Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Michael H Goldhaber
Brian was criticized at the start of this thread for suggesting not enough thinking went into the critiques of Facebook's IPO. I would add not enough knowledge. For a valuation of $100 billion, at the normal rate accepted by the stockmarket in the US, that means Facebook needs to earn profits

Re: nettime What do you think about .art?

2012-03-08 Thread Morlock Elloi
Art traditionally ends up in the wrong hands, there is no inherent problem with this. Thinking ahead, it will be so much more amusing if Dow or Mattel snatch .art (barbie.art is worth $200K by itself), than some 'body' composed of pompous internationally-recognized benevolent and independent

Re: nettime What do you think about .art?

2012-03-08 Thread Heiko Recktenwald
IMHO one should never call oneself an artist, .art is .kitsch Only onthers may call one an artist. Well, it could be a space of art-dealers (behind bars!), but that would give it some drive into .art and not.art, which could ne the most important domainname, that I claim here and now as a

Re: nettime What do you think about .art?

2012-03-08 Thread Nick
I don't think the domain name system is the place to be fighting for the small, independent artist. Leave it to go to the enormous corporations, and create stuff whereever; in the cracks, the unseen places, darknets etc, as well as wherever in the public. Names are as valuable as what they

Re: nettime What do you think about .art?

2012-03-08 Thread Sivasubramanian M
If Desiree's idea takes shape, and if a bid is successful, there is scope for a successful registry with a balanced model :) On Thu, Mar 8, 2012 at 6:37 AM, Morlock Elloi morlockel...@yahoo.comwrote: Art traditionally ends up in the wrong hands, there is no inherent problem with this.

Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Mark Andrejevic
So, according to Michael's numbers, to live up to its valuation, Facebook will need to quintuple its profits fast -- without alienating users. That will likely be challenging, especially at a time when its aggressive tactics have drawn a lot more attention to its legally suspect strategies (at

Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Brian Holmes
On 03/07/2012 12:57 AM, Mark Andrejevic wrote: If you boil it down, the valuation of Facebook is based on the promise of the power of the social graph and detailed forms of targeting and data-mining to do what? To serve the needs of advertisers. What needs? To move products and sell services.

Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Ana Valdés
I apologize to go into the discussion so late but I am moderating this month's discussion at -empyre and it feels the time and the writing skills have indeed a limit :) I was a user of Second Life and remember the discussions about the virtual sweatshops where young Mexicans and Koreans worked for

nettime Seminar on Political Organization Essex March 12th

2012-03-08 Thread Stevphen Shukaitis
Seminar on Political Organization Essex March 12th Essex Centre for Work, Organization and Society Seminar Lessons of 2011: Three Theses on Political Organization Rodrigo Nunes, Pontifical Catholic University of Rio Grande Do Sul March 12th, 4PM-6PM @ University of Essex Room 5N.7.23 With the

Re: nettime What do you think about .art?

2012-03-08 Thread miltosmanetas
I absolutely agree. .art is simply ridiculous, who wants to be called .art? Only those who are trying hard, or amateurs without real passion. From the other side, .art is a perfect package for a meta-conceptual artist to acquire and do yet another one of those pseudo-dada art operations. In

Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Keith Hart
Just a line to thank all the above for a great thread that could run and run. When combined with the other threads, Nettime has really hit a purple patch in the last week, a genuine symposium of intellectual politics or political intellectualism. And now Ana has served up three of my favourite

Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Ana Valdés
Haha, join -empyre if you want to have another cup! I enjoy Nettime and Empyre both, it's a great intellectual exchange! Ana On Thu, Mar 8, 2012 at 6:50 PM, Keith Hart ke...@thememorybank.co.ukwrote: Just a line to thank all the above for a great thread that could run and run. When combined

Re: nettime The $100bn Facebook question: Will capitalism survive 'value abundance'?

2012-03-08 Thread Ana Valdés
Dear John I am not sure if we are talking in parallell ways. When I am talking potlach I am talking from an anthropologist view (I am a trained anthropologist) and we are definitely talking about exchanges both in the symbolical view and in the physical form. The most gifts exchanged were not