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<title>Virtual Economics</title>
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<description>"Ostensibly it’s about new media economics but Seamus McCauley writes about whatever he likes"</description>
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<title>Actually, I will pay for online content...</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/11/actually-i-will-pay-for-online-content.html</link>
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<description>A few days ago I argued that News Corp was ill-advised to put its newspaper websites behind a paywall and beyond the reach of Google. I as reminded today - as the Times announces a date for its paywall to...</description>
<content:encoded><![CDATA[<p><span style="font-size: 14px;">A few days ago <a href="http://virtualeconomics.typepad.com/virtualeconomics/2009/11/because-it-isnt-there.html">I argued that News Corp was ill-advised to put its newspaper websites behind a paywall</a> and beyond the reach of Google. I as reminded today - as<a href="http://www.ft.com/cms/s/0/48a1b454-d3ae-11de-8caf-00144feabdc0.html"> the Times announces a date for its paywall to go up</a> - that personally I must concede one exception to this argument. <a href="http://virtualeconomics.typepad.com/virtualeconomics/2009/02/thats-two-quid-a-month-saved.html">As I have mentioned here before</a> I buy the Times on Saturday to read Giles Coren&#39;s &quot;restaurant review&quot; (in which he does now seem to visit and comment on a restaurant every single week, a submission to restaurant reviewing orthodoxy which I regard mostly with scepticism) and for that reason alone. If the Times is willing to sell me those two pages and just those two pages, online or off, for anything less than the pound it currently charges me for the whole Saturday paper I will cheerfully pay up. (Of course, its advertisers may become more wary of paying to reach <a href="http://virtualeconomics.typepad.com/virtualeconomics/2009/02/thats-two-quid-a-month-saved.html">600,000 daily readers</a> if everyone is finally forced to admit that some of those readers are only reading two pages of the magazine supplement and not likely, therefore, to pay much attention to the car ads on page seven of the bit they threw away unexamined. Still, that&#39;s digital fragmentation for you.)</span></p><p><span style="font-size: 14px;">So when <a href="http://www.techdirt.com/articles/20091117/1529536981.shtml">Techdirt points out</a> that the various surveys saying people will (or alternatively won&#39;t) pay for content online are a lot less reliable than seeing what happens when someone actually starts charging*, I have to agree. Would I pay for content online? Yes, under one extremely hypothetical commercial model. Do I think that model will ever be made available to me? Almost certainly not. So what&#39;s the right answer to the very general question &quot;will I pay for content online?&quot; I guess it&#39;s a maybe or a probably not.&#0160;&#0160;</span></p><p><span style="font-size: 14px;">*We already know this bit from long experimentation, of course - <a href="http://www.clickz.com/1477881">all the readers go away</a>. Still, the last experiments in this field were carried out several years ago before everyone spent their time online playing on social networks, listening to music and watching streaming video, so it would be easy to argue that the circumstances have changed significantly. Got worse, specifically, from the point of view of charging for content. But getting worse is still a change. <br /></span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=WW9uzfITTXk:Q3DZ7eqr4iY:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=WW9uzfITTXk:Q3DZ7eqr4iY:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=WW9uzfITTXk:Q3DZ7eqr4iY:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=WW9uzfITTXk:Q3DZ7eqr4iY:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=WW9uzfITTXk:Q3DZ7eqr4iY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=WW9uzfITTXk:Q3DZ7eqr4iY:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Thu, 19 Nov 2009 07:15:20 +0000</pubDate>

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<title>King's Cross caters for both gentlemen and Daleks</title>
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<description>King's Cross caters for both gentlemen and Daleks Originally uploaded by vigornianFrom my friend Vigornian - signage indicates that King's Cross caters for both gentlemen and Daleks. "I couldn't help admiring the station's fine cross-species tolerance. Ood, Judoon etc must...</description>
<content:encoded><![CDATA[<div style="float: right; margin-left: 10px; margin-bottom: 10px;"><a href="http://www.flickr.com/photos/vigornian/4106926806/" title="photo sharing"><img src="http://farm3.static.flickr.com/2525/4106926806_f0eee1dba5_m.jpg" alt="" style="border: solid 2px #000000;" /></a><br /><span style="font-size: 0.9em; margin-top: 0px;"><a href="http://www.flickr.com/photos/vigornian/4106926806/">King's Cross caters for both gentlemen and Daleks</a><br />Originally uploaded by <a href="http://www.flickr.com/people/vigornian/">vigornian</a></span></div>From my friend Vigornian - signage indicates that King's Cross caters for both gentlemen and Daleks. "I couldn't help admiring the station's fine cross-species tolerance. Ood, Judoon etc must hold it in until they get home, obviously".<br clear="all" /><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=LGcNg0ESq14:wX8v3JW4PIY:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=LGcNg0ESq14:wX8v3JW4PIY:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=LGcNg0ESq14:wX8v3JW4PIY:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=LGcNg0ESq14:wX8v3JW4PIY:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=LGcNg0ESq14:wX8v3JW4PIY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=LGcNg0ESq14:wX8v3JW4PIY:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Thu, 19 Nov 2009 06:02:38 +0000</pubDate>

