The Incorporeal Economy

In October 2006, Netflix launched a contest. They offered a $1 million prize to any team that could improve their movie-recommendation software engine by 10%. Netflix’s global hackathon eventually engaged 30,000 engineers loosely organized and endlessly re-organized into hundreds of self-selected teams attempting to optimize their competitive profile. The winners took almost three years to“The Incorporeal Economy”

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Surveillance Economics or Why Does My Barber Have an App?

Does my barber need an app? Contemplating that question opened up an intriguing can of worms… One of the more difficult aspects of economic analysis is the unfortunate fact that economies involve humans making decisions. The math works, but the results don’t follow the math because the humans don’t pay attention to the equations. Interest“Surveillance Economics or Why Does My Barber Have an App?”

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The World according to Z

At the recent F8 conference, Mark Zuckerberg jokes that; “We don’t exactly have the strongest reputation on privacy.” No one laughed. Clearly, his developer audience took user demands for privacy protection more seriously than Mr. Z. Other than the desperate need of a new speechwriter, what is going wrong with Facebook? In March, Zuckerberg published,“The World according to Z”

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The Internet and the Long Tails of Political Discourse

Below is a graph of a standard normal frequency distribution. It was created with a random number generator but these types of distributions are also very common in nature. For example, if you count the kernels on the cobs from the 30,000 corn plants in an acre, that data will track a normal distribution. The“The Internet and the Long Tails of Political Discourse”

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