Andrew Keen and the end of new media (repost from other blog)

Internet curmudgeon Andrew Keen is at it again, moaning about people creating stuff for free, and telling them that they've got it coming:

Andrew Keen predicts the end of "free labor" online - Boing Boing
...which links to this article at Internet Evolution:
Economy to Give Open-Source a Good Thumping

Keen continues to judge Web 2.0 by mid-twentieth-century standards, but new media technology is fundamentally different from what we had back then, and many of the old criteria have ceased to apply. In the UK we'll be getting more of his doomsaying next week. Here's an extract from RadioTimes.com:

Iconoclasts

Wednesday 05 November
8:00pm - 8:45pm
BBC Radio 4

Edward Stourton chairs a live discussion series in which guests set out their strong views on a subject, before being challenged by a panel of experts. 2: Andrew Keen, one of the pioneering entrepreneurs of the internet boom, argues that Web 2.0 is an anarchic movement that destroys culture of real value.

It will be interesting to learn who's on the panel of experts. It's a live show, and the producers are asking for listener input during the broadcast: iconoclasts@bbc.co.uk. Until then I offer this quote from Oscar Wilde's Lady Windermere's Fan: "What is a cynic? A man who knows the price of everything and the value of nothing."