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<title>Who Stalkin?</title>
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<description>Maybe you've all seen this one already but I only came across it today - http://whostalkin.com. (HT: j4.) Best vanity search I've ever found, far more interesting than bunging your own name into Google. (Well, my name anyway. Your mileage...</description>
<content:encoded><![CDATA[<p><span style="font-size: 14px;"><a href="http://virtualeconomics.typepad.com/.a/6a00d8341c5b7853ef0120a6a8ffda970b-pi" style="display: inline;"><img alt="Whostalkin" border="0" class="asset asset-image at-xid-6a00d8341c5b7853ef0120a6a8ffda970b " src="http://virtualeconomics.typepad.com/.a/6a00d8341c5b7853ef0120a6a8ffda970b-800wi" style="width: 225px; height: 51px;" title="Whostalkin" /></a> <br /> Maybe you&#39;ve all seen this one already but I only came across it today - <a href="http://whostalkin.com">http://whostalkin.com</a>. (HT: <a href="http://j4.livejournal.com/354113.html">j4</a>.) Best vanity search I&#39;ve ever found, far more interesting than bunging your own name into Google. (Well, <em>my </em>name anyway. Your mileage may vary - maybe Google knows more interesting things about you). But I found a bunch of stuff I&#39;d somehow missed the first time around (on which subject, <a href="http://www.cultureby.com/trilogy/2009/11/chief-culture-officer-out-on-kindle.html">Hi Grant! Thanks!</a>). Recommend. </span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=ufzHxQEU56k:Eccn_21T130:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=ufzHxQEU56k:Eccn_21T130:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=ufzHxQEU56k:Eccn_21T130:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=ufzHxQEU56k:Eccn_21T130:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=ufzHxQEU56k:Eccn_21T130:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=ufzHxQEU56k:Eccn_21T130:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Tue, 17 Nov 2009 15:26:00 +0000</pubDate>

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<title>Making money from your own clicks</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/11/making-money-from-your-own-clicks.html</link>
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<description>Scott Adams - who regular readers will know I admire to the point of considering automatic first choice for world president, should such a position become magically available - pointed out yesterday that shopping broken. The Internet expands choice beyond...</description>
<content:encoded><![CDATA[<p><span style="font-size: 14px;">Scott Adams - who regular readers will know I admire to the point of considering automatic first choice for world president, should such a position become magically available - <a href="http://www.dilbert.com/blog/entry/hunter_becomes_the_prey">pointed out yesterday that shopping broken</a>. The Internet expands choice beyond utility; confusopolies render much of the choice meaningless; advertising is mostly just noise obviating the signal. <br /></span></p><p><span style="font-size: 14px;">He proposes a &quot;hunter becomes the prey&quot; solution in which instead of being bombarded with misleading advertisements for products people get to post up the details of the thing they want (&quot;two weeks in Aruba&quot;; &quot;a toaster&quot;; </span><span style="font-size: 14px;">&quot;I want something that goes with a Mediterranean home. It will be
sitting on stained concrete that is sort of amber colored. It needs to
be easy to clean because the birds will be all over it. And I&#39;m on a
budget&quot;) and then let the relevant products find them. Transfer the costs, quite rightly, from consumers having to wade through ads trying to find the product they really want to providers having to wade through ads trying to find the consumer who really wants their product.</span></p><p><span style="font-size: 14px;"><a href="http://www.clickz.com/3404451">Vin came up with this in 2004</a> - the Internet-mediated demand-led market. And, perhaps even more interestingly, people already do it. I already do it. When I organised a ski holiday a few years ago I ended up, naturally enough, with <a href="http://virtualeconomics.typepad.com/virtualeconomics/2006/06/jellyfish_and_c.html">a wiki which had all the details of our requirements on</a>. </span><span style="font-size: 11pt; font-family: Arial;"> &quot;12 people chalet France November 2006&quot;, said the wiki, and sure enough <br /></span></p><p><span style="font-size: 11pt; font-family: Arial;">(a) Google started serving us ads that gave us just that and</span></p><p><span style="font-size: 11pt; font-family: Arial;">(b) buying it, via a click from our own wiki, made us some money from the referral fee. </span><span style="font-size: 14px;">&#0160; <br /></span></p><p><span style="font-size: 14px;">It&#39;s the second bit that always strikes me as funny. You can already do this stuff, if you can be bothered to knock up a web page and run AdWords over it, and assuming you can describe the thing you want to buy reasonably accurately you can even get paid for buying it. </span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=E4gP5bhQ6Uo:kBHycg-0spc:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=E4gP5bhQ6Uo:kBHycg-0spc:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=E4gP5bhQ6Uo:kBHycg-0spc:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=E4gP5bhQ6Uo:kBHycg-0spc:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=E4gP5bhQ6Uo:kBHycg-0spc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=E4gP5bhQ6Uo:kBHycg-0spc:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Mon, 16 Nov 2009 20:48:23 +0000</pubDate>

