The topic of this blog is the idea that “stuff about stuff” can be economically at least as important as the “stuff” itself, especially in the world of software and the Internet. More on the title is in my first post Econo-wha?
Some examples of “econometas”:
– content being supported by advertising
– personalization of content being supported by personal data
– open source software being supported by expertise and support
– “long tail” businesses being supported by breadth and searchability of products
In the larger view, any game is defined by the “meta” of its rules. From this standpoint, additional “econometas” include:
– innovation (changing the rules) being at least as important as efficiency (following the rules well)
– a software framework being at least as important as the application built on it
– legal structures and government regulation being at least as important as the basic mechanisms of capitalism
As more examples come up in posts, I’ll try to keep this page updated with them. In some sense “econometa” is the idea that the evolution of economic value, from essentials like food to industrial goods to information, is now taking another, as yet somewhat ill-defined step: to information about information, goods that support goods…stuff about stuff.