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It is not an impact on the epic scale of an asteroid smashing into the Earth and killing off the dinosaurs, but the collision of technology and media is having profound effects on a more modern ecosystem. Diplodocus The traditional media? Media are becoming democratised, and a global conversation is emerging.
The tools of production - used to create digital content such as blogs, podcasts, wikis, discussions, multiplayer games, mashups (I'll describe each of those in more detail below) - are increasingly powerful and easy to use, yet decreasingly expensive.
[Ed. Though not mentioned directly in the article, surely Linux is contributing a lot to this development, whether by providing accessible tools or by inspiring the Open mindset which has led to wiki's and forums.]
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