John Young wrote:
A new electronic commerce paper: "Internet Markets: Emerging Business Models" By Dan Yurman December 11, 1996 What are business models for profiting on the net? Perhaps the best metaphor to describe Internet business is that it is like the California gold rush of 1849. A wave of entrepreneurial start-ups have entered the field, but all are struggling to find the gold. The miners are going broke while the saloon and general store owners, and the brothels, are prospering. Anyone who wants to make real money in mass markets is going to have to break the mold of "business as usual" and offer real value which is not available offline.
Offer "real value", huh? The one guy who produces something does OK, The leeches do OK, But the vast majority who aren't so *lucky* don't do OK. So the general public is encouraged to follow this example of economic opportunity? More decadence and ruin, if you ask me.