[FoRK] The best minds of my generation are thinking about how to make people click ads
reza.bfar at oracle.com
Mon Apr 18 15:39:56 PDT 2011
Couple of points to ad to Eugen's comments/questions -
1. If the argument here is let's disguise research in vapor-commercial-ware
so that it gets funded, I think it's counter-productive. This kind of
thing is why VC's often discount real valuable research. It contributes
to the false perception that egg-heads are out there cooking up crazy crap
that has no real value.
2. Has anyone done a macro-economic analysis to see if the "benefits" of
social networking adds enough that it provides ROI that can be monetized?
Put simply, I think social networking generates more economic inefficiency
than efficiency... people waste their time for the most part writing crap
about where they buy coffee...
3. Where is the bottom line value that is produced by doing social network
analysis? Does it help some innovation cycle? evolution of the race?
Economic efficiency? what's the macro benefit other than exchanging
use-less social chatter? Is the benefit merely to sell more ads to
people? Is the entire economy now based on ads?
On 4/18/11 1:29 PM, Eugen Leitl wrote:
> On Mon, Apr 18, 2011 at 10:49:51AM -0700, J. Andrew Rogers wrote:
>> We do not have the technology to do social network analysis well. Computer science is inadequate at a fundamental level for the kinds of advanced social analysis people want to do. It is not a problem that can be solved on a distributed hash table (e.g. Hadoop) except for the most shallow types of analysis, though many people assume otherwise.
> The real sentiment is that monetizing the monkeysphere is
> a shit goal by itself. God knows we've got bigger fish to
> fry than that.
> Of course algorithms are inadequate; they always are.
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