Semantic Web

In an interesting article by Paul Ford , the author takes us through a fictional journey where google becomes the most powerful company beating the amazons and ebays of the current world. The way google moves away from its other players is the use of semantic web where the relationships between the vast information repositories around the world are going to play a critical role to synthesize knowledge. The three powerful services of google’s strategy are spelt forth as

Signs of Prosumer

Alvin Toffler in his book “The Third wave”, talks about the rise of prosumer, the economic agent who is responsible for producing as well as consuming, as opposed to the consumer of the Industrial age. Current TV does seem to be the signs of that phenomenon in media, where the content is aggregated from a variety of people and distributed to large masses of people. Mass media content suffers from a long list of drawbacks.

Smart People and Dumb Ideas

Paul Graham in an interesting article shares his notion about people and ideas. The primary point of discussion is why do smart people have dumb ideas? The reasons for a dumb idea are : Still life effect:You come up with a random idea, plunge into it, and then at each point (a day, a week, a month) feel you’ve put so much time into it that this must be the idea.

Acquisition : Buffet speak

Interviewer: When you consider an acquisition, what are the first things you look for in a management team? Buffet: Well, what do you look for in a girl? Seriously, you look for the logical things - passion, an interest in running the business, honesty. Such as, do they love the business, or do they love the money? This is the first filter. I mean real passion; Mrs. B ran Nebraska Furniture Mart until she died at the age of 103 - that’s passion.

Cow 4: Its the only thing

Cow # 4: Its the only thing An example of the importance of incorporating the marketing element in the service itself “Coachville isn’t a product, it’s a movement. Thirty-two thousand people have joined over the past two years,making it one of the fastest-growing professional organizations . Founded by Thomas Leonard, a charismatic personal coach who recently passed away, Coachville is a group of people focused on helping each other make a living as coaches.