Wired's cover story for March by editor Chris Anderson is well worth reading. Free! Why $0.00 Is the Future of Business
I think it's interesting to note that public libraries have always operated on the "free" premise. But in a world where digital business models are also shifting to "free", I wonder what this mean for libraries? Can we compete by maintaining not-for-profit models and organizational structures? Or do we need to shift to (or invent) new models in order to be sustainable in an abundant and "free economy" ?
BTW: If you don't feel like reading the full article, you can get the highlights from Chris Anderson's 3 minute video.
PS: Is anyone sensing a follow-up book to Anderson's best seller, The Long Tail?
PSS: Yup, I thought so. Post note at the end of the article "Chris Anderson is the editor in chief of Wired and author of The Long Tail. His next book, FREE, will be published in 2009 by Hyperion."