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OSCON 2012: Tim O'Reilly, "The Clothesline Paradox and the Sharing Economy"

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Open source software was one of the earliest successful examples of a sharing economy that has had huge economic impact. But as alternative energy advocate Steve Baer once noted, ecosystem services are often ignored in economic analysis: when you put your clothes in the dryer, the energy you use is measured and counted, but when you hang them on the line, they disappear from the measured economy. In this talk, I explore how various sharing economies are directly and indirectly monetized, and ruminate on their future. Tim O'Reilly O'Reilly Media, Inc. Tim O'Reilly is the founder and CEO of O'Reilly Media, Inc., thought by many to be the best computer book publisher in the world. O'Reilly Media also hosts conferences on technology topics, including the O'Reilly Open Source Convention, the Web 2.0 Summit, Strata: The Business of Data, and many others. O'Reilly's Make: magazine and Maker Faire has been compared to the West Coast Computer Faire, which launched the personal computer revolution. Tim's blog, O'Reilly Radar, "watches the alpha geeks" to determine emerging technology trends, and serves as a platform for advocacy about issues of importance to the technical community. Tim is also a partner at O'Reilly AlphaTech Ventures, O'Reilly's early stage venture firm, and is on the board of Safari Books Online.
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Text Comments (16)
Simon Stiphanos (3 years ago)
By the way, Friedman said that the world's economy works by each individual pursuing his own separate interests. Instead of trying to sway individuals with that terribly uninformed speech. Why don't you learn what Friedman was really saying. O'Reilly stated "capital isn't what forms jobs." Really, then why does a cook in the U.S. live so much better than a cook in North Korea? Actually, in North Korea there really is no income disparity -- everyone's poor. So go smoke more of whatever you were smoking. I'm a software engineer, I've done thousands of hours of work in my community, I grew up in poverty, and I sure as hell am more informed than you are.
Simon Stiphanos (3 years ago)
This was a terrible speech, and I deeply hope that this wasn't a keynote. He even misquoted Milton Friedman, then called what Friedman said a lie -- in which it was him actually lying to his audience. I was sincerely hoping this was something I could burn through an hour or so while I was at work and maybe learn a thing or two, but the gentlemen doesn't have a clue what he's talking about. A waste of everyone's time.
Simon Stiphanos (2 years ago)
Good argument.
IamMANnumber1 (2 years ago)
Friedman was a psychopath.
Dr John Pollard (3 years ago)
"A business should create more value than it captures" is the quote.
Michael Holloway (5 years ago)
Tim's OccupyWallStreet statement. For me, even better the second time. Lots of content here - as usual.
Tom Jakcons (5 years ago)
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vic button (6 years ago)
The only answer is to make our money system obsolete and change to a gift economy.
smrki1 (6 years ago)
Thanks to Tim O'Reilly, I am reading Les Miserables by Victor Hugo. Indeed a great book.
Kevin Shockey (6 years ago)
For me, all signs are pointing to the content industry having to redefine what is value? How does an author give more value than they collect? A film maker? A musician? If those questions don't make any sense, then how does a publisher give more value than they collect? A movie studio? A music label? What are their gifts?
roidroid (6 years ago)
What he said about popstars was amazing. They make more money on youtube than itunes, and half of it is from people embedding their music into their own personal videos. I guess all of that money comes from the ad revenue played on those videos, right?
mazetechsystems (6 years ago)
I agree, but I think the point is that they need to have a similar infrastructure for cable tv content. So when you pay similar amounts of money for cable tv as for internet and for when paying for cable TV much of you money goes to the content providers, on the internet no money goes to the content providers
Dan Catalano (6 years ago)
great grat lecture!
David Connor (6 years ago)
Incredibly valuable story telling.
bobsavage64 (6 years ago)
I'm so glad we have someone with the smarts and good sense that Tim shows. Another great talk.
vaXzine (6 years ago)
<3

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