Trying this out on a new site... I'm not keen on the idea, but my partner on this one insits... The cost is pretty minimal, I just worry that if the site takes off, the volume of incoming voicemail will become unmanageable, and dealing with it will become profit-defeating. The technology behind it is plug and play. The cost/benefit ratio is... Frightening.
I bring this up because it goes to the heart of the problem I have with a lot of Web 2.0
Call me a mercenary, but would someone please show me the money?
The article mentioned Digg: Digg doesn't make a profit. It's currently being propped up by venture capital. (Although, I expect Digg will eventually win out. Nothing like steaming mounds of user generated content with ads slapped everywhere to generate revenue).
In fact, most of those "25" are companies that are being propped up by venture capital, or have already been gobbled up by larger web presences that are using the tech as add-ons for existing, profit generating content.
Is anyone actually making money podcasting? Real money? Profit type money?
For every 1 podcast I send down the pipe from a site, I can deliver 500 good, adsense $ generating pages. Is that podcast generating 500 times the revenue per download as any page I deliver, even the worst performers?
Anyone here doesn't even have to look at their balance sheet to answer that question.
And all the stuff coming out of Google Labs... How much of it is actually turning a profit on a per project basis? Although the G isn't talking, I'd guess that not much of it is. Mostly, it's just AdSense supporting a lot of tinker-toy projects that aren't adding anything but cost to G's bottom line.
And on and on...
Again... Show me the money.
Let's see... We have a lot of media hype around new sites with a heavy "neato" factor, and no real revenue, with the businesses being propped up by huge injections of venture capital...
For some reason it all sounds too familiar.
Web 2.0 seems a lot like Bubble 2.0 to me.