Umair Haque / Bubblegeneration
umair haque  


Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.

Thursday, August 12, 2004

Nice piece from Oblomovka about how the Net's changed the distribution of fame.

My take: Basically, if we say that fame follows a power-law distribution, the Net's created decreased the exponent, flattening the area under the curve; but it's also raised and fattened the area under the curve. More people are more famous, and the average amount of fame/person has risen dramatically. This is why so many theoretial economies are becoming actually possible - search economies, distribution economies, etc, etc.

I think an interesting thing to consider is the time dimension of fame (Sorry Dr G). The Net has had a more dramatic impact, IMHO, on the dynamics of fame - as we can see in the world of political blogs, etc. This is because cutting search and transaction costs makes it possible to gain fame much faster than before - but the flipside is that the churn rate of fame is also much higher, since fame is also easier to lose.

That is too much nerd factor for one post.

-- umair // 8:03 PM // 0 comments


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