I'm sadly not able to go to Aspen this week, but Gigi Sohn is there now.  Reporting in her inimitable style, she says:

[P]erhaps [Michael Eisner's] most ridiculous shot of the day was at co-panelist Arianna Huffington, publisher of the Huffington Post. Eisner criticized Huffington for a business model that does not pay its contributing bloggers. If people just give away their blog posts to the Huffpo, they will be relegated to working on an assembly line just to pay their bills, he said.

Gigi points out, rightly, that there are a lot of reasons people blog that have nothing to do with money.  Recognition, influence, impact, conversational participation in the online world - there are many good motivations to write.  It may be true for most bloggers that there's no immediate business model, but there are indirect informational effects of writing a blog that can support a satisfying and moderately remunerative life.

Here, take my blog - it's free.  And tomorrow I'll go back to CALEA (bet you can't wait).