“‘If the old model is broken, what will work in its place?’ To which the answer is: Nothing. Nothing will work. There is no general model for newspapers to replace the one the internet just broke,” writes Shirky.

The problem that publishing fixed – reducing the cost and difficulty of making information available to the public – has stopped being a problem because of the internet, he adds. As such it’s becoming less relevant to talk about ‘a publishing industry’.

Full post at this link…