“Most commentary on social media ignores an obvious truth—that the value of things is largely determined by their rarity. The more people tweet, the less attention people will pay to any individual tweet. The more people “friend” even passing acquaintances, the less meaning such connections have. As communication grows ever easier, the important thing is detecting whispers of useful information in a howling hurricane of noise.”—Economist (via Matthew and wearethedigitalkids)
“What’s important is that what you’re doing matters — to yourself, to the people you love, and to something bigger, whether your community, society, or even humanity… One world-changing accomplishment that knocks the ball out of that park is likely to give you more satisfaction than a lifetime of designer jeans.”—Mastering the Art of Living Meaningfully Well
“Mediocrity isn’t a quest to be pursued — but a derelict deathtrap to be detonated into oblivion… Youth should be spent pursuing your passion — not just slightly, tremulously, haltingly, but unrelentingly, with a vengeance, to the max and then beyond. So dream laughably big — and then take an absurdly huge risk or two. Bet the farm before it’s a ranch, a small town, and an overly comfy place to hang your saddle and your hat. Create something: don’t just be an “employee”, a “manager”, or any other kind of mere mechanic of the present. Be a builder, a creator, an architect of the future.”—Mastering the Art of Living Meaningfully Well
"I like to say that the first generation of e-tailers was really good for nerds. Amazon for me is—I love it—it’s like the biggest warehouse superstore of all time. It’s just awesome, and I love wandering up and down the aisles and it’s like, ‘wow, look at that.’ If I do enough searches I can discover anything.
The new generation of e-tailers are much more appealing to normal people—people who like to go the mall, have fun with their friends and try on clothes and compare clothes, and go home and brag to their roommate what they got on sale, and all the rest of it. A lot of new startups are not only very viable but also growing very fast because they provide a very different experience.”
“Like a forest getting older, our social network usage will continue to diversify. And that’s a good thing. The many overlapping networks will come to occupy personalized niches in the social biome. Some will flourish; many will just survive; others will die. But to the extent that they find their own niches instead of duplicating what others are doing, the individual network and the biome will flourish.”—There Is No Next Facebook: How Multiple Social Networks Will Peacefully Coexist
"The privacy advocates at Electronic Privacy Information Center said [the Department of Homeland Security] is monitoring social networks, blogs and message boards for users saying terms like "human to animal," "collapse," "infection," "outbreak," and "illegal immigrants." If you use these words and phrases, the government might follow you, record your activity, and share information about you with local, state, federal, and foreign governments."
“Of the 10 fastest-growing jobs projected by the U.S. Department of Labor, 9 require math or science training. Engineering and computer-related fields are expected to see the most growth. Three of the top 10 best-paying jobs for women are in tech.”—Forbes Woman Of The Year: Women In Tech
“In the midst of this frenzy for innovation, we may be ignoring a simple psychological reality: While most people claim to love creativity, in reality many fear it and react negatively to those who think outside the box.”—Jessica Stillman, Do You Secretly Fear Creativity? (via incmagazine)
“The world is changing fast — maybe faster than we ever thought. And within five years, science fiction is going to turn into non-fiction. We’ll be able to read each other’s minds, forget all our passwords, and create all our own homes’ energy.”—IBM: Mind reading is less than five years away. For real.
“One downside of the e-social revolution is that if all this ubiquitous interactivity leads people to shape their own opinions more and more based on the opinions of others, then we will be thinning out the “intellectual gene pool” of ideas and diverse thinking, and unintentionally putting ourselves and our culture at immense risk of catastrophic loss, either through miscalculation or simply a stampede of sentiment.”—Social Media And The Loss Of Uncorrelated Wisdom
Facebook also has plenty of money in the bank: $3.5 billion, according to the report. That doesn’t compare with a massive war chest like Apple’s $81.6 billion, but it’s certainly enough to make big acquisitions when necessary. And as Gawker points out, it’s an amount that would make the likes of Yahoo and Adobe jealous.
Gawker’s source also reiterated previous reports about Facebook’s upcoming IPO, in which the company is expected to raise $10 billion at a $100 billion valuation. Basically, expect Facebook’s pocketbook to grow next year, and for some big spend acquisitions to follow.
“For years now, we’ve been searching for a technological cure for the inefficiencies of offline interaction. It would be so convenient, after all, if we didn’t have to travel to conferences or commute to the office or meet up with friends. But those inefficiencies are necessary. We can’t fix them because they aren’t broken.”—Why In-Person Socializing Is A Mandatory To-Do Item | Fast Company
“How can you exceed the customer’s expectations if you have no idea what those expectations are? I was at a Hilton a few weeks ago. They had taken this absurdity to its logical end. There was a huge sign in the lobby that said, “Our goal is to exceed the customer’s expectation.” The best way to start would be to take down that bullshit sign that just reminds me, as a customer, how cosmic the gap is between what businesses say and what they do.”—I Don’t Understand What Anyone Is Saying Anymore - Harvard Business Review
"Facebook’s explosive rate of growth and recent product releases, such as the prominent Newsticker, Top Stories on the newsfeed, and larger photos have all been focused on one goal: encouraging more sharing. As it turns out, it’s precisely this hyper-sharing that is threatening our sense of happiness."
“It’s jolting to see the corporation announce a promotion overtly encouraging people to spy on local stores while turning those businesses into showrooms for Amazon’s profit.”—The American Independent Business Alliance | Amazon Backlash - NYTimes.com
"If you are building social platforms that require more time of users, you will not be successful. And we believe this will sweep away some of the nonsense like Foursquare and [other] of these time-wasting social applications."
"We’re running out of time to be social. With penetration of the social Web hitting 80%-90% in many countries (80% across Europe, 86% in the US, 95% in Poland and — in Urban India — 98%.) U.S. consumers… are already spending more time using social applications online than they do volunteering, praying, phoning, emailing or exercising. They spend only a little less time than on child care, or shopping. This means we’ll spend less time wasting time on social applications, and devote what minutes are left to apps which help us save time, money and effort."