Dealing in Intangibles

What happens to our economy when we lose Blockbuster, Barnes & Noble and the public library? A lot more than industry shift and For Rent sign shortages. We lose the trust, the people, the face to face accountability. When you shopped at a store in the ancient times, you exchanged money (the value of this tangible is up for another lengthy discussion) for a tangible item, such as a CD or book. Amazon and iTunes make this transaction obsolete. Two clicks and you have megabits of data transmitted to you magically.

I got kicked off YouTube for legitimate copyright violations. I also got kicked off for a flurry of poor flags regarding footage I owned. In a flickr, I lost all of the value that my account had accrued. Millions of viewers is lots of potential energy and possible revenue. It IS power. But at a whim, YouTube-Google swiped it away. With quick CPM advertising crunching I could value the loss at $10,000. Ouch.

So, who do I call? How can I avoid this unfair practice from ever affecting me. If YouTube was down the block I'd stop shopping there, bring my business elsewhere. Hmmm. Yahoo! Video? Yeah, right.

Hey, US Justice Dept, is there are problem here.

The Facebook Problem:
Valuation of 15+ billion USD is more than threatening to brick and mortars. That's ten times the value of Coca Cola. That's a bigger price tag than the US auto industry. This presents many issues that we've not had to conceive of except in love and marriage: trust.

Not just to protect your privacy and not abuse the catalog of information they now own. Go to Facebook and you don't see a Book. No facebooks a la collegiate dorm rooms. Just non-brand Dells and hundreds of nerds. They have no assets. Just perceived assets. Projected wealth. Value in an idea that has nothing to show for their value, but a PowerPoint and some Analytics.

The hypocrite ponders. Sitting atop a pile of potential energy, toggling with the output of one's mind. My receipt is vouchers for a promise of further receipts (IOUs for IOUs). Give me a greenback for a word and the cycle will keep me on the dole.