Sunday, December 03, 2006

Why is Intellectual Property so Expensive ?

IP has the ability to draw huge, disproportionate returns. A piece of music, a book, a video, a formula, any of these can fetch an incredible amount of money if it lands at the right place at the right time. The dot-com boom provided such a time and place, and the Web 2.0 movement is doing it again.


Why ?


One simple reason: it is impossible to price IP! And so it gets priced on word-of-mouth, on momentum, and on herd mentality.

Recursion, ecursion, cursion, ursion, rsion.....

To understand recursion, you must first understand recursion.

And also remember that:”it is very easy to describe recursion, but it’s very hard to explain it” sounds a bit like true love doesn’t it !?

Quotes from the book: “C unleashed”