Wednesday, March 30, 2005

Winston-Salem Journal | Greensboro creating an "electronic town square" with blogs

Winston-Salem Journal Greensboro creating an "electronic town square" with blogs

The above link is a nice article demonstrating the change that newspapers must make. In earlier discussions, we talked about how Dow Jones made the right move to buy CBSMarketWatch, the NY Times made the right move to buy About and the combination of Gannet, Knight-Ridder and The Tribune made the right move to buy the news aggregator.

Newspapers must respond to the internet challenge. Internet users can program the automatic delivery of "personalized" news. Newspapers have had the advantage of offering local news. Bloggers are taking this advantage away. The above article shows that there are many ways to innovate using the internet. I expect newspapers across the country and around the world to make similar moves. The productivity machine continues to march forward. Why should anyone waste precious resources driving a truck around filled with reams of paper? The internet can deliver the same content at a small fraction of the costs.

GOOD NEWS AHEAD! PRODUCTIVITY IS MATHEMATCALLY THE EQUIVALENT OF WEALTH! BIG MONEY WILL BE MADE (OR SAVED) IN THE YEARS AHEAD!

A big thank you to the heads up from Courtney. As a computer teacher, she has a good sense of were computer usage is going.

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