The value of commonality

If you've got a minute, hop over to a post by Michael Rosenblum, whose pedigree includes founding New York Times TV and helping to set up Al Gore's Current.tv.

Rosenblum quickly and clearly explains how in the networked world the economics change -- that value no longer comes from scarcity, but from commonality. He uses the telephone as a great example -- not very valuable if only a few people have one, but if everyone does ...