Clay Shirky on Newspapers

Excellent summary of where we find the newspaper business today:

Round and round this goes, with the people committed to saving newspapers demanding to know “If the old model is broken, what will work in its place?” To which the answer is: Nothing. Nothing will work. There is no general model for newspapers to replace the one the internet just broke.

Oops 3/16/09. “Shirky,” not Sharky.