Niche markets are where it's at: Chris Anderson's The Long Tailis exactly right. The Internet not only eliminates the overhead ofphysical space but also, more importantly, reduces the overhead offinding what you want to near-zero. When your computer tracks yourpreferences and auto-discovers new content that you actually want, it enables new markets that couldn't otherwise exist.
Update 10/11: Joi Ito's take.
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That's why I created my software - to take advantage of the Long Tail. It's a philosophy that will permeate all the new strategies on the Web in the coming years...
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