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Kevin Watson

$2 billion buys a lot of nothing | Dayton Daily News Newspaper | Find Articles at BNET - 0 views

findarticles.com/...ai_n55325664

shared by Kevin Watson on 27 Sep 10 - No Cached
    • Kevin Watson
      Kevin Watson on 27 Sep 10
       
      This is the scary view of the "virtual" world. It is the point when you know you are spending too much time online. Go outside! Go Hiking! Take someone to a restaurant! Spend your money on something TANGIBLE!
  • Danny Patterson on 27 Sep 10
     
    Addresses the current market within virtual economies and how people are spending REAL money for non-existing goods/services.
Gideon Burton

Creating New Business Models with Transactional APIs | Get Elastic Ecommerce Blog - 1 views

www.getelastic.com/models-with-transactional-apis

tiered api best buy

shared by Gideon Burton on 30 May 12 - No Cached
  • Gideon Burton on 30 May 12
     
    Content vs. Transactional APIs. As a non-programmer, I've come to learn just how critical it is to understand how APIs articulate services and people across the web. This article explains levels of API openness (perhaps a metaphor for non-commercial entities)
Erin Hamson

Free! Why $0.00 Is the Future of Business - 4 views

www.wired.com/...ff_free

shared by Erin Hamson on 25 Sep 10 - Cached
Andrew DeWitt liked it
  • zero-cost distribution has turned sharing into an industry
    • Bri Zabriskie
      Bri Zabriskie on 27 Sep 10
       
      This article is long but well worth skimming. I used a quote from it in one of my latest blogposts, "Free Entertainment?" at bricolorful.wordpress.com
  • Invent something people use and throw away.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Eliminates scarcity
  • By giving away the razors, which were useless by themselves, he was creating demand for disposable blades.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Supply and demand
  • ...13 more annotations...
  • The fastest-growing parts of the gaming industry are ad-supported casual games online and free-to-try massively multiplayer online games
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Still need a way to make money
  • The first is the extension of King Gillette's cross-subsidy to more and more industries.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      That is, giving somethings to make you buy others
  • The second trend is simply that anything that touches digital networks quickly feels the effect of falling costs.
  • And that meant software of broader appeal, which brought in more users, who in turn found even more uses for computers.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Cheaper goods brings in more people allowing the standard of living to rise for all.
  • FREE CHANGES EVERYTHING
    • Andrew DeWitt
      Andrew DeWitt on 28 Sep 10
       
      Wow, this is awesome.  Imagine the world of free electricity.  It makes me wonder what our age of free digital will bring.
    • Kristi Koerner
      Kristi Koerner on 28 Sep 10
       
      I actually agree that some things, maybe even more things, should be free. But not as a marketing ploy. And this system seems to go against our capitalist ideals of competition.
  • The most common of the economies built around free is the three-party system. Here a third party pays to participate in a market created by a free exchange between the first two parties.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Where the money comes in.
  • There are dozens of ways that media companies make money around free content, from selling information about consumers to brand licensing, "value-added" subscriptions, and direct ecommerce
  • subscription model of media and is one of the most common Web business models.
  • Isn't it just the free sample model found everywhere from perfume counters to street corners?
  • the manufacturer gives away only a tiny quantity
  • A typical online site follows the 1 Percent Rule — 1 percent of users support all the rest.
  • Yahoo's pay-per-pageview banners, Google's pay-per-click text ads, Amazon's pay-per-transaction "affiliate ads," and site sponsorships were just the start.
  • Gideon Burton on 25 Sep 10
     
    A seminal post that became the basis of Anderson's 2009 book, FREE (Hyperion) 
Kevin Watson

A VC: Freemium and Freeconomics - 1 views

www.avc.com/...freemium-and-freeconomics.html

digiciv free freeconomics chris anderson

shared by Kevin Watson on 27 Sep 10 - Cached
  • the Internet allows an entrrepreneur to enter a market with a free offering because the costs of doing so are not astronomical. And most entrpreneurs who take this approach will maintain an attractive free offering of their basic service forever. But that doesn't mean that everything they offer will be free. That's the whole point of freemium. Free gets you to a place where you can ask to get paid. But if you don't start with free on the Internet, most companies will never get paid.
    • Kevin Watson
      Kevin Watson on 27 Sep 10
       
