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Wikipedia only exists because of the generosity of thousands around the world who give up their free time to create the pages we take for granted.
Wikipedia = collaboration
Wikipedia is only popular with school children or university students who need a quick source of information.
Wikipedia is unreliable.
Online media is all about economics, about buying and selling. Nothing is free online, somebody, somewhere is profiting from it and however attractive the internet seems to the average user, by using it they are giving capitalism an extra boost.
Task
Draw a table and discuss the benefits and drawbacks / positives and negatives of Wikipedia
Web 2.0
Collaboration
Wikipedia
Levelling
Wikinomics
Economics with the wiki element. Features many words we might already be familiar with
Task 5 mins
Discuss can you see any similarities between Wikipedia and how the world does business?
Wikinomics was coined in 2006 by Don Tapscott and Anthony Williams The other big idea about business and commerce in the Online Age (just like The Long Tail) Watch Don Tapscotts interview and jot down notable points about the theory