Skip to main content

Internet Era Means the End for Media Barons

The Guardian reports that Rupert Murdoch sounded the death knell for the era of the media baron, comparing today's internet pioneers with explorers such as Christopher Columbus and John Cabot and hailing the arrival of a "second great age of discovery".

The News Corp media magnate nurtures a long-held distaste for "the establishment" but last night confided to one of the few clubs to which he does belong - The Worshipful Company of Stationers and Newspaper Makers - that he may be among the last of a dying breed. "Power is moving away from the old elite in our industry - the editors, the chief executives and, let's face it, the proprietors," said Mr Murdoch, having flown into London from New York after celebrating his 75th birthday on Saturday.

Far from mourning its passing, he evangelised about a digital future that would put that power in the hands of those already launching a blog every second, sharing photos and music online and downloading television programmes on demand. "A new generation of media consumers has risen demanding content delivered when they want it, how they want it, and very much as they want it," he said. Indicating he had little desire to slow down despite his advancing years, he told the 603-year-old guild that he was looking forward, not back.

Popular posts from this blog

Embodied AI Robots: Market Upside Trends

Embodied AI is shifting industrial robotics from precise to perceptive — from rigid automation to adaptive execution in messy, variable production environments. For manufacturers and logistics providers, this isn't just a technology upgrade; it's a structural change in how work gets organized and business value gets created. Industrial robots have long excelled in static workflows: automotive assembly, fixed production lines, repetitive tasks. Where variability or human interaction arose, they stalled or required prohibitive engineering. Embodied AI Market Development Embodied AI changes this by closing the "sim-to-real" gap. According to the latest worldwide market study by ABI Research, AI-augmented robots have reached genuine adaptive automation with tangible ROI for early adopters. The shift rests on robust algorithms — particularly Dynamic Policy Adjustment and robotics foundation models — that learn and adapt in real time rather than following hard-coded rules. ...