AlexSchleber’s Quick Hits Business Mindhacks

You and your ilk are like the monks of Gutenberg's time. You have been sole owners of the knowledge and tools for so long, you feel it is a natural state and are blind to the fact that you are not God's special flowers. Your way is not the only way and it is no longer the right way. What's more, you might not even have a place in the new way.

It turns out that what you do isn't that special at all. You're being replaced by economies of scale and "amateurs." Amateurs who can do your job better and cheaper. Because we care. Because we have the time, and because there are just so damned many of us.

This is a very interesting point about blind-spots. Even though I didn't like the name-calling tone of the rest of this comment, this point is well taken.

The original post by Jason Pontin, though a few months old, is still a very thorough (and for the most part balanced) overview of the structural problems besetting Old Media. Definitely worth clicking through and reading.

But in the end I must agree with the commenter here that the "tweaking" solutions Potin proposes will not be the answer. Only true innovation, i.e. the creation of something new and better can "save media". Think "10 TIMES better, not 10% better".

I wrote this week on another media mogul in deep denial, Rupert Murdoch and his Pay-Wall pipe dreams: