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Google, Facebook, and the Future of Online Business Models

Hamburg.
Unfortunately I had to miss the talk following mine at next09, by my host at the Hans-Bredow-Institut, Jan Schmidt - I had to do a couple of interviews with German media. So, I'm now in the post-lunch 'fireside chat' session with Jeff Jarvis and Umair Haque. We begin with a discussion of business models in a Googlified economy, and Jeff says that sharing your intellectual property always comes first here. In the end, you don't charge as much as the market can bear, but as little as you can bear.

Produsage and Business

Hamburg.
OK, I'm next at next09, speaking on produsage and business. Here's the presentation - audio to come as soon as I get a chance is already online, too...

Update: a video of my presentation is now also available through conference partner Sevenload.

The Human Network of Social Media

Hamburg.
We're now starting the second and last day of the next09 conference here in Hamburg - and we begin with a speech by Brian Solis from Futureworks. His theme is what he calls 'the human network': the social and cultural networking which is enabled and supported by social media technologies (but is so much more than just the technology itself). For Brian, the share economy (which gives this conference its title) is the social economy - an economy in which conversations represent social currency, in which we earn social capital and influence rather than simply monetary value.

Fundamental Principles of Capitalism 2.0

Hamburg.
The next keynote speaker at next09 is Umair Haque from Havas Media Lab, who continues the theme by exploring what 'capitalism 2.0' might look like - his suggestion is that we're moving towards a new form of 'constructive capitalism', and that we need a capitalism where the costs of creative destruction are minimised, and the benefits maximised.

Today, the global growth in GDP has slowed drastically; there is a kind of 'zombieconomy' of old companies with obsolete business models which no longer manages to create value, but used to be core drivers of GDP. What this means is that corporate strategy as we know it is obsolete; instead, interaction between people is exploding, and this sits immediately at odds with the 'market are there to be dominated' approach of conventional industry.

The Great Restructure of Everything at next09

Hamburg.
I've arrived in beautiful Hamburg, where I'll spend the next six weeks as a fellow of the Alcatel-Lucent Foundation for Communications Research and a visiting scholar at the Hans-Bredow-Institut for Media Research. The major event of these first few days here, though, is the next09 conference - a major conference for the German and European media industry which has drawn some 1300 delegates and operates this year under the title "Share Economy". I'm speaking tomorrow, on "Produsage and Business" (presenting some of the outcomes from my work in the Smart Services CRC). Should be fun, and it's held in a brilliant venue, the converted factory space Kampnagel (which reminds be a little of Toronto's Koolhaus). Videos from all of the presentations will be online soon, too!

Produsage and Business: Sharing Your Brand with Users (next09)

Produsage and Business: Sharing Your Brand with Users

Axel Bruns

  • 6 May 2009 - next09, Hamburg

Relations between brands and their users continue to be affected by a traditional perspective that sees the producers and consumers of goods and services as inherently different animals. In the emerging information and knowledge economy, and especially in online contexts, this model is no longer sustainable. Instead, spearheaded by the Web 2.0 phenomenon, there is a trend towards the fusing of production and usage as a new, hybrid process of produsage.

Creating New Forms of Cultural Participation

Frankfurt.
The final speaker here at the Prosumer Revisited conference is Gerhard Panzer, whose interest is in the consumption of cultural goods. Such cultural consumption can be defined as the purchase and/or use of cultural works and services; these are objects that have specific embedded meanings, whose quality is realised through the process of reception. Their value is determined through attention and recognition; consumers of such objects are therefore co-producers of (the value of) cultural works.

Cultural producers, in turn, are also consumers of other cultural producers' works, and are influenced by their wider environment (competitors, financiers, publishers, audiences, etc.). This influence may have taken place against the wishes of cultural producers (where patrons or publishers altered works) or may have been specifically sought out by cultural producers (for example through live performance). Indeed, markets for cultural products are themselves also complex networks of institutions.

(Environmental) User Motivations on eBay Germany

Frankfurt.
And we're in the last paper session at Prosumer Revisited, which is kicked off by conference chair Birgit Blättel-Mink whose interest here is in the sustainability potential of online trading using eBay. This work is part of a larger research project which examines the online used car trade in Germany. For the purposes of this project, prosuming using eBay is defined as usage of the site to buy and sell products - a more active form of usage which also leads to the more frequent trading on and trading in of products.

Prosumption as an Improvement in Market Intelligence

Frankfurt.
The next speaker at Prosumer Revisited is Patrick Linnebach, whose interest is in trust in prosumption activities. In the first place, however, it is necessary to define markets: they can be described as a group of producers closely observing each other (though not the consumers directly) - this is a form of interaction-free sociality (as competitors do not directly interact, even though they're keenly aware of each other. This is distinguished from direct interactions, for example in cooperation or in financial transactions.

Whither Prosumption - and Why?

Frankfurt.
From this very interesting keynote at Prosumer Revisited we move on to a presentation by Kai-Uwe Hellmann, who returns us to the bigger picture of trying to understand what this 'prosumer', what this active, productive, consumer figure actually is. He begins by considering Toffler's own work on the prosumer - he noted that the distinction between producer and consumer was a phenomenon of the industrial age, but that this distinction did not exist during preindustrial times and is disappearing again in the postindustrial age. But what does prosumer mean - getting the consumer to do the job, becoming part of the production process, producing goods and services for one's own use?

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