Friday, November 13, 2009
How the Internet Destroyed Everything
How the Internet Ruined Newspapers, TV, Music, Movies, Microsoft - Newsweek 2010: "The past decade is the era in which the Internet ruined everything. Just look at the industries that have been damaged by the rise of the Web: Newspapers. Magazines. Books. TV. Movies. Music. Retailers of almost any kind, from cars to real estate. Telecommunications. Airlines and hotels. Wherever companies relied on advertising to make money, wherever companies were profiting by a lack of transparency or a lack of competition, wherever friction could be polished out of the system, those industries suffered."