Social Media/Software Links for September 19th, 2008

Tim O’Reilly is sounding the alarm – O’Reilly: Stop throwing sheep, do something worthy:

“(These are) pretty depressing times in a lot of ways,” O’Reilly said in an address that first had looked like it would simply be a starry-eyed discussion of enterprise opportunities for Web 2.0. “And you have to conclude, if you look at the focus of a lot of what you call ‘Web 2.0,’ the relentless focus on advertising-based consumer models, lightweight applications, we may be living in somewhat of a bubble, and I’m not talking about an investment bubble. (It’s) a reality bubble.”

Lefsetz connects other media industries to the music industry – Lefsetz Letter: Denial:

Is this getting familiar yet? Does this sound like the record business?

What we’re going through in America replicates what happened in Japan in the 1990s. But rather than taking the bullet, eating the loss, the government continued to try to prop up the country’s financial system, to its detriment. It took almost a decade for it to revive. Every analyst says this was a mistake. They should have taken the hit immediately and started over.

The major labels refuse to believe we’re living in the twenty first century, they refuse to bite the bullet and get with the program, they want to continue to live in the glory days of the 1990’s. Isn’t that what Warner’s failed Estelle effort was about? Getting people to buy an overpriced CD to get the one good track? As they said in that old 1990’s TV show, homey don’t play that no more.

The labels have to confront reality, and bite the bullet now.

Dare explains why what bit Sarah Palin – a typical ‘forgot your password’ function – bit Sarah Palin – Dare Obasanjo: The Problem with Every Implementation of a “Forgot Your Password?” Feature I’ve Seen Online:

The fundamental flaw of pretty much every password recovery feature I’ve found online is that what they consider “secret” information actually isn’t thanks to social networking, blogs and even Wikipedia. Yahoo! Mail password recovery relies on asking you your date of birth, zip code and country of residence as a proof of identity. Considering that this is the kind of information that is on the average Facebook profile or MySpace page, it seems ludicrous that this is all that stops someone from stealing your identity online.

Lots of people scratched their heads at Google Chrome. Dare explains why Google would pursue it – Dare Obasanjo: The Significance of Google Chrome:

his boils down to the corporate ideology that “anything that is good for the Web is good for Google”. This means Google is in favor of anything that increases the breadth of the Web which explains why it is investing in O3b networks in an effort intended to bring the Web to 3 billion people in emerging markets. The more people there are using the Web, the more people there are viewing ads on Google’s services and on pages of sites that use AdSense and DoubleClick ads. This also means that Google is in favor of moving as much media consumption as possible to the Web. This explains why purchasing YouTube was so important.