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This summer, I did several posts about the shift that I believe needs to take place in traditional publishing workflows in order to adapt to the new web environment and stake out a strong position serving online communities. At the core of this shift is the concept of Sharing, distinct from the traditional linear publishing workflow. At the core of Sharing, I postulated, is the activity of Curating content. As active experts in a category, our most valuable activity can be sifting through and dynamically organizing the content created in our market space.

In eMedia Vitals. consultant Mark Danziger marks curating as one of two critical skills for the new era of media.

  • Leading conversations will be the first skill, and it starts with the ability to tell a story without monopolizing the conversation – by including the knowledge and viewpoints of others who have something to contribute, and by respectfully dealing with those who are not as knowledgeable and leading them toward knowledge with a chain of facts and logic.
  • Curating will be the next skill, because it implies the ability to find stories told by others and bringing them forward to a broader audience. Remember the “It’s not news because it’s not in the Times” attitude? That is changing, because there is a lot of news out there and no news organization – even in the heyday of news organizations – can afford the staff to cover all of it.

Mindy McAdams, an online journalism professor at the University of Florida, has done some work to more precisely define the nature and benefit of the curation model.

In an age where anyone can be a publisher, it is now up to the editor to curate the best of the massive amounts of content now available in a way that is easily digestible. The role of the journalist is much like a museum curator whittling down, say, 19th century Neo-Classicism, into a single, walkable hallway.

“Aggregation is just bringing stuff together, just collecting stuff and laying it out there. We used to do that more in the old days,” says McAdams.

Scientists are in the midst of an ongoing debate about the relative value of openness and collaboration in their profession. The activity of science publishing has been a de facto authority-creation machine, with editorial boards doing peer reviews on science papers that were being considered for publication in journals. The act of publishing in the journals — which were supported by high-priced subscriptions — was critical to the career trajectory, and ultimate economic value, of a scientist.

As communities expand on the web, and collaborative and networking tools are enhanced, many scientists are calling for an open source model of research, where papers would be shared and collaborated on in wiki-type environments.

One proponent of the open approach to science research is Abhishek Tiwari, who writes the science blog FishEye Perspective.

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Tiwari is also a gifted designer of information graphics. His graphic above is one of the clearest examples I have seen of demonstrating the process of group curation.

In essence, the filtering occurs as the community of trust narrows. The opportunity for editors is to put themselves in the midst of the content sharing that is going on in their market, and to leverage the power of trusted connections in order to diminish the sheer work of defining which information elements should be included in the curated collection.

The biggest challenge that I have seen, as we’ve introduced the concepts of Sharing and Curating to our content teams, is changing the orientation of information and editorial authority. A traditional editor sees his or her role as creating original and authoritative work.

While there is still a clear position for that work, it needs to be augmented by the identification of other high quality work in the market. In fact, the balance should be between truly original work and curated work. In that model, the consumer of information will look at the brand as a critical hub in their knowledge experience.

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As we go through this epic economic transition, I’ve been waiting for observers in the press to begin to define what a “new normal” will be. With a radically downsized economy, even as we return to growth, there will be differences in consumption and in how patterns of expansion occur.

The drivers of the old economy — largely consumer consumption expanding faster than population growth due to increased debt — will have to be replaced by new drivers. Those drivers, and changes in behavior attached to them, will be a different kind of normal than we are used to.

Already, people are looking around trying to gauge what the patterns of consumption will be.

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Pew Research  recently released  the results of a study that they do asking people what they consider to be life’s necessities. They also asked questions about how the recession is impacting the way people behave.

The results show an interesting trend. Items associated with entertainment, information and community are holding higher as essentials than items related to the classic American artifacts — the house and the car.

As they tighten their belt, the overwhelming impression of the Pew Research is that people are thinking more carefully about what they spend money on. The effect feels like a recalibration around the premium people will pay when they consume, not necessarily a permanent change in the absolute number of transactions that people will initiate.C258405A-424F-49C6-909E-BA9FEDFF2DFC.jpg

When looking at items traditionally associated with home ownership — a clothes dryer, a dishwasher — the percentage of Americans identifying them as a necessity has declined sharply over the past three years. I’d venture that this is a slackening of the frenzied enthusiasm around home ownership that helped to fuel much of the sub-prime mortgage boom.

What do these shifts mean for our culture and the economy in the long term? Are they temporary adjustments driven by a cataclysmic shock or are they structural changes that give a clue to what lies ahead?

In the Atlantic, Richard Florida takes a stab at how we’ll begin to recognize the new normal. Florida is a observer of cultural change and a proponent that we are at the beginning of a new economic ecosystem that will produce a greatly altered country.

First, the era of the suburban way-of-life is over, Florida argues.

New patterns of private consumption are required to undergird the broad and sustained level of consumer demand that is needed to fuel sustained innovation, enable the growth and expansion of new industries, and drive long-run economic development. It was the rise of suburbanization and of the post-war suburban way-of-life, as I’ve noted before, that powered post-war recovery and expansion.

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The economy that is to come will be experience-driven, not possession-driven, Florida says.

It will be less oriented around the auto-housing industrial complex: We’ll all be spending relatively less on cars and housing and energy, that is, if we’re going to have money left over to create demand for the emerging, new stuff required to power a new round of growth and prosperity.

If we look closely it’s possible to discern some emergent threads of a new consumption pattern. We’re already experiencing the fall of some of the biggest symbols of post-war consumption – big cars and SUVs, oversized suburban McMansions, and conspicuous consumption of various sorts. There’s a shift toward smaller cars and smaller dwellings, toward walkable neighborhoods; toward more authentic, organic and energy-efficient products; and from material goods to experiences generally.

An economy driven by community, knowledge and entertainment will replace an economy driven by homesteading, nesting and relative isolation. These new dynamics will drive innovation and interaction, Florida believes. It’s an almost utopian vision of a new society.

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The powerful correlation of volume, price and classified revenues in the Housing Market

March 31, 2009

Home prices, home sales and real estate classified advertising are locked in a sharp downward trend.

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How does a recovery in housing square with the development of the New Economy?

March 29, 2009

Reduced migration within the U.S. will create challenges for developing a new, prosperous economy.

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The dragging effect of mortgage deliquencies and employment losses

March 9, 2009

Two recent news items that when taken together explain the conviction shared by many that the economic downturn will continue to deepen through the comings months.
First, sub-prime mortgages. Patrick Duffy of The Housing Chronicles blog picks up on an AP story in a recent post that details what is driving the 48% default rate [...]

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