Wednesday, September 10, 2003

Technology Review looks at micropayments.  Some interesting points from the article: "The question isn[base ']t whether we will pay for content: We already are. The question is how, and how much. ... BitPass is lowering the stakes by experimenting with micropayments in specific content domains where they would seem to offer buyers and sellers the greatest advantage. " Clay Shirky's arguments against micropayments are examined, and addressed. "An economy based exclusively on subscriptions would evolve toward media concentration because subscriptions play to the advantage of large media companies that can offer the broadest range of content." "Micropayments would support the fragmentation and diversification of Web content, allowing a broader range of producers to compete for our entertainment dollars. " "As is so often the case, we need to think about micropayments less as a revolutionary new technology and more as part of a long term evolution in the ways we think about online content. " If you are interested in the potential of micropayments, I recommend the article. 5:00:01 PM

Microsoft moves to open up its video standard, from MSNBC. It has submitted Windows Media 9 format  to the society of Motion Picture and Television Engineers for review. 7:05:18 AM

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