[FoRK] The best minds of my generation are thinking about how to make people click ads

Reza B'Far reza.bfar at oracle.com
Mon Apr 18 16:33:44 PDT 2011


Completely agree with the sentiment... I guess the point is that the SNR is WAY 
too low.... hence, the economic ROI not being there for an ecosystem that 
generates real value (and then real money -- not the kind of money you saw in 
"exotic financial assets").

On 4/18/11 4:24 PM, Gregory Alan Bolcer wrote:
>
>
> On 4/18/2011 3:39 PM, Reza B'Far wrote:
>
>> 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...
>
> http://www.brandinfection.com/2009/08/01/seth-godin-on-social-networking/
>
> Networking is always important when it’s real and it’s a useless distraction 
> when it’s fake…
>
> How's that for macro?
>
> Greg


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