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Parker Woody

Crystal Palace - 0 views

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    3D models of the crystal palace
Erin Hamson

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

shared by Erin Hamson on 25 Sep 10 - Cached
Andrew DeWitt liked it
  • zero-cost distribution has turned sharing into an industry
    • Bri Zabriskie
       
      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
       
      Eliminates scarcity
  • By giving away the razors, which were useless by themselves, he was creating demand for disposable blades.
    • Erin Hamson
       
      Supply and demand
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  • The fastest-growing parts of the gaming industry are ad-supported casual games online and free-to-try massively multiplayer online games
    • Erin Hamson
       
      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
       
      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
       
      Cheaper goods brings in more people allowing the standard of living to rise for all.
  • FREE CHANGES EVERYTHING
    • Andrew DeWitt
       
      Wow, this is awesome.  Imagine the world of free electricity.  It makes me wonder what our age of free digital will bring.
    • Kristi Koerner
       
      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
       
      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.
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    A seminal post that became the basis of Anderson's 2009 book, FREE (Hyperion) 
Erin Hamson

Consumer How To - Swipe Auctions Saving Consumers Up To 95% Off Retail Prices - 0 views

  • Each bid placed on SwipeAuctions costs users $0.60. By collecting $0.60 for each bid placed, SwipeAuctions is able to afford giving away products on the cheap such as Macbooks for $23.72 or Nikon Digital Cameras for $57.42.
    • Erin Hamson
       
      The "free" business model
  • There is no longer a need to spend several hours online looking to see where the best deal is. The answer is simple. It's on SwipeAuctions! Whereas scouring the internet for to save an extra 5% works for some people, why waste your time when you could save 75%! SwipeAuctions is so much more than economical.
    • Erin Hamson
       
      Time v. price
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    Here is an example of a business model that is giving away the "free" stuff and making profit on other things.
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    Exactly today's topic!
Gideon Burton

Coase's Penguin: Or, Linux and The Nature of the Firm - 0 views

  • I suggest that we are seeing is the broad and deep emergence of a new, third mode of production in the digitally networked environment. I call this mode "commons-based peer-production," to distinguish it from the property- and contract-based models of firms and markets. Its central characteristic is that groups of individuals successfully collaborate on large-scale projects following a diverse cluster of motivational drives and social signals, rather than either market prices or managerial commands.
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    A seminal article from Yochai Benkler about changes to economic theory in the digital age.
Gideon Burton

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

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    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)
Gideon Burton

The Flipped Classroom : Education Next - 0 views

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    What if lectures and course content was experienced through online videos, and when you came together in class you worked on homework and got help from the instructor and fellow classmates? That's what this is all about. An interesting model.
Madeline Rupard

Helium--An interesting idea. - 0 views

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    I stumbled upon this website the other day. Its an article site with a bunch of hired authors. "Wait--hired authors!!" You say, in righteous defense of the open "wiki" model. But the cool thing about hired authors is that they are all viewing and rating each other's articles. Hence, "helium," the best articles rise to the top. I mean who decided that it was the best system to have bored 40 year olds living with their parents as the main source of information. (Let's be honest, those wikipedia articles didn't write themselves.) The good thing about a paid workforce is that there is a sense of pressure under writing the articles. Their business model is in and of itself an "invisible hand." Anyways, i thought it was a cool idea. Voila.
Andrew DeWitt

Earth Station Nine - 0 views

  • The US exhibit included the: McCormack Reaper, Colt Revolver, a 16,400 lb hunk of zinc, unpickable locks, a model of Niagara Falls and a piano that could be played by 4 people at the same time.
  • The Egyptian Court featured the hieroglyphic "Rosetta Stone"
  • Items on display included: the Jacquard loom, an envelope machine that could handle 60 pieces a minute, Lucifer matches, tools, steam engines, kitchen appliances, steel-making displays, powdered graphite in the form of yellow pencils, McCormack Reaper, Bowie knives, Swiss watches, a stuffed elephant, 40 foot scale model of the London docks with 1600 miniature ships, a knife with 1851 blades, prototype submarine, farm equipment, electric clocks, washing machine, false teeth, artificial limbs, chewing tobacco, centrifugal pump, Jacquard lace machine, steam-press, camerae-obscurae, Caloric Engine, Colt's Pistols, Prouty and Mears' Plows, American Bridges, household furniture made of coal, rhubarb champagne, artificial arms and legs, two chairs designed by Mr. Carl Leistler, centrifugal impellers (pumps). 
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    List of facts about the 1851 Crystal Palace
Brandon McCloskey

