An nameless reader writes "The budgetary crisis will finally eliminate open source projects and the 'Web 2.0 free economy,' says Andrew Keen, author of The Cult of the Amateur. Along with the trade downturn and record job loss, he says, we will see the elimination of projects including Wikipedia, CNN's iReport, and much of the blogosphere. Instead of users gift their social welfare 'for free,' he says, we're about to see a 'sharp public relations shift in our sentiment toward the viable
notes:economic means 'pertaining to the extension and use of income' and economical is 'avoiding waste value of our labor' and a rise of online media businesses that reward their contributors with cash. Companies that will survive, he says, include Hulu, iTunes, and Mahalo. 'The hungry and cold unemployed masses aren't going to resume giving away their intellectual labor on the the net* in the supposititious hope that they might get some "back end" revenue,' says Keen."
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