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<title>Box office records sans frontiers</title>
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<description>Very taken today by @kevglobal's point that "The new Call of Duty game made $310m in 24 hrs. Largest grossing movie of all time (Titanic) made $600m in 2 months". This blog and your newspaper and Twitter and Cormac McCarthy's...</description>
<content:encoded><![CDATA[<span style="font-size: 14px;">Very taken today by @kevglobal&#39;s point that &quot;The new Call of Duty game made $310m in 24 hrs. Largest grossing movie of all time (Titanic) made $600m in 2 months&quot;. This blog and your newspaper and Twitter and Cormac McCarthy&#39;s <em>The Road</em> and going for a walk in the rain and playing the piano are all competing asymmetrically for the same finite, dwindling pool of attention and today <em>Call of Duty</em> is coming out on top - no surprise there really though since, <em>per hour of entertainment</em>, a good video game is ludicrously underpriced compared to a film and only a long book is really in the same ballpark. </span><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=vrG_JSTJEB0:eFOWySu005A:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=vrG_JSTJEB0:eFOWySu005A:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=vrG_JSTJEB0:eFOWySu005A:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=vrG_JSTJEB0:eFOWySu005A:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=vrG_JSTJEB0:eFOWySu005A:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=vrG_JSTJEB0:eFOWySu005A:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Mon, 16 Nov 2009 19:44:52 +0000</pubDate>

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<title>Bong!</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/11/bong.html</link>
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<description>If you don't already follow big_ben_clock on Twitter, you really should. It goes "bong", you see. (You might also, if you like receiving a photo of a horse most days that I remember, enjoy following my own daily_horse.)</description>
<content:encoded><![CDATA[<p><span style="font-size: 13px;"><a href="http://virtualeconomics.typepad.com/.a/6a00d8341c5b7853ef0120a6a31de0970b-pi" style="display: inline;"><img alt="Big_ben_clock" border="0" class="asset asset-image at-xid-6a00d8341c5b7853ef0120a6a31de0970b " src="http://virtualeconomics.typepad.com/.a/6a00d8341c5b7853ef0120a6a31de0970b-800wi" title="Big_ben_clock" /></a> <br /> If you don&#39;t already follow <a href="http://twitter.com/big_ben_clock">big_ben_clock</a></span><span style="font-size: 13px;"> on Twitter, you really should.</span></p><p><span style="font-size: 13px;">It goes &quot;bong&quot;, you see.</span></p><p><span style="font-size: 13px;">(You might also, if you like receiving a photo of a horse most days that I remember, enjoy following my own <a href="http://twitter.com/DailyHorse">daily_horse</a>.) <br /></span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=pYtOG5N1zi0:w3h8hYeRZyY:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=pYtOG5N1zi0:w3h8hYeRZyY:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=pYtOG5N1zi0:w3h8hYeRZyY:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=pYtOG5N1zi0:w3h8hYeRZyY:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=pYtOG5N1zi0:w3h8hYeRZyY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=pYtOG5N1zi0:w3h8hYeRZyY:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Mon, 16 Nov 2009 10:14:00 +0000</pubDate>

