Gutenberg and the social media revolution: an investigation of the world where it costs nothing to distribute information
AbstractThis article exposes the impact of a fundamental shift in the way information moves within our society, which is generating creeping obsolescence for the business models of organizations involved in the institutionalized provision or mediation of information, be they newspapers or banks, as well as creating a new information space that is currently called social media. The article examines the way in which the disruptive effect of social media is already making its presence felt and sets out a course for organizations who wish to adapt to the world of social media. This is based on shifting investment from control of content and transactional channels into the collaborative, collective, and communal assets where value will sit in a world where power no longer resides in the institutionalized capability to control access to information.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Capco Institute in its journal Journal of Financial Transformation.
Volume (Year): 24 (2008)
Issue (Month): ()
Contact details of provider:
Postal: 120 Broadway, 29th Floor New York, NY 10271
Phone: +1 212 284 8600
Web page: http://www.capco.com/
social media; social media revolution; Gutenberg; Richard Stacy;
Find related papers by JEL classification:
- M30 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Springett).
If references are entirely missing, you can add them using this form.