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filters
Evolution is driven by selection and attrition. The adapted ones flourish and the others wither away into oblivion. That also means that new and improved versions (of our genetically previous us for example) are build upon the DNA of the already improved version. And that is a Good Thing. As well as being the main reason we evolved in creatures that created Internet, Blogging and Youtube.
One of the nice aspects of the days before the Internet was that a lot of mechanism were available to filter talent so we will not be pestered by people incapable of the content they are pestering us with. In order to make a movie you had to go to a academy and before somebody gave you a budget you had to prove you have the talent by showing previous work, e.g. work done as an assistant to somebody else.
Also, quality costs money. Well, in most cases anyhow. You can not imagine a movie like Schindlers list, Moulin Rouge or Forrest Gump made on a shoestring budget. Talent costs money. High level camera's costs money. There are of course the proverbial exceptions: El Mariachi from Robert Rodriquez (7000 dollar budget) and maybe The Blair witch project (or was this the first example of Internet hype?). ...
Talent and Scarcity
Open Source, Wikipedia and others attract lots of people who spent lots of time in adding information and improvements. All for zilch, noppes, nada. At least financial terms...
Some think this is the way of the future. All new paradigms first attract the idealistic people. In the first days of the Internet commerce was simply not done. Flame wars should not be stopped by imposing rules and enforcement but by netiquette. Funny thing is that many of these idealistic first users also happen to be a bit anarchistic. This seems logical because these are the people that venture into the uncharted territories precisely because of the lack of rules there. I feel sympathetic to that. While reading the book of Yochai Bankler you get the feeling that we are on a new era of the altruistic society. I would love to believe this but I don't buy it.
In 1982 Güth, Werner, Schmittberger, and Schwarze wrote an essay with the title: “An Experimental Analysis of Ultimatum Bargaining,” (Journal of Economic Behavior and Organization, 3:4 (December), page 367). In this they laid down a special version of economic game theory called the ultimatum game. The game goes like this:
There are two ...
