Wikinomics: How Mass Collaboration Changes Everything Concepts[edit] According to Tapscott, Wikinomics is based on four ideas: Openness, Peering, Sharing, and Acting Globally. The use of mass collaboration in a business environment, in recent history, can be seen as an extension of the trend in business to outsource: externalize formerly internal business functions to other business entities. The difference however is that instead of an organized business body brought into being specifically for a unique function, mass collaboration relies on free individual agents to come together and cooperate to improve a given operation or solve a problem. This kind of outsourcing is also referred to as crowdsourcing, to reflect this difference. This can be incentivized by a reward system, though it is not required. The book also discusses seven new models of mass collaboration, including: The last chapter is written by viewers, and was opened for editing on February 5, 2007. Central Concepts of Wikinomics in the Enterprise[edit] Coase's Law[edit] Videos
Payment startup Square valued at $3.25 billion Square founder and CEO Jack Dorsey FORTUNE -- After a fundraising process that lasted several months, Square, the fast growing mobile payments startup, said on Monday that it has raised more than $200 million in a new round of financing. The investment values the company at approximately $3.25 billion, according to a person with knowledge of the transaction, or roughly double its valuation following a $100 million financing round in the summer of 2011. Square also said that it is now processing payments at a rate of $8 billion annually, up from about $2 billion last October. Square, whose mobile payment technologies are making it ever easier for consumers to do away with cash, began its fundraising effort this spring. MORE: iPhone 5 sets a sales record Square's investors include Citi Ventures, the venture capital arm of Citigroup (C), Rizvi Traverse Management, and Starbucks Coffee (SBUX).
top ten reasons why nobody reads your blog top ten reasons why nobody reads your blog 1. You're not a good-looking female who likes posting naked pictures of herself. Pretty damn obvious, if you ask me. [Not safe for work. You've been warned.] 2. Yeah, people really want to spend the short time they've been given on this Earth to find out what an unemployed managing consultant dork has to say. 3. Yeah, I've read the Cluetrain as well. 4. Yeah, they sit around sipping champagne, eating caviar and laughing about you. 5. The fact that you haven't figured this out yet surprises everyone. 6. TAN is smart and funny. 7. Somehow your eighth-grade English teacher managed to convince you that truth & beauty were more important to people than money & power. 8. Instead it makes them want to emulate the champagne-swigging A-Listers currently mocking you. 9. And you're already whinging. 10. And thanks to folk like you it's getting EVEN LONGER. [FURTHER READING:] "Top Ten Blogger Lies." [BONUS LINK:] Kent has a very different take on things. Heh. Max
The Wisdom of Crowds The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group. The book presents numerous case studies and anecdotes to illustrate its argument, and touches on several fields, primarily economics and psychology. The opening anecdote relates Francis Galton's surprise that the crowd at a county fair accurately guessed the weight of an ox when their individual guesses were averaged (the average was closer to the ox's true butchered weight than the estimates of most crowd members, and also closer than any of the separate estimates made by cattle experts).[1] Types of crowd wisdom[edit] Surowiecki breaks down the advantages he sees in disorganized decisions into three main types, which he classifies as
Welcome To Scaled Composites The Long Tail: Richard Florida, Shameless Hitist Sun, 08 Nov 2009 00:46:19 “Priced and Unpriced Online Markets" by Harvard Business School professor Benjamin Edelman. Discusses tradeoffs in market such as email, IP addresses, search and dial-up Internet. "Reminiscent of the old adage about losing money on every unit but making it up in volume, online markets challenge norms about who should pay, when, and why." I found this typically academic: dated, dry and pretty unilluminating. Mon, 31 Aug 2009 01:53:50 From Mashable: “Freezly is a lot like Tweetmeme in that it finds link and tweets and shows you their popularity based on retweets. Fri, 28 Aug 2009 02:08:25 From Cellular News. Mon, 10 Aug 2009 20:54:23 From the LA Times: “Industry insiders estimate that since 2007, revenue for most adult production and distribution companies has declined 30% to 50% and the number of new films made has fallen sharply. Fri, 07 Aug 2009 11:07:00 Sat, 01 Aug 2009 01:09:38 Mon, 27 Jul 2009 20:37:31 Wed, 15 Jul 2009 03:26:19 Wed, 15 Jul 2009 02:42:05
The World Is Flat The World Is Flat: A Brief History of the Twenty-First Century is an international bestselling book by Thomas L. Friedman that analyzes globalization, primarily in the early 21st century. The title is a metaphor for viewing the world as a level playing field in terms of commerce, where all competitors have an equal opportunity. Friedman himself is a strong advocate of these changes, calling himself a "free-trader" and a "compassionate flatist", and he criticizes societies that resist these changes. Summary[edit] In his book, The World is Flat, Friedman recounts a journey to Bangalore, India, when he realized globalization has changed core economic concepts.[1] In his opinion, this flattening is a product of a convergence of personal computer with fiber-optic micro cable with the rise of work flow software. Friedman repeatedly uses lists as an organizational device to communicate key concepts, usually numbered, and often with a provocative label. Ten flatteners[edit] [citation needed]
Burt Rutan Elbert Leander "Burt" Rutan (born June 17, 1943) is an American aerospace engineer noted for his originality in designing light, strong, unusual-looking, energy-efficient aircraft. He designed the record-breaking Voyager, which was the first plane to fly around the world without stopping or refueling, and the sub-orbital spaceplane SpaceShipOne, which won the Ansari X-Prize in 2004 for becoming the first privately funded spacecraft to enter the realm of space twice within a two-week period. He has five aircraft on display in the National Air and Space Museum in Washington, D.C., United States: SpaceShipOne, the Virgin Atlantic GlobalFlyer, Voyager, Quickie, and the VariEze.[1] Life and career[edit] Born in 1943 in Estacada, Oregon, 30 miles southeast of Portland, and raised in Dinuba, California, Rutan displayed an early interest in aircraft design. In 1982, Beechcraft contracted Rutan's Scaled Composites to refine the design and build the prototype Beechcraft Starship. Homebuilts[edit]