Crowdsourcing: Turning customers into creative directors - 1 views

  • "What we think is good for the consumer doesn't matter - it's what the consumer thinks is good that matters."
  • When you link the consumer to the manufacturer there are huge areas of opportunity
  • It's the internet, of course, that makes crowdsourcing possible - on a global scale.
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  • But there are pitfalls. "The biggest caveat is the issue of curation. It's great you opening the gates up to everybody - but all of a sudden you're going to get a lot more stuff."
  • "We later learned that it was this revolutionary business model. I think the reason it's so pure like that is the reason it's worked so well as a crowdsourcing company."
  • "I think that the way companies are seeing crowdsourcing is a lot different from the way we see it. They are looking at it as this new business model, as a way to outsource your work to an anonymous crowd of people. We're more about giving people something productive to do with their passions."
  • it's not so much the software that makes the company, it's the community
  • "It's an affordable way to be ahead. You're able to see what your customers are thinking and what they're dreaming of, and you're able to measure that against what you're doing."
  • His concern is that by "mining" the crowd in this way, the wealth that results from the work done remains concentrated in the hands of the people who put out the call - ultimately endangering jobs and the economy. Mr Lanier also believes that crowdsourcing threatens creativity.
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    Examples of successful crowdsourcing
Gideon Burton

Should Elementary Schools Be Modeled After Law Firms? - Education - GOOD - 2 views

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    Recommended by Eric Collyer
Gideon Burton

The Internet? We Built That - NYTimes.com - 1 views

  • it’s impossible to overstate the importance of peer production to the modern digital world.
  • What sounds on the face of it like the most utopian of collectivist fantasies — millions of people sharing their ideas with no ownership claims — turns out to have made possible the communications infrastructure of our age.
  • Peer networks laid the foundation for the scientific revolution during the Enlightenment, via the formal and informal societies and coffeehouse gatherings where new research was shared. The digital revolution has made it clear that peer networks can work wonders in the modern age.
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  • We have an endless supply of folklore about heroic entrepreneurs who changed the world with their vision and their force of will. But as a society we lack master narratives of creative collaboration.
  • what the Internet and its descendants teach us is that there are now new models for doing things together, success stories that prove convincingly that you don’t need bureaucracies to facilitate public collaboration, and you don’t need the private sector to innovate
Greg Williams

Connectivism - 1 views

  • Do we acquire it throu
  • These theories, however, were developed in a time when learning was not impacted through technology.
  • In many fields the life of knowledge is now measured in months and years.
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  • The amount of knowledge in the world has doubled in the past 10 years and is doubling every 18 months according to the American Society of Training and Documentation (ASTD). To combat the shrinking half-life of knowledge, organizations have been forced to develop new methods of deploying instruction.
  • Technology is altering (rewiring) our brains. The tools we use define and shape our thinking
  • learning as a lasting changed state (emotional, mental, physiological (i.e. skills)) brought about as a result of experiences and interactions with content or other people.
  • Objectivism (similar to behaviorism) states that reality is external and is objective, and knowledge is gained through experiences. Pragmatism (similar to cognitivism) states that reality is interpreted, and knowledge is negotiated through experience and thinking. Interpretivism (similar to constructivism) states that reality is internal, and knowledge is constructed.
  • Behaviorism states that learning is largely unknowable, that is, we can’t possibly understand what goes on inside a person (the “black box theory”)
  • Cognitivism often takes a computer information processing model. Learning is viewed as a process of inputs, managed in short term memory, and coded for long-term recall.
  • Constructivism suggests that learners create knowledge as they attempt to understand their experiences
  • Constructivism assumes that learners are not empty vessels to be filled with knowledge. Instead, learners are actively attempting to create meaning. Learners often select and pursue their own learning. Constructivist principles acknowledge that real-life learning is messy and complex.
  • learning that occurs outside of people
  • The ability to synthesize and recognize connections and patterns is a valuable skill.
  • In today’s environment, action is often needed without personal learning – that is, we need to act by drawing information outside of our primary knowledge.
  • An entirely new approach is needed.
  • How can we continue to stay current in a rapidly evolving information ecology?
  • We can no longer personally experience and acquire learning that we need to act. We derive our competence from forming connections.
  • Unlike constructivism, which states that learners attempt to foster understanding by meaning making tasks, chaos states that the meaning exists – the learner's challenge is to recognize the patterns which appear to be hidden
  • The capacity to form connections between sources of information, and thereby create useful information patterns, is required to learn in our knowledge economy.
  • A network can simply be defined as connections between entities.
  • Nodes that successfully acquire greater profile will be more successful at acquiring additional connections
  • Finding a new job, as an example, often occurs through weak ties. This principle has great merit in the notion of serendipity, innovation, and creativity. Connections between disparate ideas and fields can create new innovations.
  • Connectivism is the integration of principles explored by chaos, network, and complexity and self-organization theories.
  • Learning and knowledge rests in diversity of opinions.
  • Decision-making is itself a learning process. Choosing what to learn and the meaning of incoming information is seen through the lens of a shifting reality. While there is a right answer now, it may be wrong tomorrow due to alterations in the information climate affecting the decision.
  • The starting point of connectivism is the individual.
  • This cycle of knowledge development (personal to network to organization) allows learners to remain current in their field through the connections they have formed.
  • the internet leverages the small efforts of many with the large efforts of few.
  • example of a Maricopa County Community College system project that links senior citizens with elementary school students in a mentor program. The children “listen to these “grandparents” better than they do their own parents, the mentoring really helps the teachers…the small efforts of the many- the seniors – complement the large efforts of the few – the teachers.” (2002). This amplification of learning, knowledge and understanding through the extension of a personal network is the epitome of connectivism.
  • Implications
  • The pipe is more important than the content within the pipe. Our ability to learn what we need for tomorrow is more important than what we know today. A real challenge for any learning theory is to actuate known knowledge at the point of application.
  • acknowledges the tectonic shifts in society where learning is no longer an internal, individualistic activity
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    "Technology is altering (rewiring) our brains. The tools we use define and shape our thinking." . . . or so this fellow argues in a pretty detailed paper
Shaun Frenza

