Much like the Fountain of Youth (a legendary spring that reputedly restores the youth of anyone who swims in its waters) the cloud-based Google drive or GDrive has been the stuff of tech lore for the better part of the past ten years. Continue reading
On July 3rd, 1995 The Economist wrote “[i]n its audacious uselessness – and that of thousands of ego trips like it – lie the seeds of the Internet revolution…” to describe the “profound” fish tank webcam that had been set-up at the headquarters of Netscape Communications in mid-1994. This, among with another 3,000-4,000 sites, formed the beginning of what many people today can identify as the Internet and/or the World-Wide Web. In addition, this was one of the very first instances of something truly frivolous being shared on the high-speed computer network that over two billion people connect to on a daily basis. Continue reading
Once upon a time there was a thriving online network of (pretty ugly) web pages called GeoCities and this network was linked together through some pretty crude – by today’s standards – “social” mechanisms. People were grouped together in communities and interacted with one another through the means of the day. In 1998 GeoCities went public on the NASDAQ for $17 per share and rose to an atmospheric $100 per share before being acquired by Yahoo! in 1999 for a tidy $3.5 billion. At this point GeoCities was the third most visited destination on the Internet behind Yahoo! and America Online (AOL). Fast forward ten years and on October 26, 2009 Yahoo! pulled the plug on the once-great online community. Continue reading
A little over 15 years ago a brilliant colleague and dear friend of mine introduced me to the work of one of the father’s of artificial intelligence, information processing, decision-making, problem-solving, attention economics, organization theory, complex systems, and computer simulation of scientific discovery – Nobel Laureate in Econonomics, Herbert Simon. With it he also introduced me to the concept of attention economics or, in layperson’s terms, information overload.
“What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.” – Herbert Simon (1916-2001) Continue reading
More accounting irregularities threaten to derail the hottest IPO of 2011 || “More Trouble for Groupon IPO” http://ow.ly/6DSZO
The late Irish dramatist Brendan Behan once said that “there is no such thing as bad publicity except your own obituary” and I can’t help but think that the folks over at Groupon might want to rethink their brash rhetoric heading into their currently scheduled IPO. Continue reading
Looking to solve an age-old problem that had been hampering AIDS drug research for over a decade, scientists at the University of Washington turned to a three-dimensional spatial modeling “game” called Foldit. Continue reading