      Not everything in the world will be free in a "free economy". "Free" is just a ploy to get you into a position where you will want to buy better things to work with.
  • Kevin Watson on 27 Sep 10
     
    Blog Article about Chris Anderson's book "Free" with some great insights on freemiums and what they will do to the economy.
Erin Hamson

Communist Manifesto (Chapter 2) - 0 views

www.marxists.org/...ch02.htm

shared by Erin Hamson on 04 Oct 10 - Cached
  • The Communists do not form a separate party opposed to the other working-class parties. They have no interests separate and apart from those of the proletariat as a whole. They do not set up any sectarian principles of their own, by which to shape and mould the proletarian movement.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      We are for you. You should join us. We will help you become equals, but not into a better position.
  • 1. In the national struggles of the proletarians of the different countries, they point out and bring to the front the common interests of the entire proletariat, independently of all nationality. 2. In the various stages of development which the struggle of the working class against the bourgeoisie has to pass through, they always and everywhere represent the interests of the movement as a whole.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      working to unite the proletariat, which according to chapter one should equalise them with the others.
  • formation of the proletariat into a class, overthrow of the bourgeois supremacy, conquest of political power by the proletariat.
  • ...26 more annotations...
  • The theoretical conclusions of the Communists are in no way based on ideas or principles that have been invented, or discovered, by this or that would-be universal reformer.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      We don't recognise one world leader, or founder. Unlike capitalism (Smith) or democracy (Locke).
  • but the abolition of bourgeois property.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      mean to abolish their symbol of status, but not divide it to the masses. Say that it is commonly held together.
  • Abolition of private property
  • We Communists have been reproached with the desire of abolishing the right of personally acquiring property as the fruit of a man’s own labour, which property is alleged to be the groundwork of all personal freedom, activity and independence.
  • , that quantum of the means of subsistence which is absolutely requisite to keep the labourer in bare existence as a labourer.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      tells the labourer they ought to be getting more for their hard work in support of the system.
  • allowed to live only in so far as the interest of the ruling class requires it.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      allowed to live only in so far as the interest of the state requires it. A state in which you have no say, but they really do care about you.
  • By freedom is meant, under the present bourgeois conditions of production, free trade, free selling and buying.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      What other sort of freedom is there?
  • It has been objected that upon the abolition of private property, all work will cease, and universal laziness will overtake us.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Isn't this what happened? Isn't this why they failed? They couldn't get man to work and produce enough products to support the country on virtue?
  • bourgeois society ought long ago to have gone to the dogs through sheer idleness;
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      They have to work to keep all the property they supposedly have.
  • Do you charge us with wanting to stop the exploitation of children by their parents? To this crime we plead guilty
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      How are the children currently exploited?
  • But, you say, we destroy the most hallowed of relations, when we replace home education by social. And your education! Is not that also social, and determined by the social conditions under which you educate, by the intervention direct or indirect, of society, by means of schools, &c.?
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Secular learning might be taught in schools, but values, beliefs, toleration are all taught in the home. The only way to have successful society without these being taught in the home is to teach them in the schools. Which they currently are not.
  • Our bourgeois, not content with having wives and daughters of their proletarians at their disposal, not to speak of common prostitutes, take the greatest pleasure in seducing each other’s wives.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      They claim that this is universally true, but they forget the virtue of some people.
  • to freedom of commerce, to the world market,
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      capitalism has begun a reduction of national barriers.
  • The Communists are further reproached with desiring to abolish countries and nationality.
  • In proportion as the exploitation of one individual by another will also be put an end to, the exploitation of one nation by another will also be put an end to. In proportion as the antagonism between classes within the nation vanishes, the hostility of one nation to another will come to an end.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Appealing to the 3rd world countries of the globe. trying to make communism a good thing.
  • The charges against Communism made from a religious, a philosophical and, generally, from an ideological standpoint, are not deserving of serious examination.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      We don't have anything to refute these claims, so we'll say they aren't important. Further we don't believe in religion because it causes differences, we can't refute something we believe in or think should exist.
  • The ruling ideas of each age have ever been the ideas of its ruling class.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      censoship
  • traditional property relations
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      People as defined by their property, in a physical sense. Defied by the reputation economy.
  • traditional ideas
  • to centralise all instruments of production in the hands of the State
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      manipulate the people to steal from other people, and then all will be stolen from all people.
  • Nevertheless, in most advanced countries, the following will be pretty generally applicable.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Capitalism with the State having a monopoly in every area within the country.
  • State
  • exclusive monopol
  • State.
  • State;
  • public
James Wilcox

