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This weeks blog looked at the advantages and disadvantages of having open access information which you can read here. Once researching the topic, I established the philosophy that information should be openly accessible, so that progress within fields is quickly achievable. On the other hand, it could be disputed that a shift in technology means we have to introduce paywalls in order for companies to survive, which is what myself and other bloggers discussed. Do you think the term ‘open access’ will soon be extinct for certain institutions?
Faazila and myself both agreed in our discussion about ‘open access’ information, especially in regards to academic journals. In fact, we agreed that the whole system is flawed, where you have to pay to read articles, then there is no way of assessing the usefulness of the article, there is no way of getting your money back and all profit is going to the greedy publishing companies who are charging a ridiculous amount.
(Screenshot from Medium.com)
Philip and myself discussed other industries on his blog, as we saw a strong decrease in the amount of newspaper publications. More and more people are using the internet to look at the news, rather than buying physical newspapers in stores. Companies such as The Financial Times have introduced an online subscription for their Newspaper, which arguably puts them at a competitive disadvantage amongst competitors who are using ‘open access’ (Jackson, 2015). Although, as the years progress, we might see a larger decrease in the amount of newspaper publications; in order for companies to survive within the business world, they might have to introduce paywalls like TheDrum predicted in 2013 (Lepitak, 2013).
My thoughts on ‘open access’ articles remain the same, but as society is moving towards a digital world, I am accepting the introduction of paywalls for certain institutions. Advertising revenue might not be enough for an organisation to survive. Only time will unravel the future of ‘open access’.
Words – 330
ISETchannel (2015). Knowledge Economy Visualized. [online] YouTube. Available at: https://www.youtube.com/watch?v=oBC7bA-PeSI [Accessed 6 May 2017].
Jackson, J. (2015). Financial Times to change way it charges for online content. [online] the Guardian. Available at: https://www.theguardian.com/media/2015/feb/27/financial-times-to-change-way-it-charges-for-online-content [Accessed 6 May 2017].
Lepitak, S. (2013). 90% of online content to be held behind paywalls in three years media company survey suggests. [online] The Drum. Available at: http://www.thedrum.com/news/2013/04/12/90-online-content-be-held-behind-paywalls-three-years-media-company-survey-suggests [Accessed 6 May 2017].
Tofel, R. (2016). The sky is falling on print newspapers faster than you think. [online] Medium. Available at: https://medium.com/@dicktofel/the-sky-is-falling-on-print-newspapers-faster-than-you-think-c84a2f9a9df4 [Accessed 13 May 2017].