The more people are involved in a given task, the more potential agreements need to be negotiated to do anything, and the greater the transaction costs.

Wikipedia took the idea of peer review and applied it to volunteers on a global scale, becoming the most important English reference work in less than 10 years. Yet the cumulative time devoted to creating Wikipedia, something like 100 million hours of human thought, is expended by Americans every weekend, just watching ads.

We have lived in this world where little things are done for love and big things for money. Now we have Wikipedia. Suddenly big things can be done for love.

A revolution doesn’t happen when society adopts new tools. It happens when society adopts new behaviors

Communications tools don't get socially interesting until they get technologically boring.

The loss of control you fear is already in the past.

The future presented by the internet is the mass amateurization of publishing and a switch from 'Why publish this?' to 'Why not?