Monday, March 13, 2006

Shirky: Fame vs Fortune: Micropayments and Free Content

Clay Shirkey has an interesting take on the context and exhibition of content. He feels that micropayments for content will not work because of "mental transaction cost" and because enough creative types will be willing to post content for free on the web because they can reach a wider audience than if they charge. This poses an interesting challenge for visual media, which perhaps takes more time, energy, and money to produce. Should creators of visual content be willing to forgo dollars for attention?

Shirky: Fame vs Fortune: Micropayments and Free Content


At 12:40 PM, Anonymous Anonymous said...

my issue with micropayments isn't the "mental transaction cost;" it's the risk of some hack using my bank account. i'd definitely buy things online more if i didn't have to go through submitting all my info.
free content is a great way to keep me coming in to see what's new, though. unless i'm completely addicted to the artist's work (ie. have already heard of them offline), i typically won't bookmark their page if they don't offer anything free.


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