Arnon Mishkin says he has found the fallacy of the link economy but I think his argument is itself built on some fallacies, among them:
If links are not valuable, then fine, get rid of them: refuse all aggregators’ and search engines’ robots, complain so much about links that no one bothers to link to you (a la the AP). Or put all your stuff behind a pay wall where the links won’t pay off.
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