The Economics of Abundance

THE ECONOMICS OF ABUNDANCE Chris Anderson, Wired

What happens when things get free?

“ Waste is Good”

Alan Kay, Xerox PARC (1972)

“Waste Transistors”

“Waste Storage” “ Over 2775.261837 megabytes (and counting) of free storage so you'll never need to delete another message” (Remember “Your mailbox is full”? What was that about?)

“Waste Bandwidth”

For the first time in history, complexity is free

Scarcity Abundance

The Long Tail of Media NYT CNN WashPost AP BBC SF Chron Guardian Yomiuri Wired Boston Globe Times UK Time Fox News Biz Week NPR MTV CNN Money Telegraph CBC.ca Sydney Morning Herald SJ Merc Chic Trib Reuters IHT WSJ Economist FT ESPN Post-Gazette PR Newswire

The Long Tail of Media NYT CNN WashPost AP BBC SF Chron Guardian Yomiuri Wired Boston Globe Times UK Forbes Time Fox News Biz Week PBS NPR MNSBC MTV CBS News CBS News CNN Money Telegraph CBC.ca Sydney Morning Herald SJ Merc Chic Trib Reuters IHT WSJ Economist FT ESPN Post-Gazette PR Newswire

Scarcity =

Abundance =

Scarcity: “Guess”

Abundance: “Measure”

Scarcity:
“ NO”

Abundance:
“ YES”

BUSINESS MODEL
ROI Memo
We’ll figure it out
Scarcity
Abundance

RULES
“ Everything is forbidden unless it is permitted”
“ Everything is permitted unless it is forbidden”
Scarcity
Abundance

SOCIAL MODEL
Paternalism
(“we know what’s best”)
Egalitarianism (“you know what’s best”)
Scarcity
Abundance

DECISION PROCESS
Top-down
Bottoms-up
Scarcity
Abundance

MANAGEMENT STYLE
Command and Control
Out of Control
Scarcity
Abundance

Blog: thelongtail.com

http://milestoners.wordpress.com	71
http://www.7-step-proven-income-opportunity-system.com	70
http://www.sastwingees.org	24
http://a0.vox-data.com	15
http://www.sebasparigi.com.ar	13
http://sastwingees.blogharbor.com	6
http://tanureja.wordpress.com	4
http://librosyrevistasonline.blogspot.com	4
http://www.stephenkinsella.net	4
http://www.librosyrevistasonline.blogspot.com	2
http://whatidiscover.blogspot.com	2
http://indirareynaert.web-log.nl	2
http://build19.sitesell.com	1
http://www.slideshare.net	1
http://marketingusabile.blogspot.com	1

The Economics of Abundance

by Frankwatching

Accessibility

Categories

Upload Details

Usage Rights

15 Embeds 220

Statistics

The Economics of Abundance Presentation Transcript