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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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