Does not the social web transcend time and space? I am thinking that the Social web maybe Einsteins theory made real? In the real world – time and space are fixed. But we know that cosmically they are variables. But NOW a 30 year old concert is back and back forever. There is room in terms of Space for it not only to exist but to be found and then shared.

As most of the economics of 1.0 are based on the idea that time and space are fixed – you can only watch Masterpiece Theatre on Sunday nights on say WGBH – or you can only buy my book from Barnes and Noble when it is open and if there is shelf space – this means that 2.0 will destroy ANY BUSINESS MODEL THAT DEPENDS ON VALUE CREATED BY A FIXED TIME & SPACE.

So if time and space are now variables, where is the new value? This is surely the question of our time. My friends in public TV and radio are sweating it now.

I think we can see some hints. David Weinberger is off for a European tour to talk about his book – My bet, is that people will pay a lot of the experience of hearing him in person – pay him more that he can get by selling the book. Now the book becomes a marketing tool and the in person becomes the scarce value. Isn’t this the Rolling Stones model? The big money is in the experience that you can only get by going to a concert.

The shared human experience is what is in short supply.

Good content is always hard to create – but it has been valued more because of the constraints of Time and Space. The value has been in the distribution channel – look at food for instance. Farmers are going broke all over but the food chains are booming.

So my bet is that part of the new value is in connecting the producer and the consumer in a new more human way where the ultimate product is a better experience for both