Plentiful - and cheap - web content?

NYT’s David Carr writes about the cheap web content provided by services like Demand Media.  This article made me wonder about the future of how content will be provided on the web.  Do free content sites like YouTube devalue filmmakers by setting the expectation that videos made for the web should be inexpensive?  As Carr points out in his article, the independent producers for Demand Media are paid relatively very little while the company appears to profit handsomely from their efforts.

Read the full article here