I came across this interesting video on how economy is changing especially media. Would recommend you watching no matter what domain are you currently in.
The Future Of Music And Media from Plugg Conference on Vimeo.
I believe every few centuries, there might be changes like this, which is more related to cultural shift rather than just technological advancements. Whatever it be, this paradigm shift is bringing in huge challenges to the established conventional players but is definitely bringing up huge opportunities. Some of them are:
- Optimizing data delivery network.
- Digitization of content.
- More contents need more tools to filter it out.
- More contents means way to get Contextual content.
- Opening up existing contents.
- Implementing new business model and execution.
What do you think about this change?