economics

On Web 2.0 Weenies and Bullshit Social Media Economics

Burst out in a hearty laugh read­ing this post from Michael Gray. He takes Robert Scoble as an exam­ple for ‘Web 2.0 Wee­nies’ who get caught by the real­i­ty cops. In a nut­shell he claims that most social media activ­i­ties con­sist of com­mu­nic­taion, shar­ing, etc — but have noth­ing to do with earn­ing real money. As Michael says — it makes lit­tle sense try­ing to val­i­date or fal­si­fy his claim. I’m sure

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