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A comment on Infobitt – A movement to do for the news what Wikipedia did for encyclopedias.

Re:Infobitt – A movement to do for the news what Wikipedia d... by leoh on Saturday November 22, 2014 @05:11PM (#8646831)
Seems like a race to the bottom. How will original, reliable reporters of facts have time to gather them if they aren't paid?
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Re:Infobitt – A movement to do for the news what Wikipedia d... by vivooshka on Saturday November 22, 2014 @05:24PM (#8646869)
Lots of people do things for free if they feel like they are getting something out of it. Pay is an incentive, but it is not black and white.
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Re:Infobitt – A movement to do for the news what Wikipedia d... by crdoconnor on Sunday November 23, 2014 @04:14AM (#8648242)
What they would be getting out of this still seems to be a bit of a mystery.
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Re:Infobitt – A movement to do for the news what Wikipedia d... by tyang on Sunday November 23, 2014 @09:26AM (#8648858)
Not for everyone. Look at Yelp and Wikipedia.
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Re:Infobitt – A movement to do for the news what Wikipedia d... by tbc0 on Saturday November 22, 2014 @06:49PM (#8647123)
InfoBitt does not create original facts. The site curates and organizes news as it breaks.
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Re:Infobitt – A movement to do for the news what Wikipedia d... by hackuser on Saturday November 22, 2014 @07:14PM (#8647204)
> InfoBitt does not create original facts. The site curates and organizes news as it breaks.

I think that is the point. If Infobitt gets the readers and revenue, who will pay the originators of facts?

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Re:Infobitt – A movement to do for the news what Wikipedia d... by lsanger on Sunday November 23, 2014 @10:55AM (#8649033)
In the wonderful event that Infobitt becomes a superior product and accordingly gains market share to the detriment of news sources, then we will of course know where our bread is buttered. Infobitt will suck without good sources; so probably we'll end up paying our sources ourselves.
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Re:Infobitt – A movement to do for the news what Wikipedia d... by tyang on Saturday November 22, 2014 @07:27PM (#8647256)
Some readers of The Information, The Wall Street Journal, Economist, Financial Times, Bloomberg terminal owners, The New York Times.

And you can have conferences like TechCrunch.

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Re:Infobitt – A movement to do for the news what Wikipedia d... by tbc0 on Monday November 24, 2014 @06:21PM (#8655300)
The day an original news content provider had a reason to approach InfoBitt for revenue sharing would be quite a milestone for InfoBitt.
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