When a 14-year-old can blow up your business

“When a 14 year old kid can blow up your business in his spare time, not because he hates you but because he loves you, then you got a problem,.” Clay Shirky writes on his blog.

His take on what has happened to newspapers states:

: "There's no general model for newspapers to replace the one the Internet just broke," " writes Shirky in his widely circulated essay. "With the old economics destroyed, organizational forms perfected for industrial production have to be replaced with structures optimized for digital data,.

"Who covers all that news if some significant fraction of the currently employed newspaper people lose their jobs? I don't know. Nobody knows. We're collectively living through 1500, when it's easier to see what's broken than what will replace it."

There were 285 comments the last tine we looked.

Click on the headline to read Shirky. Thanks to Jim Kavanagh for sending us the link.