Freenomics and language learning

Here is the podcast.

Chris Anderson has coined the term "freenomics" to describe the effect of the Internet on economics. Se this  article. This has application for language learning.

He says, for example,
"The dominant business model on the internet today is making money by giving things away. Much of that is merely the traditional media model of using free content to build audiences and selling access to them to advertisers. But an increasing amount of it falls into the free-sample model: because it is so cheap to offer digital services online, it doesn’t matter if 99% of your customers are using the free version of your services so long as 1% are paying for the “premium version”. After all, 1% of a big number can also be a big number ."

Comments

[israel]

Maybe you want to see this video: http://www.ted.com/talks/view/id/247

It's about open-source economics.

israel.