Words from the Media Futurist

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Information about Words from the Media Futurist

Published on February 14, 2009

Author: bomatson



Gerd Leonhard is the man. He shows us where the media industry is going

Gerd Leonhard The Future of Media Presentation @ Google London July 11 2008 Friday, July 11, 2008 1

Friday, July 11, 2008 2

We are only beginning to understand the huge consequences of the shift from Disconnected to Connected Friday, July 11, 2008 3

Friday, July 11, 2008 4 From ‘The Network’ to NETWORKED Example: Music Friday, July 11, 2008 5

A Sharing and Forwarding Culture Friday, July 11, 2008 6

CHANGE staring in the Face of the Content Industries Source of Cow Pic: Friday, July 11, 2008 7

Now, People will subscribe to People. (And to Mass Media, too) Friday, July 11, 2008 8

Friday, July 11, 2008 9

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Web4.0: SmartNoise Web3.0 Filter the Noise Web2.0: Make Noise Web1.0: Get (hear & see) ‘Noise’ Friday, July 11, 2008 12

All living on the Grid? Walter Mossberg on the Future of the Internet and Rise of the Cell Phone: the PC has peaked, and the future of the internet belongs to pocket computers: The internet is a grid,quot; he remarked, quot;and we're all going to be living on it, and carrying it in our pocket all day long.quot; Friday, July 11, 2008 13

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Content Friday, July 11, 2008 16

A message via the St. Petersburg International Economic Forum: Economic Egoism is not working anymore Friday, July 11, 2008 17

Friday, July 11, 2008 18 Trust is the key Friday, July 11, 2008 19

Trends Multi-lateral Consideration vs ‘Egoism’ Sharing & Collaboration vs Walling ‘Collaborative Competition’ Skillful Open - Closed Continuum Transparent vs Secretive Trust & Merit vs Control Friday, July 11, 2008 20 From somewhere on the Net: “Why does Google insist that it’s goal is to ‘organize the world’s information’? Because it’s figured out one of the deepest secrets hidden at the heart of 21st century economics: Markets, networks, and communities can organize economic activities radically more efficiently than firms.” Friday, July 11, 2008 21

The story of the New York Times: Less Control... more Revenues? Friday, July 11, 2008 22 And finally... the Britannica! Friday, July 11, 2008 23

The challenge for Content Owners: Make $$ around the content Friday, July 11, 2008 24

The End of Scarcity changes everything Friday, July 11, 2008 25

The End of Scarcity changes everything n Friday, July 11, 2008 26 Friday, July 11, 2008 27 The End of Control as we knew it: A huge paradigm shift: it’s not total control that wins in tomorrow’s markets - it’s total empowerment. It’s no longer about certified and central authority and the ‘select few authorized professionals’ but also about the combined power of masses of people. It’s no longer just about actions guided by one’s own concerns and immediate gains (economic egoism) but also about considering the effect on the ecosystem - the network - as a whole Friday, July 11, 2008 28

• Digital content is not the same as physical property • Ownership enforcement is less important than Usage • Listening / viewing now is copying • Searching is getting • Value can no longer be defined just by unit sales Friday, July 11, 2008 29

Making money with Free Content? BPI chief executive Geoff Taylor told BBC News that the body was prepared to ... take ISPs to court. quot;There is a phenomenal amount of piracy out there and we believe that the idea that 95% of content on the net is free is not sustainable. We don't believe that society can allow the free consumption of content to persist,quot; he said. Friday, July 11, 2008 30

Old tollbooth logic Friday, July 11, 2008 31

New tollbooth logic Friday, July 11, 2008 32 But what IS Content? Friday, July 11, 2008 33

Redefining Content All Click IS Streams Context Packages & ‘Skins’ C Text Rating Music & O Audio N Usage Images History T Tags Video E ... Attention Edits & N Mixes Kernels Meta T Playlists Data Friday, July 11, 2008 34 Evaporating Distinctions: Creator and Non-Creator Professional and Amateur Now, all of us are both - at different times & in different places Friday, July 11, 2008 35 Many Content Producers will expand into becoming Context Providers, Curators, Aggregators, Packagers... Curation: Exposing and Seeding, Testing, Rating, Tagging, Contextualizing, Remixing, (Re-)Framing, Packaging... Friday, July 11, 2008 36

The Internet is essentially forcing us to reinvent advertising Friday, July 11, 2008 37

Advertising is Publishing Users Paying Attention In Return for Getting Free Content Friday, July 11, 2008 38 The key to the Future of Advertising: the right blend of Sharing vs Privacy Explicit Permission to temporarily and safely use Attention-, Sharing- & Clickstream-Data in return for free Content (Media) and Services Friday, July 11, 2008 39 Media & Content is in the Network - and so must Advertising! Friday, July 11, 2008 40 Friday, July 11, 2008 41 Brands are Broadcasters Friday, July 11, 2008 42 Context: the Future Role of Telcos and Operators: Content, Service and Data Pipes Friday, July 11, 2008 43 Friday, July 11, 2008 44 The complete rethinking of “Education” is next Friday, July 11, 2008 45 Friday, July 11, 2008 46 Some Future Challenges Collision of old and new copyright paradigms Total re-write of the concept of ‘Education’ Constant Privacy Paradoxes Mental Obesity Attention Scarcity Globalization of hereto protected spaces and people Reducing Economic Egoism Friday, July 11, 2008 47

Summary Summary Economic Egoism is so 1.0 Data is Content is King Advertising is Publishing Feels Like Free Content is here Trust is the # 1 mission, across the board Relevance over Quantity The End of Control is shaping up everywhere Friday, July 11, 2008 48 Thanks for listening! Gerd Leonhard Friday, July 11, 2008 49

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