What makes the internet work or doesn't work? I mean besides oodles of venture capital , business ideas on back of envelopes, why after 10 years , this brilliant medium still has no revenues in the bank?
I have oft wondered why I have 5 free email accounts when I run up a 6500 buck monthly fee conversing on my phone, why I read newspapers free on the net , why I can access wikipedia without spending the 29,000 bucks I spent buying the Britannica, why I can search on google for free, why I play chess with a russian grandmaster on yahoo! for free when a 4 week, twice a day chess classes cost me 5000 bucks, why noone charges me for cracking sudokus on zapak when each book of a 100 sudokus cost me 200 bucks, why I can see maps without buying an atlas, why I can now read books or watch movies for free when a movie costs me over a 1000 rupees to see in a multiplex. Why does cable cost me 400 a month but liveTV on the net is free?
Why am in linkedin for free ? Why am I getting to see albums for free? Why am I blogging for free ? Why the hell is youtube free? Webpages are free and software is now free too! Didn't they sue good old Bill for protecting his source code and running a monopoly?
If advertising is the answer, I haven't clicked on any banner. Nothing relevant flashed for me to get enticed. Except googles links maybe- sometimes they are extremely relevant, but most times you can avoid them.
Who is making the money and how? Who runs this big free world ? Who pays for the cost of servers, bandwidth and expensive fibre optic connectivity below the oceans?
Shouldn't the service provider - the ISP ( quite a forgotten word in these days of broadband)- get a revenue share for my monthly internet access . Much like it happens in the real telecom world - every piece of content is revenue-shared between the telecom company and the content creator. This model has turned 'song downloads' into an industry bigger than the entire private FM industry today.
Some have hit the revenue model - because they serve a tangible need - books , movie tickets, concerts, travel , marriages , jobs - but the ones that provide referral information or the ones that help stay in touch - essentially serve it free. And that is truly baffling, considering the real cost of communicating or finding information.
Surely there should be a cost for everything online. Maybe like a subscription fee based model -which works very well for say daily stock tips by poweryourtrade.com or movies by bigflix.com which gives me 30 movies to watch a month for a couple of hundred rupees.
Some services use the net to save money- a bank can operate with a much smaller outfit as it saves on precious real estate. An electricity company or a telecom company can provide great customer service by enabling payment online. Some supplement offline products - you get some awesome help on the apple sites - my iphone and ipod are serviced online for free , but all additional music and features are paid for.
The other side of the internet revenue model - advertising- has also been run to the ground. By getting themselves into a cost-per-click mode of payments, they have sold themselves as the most accountable medium, resulting in abysymal revenues and a lot of bleeding businesses.
Maybe they should look at revenues share there too - if they are able to generate a good number of enquiries, they should sell the enquiries for a fee or charge a share of the overall revenue accrual.
It will be proven of the net as it has been of every other media, that what is free, has no value. ( except free hugs, maybe !)
The net is undoubtedly the medium of the future.
It should just believe itself more so.