CMNS 240 Chapter Notes -Abc World News Tonight, Yochai Benkler, Soundcloud

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Reading: benkler - wealth of networks: chapter 1. Two big changes in advanced economies (the major industrial powers: us, britain, japan, Germany: production shifted from physical goods -> information goods and services (movies, software, tax services, communication tools have shifted from centralized, mass market approach (cbs primetime, Abc evening news) -> much more distributed and interconnected approach (internet) These shifts lessen the market"s influence on politics. First shift means that this new form of production will play a central, rather than peripheral role, in advanced economies. Design of new technologies (like the internet) that allowed for user-to-user communication. Price of computation, communication and storage declining steadily. Old industrial information economy, communication was often burdened by price constraints (cost of printing, mailing, broadcasting, etc. ) These costs were proportional to the audience so the average individual could not afford to broadcast on radio/tv. Now it is extremely easy to broadcast (youtube, soundcloud, etc. )

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