Category: interestingness

Top 5 new business ideas

The month of lists has begun, so I decided to rank the business ideas from the last year that could or should be a big deal in the next year. Most of these ideas and companies have actually been around longer than 12 months, but they either reached a certain critical mass or captured my imagination in a new way recently.

1) Scrobbling
All my listening behavior are belong to Last.fm. They figured out how to not only capture what I listen to but also to incentivize me to keep my behavior data with them. Since my listening data is open for other services to use, I am willingly giving Last.fm the power to broker that data with other providers on behalf. That’s a very strong position to be in.

2) Meta ad networks
Feedburner and Right Media figured out that ad networks can be networked into meta networks. Right Media went the extra step and opened up their APIs so that someone can build a white label ad exchange of their own using the Right Media tools. All you need are advertisers and publishers, and you’ve suddenly got a media market of your own. I can’t help but wonder if these guys have stepped into the big leagues with the next really important revenue model.

3) Pay-as-you-go storage, computing, whatever
Amazon impresses me on so many levels even if they don’t know exactly what they’re doing. They are making it happen just by doing smart things with the resources already in their arsenal. Similarly, Flickr understands that the APIs you use to build your web site are the same APIs you want to open up as a service, and it’s paying off handsomely for them. The formula here is one part optimizing resources and two parts confidence that your business won’t crash if you share your core assets with other people. Stir constantly.

4) People-powered knowledge
I really like the Yahoo! Answers experience. I also really like the concept behind MechanicalTurk where knowledge can be distributed as a service. Machines are at their best, in my opinion, when they make humans capable of doing things they couldn’t otherwise do, not least of which is making the universe of human knowledge more accessible.

5) Widget-mania
It wasn’t until I heard about the big revenues GlitterMaker was earning that I realized just how powerful this idea has become the last year or so. Beck’s customizable CD cover reinforced the idea that everything is a tattoo or a tattooable thing if you look at it that way…and many people do. If only I could run AdSense on my forehead.

My personal blogger hierarchy

It’s hard to resist adding my $0.02 in a debate about blogging like the one Nick Carr started this week with his post on The Great Unread, the story of the royal hierarchy in the blogosphere:

“As the blogophere has become more rigidly hierarchical, not by design but as a natural consequence of hyperlinking patterns, filtering algorithms, aggregation engines, and subscription and syndication technologies, not to mention human nature, it has turned into a grand system of patronage operated – with the best of intentions, mind you – by a tiny, self-perpetuating elite.”

It’s definitely worth a read if you blog. If you don’t, it’s more echo chamber music, as is this post.

I suspect that the idea of the blogosphere and the blog elite is a temporary one. The blogger hierarchy does not make the substance of a post any more or less valuable. Ultimately, that value is completely up to me, not some shallow power structure.

I’m hoping that instead of reinforcing global hiearchical power structures that things like recommendation engines, personalization services, syndication and filtering algorithms will weed out the crap and bubble up what matters to me, empowering me to own my media experience.

Popular blogs, podcasts and videos will become just a sidebar to my daily intake when their relevance to my world is only tangential.

I respect what Jay Rosen says (and Nick, for that matter), but his posts are too long for me. I need the blogs I read regularly to filter out which of Jay’s posts are worth spending the time to read. I’m impressed not just by the quality of the posts Jeff Jarvis generates but also the volume. Again, I need an interestingness filter on Jeff’s posts to surface the ones that matter to me.

Yet all of Jay’s and Jeff’s influence on my thinking about journalism and media has no bearing whatsoever on the music I listen to, the basketball teams I follow or the technologies I find interesting.

What Nick rightly points out is that there will be an increasing tendency for people to publish for the sake of fame and fortune which will dilute the pool of interesting things out there. This is the popularity problem.

Perhaps I’m just optimistic. But it seems reasonable to expect that we’ll find technology answers to this issue, automatic ways to subvert wasteful power structures that may be forming in the world of personal media.

Recommending RSS feeds on My Yahoo!

Former Yahoo! colleague Don Loeb (now at Feedburner) called out the recent addition of RSS feed recommendations to the My Yahoo! product. This module automatically bubbles up sources that you might want to add to your page so that you don’t have to hunt and peck so much to find stuff that matters to you.


It’s cool to see a technology work as it was intended…but then there are the surprises that aren’t intended that are even better than seeing something go as planned.

One interesting unintended outcome is that I’m actually discovering new blog posts to read that I would never otherwise find amongst my current list of feeds. And I don’t have to subscribe to the feeds to see these posts.

For example, Niall Kennedy’s blog was recommended to me in this new module and I learned that he’d just left Microsoft after a short stay with the Live.com team. I don’t currently subscribe to Niall’s blog and none of my feeds seemed to reference this news. Very impressive.

This is another example of the “Interestingness” concept Tim O’Reilly and Bradley Horowitz have written about this week.

You can get access to the recommendations module by clicking on the small promotional link in the “Inside My Yahoo!” module that comes as a default when you sign up for an account. The reason we’re not making more noise about this pilot is because we’re in test mode to see if it works and if people like it. Plus, it feels like the kind of feature you just expect from a personalized start page anyhow.