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Tim O’Reilly and the future of the creative economy

I came across this great talk of Tim O’Reilly at OSConference and I thought I should share it with you.

Here are some takeaways and quotes:
“A business should create more value than it captures.”
“What started as a gift economy becomes a real economy.”
“There’s an intrinsic value to creating something for the sake of creating it.”
“In a gift culture, you gain status by what you give aways, by the value you create, not the value you take.”

Creating more value than capturing is the way the collaborative economy works, and that’s one of the reasons why it’s now booming.