: Is there demand for yet another social media monitoring tool? Microsoft (NSDQ: MSFT) seems to think so, saying it will begin testing a new web-based platform called LookingGlass next month, according to a report in ClickZ. LookingGlass monitors conversations on social media sites, including Twitter, Flickr, and YouTube, so that companies can track consumer sentiment about their products in real-time. The updates are also automatically rated as positive or negative, so that they can be parsed for trends.
Delicious/Spaceluge
My last post has caused some controversy, and an especially vehement reply from Chris Skinner. I suggest you read his post, actually, before you read this one. Now, the basic premise of my argument was this: Zopa has the potential to be a disruptive player, but isn't because it is behaving exactly like a bank. It is going a (Read More)
: "Now, the basic premise of my argument was this: Zopa has the potential to be a disruptive player, but isn't because it is behaving exactly like a bank. It is going after exactly the same customers as banks, using the same means of working out whether they are credit worthy or not, and then pricing loans in pretty much the same way a bank would do. Actually, Zopa loans are often more expensive than bank loans, because they have to make deposits attractive to people with money to lend compared to more traditional investment options."
Google Blog Search: "social media"
A couple of interesting notes from twitter pals this week. @kanter alerted me to a post by Alexandra Samuel, “Don’t Keep Up with Social Technology.” Ms Samuel makes the point that when you spend a lot of time trying to keep up with all the changes, new tools, new techniques, new options that you are taking time away from a (Read More)
: "Ms Samuel makes the point that when you spend a lot of time trying to keep up with all the changes, new tools, new techniques, new options that you are taking time away from actually using social media to get work done."
Submitted by Hutch
from Google Reader:
The tight links among software developers on the internet is stifling the development of new ideas, a social scientist argues. (Read More)
: To restore the kind of aggressive innovation needed to build the next-generation internet will require re-engineering of the social networks of software developers themselves (Science, vol 325, p 396). This could be done, for example, if funding agencies ensured that research projects were carried out by many small, competing groups over longer periods. "To enable innovation it may be necessary to reduce the number of social ties between coders," says Mayer-Schönberger.
: Far from it. The reality is that students performing at the top of the class in 4th grade tend to be the same students performing at the top of the class in 12th grade, due to many factors that tend to remain stable in students' lives: family, lifestyle, resources, etc.
Being branded with a low IQ at a young age, in other words, is like being born poor. Due to family circumstances and the mechanisms of society, most people born poor will remain poor throughout their lives. But that doesn't mean anyone is innately poor or destined to be poor; there is always potential for any poor person to become rich.
: "But 15th Ave Coffee & Tea is an experiment doomed to failure, because there's no way a corporate coffee chain can create an authentic neighborhood coffeehouse experience. Your favorite local coffeehouse is the product of someone's passion, dedication, and probable borderline craziness. 15th Ave is the product of corporate product design and development."
Submitted by Hutch
from Google Reader:
Interesting article in the NYTimes about the significance of following hunches for U.S. Soldiers in Iraq. Among various stories of soldiers sensing danger and avoiding traps, are reports on various studies trying to understand how the better soldiers are able to detect these things, when ordinary soldiers do not.But the kic (Read More)
: "There is definitely a perception ability aspect to all this (some people’s visual perception is better than oters), but some people have a much better sense of what they’re feeling and what it might mean and are more comfortable with those feelings and can sorting them out. Whereas many people repress or ignore many of their feelings as irrational. In Making Things happen there’s a long section about the importance of understanding your own emotions in managing well, which is an important realization to make for similiar reasons."
: "spices When you layer in social computing concepts at the early stages of content creation, you have the ability to encourage such uses of raw ingredients (or social objects). These social objects, previously hidden in an access controlled CMS environment are now unlocked via social computing concepts and tools."
: "After two decades of aggressive expansion in the bricks-and-mortar side of its retail-banking business, Bank of America is reportedly set to close about 10% of its 6,100 nationwide branches as more and more consumers handle their banking needs online and with mobile devices rather than visiting their local branch. My only question is, why have they waited so long?"
Submitted by Hutch
from Google Reader:
Pride Motors, a Boston area car dealer, is advertising the following special: Lease a car before August 26, and if it's above 96 degrees at Boston Logan. (Read More)
: "Pride Motors, a Boston area car dealer, is advertising the following special:
Lease a car before August 26, and if it’s above 96 degrees at Boston Logan Airport on Labor Day, they will make your first 12 lease payments for you (minimum 36 month lease term)."
GigaOM
If you’re out to create something truly great, you’ll likely need to challenge some widely held — but incorrect — beliefs. Challenging conventional wisdom is much harder than most people realize, and those that do make us uncomfortable. Which is why it’s so important to learn how to identify and embrace people who see the w (Read More)
: "The inspiration for the title of this post came from the book “Weird Ideas That Work,” in which Robert Sutton suggests hiring “people who make you uncomfortable.” He argues that employers typically hire people like themselves and that most interviews are more about the social fit between the candidate and interviewer rather than the candidate and the job. So what can you do to embrace those who make you uncomfortable?"
Paul Kedrosky's Infectious Greed
There is a fascinating new NBER paper out making the case for the humble potato as disruptive innovation: We have estimated the effect of the introduction of the potato on Old World population growth and urbanization. The nutritional and caloric superiority of the potato, and its diffusion from the New World to the Ol (Read More)
: Add a note"We have estimated the effect of the introduction of the potato on Old World population growth and urbanization. The nutritional and caloric superiority of the potato, and its diffusion from the New World to the Old, allows us to estimate causal effects using a difference-in-differences estimation strategy. According to our most conservative estimates, the introduction of the potato explains 22% of the observed post-1700 increase in population growth. These results show that food and nutrition matter. By increasing the nutritional carrying capacity of land they can have large effects on population."
: "But the system we are ushering in so quickly is not enough to fill the void being left by the old guard (despite all their weaknesses). Sure, anyone with a pulse and a Wordpress account can blog. But who will break the tough stories? Who will uncover the political and business corruption? Who will do the hard reporting, the hard work?
Neowin.net / All
Blogger Robert Scoble has posted a message on his FriendFeed account, hinting at a Microsoft announcement next Monday, related to Google's OS. In the posting, Scoble notes "why did Google announce Chrome OS this week? Well, of course, Microsoft has a big announcement coming on Monday (I'm embargoed)". Neowin confirmed last (Read More)
"cloudnotes" via mrshl in Google Reader
Michael Nielsen posted an entry on Michael Nielsen Shirky’s Law and why (most) social software fails9:08 am - Comment Daniel Doro Ferrante, Hutch Carpenter, Dimitrios Diamantaras, Richard Shulman and 21 other people liked this Adapted from my draft book on the future of science. This is from the chapter on new tools for cr (Read More)
: "I’ve heard hackers brag that they could have built Twitter over a weekend. Underlying this boast is a misunderstanding of what is truly impressive. Coming up with Twitter required only a small amount of technical knowledge. The hard part was the social insight to realize such a tool would be useful. This is a social insight the bragging hackers didn’t have."