Too Late

More

Walter Isaacson:

The key to attracting online revenue, I think, is to come up with an iTunes-easy method of micropayment. We need something like digital coins or an E-ZPass digital wallet a one-click system with a really simple interface that will permit impulse purchases of a newspaper, magazine, article, blog or video for a penny, nickel, dime or whatever the creator chooses to charge.

I remember fantasizing about this several years ago. But it's is not going to work for the reasons Felix Salmon cites and because there is too much good content out there for free. Seth Roberts retorts:

...before occupational specialization came hobbies skilled work done for nothing. The mental tendencies that led us to do hobbies are still within us.

And the web vastly lowers the costs of sharing the fruits of said hobbies with others. You can't monetize it all. But I, for one, am grateful for David Bradley. (Plus: we're doing pretty well with ads.)

Jump to comments

2006-2011 archives for The Daily Dish, featuring Andrew Sullivan

Get Today's Top Stories in Your Inbox (preview)

Where the Wildest Things Are

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Where the Wild Things Go

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Adults Need Playtime Too

When was the last time you played your favorite childhood game?

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down