Techdirt: The Economics Of Free Isn't Good Or Bad -- It's Sim...
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Even worse, Iskold fails to show how it's actually bad on a larger scale. What he does is show how it's bad on a micro scale for certain companies. But, you could make that argument for anything. Automobiles were "bad" for buggy whips. The printing press was bad for scribes. The telephone was bad for telegraph operators. Yet, on a larger economic scale, all of these things opened up more opportunities to the economy. The same is true with the economics that are being discussed these days. Recognizing the inevitability of infinite goods to be offered for free increases the resource pool and opens up many new opportunities to provide goods and services -- and to profit from them.
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