Kara Swisher

Recent Posts by Kara Swisher

In a Word

no

In this post on his NewTeeVee site, Om Malik said organizers of the still-in-the-planning-stages joint venture between NBC Universal and News Corp. are making the rounds, trying to raise $100 million for the online video service designed to counter the growing power of YouTube.

That puts the valuation of the still-unnamed project at $1 billion.

Is it worth that much?

Hmm. Let me think. Hmm.

No.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work