM
I really don't get this kind of attack on anybody.
There isn't much of anything that is a truly new idea. It's all about recycling and applying the stuff that has worked for centuries to a changing technological landscape.
That's what he's doing.. in a quite rigorous fashion that might in itself have its own hype, but is largely ignoring the tech community koolaid. You want a hack, see Arrington.
Web 2.0 needs a little economics 101, methinks.
Sat May 20 2006 3:47 PM
Web2.0Sceptic:
Umair got his shiny new MBA just 2 years ago, and already he has discovered the astonishing new forces driving the new 2.0 world.
What a crock.
The internet, as everyone should have learned the first time around this block, is just another industry, subject to the same economics as other industries.
The internet is a more profound shift than say, paper, which also allowed anyone to create whatever content they wanted and share it widely?
He's an idiot.
Sun May 21 2006 7:04 PM
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