Paul Graham has posted an essay questioning whether we ever really paid for "content," as publishers of news and music are saying while they struggle to stay afloat in the digital age. "If the content was what they were selling, why has the price of books or music or movies always depended mostly on the format? Why didn't better content cost more?" Techdirt's Mike Masnick takes it a step further, suggesting that the content itself should be treated as a resource — one component of many that go into a final product.
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