Here's a paragraph that almost made me laugh, and told me that somebody's smoking crack:
By the end of this 10-year cycle, the change could be extreme. Web pages will snap to life. Hundreds of thousands of political bloggers, fly fishermen, chefs, and Oprah wannabes will be uploading gobs of video programming -- creating their own channels. This plethora of Web shows will joust for attention with television fare, Internet radio, video e-mails, and games. All of it will play on televisions, computers, and cell phones, which will be different flavors of the same machine. "The concept of a network or a channel will go away," says Jakob Nielsen, a partner at technology consultant Nielsen Norman Group in Fremont, Calif. "They're artifacts of old technology."
Does this person have any idea how long it takes to create images? Interactive fare? Does this person understand how bad this stuff can be? Does this person understand that producing quality viewables takes time, which takes money, which needs backers, which makes networks very powerful? This doesn't mean that people won't produce amazing stuff. They will. But most entertainment is produced by groups, not individuals. Even a very short 10 minute film credits and thanks 50 people.
The second fallacy that I see is Standards Wars. These will keep happening as long as somebody thinks that they can make more money with their own standard, or lock out competition with this same standard.
Given the prediction that networks or channels will go away, I must then believe that these concepts will hit a resurgence and come back stronger and more profitable than every. Why? When you have infinite choices, you don't know what to choose. There's too much. You explore. You learn. After a while, you settle into what you like, and those become your "channels."
Looking over the whole article, there are places where it sounds nice, but I must think that some things will converge, and others won't. Then things will deconverge, and other things will converge in different ways. This will happen for a while. Why? Because the market will always follow money, and money follows the illogical fashions of people. Maybe that's to say that if you wait long enough, everyone will be right.