These were some great articles, very informative, and very thoughtful. The movie about the bubble was a good post, although they kinda tried to give it this creepy theme which to me seemed kinda corny, but it was a very real tragedy and effected many people. I like what Mr. Heilimann said comparing the internet bubble tragedy to many other bubbles that have taken place throughout time, such as the railroad boom, and the auto industry boom. Looking at it this way shows just how resilient we are as a civilization to come back from what seems at the time like insurmountable hardships and continue to grow and develop as a species.
The post on the long tail was something that really interested me, as someone who thinks of capitalization as the way to do things, this shows you a whole new way to go about it, and still make money from it. Its the perfect business model for the new digital world, as space becomes ever more infinite you can afford to run your business like this and do it in such a manner that you change the whole game completely. Although seeing things like this and reading these articles makes me wonder what these, “brick and mortar” establishments will have to do in order to stay competitive and not fizzle and and become forgotten.
Lastly, the story on free is really a new way of thinking, and being on what I consider to be the tech savvy side of the business model, I like it! This idea is the exact reas0n why things like record companies are continuing to lose money, at least the companies that insist on doing business by the old model. Things always change and just like the long tail business model, if you don’t also change, eventually you will become obsolete and unnecessary. Now, this does not mean you should follow the most successful business model and hope that you can capitalize on it, in fact, you should not do this at all. We should all be looking for better way of doing everything, not just business transactions but all aspects of our lives should strive to be done in the most efficient and honest way. It’s the companies that continually do this that get out in front and can weather through tough times like the one’s mentioned in the “Bubble” video.
