Abdur Chowdhury, Summize.com (formerly at AOL, made decision to release the AOL search data.)
- 3 Questions you must ask yourself before opening your data:
- Why are you opening the data?
- Right answer: You firmly believe that you are helping people/consumers.
- What are you going to do once you open the data?
- Are you ready for the unexpected consequences?
Gerry Campell
- This is sort of a “coming out party” for Reuters.
- We (Reuters) have content and he have to connect with our consumers. They have trouble finding it.
- Reuters is watching what’s happening out there, looking for how it can serve vertical markets: finance, technology, you name it.
Esther Dyson
- You’re 85 years old and on your deathbed. You have 50 million dollars and you have 10,000 friends on Friendster 8.0 … Which is weirder?! You can’t spend all the money and you can’t enjoy that many friendships.
Chris Law, Aggregate Knowledge
- Your social network is a poor proxy for what you’re interested in.
- Your behavior is a good proxy for what you’re interested in.
Sanjiv Das, Morgan Stanley
- Information is so important to us, and gives us so much proprietary advantage. “Open data” is scary to us.
- Data is going to be a commodity. get ready for it. The ORGANIZATION of that data may NOT be a commodity. that’s interesting.
David Cancel, Compete
- 2 million people being monitored
- 250-300K have the toolbar installed
- ISP’s are monitoring and licensing data to compete
Seth: This is granted deep in the EULA of the ISP?
David: Yes, just like its deep in the EULA of a credit card company.
Seth: How much do you pay an ISP?
David: For an ISP with millions of users, a million or so a month. [year?]
Seth: If I’m a comcast user, I’m worth about $.40/month for my entire clickstream
David: Yes. 10-12 folks buying this data, that I know of. (So you’re worth more than $.40!)
Seth: What percentage of us here are having our clickstream sold, would you guess?
David: 10%
Seth: Is the government buying this too?
David: Yes, I’m pretty sure they are.
Dick Costolo, Feedburner
- Opening an API can have unplanned good consequences: Overnight we had a ton of new users from Spain. Someone there had used the Feedburner subscription count (obtained via the API) as part of a reputation/ranking algorithm, so now all the blogs were signing up to raise their stats. Now we probably won’t see a competitor come out of Spain.
Scott Rafer – (formerly of) MyBlogLog
- People got into blogging to make new human connections, and somehow some part of our forebrain mistakes these little pixel collections for human connection.
Seth Goldstein
- Imagine there is information about “Who is influential” … Who does that info belong to? To the people who are influential? To the people who calculated it?
- Alignment — if you pay attention enough, you start to align with someone. I hate how much I am influenced by Fred Wilson, but I pay attention to his stuff, so I am.
Random Quotes and Exchanges
“The best guarantee for attention is living your life as openly as possible, expressing yourself as publicly as possible as early as possible.” – Goldhaber
??? – The Genie [of data collection] is out of the bottle, now its time to ask for the 3 wishes. We’ve gotta think carefully about what those 3 wishes should be.
Chris Law (Aggregate Knowledge): I wish AttentionTrust compliance was widespread…we don’t want to surprise people.
Steve Gilmore: This is bullshit. Have you signed/endorsed the AttentionTrust principles?
Chris Law: No, we’re looking into it.
Delicisous quotations 😉
Please someone has to source the Genie out the bottle quote !!
Noting the last quote you referred to in the exchange between Chris Law & Steve Gilmore, one thing that Gilmore missed is that at this time, Aggregate Knowledge works purely as a service for individual publishers/merchants. The user clickstream info is not being used across sites at this time. Hence, in reading Overstock’s (one of their clients) Privacy Policy, it included the following:
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We may collect navigation and clickstream data
As you browse our web site, we may gather navigational and clickstream data that shows what pages are visited and how long various features are used. This information will not reveal your identity or be linked to you personally. We use this information to complete, analyze and support your purchases from Overstock.com and use of the Overstock.com web site to comply with any requirements of law and to determine the commissions for our Affiliates. This information may be disclosed only to our staff and to third parties involved in the completion of your transaction, the delivery of your order, and the analysis and support of your use of the Overstock.com web site.
—
With that said, I don’t believe that at this time, Aggregate Knowledge (AK) has any further responsibility, as Gilmore tried to imply. Now, at such time that AK wants to begin leveraging the clickstream exhaust across other sites in their network, then perhaps more notice may need to be provided to adhere w/AttentionTrust principles, but not until then.
Full disclosure, while I know the AK folks I’m *not* an investor nor an employee of the company…just like what they’re doing 🙂