Friday, 1 March 2013

Wikinomics

Wikinomics = The economics of collabration

Created by Dan Tapscott and Anthony Williams in 2006.


Peering
The free sharing of material on the internet. This cuts the distribution cuts to zero.

Websites such as Slicethepie allows you to post music on there where you can give donations.

Wesbites such as Spotify and Grooveshark allow free streaming, they make they money through display ads and subscriptions to remove ads.
Free creativity
The creative commons license retain copyright but allows others to copy, distribute and make use of their work. This lets people remix a style in their own way. For example the Harlem shake and Gangham style, people have created their own version.

The most popular wesbite which this is done is probably Youtube.
Democratised
People can now add their own music to websites such as Soundcloud or slicethepie.

Even apps do this for example GarageBand which lets you record and share music via your smartphone. However many artists have their music stolen from wesbites such as these. Also very few people actually contribute to these kinds of websites.

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