Posts from July 22, 2005

The scarcity killer

The scarcity killer

: One of the slides in my PowerPoint BlogBoy dance calls the internet a scarcity killler and contemplates what that means for media: when advertisers can always find somewhere else to advertise and when access to scarce airtime and presstime is no longer valued.

It doesn’t kill commerce but it changes the rules and the value. So, for example, the scarce commodity might not be paper but may be trust. And so those who establish trust gain value in the future.

At Always On, George Gilder went on a nice, hyperbolic riff on scarcity:

“TV is dying fast and it will be followed by Hollywood. These industries fed on scarcity. There are only a few channels available. TV was technology of tyrants. It fed this advertising model that has collapsed,” Gilder told an audience at the conference. “The thirty-second spot is just going to die. Nobody is going to watch any ads they don’t want to see.

“Book culture and blog culture can redeem a civilization,” he said.

Search me

Search me

: I say it’s a good thing that New York police will start random bag searches on the subways.

Oh, I know it will be inconvenient when I’m late for a meeting and it’s 120-degrees down there and I fear there will be a line. Nonetheless, if and when the cops search me, I’ll thank them.

This morning on Today, they rolled out the “privacy” boogeyman. “Privacy advocates” were expressing concern. Who the hell are these “privacy advocates?” Name two. But listening to reporters, they seem to be everywhere. You just don’t know it. Because they’re very private.

And what precisely is the privacy problem? If the cops catch you carrying something illegal, well, you shouldn’t be carrying anything illegal. If they catch you carrying the latest Playboy — or, more embarrassing, Radar — then don’t worry; they’ve seen worse.

Are random screenings going to catch the next terrorist ready to kill people? We’ll never know. But it is worth the effort.