He [Chris Anderson] walks us through some of the business changes that happen as we move from scarcity to abundance:
– In the past, we built business cases based on ROI. Now we build it and build the business afterwards.
– In the past, “everything is forbidden unless it’s permitted.” Now everything is permitted unless forbidden.
– Scarcity is about paternalism, a decision that an editor knows what’s best. Abundance is about egalitarianism.
– Scarcity is top-down, abundance is bottom-up. Instead of command and control, it’s out of control.
Chris tells us that he’s trying a new management philosophy – “I do whatever my interns tell me to do.”
Perhaps I’ll try this next summer.