Long Tail&Power Law

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    Long Tail&Power Law - Presentation Transcript

    1. MIS 373 – Social Networking The Long Tail & The Power Law MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    2. Power Law Distributions
      • Occur in socio-technical systems
      • Very different from bell curve distributions
      • Examples include traffic to internet sites, weblog readership, page views, content downloads, etc.
      MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    3. Weblogs arranged by #of inbound links. MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    4. All mailing lists in the Yahoo Groups Television (ranked by number of subscribers) MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    5. LiveJournal users ranked by number of friends listed. MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    6. Dynamics of Social Systems
      • When many people express their preferences among many options inequalities arise
      • Most elements are below average
      • As the number of option rises, the curve becomes more extreme
      • People are affected by others
      • Any tendency towards agreement in diverse and free systems creates power law distributions
      MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    7. Is this Inequality Fair?
      • What is the cost of failure?
      • Are there talented people who don’t get the traffic they deserve?
      • Are new users more likely to go to top sites or to niche places?
      • Will the gap between the most and least popular increase or decrease?
      MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    8. But is Small Necessarily Bad?
      • When most creators/contributors get below average traffic, audience size cannot be the only metric of success
      • Publishing a self-made video and having only twenty random people watch is disappointing
      • But publishing a video of Lola’s first birthday and getting comments from twenty of your best friends and family feels great
      • The larger you get the more you resemble big media because you can no longer hold personal conversations
      MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    9. The Long Tail vs. The Fat Middle
      • Traditional stores
        • Focus on mainstream needs
        • Target the average customer
        • E.g., Blockbuster
      • E-Tailers
        • Can focus on niche markets
        • E.g., Netflix
      Information Systems Today: Managing in the Digital World 5-
    10. Everything has an Audience MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    11. The Long Tail: Stocking Up MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    12. Making Money from Everything MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    13. LT: Information Sharpens Taste MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill
    14. Net Neutrality
      • Data sent over the Internet is handled in a neutral manner
      • All traffic treated the same way
      • ISPs and telephone companies argue for prioritization
        • Traditional Internet traffic suffers due to high bandwidth applications (esp video content)
        • Should YouTube have to pay for bandwidth use or get deprioritized?
        • Multi-tier Broadband consumer plans?
      MIS 373 - Social Networking, SP09, Cho, Lang, McCaskill

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