Cody Brown's blog post about why the best web sites will never look like the New York Times has been ReTwitted many times. It reinforces the idea that the inherent value of the web is Real Time. Here's what I commented there:
Real time processing is a perfect description of the inherent character of the web and why, I suspect, traditional media brands have so little confidence in how to capitalize on it.
Latent conflicts are emerging.
Demand for Print, Radio, Television emerged because they offered broader distribution of otherwise limited access live communication (information and entertainment).
But established Print, Radio, Television brands have come to believe that they are better than live. Newspaper editors can research and analyze better than their readers. Audio and video producers can deliver a listening or viewing experience that is better than real.
It is difficult to convince them that there is something lost. We like to analyze for ourselves. There is value to sharing a live performance with others and contributing to the energy level.
The interactivity of the internet offers a virtual opportunity to deliver this energy of live communication more broadly.
This is the beginning of a very exciting time. And it would be very valuable to create an event to talk about the implications of this blog and connect all the stakeholders committed to real time processing of information and transactions.