The Networked Information Economy

1. It discusses how communication technologies have historically concentrated and commercialized information production and exchange, while expanding the reach of distribution networks. The internet has changed the way we think and on how we see news. Websites like Google and Wikipedia are something about user based, it is not from a big company. This article emphasizes that this transformation is driven by both technological change and economic sustainability, offering new social and political possibilities for meaningful communication and production. 
2. Historical: Centralization/ decentralization of power. The control is also in user’s hand. Political: Freedom of Expression. People using the internet have freedom of speech and are able to say things without fear. Economic: Economic Dynamics of Information Production. How much it costs to produce media and news vs. how much it costs to distribute that. 
3. Diverse cultural expression because there are more people consuming informations online, there is going to be a wider opinions and culture.  
4. Chat GPT is a real word example, it aggregates all the information in the internet. Another example will be Bereal. Bereal is a personal exchanging social platform and it attempts on how people represent themselves online. 

ChatGpt is about recentralizing information sources, so people have been relying on it but they don’t know where the information comes from. For Bereal, it allows people to reconnect with their long distance friends and get to know about their life updates at a glance. It changes the way we found information. 

-Angel + Frankie