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<title>From status to contract and back again; or, an unexpected end to the rule of law</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/11/from-status-to-contract-and-back-again-or-an-unexpected-end-to-the-rule-of-law.html</link>
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<description>Apparently bankers' contracts are no longer subject to the rule of law but may be torn up by the FSA if (let's not be too sweeping or vague here) the FSA damned well feels like it. Like Stephen Pollard I...</description>
<content:encoded><![CDATA[<p><span style="font-size: 14px;"><a href="http://news.bbc.co.uk/1/hi/uk_politics/8361015.stm">Apparently</a> bankers&#39; contracts are no longer subject to the rule of law but may be torn up by the FSA if (let&#39;s not be too sweeping or vague here) the FSA damned well feels like it.</span></p><p><span style="font-size: 14px;"><a href="http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article6917881.ece">Like Stephen Pollard</a> I am...more than a little concerned now about entering into any sort of private contract allegedly governed by the laws of England and Wales in case the Chancellor decides public opinion is in favour of tearing it up. I quite liked the certainty of owning my house because I paid for it and the security of receiving an income to do my job because I had agreed this with my employer. After today I am left merely hoping that Alastair Darling does not take exception to either of these arrangements, or rather does not hallucinate that some demagogue or other has called for him to arbitrarily dismantle them.&#0160; <br /></span></p><p><span style="font-size: 14px;">The transformation of medieval institutions and habits into modern ones is often rightly described in terms of <a href="http://cafehayek.com/2009/04/from-status-to-contract.html">a shift from status to contract</a>. For agreements between free individuals to be even possible those individuals must have some reasonable confidence that contracts will be honoured and therefore they must believe that those contracts will be enforced. Now...well, it would be sensible for us to have a little less confidence that they will be, is all. And perhaps it would be more sensible to do business somewhere else - somewhere operating more under the rule of law and less under the whim of a dying political party&#39;s guess as to which way the wind is blowing.&#0160; <br /></span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=jOCpZlRcKww:gk5fckS19bc:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=jOCpZlRcKww:gk5fckS19bc:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=jOCpZlRcKww:gk5fckS19bc:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=jOCpZlRcKww:gk5fckS19bc:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=jOCpZlRcKww:gk5fckS19bc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=jOCpZlRcKww:gk5fckS19bc:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Sun, 15 Nov 2009 22:10:07 +0000</pubDate>

