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Topic: Business |
8:40 am EDT, Apr 13, 2009 |
Benjamin Wayne: YouTube, that incandescent tower of video Babel; monument to the sloughed-off detritus of our exponentially-exploding digital culture; a Technicolor cataract of skateboarding dogs, lip-synching college students, political punditry, and porn; has reached the zenith of its meteoric rise; and Icarus-like, wings melting; is spiraling back to earth. Despite massive growth, ubiquitous global brand awareness, presidential endorsement, and the world’s greatest repository of illegally-pirated video content, Google’s massive video folly is on life-support, and the prognosis is grave.
Rattle: I think Decius and I should start to practice claiming that MemeStreams is worth four billion while keeping a straight face.
Be advised: We should probably tell you that the full title of this game is Zombies! Apocalypse - Massive Multiplayer Online Zombies Massacre, even though that's basically given away the point of it all.
Decius: Ultimately, content is not king, and filters are not king. Bandwidth, and the money that funds it, is king. There will be as many social frameworks as there are societies. There will be many content producers, a small number of which will make money. But the market will only sustain a few free video hosting systems. Its not about production cost or end user value. It's about marginal cost. You can copy a floppy but you can't copy a server.
YouTube Is Doomed |
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