Saturday, May 30. 2009Predicting Media Winners - Britain's Got Talent (#bgt)Hubdub prediction over time of Britain's Got talent outcome - winner was only 6% probability Seven weeks ago Susan Boyle exploded into world consciousness with an unliley and amazing performance in the early rounds of Britain's Got Talent. Tonight was the final, where she was up against 9 other acts that had also come through the process. For the record, the results were: 1st: Diversity (dance act) I was quite interested to see how various types of prediction of the winner may work. I looked at Prediction Markets, Twitter, and the Delphi Technique. Prediction Market The diagram above show how wrong the Hubdub prediction market was. At close, Susan Boyle was at 78%, Diversity was 6%, another singer was at 6% and Julian Smith a lowly 1%. As you can see it precited many others ahead of Julian. I looked at two potential sources - Trending, and my own Twitterstream.
Neither registered Julian Smith in any significant way. Delphi Technique The Delphi technique involves gathering a diverse group of experts to cover a subject. It differs from crowdsourcing in that its a small (ie non statistically relevant) group rather than a mass. I used my family in this test, and the support was:
When asked about Susan Boyle, the view was "she'll probably win, but this is who we like". Results Delphi technique was the most accurate (assuming we adjusted for the opinions on Susan Boyle as everyone's 2nd vote), which is a fascinating result. Prediction market did the worst, which is equally fascinating. I'd have predicted the reverse would have been true. Neither the Twitter Trending nor my Followed stream saw Julian Smith at all - hypothesis is that the people he would appeal to are by and large not yet on Twitter - ie my family group is probably a better representative sample of the overall market than Twitter is today. Another reason to beware of Twitter buzz (see my earlier discussion of this over here). (By the way, the post event Twitterstream is broadly in agreement with the outcome, as opposed to last night's furious reaction to the outcome) What is it with Facebook and Breasts?
Another day, another Facebook "Boob with boobs" story - this time about Breast Cancer:
This follows the furore over Facebook banning pictures of mothers feeding babies with bared boobs, as they were considered not safe and secure for all users, including children. But anyone who has been on Facebook will know that bare breasts are not hard to find.... as the article notes, there are a lot of breasts in more compromising positions. So in Facebookland it seems that the only allowed boobs are on women who are fit and f*cking. Still, what do you expect of a service started up by college students? But as well as the tittering, there is a bigger point here, in that the users in both cases have decided what they believe is the correct treatment, and have forced the network to change policy this time by protest. And kudos to Facebook for reacting this time. Now, how about doing the right things by the lactating mothers? Friday, May 29. 2009Was "Britain's Got Talent" (#bgt) Hollie Steele result a Fix tonight - Twitter thinks so....
The background - on Britain's Got Talent tonight (thats the show that the very viral Susan Boyle is in, final is tomorrow night) a little girl (Hollie Steele) sings, breaks down onstage and is then given another go (not a thing given to any other performers, I add). At the end of the show, the format is that the highest public voted act goes straight through to the Final, but the next two most popular get to have the 3 judges decide which one of them goes through. She comes joint second with a guy who can sing both voices in "Barcelona".
The 3 judges put the little girl through, and they admit its largely as a sympathy vote, over the other act. The little girls's bravery makes the nightly news in a sympathetic light. So far so good. However, the Twitterstream, which has been following Britains Got Talent (#bgt) in big numbers, goes apoplectic at this point - the general feeling (running at about 50:1 as best I can gauge* ) is that this is a fix (thats a polite term), so this result is definitely not a reflection of the public's - or at least the Twittering public's - view. (Just look at the #bgt stream from about 22.20 for the next 20 minutes - Update: nay, 4 hours - or so) In the past you would never have seen this feedback, now its very visible in both numbers and points of view, in real time. This is very interesting, I await to see what happens next - this is a precursor of what I think will be a very disruptive trend, when the realtime response is massively different to the (stage managed?) "user generated choice" shows' results - and then other shows. * I had another look the next morning, there has been a rise in the defenders but the vast majority - and we are talking thousands of twts here now - felt that either (i) no second chance as its unfair and/or (ii) sing, but don't go through. What is interesting is that - so far - none of this has been picked up in the "official" media despite protests on any comment site going - Facebook groups, BBC and Newspaper online readers pages, the YouTube clips etc. I wonder if this is another reason why Mainstream Media is failing - it genuinely is not reflecting what people actually think, but runs to an agenda from someplace else? Deloitte Study on use of Social Media![]() Deloitte Survey of Social media Usage Seen on eMarketer - graph above speaks for itself. My take is most of the stuff is low cost, low (perceived) risk rather than high ROI so clearly its small beer bets right now. Interestingly, another chart on the page shows that nearly three-quarters of employees agreed that it’s easy to damage a company’s reputation on social media, including 24% who strongly agreed. (Hat tip Abigail Harrison for link) Update - have a look at Deirdre Molloy's data in the comment section. An Early Impression of Google Wave
Google Wave is a combination of email, IM and a Wikis with the obligatory "open API" (which is still Google's). It is according to its creators "“what email would be if it were invented today.”
