-
Strategies for a discontinuous future.












Friday, January 13, 2006
 


Ha ha

So a week or two back I predicted one of the 2.0 probs would be info cascades - and people are already talking about it in exactly that way. Very nice.

-- umair // 11:01 PM //


Comments:

In philosophy this phenomena is called Argumentum ad populum, or the bandwagon fallacy. Simply put, the volume of votes do not have anything to do with the accuracy or veracity of a claim. (See wikipedia entry here - http://en.wikipedia.org/wiki/Argumentum_ad_numerum) I've been thinking about this problem for a long time since the most popular forms of value definition on the web are simple multiple-choice voting.

But what's better? Will we see value judgements for accuracy derived from natural language analysis - the same way that we see search engines derive value judgements for relevance from web pages and links? Or will an open reputation standard evolve similar to eBay reputations, which again would be open to the same problem?

Seems to me we're asking computers to do something that they're not very good at doing, except in dead-simple ways like Digg, so we'll continue to get dead-simple outcomes.
// James // 8:26 PM
 
Post a Comment
search



new


input

due diligence
ventureblog
a vc
techblurbs
tj's weblog
venture chronicles
terranova
the big picture
gigaom
venchar
bill burnham
babak nivi
n-c thoughts
paidcontent
techdirt
slashdot
london gsb
mefi
boingboing
blort
hardwax
betalounge

ing
morgan
chicago fed
dallas fed
ny fed
imf
world bank
nouriel roubini

portfolio
contact

mail.
uhaque (dot) mba2003 (at) london (dot) edu

skype.
umair.haque

atom feed

technorati profile

blog archives