Friday, January 04, 2008

Department of Correction

Cyclone Rollercoaster
Originally uploaded by _PaulS_
2008 is going to be an interesting year, especially in traditional and "so-called" Web 2.0 media industries. I am currently making a list for clients of companies and sectors which are not going to make it to January 2009 and it's quite a long list. Bonkers business models, like those of Facebook, MySpace and Worldspace, will correct themselves this year. US$100 oil prices will sort out some members of the broadcasting business. If you're not making tagged (labeled) content then you cannot find what you've made. And mediocre content will slip further into the sea of oblivion, fortunately never to be found again. Can't talk here about the rest, but we're reaching a major tipping point....roughly where the rollercoaster is on this great picture from Flickr.
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