@kgoeller - I think auto-updating content will be just one more data type that will float in your personal orbit. Storytelling like the kind you described is something we’ve yet to see a great deal of, but I expect that will change. Bringing a topic into your orbit is a very powerful concept. I don’t, however, think that works as well with a photograph or a recipe, for example. You may think it is unfinished but for me it is perfect. If you changed it, I would lose the thing I had saved. If you retained control, you could also delete it. It’s a bit too reminiscent of the Kindle / 1984 controversy.
@kdwilliams - I really don’t think content creators have too much say in the matter. The reality is that this is already happening, but in back channels. People are saving your recipes in text files or they are downloading images / videos / music to folders on desktops. They are sharing on Dropbox or through Gmail. Content creators have no idea how much activity is happening around their content. As services arise to give them insight into that, I think they’re interest will be sufficiently piqued. When ways to monetize that activity become more apparent, I think they’ll be fairly happy pandas.
@Philip - I’m in agreement with most of what you’re saying, but I’d substitute “save” for “subscribe”. Subscribe leaves the content behind and requires another service to keep the list going of your subscriptions. Save truly brings the content into your orbit where it can exist safe and sound.