Commentary on the economy, the markets, and business

The house that Meg Whitman built

I'm on the Princeton campus, where I spoke earlier this afternoon on a panel on careers in the publishing industry (there will still be careers in the publishing industry, right?) and visited a guy named Krugman. The big excitement, though, was seeing what use Meg Whitman's $30 million has been put to.

The money went toward building the massive, pseudogothic "Whitman College" where Princeton's tennis courts used to be. It appears to be almost done. Here's a mere corner of it:
whitman.jpg

Update: Here's another view (and sorry, these are taken with my crummy camera phone; I'll try to do better in the future):
whitman2.jpg

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    I'm sorry, Justin. There won't be careers in publishing, at least not how they have been defined in the past. Technology publishing, which is where I hang my hat at the moment, is gasping its last. Business publishing will follow, and general interest publishing will bring up the rear. Certainly there is an ongoing need for content, but competition from many sources has made it increasingly difficult to value traditional content.

    I just spent a wonderful afternoon perusing Wikipedia, for example (I am a traitor to my vocation). If people produce high quality content for reasons other than direct renumeration, then publishing as a career may well be doomed. And in the case of Wikipedia, the discussions surrounding a given topic are almost as enjoyable as the topic itself.

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