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I have to agree that medium and long-term though, online is still underhyped, scary as that is to say!
Most interesting for me will be to monitor the relative successes of the (sure to be) different approaches to monetising the user-generated web that content-rich, protectionist NewCorp and content-free, openly syndicated Google will adopt. It’s highly likely that both will come up with successful strategies, but I’m betting that there are many web2.0 entrepreneurs out there who will be watching with interest. Personally I hope Google blows them to shreds!
Mark Cuban may be onto something (though I must admit to not believing this to be the case), but he’s also eating humble pie after brashly stating a couple of weeks ago that no one would touch YouTube. I think that people are too easily preoccupied with the potential for copyright infringement, when the real value of sites such as YouTube is the genuinely amateur fare that is available. An awful phonecam video that we posted on YouTube of the Jose Gonzalez’s gig at The Armchair has been viewed thousands of times in the last few months despite being one of hundreds of versions of the same track! The mind boggles.