Smith: Wealth of Nations, Book IV, Chapter 1 | Library of Economics and Liberty - 2 views

www.econlib.org/library/Smith/smWN12.html#B.IV, Introduction

digiciv economy

shared by James Wilcox on 12 Oct 10 - No Cached
  • Among the Tartars, as among all other nations of shepherds, who are generally ignorant of the use of money, cattle are the instruments of commerce and the measures of value
    • James Wilcox
      James Wilcox on 12 Oct 10
       
      That so interesting that cattle became the measure of money and wealth.  It seems that for something to be money it has to be able to come in large quantities, not have much difference between one to another, and carry a consistent value.
    • James Wilcox
      James Wilcox on 12 Oct 10
       
      This notion of a Gold or currency base stands so consistent that it is hard for us today to break away and have a purely digital or credit economy.  But ever so slowly we are getting there.
  • When those countries became commercial, the merchants found this prohibition, upon many occasions, extremely inconvenient. They could frequently buy more advantageously with gold and silver than with any other commodity the foreign goods which they wanted, either to import into their own, or to carry to some other foreign country. They remonstrated, therefore, against this prohibition as hurtful to trade.
    • James Wilcox
      James Wilcox on 12 Oct 10
       
      This principle of protectionism holds true today and is still argued about by growing economies.  Not so commonly with gold but with all different types of key commodities.
  • ...2 more annotations...
  • They represented, secondly, that this prohibition could not hinder the exportation of gold and silver, which, on account of the smallness of their bulk in proportion to their value, could easily be smuggled abroad.*9 That this exportation could only be prevented by a proper attention to, what they called, the balance of trade
    • James Wilcox
      James Wilcox on 12 Oct 10
       
      I have heard this same argument for illegal drugs.  I have heard people say we should legalize it so that it can be tracked and limited in a legal manner.
  • hat wealth consists in money, or and silver, is a popular notion which naturally arises from the double function of money, as the instrument of commerce and as the measure of value. In consequence of its being the instrument of commerce, when we have money we can more readily obtain whatever else we have occasion for than by means of any other commodity. The great affair, we always find, is to get money. When that is obtained, there is no difficulty in making any subsequent purchase. In consequence of its being the measure of value, we estimate that of all other commodities by the quantity of money which they will exchange for. We say of a rich man that he is worth a great deal, and of a poor man that he is worth very little money. A frugal man, or a man eager to be rich, is said to love money; and a careless, a generous, or a profuse man, is said to be indifferent about it. To grow rich is to get money; and wealth and money, in short, are, in common language, considered as in every respect synonymous.
Daniel Zappala

Entertainment: More people are watching movies online, but few are buying them - latime... - 0 views

www.latimes.com/...nloads-20101019,0,558719.story

economy digiciv

shared by Daniel Zappala on 19 Oct 10 - No Cached
  • Daniel Zappala on 19 Oct 10
     
    Will the digital economy revolve around renting vs owning?
Shaun Frenza

Communist Manifesto (Chapter 1) - 1 views

www.marxists.org/...ch01.htm

shared by Shaun Frenza on 04 Oct 10 - Cached
  • holy alliance to exorcise
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Religious diction
  • All fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses his real conditions of life, and his relations with his kind.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Man is responsible for technology which is responsible for a fast paced world, which they don't like
  • It compels all nations, on pain of extinction,
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Japan
    • Shaun Frenza
      Shaun Frenza on 05 Oct 10
       
      Seems a little singular - is there a specific reason why you only say "Japan"
  • ...17 more annotations...
  • The bourgeoisie has subjected the country to the rule of the towns.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Capitalism has taken over the world, and those that were slow to buy into the idealology are being left in the dust, and dependant on others, which they don't like.
  • Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Communists retaliate by not producing enough goods.
  • He becomes an appendage of the machine, and it is only the most simple, most monotonous, and most easily acquired knack, that is required of him.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Paints these people as the suffers, clearly appealing to them to call for "equality"
  • Not only are they slaves of the bourgeois class, and of the bourgeois State; they are daily and hourly enslaved by the machine, by the overlooker, and, above all, by the individual bourgeois manufacturer himself.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      In Communism all become slaves of the state and the state leaders, how is that better?
    • Shaun Frenza
      Shaun Frenza on 05 Oct 10
       
