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Friday, May 27, 2011

At the eG8, 20th century ideas clashed with the 21st century economy

At the eG8, 20th century ideas clashed with the 21st century economy: Benkler highlighted one of the central conflicts of the conference, pitting existing global corporations against the disruptive force of online innovators. The conflict, he said, is between 20th-century content industries that try to capture value by putting it in containers, versus 21st-century companies that focus on capturing the flow.