Imagine a business based on real-time information provided to participants in an information market. The owner of the information flow charges for real-time access, and gives 15 minute delayed information for free. Perhaps it would look something like this. Individuals pay a fee (or look at contextual ads) and would get the real-time feed from resellers. Resellers would pay a fee to the information provider to sell the real-time feed through their system.
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In order for these economics to work, real-time flow (plus the ability to track keywords in that flow) would have to have a demonstrable higher value than delayed information. For instance, real time conversations would only be possible in the real-time feed. The other important factor would be the completeness of the information. The flow of information would need to consolidate all publication via hyperlinks in all venues.
Some sort of messaging infrastructure would be required to receive and relay the information into the live data stream infrastructure. Historical data would be archived and charted, some firms would package and sell this view. Maps of volume of tracks would provide a kind of real-time zeitgeist.
Could there be a service that served as the public record for all publishing events on the Network?3 Comments