Comments on: Digg, the echo chamber and Matthew http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/ ... at the intersection of media, technology, business and the web Wed, 17 Mar 2010 05:58:24 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Cumulative Advantage and OtV at Outside the Valley http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/comment-page-1/#comment-249621 Cumulative Advantage and OtV at Outside the Valley Thu, 19 Apr 2007 19:24:04 +0000 http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/#comment-249621 [...] points to Mathew Ingram’s great synopsis. Apparently the article has already received a lot of [...] [...] points to Mathew Ingram’s great synopsis. Apparently the article has already received a lot of [...]

]]> By: Michael Webster http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/comment-page-1/#comment-249531 Michael Webster Thu, 19 Apr 2007 13:53:36 +0000 http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/#comment-249531 If you re-read the Wisdom of Crowds, you will find a chapter on information cascades. An information cascade destroys the value of the mean answers of crowd. Cascades are responsible for sudden surges in popularity. If you re-read the Wisdom of Crowds, you will find a chapter on information cascades.

An information cascade destroys the value of the mean answers of crowd.

Cascades are responsible for sudden surges in popularity.

]]> By: links for 2007-04-17 « David Black http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/comment-page-1/#comment-248662 links for 2007-04-17 « David Black Tue, 17 Apr 2007 02:35:27 +0000 http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/#comment-248662 [...] Digg, the echo chamber and Matthew » mathewingram.com/work “The results showed clear evidence of cumulative advantage, says one of the authors of the study” (tags: internet economics socialmedia networkexternalities longtail marketing) [...] [...] Digg, the echo chamber and Matthew » mathewingram.com/work “The results showed clear evidence of cumulative advantage, says one of the authors of the study” (tags: internet economics socialmedia networkexternalities longtail marketing) [...]

]]> By: Mike Papageorge http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/comment-page-1/#comment-248517 Mike Papageorge Mon, 16 Apr 2007 15:33:08 +0000 http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/#comment-248517 <em>As Ethan at blackrimglasses.com points out, this is also known as a “power law distribution” and can be seen in all kinds of behaviour, both online and off.</em> <a href="http://www.amazon.com/Deep-Simplicity-Bringing-Order-Complexity/dp/140006256X" rel="nofollow">Here's a good read</a> if you are looking at learning more about how this has been used offline. Pretty fascinating stuff... As Ethan at blackrimglasses.com points out, this is also known as a “power law distribution” and can be seen in all kinds of behaviour, both online and off.

Here’s a good read if you are looking at learning more about how this has been used offline. Pretty fascinating stuff…

]]> By: If success is quantified, the market makes less sense - franticindustries. http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/comment-page-1/#comment-248497 If success is quantified, the market makes less sense - franticindustries. Mon, 16 Apr 2007 13:50:48 +0000 http://www.mathewingram.com/work/2007/04/15/digg-the-echo-chamber-and-matthew/#comment-248497 [...] Matthew Ingram applies the theory to Digg, an obvious example of this theory. Articles that gain in popularity - quantified by diggs on Digg - be it by virtue or by chance, tend to get dugg more by other users. Now, this is not in any way a new theory, but this is the first time I’ve seen it applied to Digg. Here’s an important quote from the NYtimes story: “What our results suggest, however, is that because what people like depends on what they think other people like, what the market “wants” at any point in time can depend very sensitively on its own history: there is no sense in which it simply “reveals” what people wanted all along.”” [...] [...] Matthew Ingram applies the theory to Digg, an obvious example of this theory. Articles that gain in popularity – quantified by diggs on Digg – be it by virtue or by chance, tend to get dugg more by other users. Now, this is not in any way a new theory, but this is the first time I’ve seen it applied to Digg. Here’s an important quote from the NYtimes story: “What our results suggest, however, is that because what people like depends on what they think other people like, what the market “wants” at any point in time can depend very sensitively on its own history: there is no sense in which it simply “reveals” what people wanted all along.”” [...]

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