Word: profit
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Some who live in future teardowns are caught in a financial catch-22. Real estate agents all but guarantee Corey Glave a six-figure profit if he sells his two-bedroom Hermosa Beach bungalow outside L.A. But where would he and his family go? Soaring prices across the region have put anything suitable out of reach. "To get the same yard and ocean view that I have now would cost way over $1 million," he says...
...basic health-care essentials. After all, the U.S. Congress just gave the Bush Administration an added $82 billion to spend on the war. So now even more U.S. taxpayer money will go to Iraq reconstruction efforts, and some of it will disappear in the process. Companies like Halliburton will profit, and wounded Iraqi citizens will struggle to survive as overwhelmed Iraqi doctors and nurses fight to save them with outdated or inadequate medical equipment. Good luck winning the hearts and minds of the Iraqi populace with such underfunded and mismanaged efforts. Eric J. Morrow North Cedar City, Utah...
...info anarchy. (An Encyclopaedia Britannica editor once compared Wikipedia to a public toilet seat because you don't know who used it last.) Loyal Wikipedians argue that collaboration improves articles over time, just as free open-source software like Linux and Firefox is more robust than for-profit competitors because thousands of amateur programmers get to look at the code and suggest changes. It's the same principle that New Yorker writer James Surowiecki asserted in his best seller The Wisdom of Crowds: large groups of people are inherently smarter than an élite...
Whatever happens to Wikipedia, the wiki genie is out of the bottle. There are wikibooks for collaborative nonfiction, wikipes for recipes and wikimedia for citizen journalists. Wales has a for-profit website, Wikicities, where anyone can form a community. (The two largest are geeking out on the chronologies of Star Wars and Star Trek.) "It's a form of brainstorming that's bigger than one person standing at a flip chart," says Cunningham. "And there's a timelessness to it. You can do a wiki over one year or 10." And have almost as much fun as Jimmy Wales does...
With Wikipedia offering a similar citizens' news service, OhmyNews won't be alone in international cyberspace. But Oh has already pulled off a trick that has proved elusive for many other online media outlets: turned a profit. OhmyNews says it made about $400,000 last year, more than two-thirds from advertising. Mainstream media will be watching closely-as will big conglomerates with anything to hide. -By Donald Macintyre/ Seoul. With reporting by Yooseung Kim/Seoul