" What the argument that content is not king does say is that people are willing to pay far more for point-to-point communication than for the famed content. That is likely to be reflected in what kinds of networks are built, and which companies succeed. It inverts the usual ordering of priorities, making point-to-point communication central, and content secondary."
Thanks Christine for the link – a basic and lovely idea – one way we put this notion in a cult I belong to is that "conserved culture" is not as important as "spontaneity".