This week, Philip Rosedale, the creator of Second Life discusses the economics and future development cycle for it's virtual community.
Philip Rosedale, Founder and CEO of Second Life states proudly, "Second Life has the unusual property that it's a landscape that you will never see all of... like the internet, you just couldn't consume it all."
With over 20 million registered accounts, Second Life is a virtual world phenomenon that has been active for five years. Even with it's success, the company has faced a backlash with its developer community and media frenzy. Is the virtual world ahead of its time?
Rosedale says, "I think we can do better. Second Life is the kind of thing where people are so excited about the possibilities... that it also easy to be frustrated that we're not faster."
Active user rates have not exceeded 550,000 since August. Are Second Life's users consuming less?
Rosedale believes, "Overall usage hours have all been trending upwards. The peak concurrency and user hours are going up... as is... the economy. Which is one of the most important indicator that we watch. Many new mediums, not everyone stays... a majority of many people still basically leave and don't come back. After an initial period."
Can Second Life survive? Rosedale says, "With over a million dollars in people transacting things with each other, there's an opportunity here we're creating for people... much like the earlier web. I think we're going to see lots and lots of hype cycles... in the same way that we did in the earlier days of the Internet... and I don't think we've really seen the beginning of this whole thing. We're not going anywhere. "
For those who haven't played around with the beta , Hulu is really easy to use and reliable. It's web-based, so there's no download required, and the picture is good. Full-screen mode is alright, and neither is as good as watching it on your 50 inch plasma.
Hulu isn't perfect. It doesn't have content from ABC or CBS - so no Lost for you! It does not make every episode of every show show available. So you can't park yourself and watch every episode of " The Office" in a marathon sitting.
And there are some questions about the economics behind Hulu's hosting costs. But if you're looking for a great way to kill time, or introduce someone to TV on the Web, Hulu is hard to beat.