Actually, email is what email should be today - it has evolved organically over 15 years and is amazingly robust considering the thrashing it gets daily. The problem with email is that it is too heavily used and good for its own good. We had a look at Wave today, but as yet there is not a lot one can get ones teeth into yet - our take so far is that the main questions are around: (i) It's an attempt at being a "unified communication" system but we're not sure of the functionality that has been unified. The problem with these systems is that users need a metaphor e.g. emails like a letter, twitter is like SMS and in its turn SMS was a bit like a telegram. Most of the reviews are of course gushing, which is odd as there is so little there to play with, but hey. We found this grumpy one though
Update - actually, GigaOm has also been a bit grumpy The risk of reading realtime Twitter buzz too closely
There is an interesting article on Techcrunch on this subject today, and it tallies with what our own realtime search engine tells us when we point it at Twitter in an unmediated way. Techcrunch:
And no sooner does this become useful than it is gamed to uselessness. You can't go to a conference today without someone giving you a hashtag and asking you to Twt to the rafters about it. And as techCrunch notes, now digg like viral posse's are taking it to new lengths:
There is something else as well, which we found when we pointed our own realtine search engine at twitter in unmediated mode (ie not looking for any one thing, just counting the occurrences of things). We found, for example, that those top trending topics are not actually the biggest topics on Twitter at the moment, they are just ones growing fastest. There are some topics that nare much more perennial, with bigger traffic, but their rise and fall (from a higher base) is far less spectacular. For example, today Twitter says the top trending topics are:
But our system tells us that the following topics, for example are getting more twts: #yay Followfriday is a friday thing, so we suspect its been moderated out of the Trending area. Identica is a big traffic driver on any day you care to look at, as is Swineflu at the moment, and as for Yay - well its just big and random. Our system also tells us that Wikipedia is a bigger story right now than any sex, lies or talent videos. Now it could also be that we are measuring over different timespans, or counting different things (metrics veterans will know how easy this is...), but what it shows is the Twitter Trend-O-Scope can be focussed in different ways, and will then give different answers.
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Thursday, May 28. 2009When Social Media meets the New Age
There is a fascinating little vignette of Social Media's bite going on right now on the Grauniad. The Ethical Blog section put up a Q&A session for Neals Yard, a right-on Covent Garden Homeopathy store, and asked for questions about remedies.
