While I respect Ray Ozzie's creativity and intelligence, I disagree with his, hopefully temporal, view that publishing is dead. This is why:
- Technology will take at least 40 more years to reach the level of availability and convenience necessary to kill off publishing: 10 years to emerge and mature, another 10 years to be cheap and convenient enough, and 20 years of deathwatch (old habits die hard). Rising cost of paper will obviously become a major fudge factor.
- There is no clear business model for weblog-based journalism. Paying for something you can hold in your hand is a no brainer, paying for a view is more difficult to sell. Paying for two hours of sharable entertainment via Pay-per-View is also different from paying pennies per weblog articles for casual reading. Likely only top 1% of commercial weblogs will be profitable, leaving the rest to be simply 'emotionally rewarding'.
- Technology and the practice of weblogs are still in their infancy. There are so much yet to be invented particularly in collaboration and security areas. Most of blogging phenomenon is due to group dynamics and not technology which is actually pretty thin bridge of convenience.