The Bankwatch

Tracking the consumer evolution of financial services

23C3 – Lawrence Lessig – On Free, and the Differences between Culture and Code

This speech by Lawrence Lessig is quite brilliant. He is speaking about the shifts and strains caused by democratisation of technologies that allow anyone with a $1,500 computer to take media, and create. He relates these tools to the pen and typewriter, and makes the argument that trying to remain with the status quo in terms or rules and regulation will fail.

The Q&A is particularly insightful, talking about the diferences between US and Europe … how the US in promoting freedom does quite the opposite. Overall, the 1 hour 16 mins is well worthwhile. Grab coffee or New Year drink and enjoy.

Relevance to Bankwatch:

Philosophy aside, the fundamental shifts that technology has brought changes many things, and while his focus is on media, the intent applies to financial services.

UPDATE:

Doc makes the point that VRM can bridge the gap between customers and products in the confused DRM state that exists.

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Written by Colin Henderson

December 31, 2006 at 11:46

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