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
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
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]
Wired 14.07: The Rise and Fall of the Hit The era of the blockbuster is so over. The niche is now king, and the entertainment industry – from music to movies to TV – will never be the same. By Chris AndersonPage 1 of 3 next » On March 21, 2000, Jive Records released No Strings Attached, the much-anticipated second album from NSync. The album debuted strong. Story Tools Story Images Click thumbnails for full-size image: Labels were on a roll. But even as NSync was celebrating its huge launch, the ground was shifting. It’s altogether possible that NSync’s first-week record may never be broken. Music itself hasn’t gone out of favor – just the opposite. What caused a generation of the industry’s best customers – fans in their teens and twenties – to abandon the record store? But technology didn’t just allow fans to sidestep the cash register. Technology also gave consumers a new way to buy music. When it comes to lost marketing power, nothing compares to the decline of rock radio.
The World Is Flat | Thomas L. Friedman History of the world twenty years from now, and they come to the chapter "Y2K to March 2004," what will they say was the most crucial development? The attacks on the World Trade Center on 9/11 and the Iraq war? Or the convergence of technology and events that allowed India, China, and so many other countries to become part of the global supply chain for services and manufacturing, creating an explosion of wealth in the middle classes of the world's two biggest nations, giving them a huge new stake in the success of globalization? And with this "flattening" of the globe, which requires us to run faster in order to stay in place, has the world gotten too small and too fast for human beings and their political systems to adjust in a stable manner? In this brilliant new book, the award-winning New York Times columnist Thomas Friedman demystifies the brave new world for readers, allowing them to make sense of the often bewildering global scene unfolding before their eyes. Reviews
The Long Tail: Business blogging != executive blogging 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." 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 From the AP: “In recent days, the top three Kindle sellers have been free books: Patterson’s, Joseph Finder’s “Paranoia” and Keyes’ “The Briar King.” Sat, 01 Aug 2009 01:09:38