Tuesday, October 28, 2014

Diversified market

In the “cooking pot’ article, Ghosh mentioned that “The cyberspace earnings come in the format of having a network of people that know me and trust me, and that I can depend on in return.” The word, ‘network,’ grasped my attention. I believe that networks can boost the development of technology and else. Such networks are totally free to join, thus, people whoever have some interests in the process of development can join without no restrictions.
Also, Gosh mentioned that reputation is “a measure of value placed upon certain producer-consumers - and their products - by others and the flow and interaction of reputation is a measure of the health of the entire cooking-pot economy.” This is totally true. On online sphere, like online opinion leaders, reputation is a credible and decisive factor for followers to consume the information that such opinion leaders are producing. They might be amateurs and might not want to earn money from their activities. We should feel thankful for such free works.
Consumers preferred free stuffs. It is human nature. They might be one of the participants for the developmental process of technology by giving fruitful feedbacks. BUT, I want to mention that besides free stuffs, there are other stuffs that consumers are willing to pay. Our market is diversified! Free vs paid stuffs.

When this division goes to Journalism, audiences can freely join some production of Journalism stuffs, like live-tweeting, blogging and Reddit. However, still some paid online Journalism stuffs are enriching (pay-wall). This means that some audiences are willing to pay those stuffs. Also, there is a clear difference between free and paid Journalism in terms of credibility. Journalists are well-trained and decent writers. This is the reason that journalists should be required to do more than ever. Their reputation on online does not guarantee their living. Of course free stuffs are keeping on developing, but journalists should precede such trends, to maintain their position and popularity all together.

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