Second Life's Grand Opening

I wonder whether in retrospect Linden Lab's decision to open up the code of Second Life will turn out to be as momentous as when Netscape gave its Navigator code to the new Mozilla project? Interestingly, Linden Lab specifically invoked that precedent when it made the announcement:

In 1993, NCSA released their liberally licensed, but proprietary, Mosaic 2.0 browser with support for inline images arguably heralding the start of the web as we know it today. In an act of either acceptance of the inevitable or simple desperation, Netscape Communications released the bulk of the Netscape Communicator code base to form the foundation of projects as Mozilla, Firefox, and Thunderbird.

We are not desperate, and we welcome the inevitable with open arms.

Stepping up the development of the Second Life Grid to everyone interested, I am proud to announce the availability of the Second Life client source code for you to download, inspect, compile, modify, and use within the guidelines of the GNU GPL version 2.

A year later, it's a good moment to review where we are, and here are two useful contributions, one from Wagner James Au, the other from LWN's Jonathan Corbet. Things seem to be moving on, and it will be interesting to watch how this area develops.

Bill Gates's Virtual Wealth

Here's a very sharp post from Urizenus Sklar, which is a comment on Wagner James Au's post, which in turn was commenting on the news that Second Life has its first (dollar) millionaire:

Anshe Chung has become the first online personality to achieve a net worth exceeding one million US dollars from profits entirely earned inside a virtual world.

As Au points out, Chung doesn't really have this million dollars: her ability to realise it is contingent on all sorts of factors:

If Anshe Chung gradually sold all her Second Life assets over the span of a year or two to prevent market devaluation, and if all the assets actually in the inventory of various avatars working for Anshe were successfully transferred back to her, and if throughout that time the in-world economy remained stable and the population continued growing, and if Second Life did not suffer any serious interruptions of service either through hacking, scalability failures, sale of the company, or other unforeseen acts of God-- why, Anshe Chung's account holder would have, at the end of that long and arduous process, well over $1,000,000.

But as Sklar brilliant notes, Bill Gates's wealth is equally chimerical and contingent:

If he started slowly selling his stock, but not so fast that the value tanked, and IF open source software doesn’t wipe him out before he sells and IF Google doesn’t wipe him out before he sells, and IF a lawsuit doesn’t wipe him out first, and IF his business doesn’t get dismantled for anti-trust violations, and IF he doesn’t get shot, and If as soon as he gets his money out he doesn’t put it in financial derivatives and they tank and IF as soon as he gets it out his wife doesn’t make him spend it on starving children in Africa before he gets to stuff his mattress with it, then I suppose he is a billionaire. But what are the chances of that?

Beyond the wit, what this post serves to underline is that there is no substantive difference between "virtual" wealth made in the "virtual" world, and "real" wealth made in the "real" world.