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<title>Because it isn't there</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/11/because-it-isnt-there.html</link>
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<description>I've commented before on the sense of taking news articles out of Google's index (there isn't any)...but since Murdoch is planning (or, according to some commentators, is pretending to plan) to take News Corp's content off Google by some time...</description>
<content:encoded><![CDATA[<p><span style="font-size: 14px;">I&#39;ve <a href="http://virtualeconomics.typepad.com/virtualeconomics/2009/07/knock-knock.html">commented before</a> on the sense of taking news articles out of Google&#39;s index (there isn&#39;t any)...but since Murdoch is <a href="http://www.mathewingram.com/work/2009/11/10/your-readers-are-paying-you-with-attention">planning</a> (or, <a href="http://www.slate.com/id/2235055/pagenum/all">according to some commentators</a>, is <em>pretending</em> to plan) to take News Corp&#39;s content off Google by some time next year the idea is worth another look.</span></p><p><span style="font-size: 14px;">The
problem with trying to re-silo content at tis stage in the game is threefold. <br /></span></p><p><span style="font-size: 14px;">First, online consumers
<em>do not have a problem finding content or finding specific content</em>.
In fact, that&#39;s the opposite of the problem we face. Content is dyfunctionally abundant. There is so much of it that the
problem is filtering through the billions of pages/articles/songs/photos/films/games/posts/tweets for something useful, entertaining or relevant.
Take some of the content away and unless it is actually unique you&#39;ve made
searchers&#39; lives a little bit easier (thanks!). <br /></span></p><p><span style="font-size: 14px;">Second, and relatedly, if I&#39;m looking for commentary on the latest NYTco quarterlies and some of the potentially useful information doesn&#39;t show up in my search because it has been deliberately withheld from the engine, <em>I&#39;ll never know</em>. People resopond to incentives. Hiding content from me when I search doesn&#39;t incentivise me to try any other particular alternative behaviour (I&#39;m going to realise that the article which would have answered all my questions is on the New York Post website but since Google doesn&#39;t know about it I have to surf over there and look for it? Just how am I going to know that?). <br /></span></p><p><span style="font-size: 14px;">Third, content in a silo will attract no new readers. Two years ago I didn&#39;t read Marginal Revolution, but I found it and now I do. Ditto Unqualified Reservations. Ditto...well, everything in my feedreader. It&#39;s an interesting idea to run a paid content business that no-one can find. I wouldn&#39;t fancy it myself. Newspapers have enough demographic problems without shutting themselves off to the main potential source of new readers.<br /></span></p><p><span style="font-size: 14px;">Mike Arrington <a href="http://www.techcrunch.com/2009/11/13/murdoch-google-bing-mexicanstandoff">theorises</a> that the end-game is for content-providers to cut deals with other (non-Google) search engines, leaving Google high and dry but the content catalogued and searchable somewhere. Fair enough. Assuming that different providers cut deals with different engines (otherwise it&#39;s not a market and we&#39;ve just swapped the Googlopoly for the Bingopoly, whoop-de-doo) we&#39;d be looking at a potentially massive inconvenience for users with no upside benefits at all as they jumped from engine to engine searching for different content. Happily such a deliberate fragmentation of search ignores the existence of <a href="http://www.dogpile.com">adequate search aggregation tools</a> that pre-emptively obviate the obstacles. Data that can be usefully brought together online generally is, because it can be, because that&#39;s how it&#39;s most useful (hence indeed, err, Google). Trying at this stage in the game to fragment it all again is no solution, it&#39;s just another cycle around while someone knocks up a better aggregator. <br /></span></p><p><span style="font-size: 14px;">Digital channels fragment media. They fragmented music, so now we find songs by the track on iTunes and Spotify instead of buying albums. But where the music industry continues to enjoy inherent commercial upside from its fragmented content (iTunes cost money, Spotify has unskippable ads or subs to pay, ringtones are a goldmine) text content has no such inherent commercial upside as a distributed fragment. Read an article on a newspaper website and you see an ad. Read the same content on Google or in Bloglines and you don&#39;t. The problem to solve here is not to stop people finding the stuff and reading it on Google - it&#39;s to make money when they see it there, to embed some inherent commercial upside in that experience. RSS banners, universal IntelliTXT, anything that follows the content around and makes money from it wherever it&#39;s seen. Hell, even movies manage it with product placement and one day they&#39;ll work out how to charge extra for all the millions of times those placements are seen by BitTorrenters. <br /></span></p><p><span style="font-size: 14px;">But take the content off Google and I no longer know it exists, and I&#39;m not going to use three or four different search engines to check every time I have a query. Hide it and it simply isn&#39;t there. </span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=RfnSyEhhlOg:rhyzeMLTOBM:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=RfnSyEhhlOg:rhyzeMLTOBM:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=RfnSyEhhlOg:rhyzeMLTOBM:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=RfnSyEhhlOg:rhyzeMLTOBM:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=RfnSyEhhlOg:rhyzeMLTOBM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=RfnSyEhhlOg:rhyzeMLTOBM:F7zBnMyn0Lo" border="0"></img></a>
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<dc:creator>seamusmccauley</dc:creator>
<pubDate>Sun, 15 Nov 2009 08:16:53 +0000</pubDate>