      Or they become the machine - They are not the slave, they are the mechanizm together... at least that is what they tell themselves.
  • All are instruments of labour, more or less expensive to use, according to their age and sex.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Conflicts with the MIT lesson, except for those that have to work. (in regard to females working) again an appeal to the working class people, who are the masses to revolt. This works less well in America because of the American dream and the possibility for change fostered by it.
  • At this stage, the labourers still form an incoherent mass scattered over the whole country, and broken up by their mutual competition.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Reminiscent of George Orwell's 1984, they hope lies in the masses of uncontrolled people
  • Thereupon, the workers begin to form combinations (Trades’ Unions) against the bourgeois; they club together in order to keep up the rate of wages; they found permanent associations in order to make provision beforehand for these occasional revolts. Here and there, the contest breaks out into riots.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      The working class fights back
  • so now a portion of the bourgeoisie goes over to the proletariat,
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      they aren't alone in their cause
  • The proletarian is without property; his relation to his wife and children has no longer anything in common with the bourgeois family relations;
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      The shear fact of having money and therefore time to spend with children brings these differences.
  • The proletarian movement is the self-conscious, independent movement of the immense majority, in the interest of the immense majority.
  • Its fall and the victory of the proletariat are equally inevitable
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      Doesn't believe capitalism can survive.
    • Rhett Ferrin
      Rhett Ferrin on 05 Oct 10
       
      Wait, all these sound like good things. Is he saying its bad to have Toyotas? Is it bad to have bannanas in December?
  • rescued a considerable part of the population from the idiocy of rural life.
    • Rhett Ferrin
      Rhett Ferrin on 05 Oct 10
       
      Can someone help me out here? Is he being sarcastic? He says capitalizm is bad then says that the bourgeoisie 'rescued' people from the 'idiocy of rural life' Thomas Jefferson thought the rural life was the ideal and to be sought after. I can't tell if Marx is for or against it.
  • By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labour
  • By proletariat, the class of modern wage labourers who, having no means of production of their own, are reduced to selling their labour power in order to live.
  • immensely facilitated means of communication, draws all, even the most barbarian, nations into civilisation
    • Shaun Frenza
      Shaun Frenza on 05 Oct 10
       
      Notice how we are in the same situation now as were were then - the facilitation of communication with the internet and how it shapes the world to become more homogenous.
Brad Twining

Game Theory scene from A Beautiful Mind - Mind Your Decisions - 0 views

mindyourdecisions.com/...utiful-mind-buying-new-or-used

game theory digiciv

shared by Brad Twining on 09 Nov 10 - No Cached
  • Brad Twining on 09 Nov 10
     
    Blog about the Nash equilibrium with more examples
Erin Hamson

Entertainment: More people are watching movies online, but few are buying them - latime... - 0 views

www.latimes.com/...nloads-20101019,0,558719.story

shared by Erin Hamson on 08 Nov 10 - No Cached
  • tudio executives say they're optimistic that particular headache will be resolved soon. But the pay channels are unlikely to allow movies to be sold online while they have the rights unless they negotiate a reduction in rights fees worth hundreds of millions of dollars per year.
    • Erin Hamson
      Erin Hamson on 08 Nov 10
       
      Everyone wants their share of the money.
LeeAnne Lowry

Freud a Fraud? - 0 views

www.human-nature.com/...timrev.html

digiciv psychology

shared by LeeAnne Lowry on 03 Nov 10 - No Cached
  • LeeAnne Lowry on 03 Nov 10
     
    So pretty much no one is buying what he's selling.
Chase McCloskey

Honda: The Power of Dreams - 0 views

dreams.honda.com/#/home

media honda dreams

shared by Chase McCloskey on 04 Nov 10 - No Cached
  • Chase McCloskey on 04 Nov 10
     
    Honda is producing a series of thought-provoking short documentaries on "various topics of interest to our global community". It's a refreshing alternative to regular advertising, in fact, I haven't seen a single ad in there telling you to buy their products.
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