All the Marxists should get a kick out of this, but unfortunately, they probably won't. The Death of Capitalism...by technology...in an age when a computer programmer can essentially own his own means of production, how far are we away from an individual owning his own TV network.
The cost of a facility for Webcasting is far less than the cost of a facility for television broadcasting. At some point in the relatively near future the quality of the webcast will be as good as, if not better than, that of broadcast television, and the cost of a webcasting facility for high-quality production will be within the range of many individuals. Just as the personal computer capable of producing first-rate software is revolutionizing the work relations of software, the personal webcasting facility will change the nature of the broadcasting media. It also changes the dynamics of production.
Pay attention to what happens with blogs - this is to publishing as what webcasting will be to broadcast media....for all of those who did well on the old SAT.
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