Gaming consol - totally Opensource! - 0 views

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    I thought this might fit into the question of open-source business models... Gaming is a huge part of our society and now its blending with open source!
Jeffrey Whitlock

BYU - Marriott School - Economic Self-Reliance - What is Microfranchising? - 0 views

    • Jeffrey Whitlock
       
      We are blessed to be at a school that is heavily involved in social entrepreneurship. BYU, in many ways, is one of the leading schools of thought in the microfinance realm. Consider this new innovative model which was largely developed at BYU: microfranchising
Parker Woody

Communist Manifesto (Chapter 3) - 0 views

    • Kristi Koerner
       
      The conflict with Christianity is interesting.
  • disastrous effects of machinery and division of labour
    • Erin Hamson
       
      are these laid in contrast to the benefits?
  • It proclaimed the German nation to be the model nation
    • Erin Hamson
       
      city upon a hill
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  • The Socialistic bourgeois want all the advantages of modern social conditions without the struggles and dangers necessarily resulting therefrom. They desire the existing state of society, minus its revolutionary and disintegrating elements. They wish for a bourgeoisie without a proletariat.
    • Erin Hamson
       
      want everyone to be like them
  • It is summed up in the phrase: the bourgeois is a bourgeois — for the benefit of the working class
  • These proposals, therefore, are of a purely Utopian character.
  • the concentration of capital and land in a few hands; overproduction and crises; it pointed out the inevitable ruin of the petty bourgeois and peasant, the misery of the proletariat, the anarchy in production, the crying inequalities in the distribution of wealth, the industrial war of extermination between nations, the dissolution of old moral bonds, of the old family relations, of the old nationalities.
    • Parker Woody
       
      Interesting how they appeal to the family and the loss of morals
Rhett Ferrin

Wired 12.10: The Long Tail - 0 views

    • Rhett Ferrin
       
      Rhapsody is awesome, but you should look into grooveshark.com. It follows the 'freemium' model discussed in class and has advertisements but I would like to hear what other people's experience is with it or any insights to how they make money.
  • Imagine if prices declined the further you went down the Tail, with popularity (the market) effectively dictating pricing. All it would take is for the labels to lower the wholesale price for the vast majority of their content not in heavy rotation; even a two- or three-tiered pricing structure could work wonders. And because so much of that content is not available in record stores, the risk of channel conflict is greatly diminished. The lesson: Pull consumers down the tail with lower prices.
Kevin Watson

Reassessing the industrial revolution - 0 views

  • Energy and the English Industrial Revolution, which is launched this week, suggests that the era not only stimulated unprecedented progress and growth, but opened a "Pandora's Box" of hazards. While new wealth was created and entire populations lifted out of poverty, the nature of economies also changed dramatically - from forms that were naturally self-limiting, to models which involve plundering finite natural resources without heeding the attendant dangers.
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    New views on the negative side of the Industrial Revolution
Katherine Chipman

The Engines - The Babbage Engine | Computer History Museum - 0 views

  • Difference engines are strictly calculators. They crunch numbers the only way they know how - by repeated addition according to the method of finite differences. They cannot be used for general arithmetical calculation. The Analytical Engine is much more than a calculator and marks the progression from the mechanized arithmetic of calculation to fully-fledged general-purpose computation.
  • Physical Legacy Aside from a few partially complete mechanical assemblies and test models of small working sections, none of Babbage's designs was physically realized in its entirety in his lifetime. The major assembly he did complete was one-seventh of Difference Engine No. 1, a demonstration piece consisting of about 2,000 parts assembled in 1832. This works impeccably to this day and is the first successful automatic calculating device to embody mathematical rule in mechanism. A small experimental piece of the Analytical Engine was under construction at the time of Babbage's death in 1871. Many of the small experimental assemblies survived, as does a comprehensive archive of his drawings and notebooks. The designs for Babbage's vast mechanical computing engines rank as one of the startling intellectual achievements of the 19th century. It is only in recent decades that his work has been studied in detail and that the extent of what he accomplished becomes increasingly evident.
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    Great explanation of the difference between difference engines and analytical engines.
Shuan Pai

Bobo Doll Experiment - Learning From Role Models - 0 views

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    bobo doll experiment by albert bandura
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