This article is more than 12 years old

Finding the good stuff

Social media can be overwhelming… And this can make finding the really good stuff really rather difficult. The Schumpeter column in The Economist has an interesting take on this. 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 … Continued
This article is more than 12 years old

Social media can be overwhelming…

And this can make finding the really good stuff really rather difficult. The Schumpeter column in The Economist has an interesting take on this.Wonkhe Bee Hive

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. For speakers, the new world will be expensive. Companies will have to invest in ever more channels to capture the same number of ears. For listeners, it will be baffling. Everyone will need better filters—editors, analysts, middle managers and so on—to help them extract meaning from the blizzard of buzz.

It’s not a wholly original point but it is well made. It’s a challenge for individuals as well as for universities and other organisations. The problem is, I think, the more you fret about it, the worse it seems. Moreover, by the time you have analysed the position, the entire world has moved on. So, don’t worry, just go with it is my lightweight solution to this particular challenge. Hey, it’s Friday.

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