Library 2.0 Gang on OSS and the Economy

I wasn’t able to talk on the recent Library 2.0 Gang podcast cause of all of the travel I have been doing. The topic sounded great though: “Library 2.0 Gang 10/08: Financial Crisis or an opportunity?

Unless you have been living under a stone for the last few months, the turmoil in the world financial markets can not have escaped your notice, but how will this, and the inevitable recession that we are heading in towards, influence libraries and their suppliers?

Is the library world insulated from it? Does it mean that open source become more popular because it is perceived to be cheaper, or less because there will be less funding for those involved? Does it mean that pressure to purchase add-on components as against full systems will increase? What pressures will there be on the vendors both traditional and open source? Does this mean that libraries will become more or less significant in their communities? Is this an opportunity or a crisis or both?

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