alt Hacker NewsThis is really lovely. I think it's pretty obvious that it bases on sources like Internet Archive and the Library of Congress, but it does add value.
I just wonder if it can survive - is there a business model here? If not, it's just a tech demo and then it doesn't have value as the hosted version, it would have it if the whole processing/indexing pipeline was open sourced so that anyone can host it themselves and pay for their own infrastructure.
> is there a business model
the "business value" (aka legal extortion) is obviously to extract rent from information that was previously free (as in free speech), and that is not licensed.
I don't understand your comprehension problems.
However, I wouldn't categorically deny positive external effects. These are exotic, because or politics and economy are based on negative external effects, violence and corrruption.
However, there are positive "externalities" (a different word for the woo of pseudo-scientifical "economic theories, that is easy to overlook).
But in the end, the plausible results are simple. "Value" comes from
- natural resources - extortion, if there is no sufficient legal boundary - marginal improvements in improving extortion and extraction efficiency
See, I saved you an MBA there.