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Instead of trying to "put the genie back in the bottle" and revert to an even more "ridiculously closed" model, Stone said Murdoch and co. ought to be thinking about how to make up lost revenue by embracing a radically new and open strategy.
Co-founder of LinkedIn Reid Hoffman joined in with similar sentiments: "I am sure that during the transition from horses to automobiles there were some people bemoaning the loss of horse transport."