The real gap is between doing nothing and doing something.

A firm is successful when the costs of directing employee effort are lower than the potential gain from directing.

So forget about blogs and bloggers and blogging and focus on this - the cost and difficulty of publishing absolutely anything, by anyone, into a global medium, just got a whole lot lower. And the effects of that increased pool of potential producers is going to be vast.

Any system described by a power law [...] has several curious effects. The first is that, by definition, most participants are below average.

Egalitarianism is possible only in small social systems. Once a medium gets past a certain size fame is a forced move.

[C]ollaborative production is simple: no one person can take credit for what gets created, and the project could not come into being without the participation of many.

The whole, 'Is the internet a good thing or a bad thing'? We're done with that. It's just a thing. How to maximise its civic value, its public good - that's the really big challenge.