What’s WRONG with the Media, and what American Investors aren’t getting about the Internet? Or, 8 year old Cub Scout on Terror Watch List again and ag

How many of you have seen the article on 8 year old Mikey Hicks, the Cub Scout Terrorist, like for the last week. It’s ridiculous! Why is there not better coverage on what’s going on in this country. Unless this kid is from the same gene pool as Stewie Griffin or his surname is bin Laden or has graduated from Suicide Bomber U, he’s probably not much of a threat and it’s probably not newsworthy for a weeks worth of headlines.

News is spontaneous. News is frequent, and instant. Traditional news organizations are reporting the same stuff over and over again, on the world fastest way of disseminating information, the Internet, what a waste of technology. There are some blogs and news groups, in my opinion, getting it right. Take ‘Tech Crunch’, these guys are fast and up to the minute on Tech and Internet news. While they are often very opinionated, they are dead on the mark for factual content. Now Yahoo News, these guys could dominate. They use to have “Kevin Sites in the Hot Zone”, that was great stuff. But it’s gone, and Yahoo has reduced itself to a clearinghouse for other news organizations, although they have Tech Ticker, which is good for financial news and opinion.

The point is, that we have at our disposal, the fastest, most economical way to get vast amounts of information and news out to the public, on a global scale, and we aren’t doing it.

Why China is gaining and we’re not. Google is strong arming their position in China. Is it admirable? Is it Noble? I think it’s stupid. Google has a presence in the largest internet user market in the world. As far as advancement in tech. China and the rest of Asia included has the largest 4G network in the world, they are light years ahead of the U.S. in internet technology and distribution to mobile. China is also grasping New Media. I have a prediction; Google is going to so piss off and embarrass the Chinese that the get booted out of the country. Baidu, Jadoo and Yandex are going to jump in there and dominate the Asian Market and Google will be out for good.

Right now there is tremendous investment in both Europe and Asia in New Media, 4G infrastructure, Web 3.0 applications and platforms while the U.S. and predominately North America is going to be left out in the cold. If American investors want to see go return on investment, the should be heavily in tech and new media. These areas are where there will be significant job creation and areas of opportunity. American investors are saying show me “Bricks and Mortar” types of investment. They want to see bricks and mortar! I’ll show them dozens of vacant sub-divisions, empty commercial buildings and sundry other bricks and mortar projects. American investors need to get off of their asses and move toward the future or they will be left out in the cold just like traditional media.

What’s your thoughts?