Tuesday, February 17, 2009

Quote, unquote: how trust can pay
for journalism

Why all the fuss about brands and user-creator relationships and, ultimately, trust? Simply put, trust is an economic good. It’s worth something. It makes markets work more efficiently. As a trader might say, trust is positively accretive to value. This is not just about peace, love, and harmony. Trust creates value. Value gets monetized. Money pays journalists. Journalists save the world.
-- Josh Young of Network(ed) News writing about the relationship between users and creators.

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