Tagged: profit

the prosumer and intimate profit

by nathanjurgenson Recently, this blog has focused on the labor of the crowds. I have posted that the “prosumers of the world should unite” and have continued to write on the topic. Bmckernan expertly handled the topic when discussing “light” capitalism and more recently pj.rey convincingly demonstrated that prosumption is a structural force at play in the death of old media. This post is driven by the recent announcement that Facebook, now nearly the size of the United States, has...

prosumers of the world unite

by nathan jurgenson Lately, we have been doing lots of work, for others. For free. Millions of users of sites like Facebook and MySpace are clicking away at their profiles, adding detailed information about themselves and others. “We” are uploading content to sites like Flickr, YouTube, the microblogging service Twitter and many others, and our labor creates vast databases about ourselves –what I previously described as a sort of mass exhibitionism. Facebook’s profit model is built upon an ownership of...