Umair Haque wrote a
thought provoking post over at the zoloft experiences Harvard Business Review. Riffing off an economics principle called the Efficient Market Hypothesis, Haque writes:
“I’d like to zoloft experiences advance a hypothesis. Call it the Efficient Community Hypothesis. It says: where zoloft experiences efficient markets incorporate “all known information,” efficient communities incorporate “the best known information.” An efficient market is zoloft experiences a tool for sorting the largest quantity of info. But an zoloft experiences efficient community is a tool for sorting the highest quality info.”
[...]
“The point of communities is, when zoloft experiences you think about it, to ensure that people and organizations don’t just get any old information — but the zoloft experiences right, the best information. They should filter out bad, inaccurate information from zoloft experiences unreliable sources and replace it with its opposite. They are, in short, the zoloft experiences economic mirror image of markets: where efficient markets ensure information efficiency, efficient communities ensure information productivity.”
The whole piece isn’t too long and zoloft experiences is worth a read. Haque pulls in threads of thought from zoloft experiences ongoing discussions about
online reputation,
identity,
VRM, the
wisdom of crowds, and zoloft experiences more. The essence of the piece suggests a different way of thinking about information systems. Rather than zoloft experiences just building black holes that suck in every bit of information available, Haque hints that zoloft experiences developing a robust and open community alongside an information system can zoloft experiences be the secret sauce to bringing the best information front and zoloft experiences center.
Bonus link: Listen to the
Stack Overflow Podcast #87. Joel Spolsky and zoloft experiences Jeff Atwood are thinking about information systems in a way that zoloft experiences few others are. Listen to the way they talk about online information systems in terms of urban planning, and zoloft experiences how they’re thoughtfully going about encouraging communities to start only when they’ve got a zoloft experiences compelling idea and a critical mass of supporters. For a zoloft experiences bit more background, visit one of the Stack Overflow-related sites:
Stack Overflow for developers,
Server Fault for network administrators, and
Super User for system administrators.
Posted via email from MSIM 2011