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<title>The growing value of URLs you can easily spell out in dead bodies</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/11/the-growing-value-of-urls-you-can-easily-spell-out-in-dead-bodies.html</link>
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<description>Probably the funniest bit of commercial ingenuity I've seen these past few months is the growth of corpse-spam in World of Warcraft.You see, it's quite hard, in-game, to spam people with commercial messages. If you send messages to people you...</description>
<content:encoded><![CDATA[<span style="font-size: 14px; font-family: Arial;">Probably the funniest bit of commercial ingenuity I&#39;ve seen these past few months is the growth of corpse-spam in World of Warcraft.You see, it&#39;s quite hard, in-game, to spam people with commercial messages. If you send messages to people you get blocked and reported and your account shut down. If you just yell stuff in the city square people ignore you. But there&#39;s a huge market in selling gold to players (cos it&#39;s easier to buy 1000 gold from a Chinese sweat-shop than bother to earn it by playing the game) and so the gold-spammers have hit on an ingenious solution.</span><p><span style="font-size: 14px; font-family: Arial;">Go to any major city (Stormwind, Orgrimmar) and you&#39;ll see the name of some gold-selling website or other <em>spelled out in dead bodies on the ground</em>. Now, it&#39;s quite hard to spell out URLs in dead bodies (it takes several corpses, hence player accounts that you have to hack from somewhere - to spell out each one) so the big trick is to get a URL that is short, ideally memorable and above all easy to spell out in the dead bodies of WoW avatars.&#0160; </span><span style="font-size: 14px;"> </span></p><p><span style="font-size: 14px;"><a href="http://virtualeconomics.typepad.com/.a/6a00d8341c5b7853ef0120a6a067ba970b-pi" style="display: inline;"><img alt="Body_spam_thumb" border="0" class="asset asset-image at-xid-6a00d8341c5b7853ef0120a6a067ba970b " src="http://virtualeconomics.typepad.com/.a/6a00d8341c5b7853ef0120a6a067ba970b-800wi" title="Body_spam_thumb" /></a>&#0160;</span></p><p><span style="font-size: 14px; font-family: Arial;">There&#39;s another one for the list of jobs that it would have been hard to predict existing in the C21st - virtual corpse spammer. But there seems to be quite a lot of skill to it. </span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=M_fGGIuQmto:PDkMAK6xwg4:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=M_fGGIuQmto:PDkMAK6xwg4:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=M_fGGIuQmto:PDkMAK6xwg4:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=M_fGGIuQmto:PDkMAK6xwg4:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=M_fGGIuQmto:PDkMAK6xwg4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=M_fGGIuQmto:PDkMAK6xwg4:F7zBnMyn0Lo" border="0"></img></a>
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<category>Games</category>

<dc:creator>seamusmccauley</dc:creator>
<pubDate>Sun, 15 Nov 2009 05:05:27 +0000</pubDate>

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<title>Yu Wan Mei?</title>
<link>http://virtualeconomics.typepad.com/virtualeconomics/2009/07/yu-wan-mei.html</link>
<guid isPermaLink="true">http://virtualeconomics.typepad.com/virtualeconomics/2009/07/yu-wan-mei.html</guid>
<description>Fellow Onion fans may be amused to see that the Onion has been sold to a Chinese "salvage fisheries and polymer injection" company. Finally I understand why all their articles in my RSS feed for the past couple of days...</description>
<content:encoded><![CDATA[<p><span style="font-size: 14px; font-family: Arial;"><span style="font-size: 13px; font-family: Arial;">Fellow Onion fans may be amused to see that <a href="http://www.theonion.com/content/columnists/well_ive_sold_the_paper_to">the Onion has been sold</a> to a <a href="http://www.yuwanmei.com">Chinese &quot;salvage fisheries and polymer injection&quot; company</a>.</span><br /><br /><span style="font-size: 13px; font-family: Arial;">Finally I understand why all their articles in my RSS feed for the past couple of days have been written in broken pidgin and dealt almost exclusively with Chinese sports stars being awesome.<br /><br />And, like all the best satires, it&#39;s basically true. Where next for debt-burdened, credit-crunched newspapers but a <a href="http://www.express.co.uk/home">harvesting strategy</a> that cashes in reputations built up over the last century? Some are <a href="http://www.csmonitor.com">going</a> <a href="http://www.csmonitor.com">online-only</a>, some are finding <a href="http://en.wikipedia.org/wiki/Sam_Zell">vanity</a> <a href="http://en.wikipedia.org/wiki/David_and_Frederick_Barclay">purchasers</a> and others...well, others are going to disappear, or find foreign buyers, and those buyers are going to be people who think that influencing opinion in the US and Europe is worth sinking a few million dollars. </span></span></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=qVtT_bWAaEI:_j5WZlAzkgc:dnMXMwOfBR0"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=dnMXMwOfBR0" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=qVtT_bWAaEI:_j5WZlAzkgc:1ZLn2ZRv8yg"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=qVtT_bWAaEI:_j5WZlAzkgc:1ZLn2ZRv8yg" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=qVtT_bWAaEI:_j5WZlAzkgc:bcOpcFrp8Mo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?d=bcOpcFrp8Mo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/VirtualEconomics?a=qVtT_bWAaEI:_j5WZlAzkgc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/VirtualEconomics?i=qVtT_bWAaEI:_j5WZlAzkgc:F7zBnMyn0Lo" border="0"></img></a>
</div>]]></content:encoded>


<category>Newspapers</category>

<dc:creator>seamusmccauley</dc:creator>
<pubDate>Tue, 21 Jul 2009 09:43:54 +0100</pubDate>

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