Last weekend’s inaugural meeting of the Convention on Modern Liberties (www.modernliberty.net) was a resounding endorsement in the effectiveness of new social media and user-generated content, not to mention the digital asset management systems to create, store and retrieve the raft of rich media created from the single event itself.

Witnessing cameras and microphones swarming around the convention hall, being streamed live online to the web as well as narrowcast on big screens to other affiliated events around the country, was a compelling example of the potential for Web 2.0 and beyond into rich content which adds value.

Last weekend’s inaugural meeting of the Convention on Modern Liberties (www.modernliberty.net) was a resounding endorsement in the effectiveness of new social media and user-generated content, not to mention the digital asset management systems to create, store and retrieve the raft of rich media created from the single event itself.

Witnessing cameras and microphones swarming around the convention hall, being streamed live online to the web as well as narrowcast on big screens to other affiliated events around the country, was a compelling example of the potential forWeb 2.0 and beyond into rich content which adds value.

Paul Quigley,
Editorial Director

Which, ultimately, is the whole point of content. Facilitating the adding of value. As the world watches the value of many assets dwindle, the value of digital assets in real terms is more than maintaining its worth, in a way that would even give gold a run for its money. And, despite the demands for compliance – where almost infinite repositories of spam email are being hoarded in a blanket data scooping for current statutory legal pursuits, clearly an upside exists as well as an onerous downside to digital deposits.

Nevertheless, with talk even ofWeb 3.0 on the horizon, once enterprises and individuals have become more comfortable with the current Web 2.0 media, there’s a raft of possibilities where digital content and communities are melding in a way unthinkable before broadband, before mobile and before content. Perhaps in years to come, historians will look back at this first decade of the new millennium and amongst other historical events, take note of the immense cultural changes engendered by mass access to content, and will see it as the first post-modern digital revolution which saw the death of distance and the birth of the real knowledge economy. And Lord knows, right now we could all do with a new economic model that recognises and rewards merit when it sees it

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