Information: free and expensive

Taken from Wikipedia
Stewart Brand at the first Hackers' Conference in 1984, in the following context:

On the one hand information wants to be expensive, because it's so valuable. The right information in the right place just changes your life. On the other hand, information wants to be free, because the cost of getting it out is getting lower and lower all the time. So you have these two fighting against each other.


From me
Information is so valuable that there has to be a way to profit from it. It's just that information's value, when decoupled from a physical medium, is extremely difficult to gauge.

Information is unquantifiable. "Cows go moo." seems like a single mote of information, but fractally smaller bits of information are implicit in that three-word sentence. Like what a cow is. How a moo sounds. Why "go" is an appropriate verb in this instance.

At this level, information is so voluminous, that you can only charge for it in bulk. In that way, all books are like newspapers -- you bundle in important parts with the unimportant parts, without knowing exactly what any given buyer deems "important." You hope people will pay to get the parts that are important to them.

Information is also extremely context-sensitive. Noise to one person is life-saving info to another one. Depends on whether you stand next to a train track, or on it. Which one would pay to hear that whistle?

Don't have a point today. Just thinking.