No doubt they were expecting the sort of questions that gentle New Age souls ask when they come into the store about what product to buy, how best to heal this or that etc. What they have got is 5 pages (and counting) worth of Real Life scientists and skeptics asking hard technical questions about documented evidence for Homepathic remedies, how the science works etc etc. I must say I have been encouraged by this - my view for a long time is that Social Media has risked being too much a creature of the New New Age tendency, but this shows that as a system it has grown up. Here are some choice quotes:
Haters all Apparently Neal's Yard have yet to to reply to the flood of questions, which is of course leading to more commentary. A very interesting lesson here about the Social Mediation of tigers, tails and tall tales. (Disclosure on my position - as a trained scientist myself, I know that diluting something by 10 to the power of 30 or higher means there is no chemical effect, so the technical thesis of Homepathy is laughable. Also, I know as a chronic sufferer of Man-Flu that that at its worst, when I seek the inevitable remedy of tea (large doses) and sympathy (homeopathic size doses But I also know as a lay observer that giving people a bit of hope and attention can have amazing impacts - the "placebo effect" as its known. Thus to me, Homeopathy is "mostly harmless" as its a way of entertaining the patient as nature heals them. Where it gets harmful is when people start to use it in situations that can kill and where we know placebo effects can't help. Neals Yard tried to bring out a Homeopathic Malaria cure for example, and thats a step too far) Update - Grauniad has bottled it and closed commenting at 215 comments over c 24 hours Update II - Neal's Yard has decided not to answer. Risky strategy in a digital world. Good comment from PR veteran Mark Borkowsky: Brands have to deliver on their brand promise – if you say you're the greenest company, you'll get challenged eventually. In the past people challenged companies via word of mouth, letters pages and radio phone-ins. Now technology enables the public to transmit word of mouth in a lethal way, which means brands have to at least be having a dialogue with punters to say they're looking into issues. You cannot crawl under a stone and hope for business as usual. Digital means business as unusual. Business as unusual - Like that..... Online Video has its own Cuban crisis?Transition from Old to New Media - Piracy as the creative destroyer Speaking at the D7 Conference, Mark Cuban says that despite the growth of YouTube, the Internet video market over the last decade has actually been a disappointment. CNET: The problem, he said, is that when Google bought YouTube it focused on ubiquity rather than making money. The result, he said, is that the market can't really sustain itself. Yes and no. In our Future of Online Video work we use the model in the diagram above to show what is happening. The X axis is time, the Y axis is total market share in financial terms. Internet technology tends to destroy existing value at a faster rate than it creates new value. This is due to 3 main reasons:
Typically teh new media goes for market share first (using its advantages) and only competes on economics later. This is standard and it makes it harder for incumbents to combat new entrants. However, Cuban did point to how some of the incumbents are crossing over - and the structural issues they still face:
But big picture, at the end of the graph you will see what happens time and time again with new media models emerging:
Our models predict that the TV/Movie/Video industry is starting to enter a period of major turmoil now, which will exist for about 2-3 years (depending on wider economic conditions) but in 5 years time a clear New Media industry will have arisen. The music industry and print newspaper industries are further down this curve. What is easy is predicting what will happen, harder is predicting who will be around. As Cuban notes, YouTube, which still relies on massive Google subsidies, will eventually have to pay its way as a business model - but right now it is "crashing" the market. One of the other predictions we make is that incumbents will use all means at their disposal to reshape the market structure - attacks on piracy and low cost bandwidth are already starting. We also predict an attack on Google's market dominance/subsidy of Online Video will occur. Selling Government 2.0 - Some lessons from the past.
This morning I was pointed to an article by Steve Radick on the "20 uses of Social Media in Government 2.0". My initial reaction was that its heart was in the right place, but it was also easy to lampoon if you were a skeptic. To work it also has to appeal to the head - ie to be adopted in the organisational space just appealing to passion is not enough, there has to be a more "rational" rationale.
I've gone through the points one by one to try and add this rationale, or point out what is required. Its not meant to be an attack on the writer, more a "build on work of those who have gone before" sort of thing. Its in the style of scrilbbles in the margin, that one may make. (I'm speaking from the point of view of having more than a few scars from implementing new systems and effecting change over 20 years or so in organisations - Social Media is one of a long line of good ideas with great promise that may still founder) Anyway, on to the 20 points (in italics) and my comments:
In summary, my conclusions are that Social Media needs to "show the beef" now to be taken seriously, and that means: - Articulating the benefits Do this and it will be implemented. Fail at these hurdles and it will be another great idea, that would have been amazing if only those idiots had "got it". So, thats my 20p worth. Comments, Criticisms, Creative suggestions welcome. Big thought though is that Passion is great for recruiting consumers and organisational visionaries , but Prosaic and Practical is what wins in the long run if its implementation and change one wants. Wednesday, May 27. 2009Web 3.0 - another crack at what it is....
...from ReadWriteWeb, 7 points:
- Open data Good list, can't argue with most of it it - point 1 is still mainly a pipe dream and 2 is is probably expandable to "Structured Metadata", but it tallies largely with our observations. I'd also add 3 more to make it a round 10
Oh - and 2010 will be the first "Year of Mobile Web 3.0 ;-)"
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