Worth a read on wikileaks Wikileaks, the World’s First Stateless News Organization
Ask yourself: Why didn’t Wikileaks just publish the Afghanistan war logs and let journalists “˜round the world have at them? Why hand them over to The New York Times, the Guardian and Der Spiegel first? Because as Julien Assange, founder of Wikileaks, explained last October, if a big story is available to everyone equally, journalists will pass on it.
“It’s counterintuitive,“ he said then. “You’d think the bigger and more important the document is, the more likely it will be reported on but that’s absolutely not true. It’s about supply and demand. Zero supply equals high demand, it has value. As soon as we release the material, the supply goes to infinity, so the perceived value goes to zero.“
I mentioned google base and google trying to enter their own Chili while still being the judge of the chili contest (excuse the metaphor). The NYT and Gawker are both commenting as well that while brands may be built on PR, the media empires still have some teeth and won’t like seeing their ad revenue dissappear.
The scariest development for the newspaper industry was the announcement (on that same Wednesday) that Google, the search engine company that wants to be the wallpaper of the future, was going live with Google Base, a user-generated database in which people can upload any old thing they feel like. Could be a poem about their cat, or their aunt’s recipe for cod fritters with corn relish.
Or, more ominously for the newspaper industry, people could start uploading advertisements to sell their ‘97 Toyota Corolla. Craigslist kicked off the trend, giving readers a free alternative to the local classified section. If Google Base accelerates the process, the journalism-school debates over anonymous sourcing and declining audience may end up seeming quaint.
(Several links added by me.)
I found the link through Gawker. So, it now qualifies as juicy gossip although not quite as good as Kate Moss.
What it does mean is that google and blogs are literally going to put traditional newspapers out of business. Not sort of, kind of, maybe, but literally the revenue stream for printed newspapers will be removed, already is being removed, and when that happens they are hosed. Speaking as someone in Houston where the Chronicle with few exceptions is a reprint of AP Wire Services, I don’t know that I will miss it.