The Lab That Fell To Earth: MIT's Media Lab
from the post-boom-hangover dept
It's been a while since I'd heard much about MIT's Media Lab, but I had figured that was just because not many people were writing about cool new technologies any more. Now, however, this new Wired article suggests that the famous playground for new technologies is struggling to stay alive. They can't even raise the last few million dollars they need for their new, I.M. Pei-designed, building. I'm sure that some people who got sick of Negroponte's constant overhyped predictions will welcome this news, but it really is too bad. They certainly were working on some very interesting projects. However, with so many big name companies struggling - and not willing to spend a single "speculative" dollar, it's tough to find companies willing to plunk down cash to the Media Lab just to be associated with it. This is especially true when some are beginning to see a lot of the Lab's output as "fluff" inventions that put on a good show, but have little real substance.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
ML
[ link to this | view in thread ]
Is the golden era of computers over?
Is it just me or will there not be a shortage of IT professionals for a long time to come? I'm moving into another career as we speak.
[ link to this | view in thread ]
Re: ML
Regarding the production of the lab... Do you know MPEG-4? It's from the lab. Have you heard about Electronic Ink? From there too. Even the hologram on every credit card is invented by Prof. Steve Benton of ML. The Lab has a lof of great inventions if you once did any study on it. FYI.
[ link to this | view in thread ]