Categories
economics

How Selfish Acts Benefit Everyone

Within any collaborative effort, participants do their part giving so that there might be some kind of benefit reaped out of the collective work of the project. Derek Powazek proposes that perhaps the participants need not even be aware of their contributions in order for a system to form benefitting the perverbial greater good. Read about it in his post, Design for Selfishness.

As I read it, I started to think that as powerful search engines like Google and Yahoo continue to pull the web into one easily accessible medium, a dissection at different levels of the internet can be very revealing. For example, on any given community driven web page the creator may have big plans for the users input of finely crafted content but may or may not be actually offering anything for it. As Powazek points out there has to be a reason for the user to contribute, “If you’re making a product that’s asking users to do something—anything—that is going to add value to your company, ask yourself why anyone would bother.” There are plenty of not so good reasons that get passed off all the time: “Because it’s cool!”, “Because they contribute to Wikipedia/Slashdot/Whatever, and we’re just like that!”, or “Because we enable them to use their voice.”

But he goes on to explain that there are some good answers too:

Because we solve a problem they have. Because we give them something they can’t get anywhere else. Because we enable a kind of communication that’s unlike anything else. Because we make their lives more convenient. Because we give them, or save them, money. Because we enable them to do more with less. Because they told us they wanted to.

The whole scenario reminds me of the concept presented in Richard Dawkins famous book, “The Selfish Gene”. The book’s thesis is that in any living creature the genes that get passed on are the ones whose mutations serve their own implicit interests, not necessarily those of the organism, much less any larger level.

Let me use tagging photos as an example (I know this is the same one Powazek used, but it’s the best one). Within Flickr.com users have the ability to put tags on their photos. This helps them to find their own photos quickly and easily when they search by tag, but it also benefits the flickr community at large because they are able to search everyone’s photos by their tags.

The same is true within the context of the blogosphere as a whole. Here individuals write about specific topics and whatever their motivation the result is we are provided with a vast expanse of searchable content.

Thinking about all the posts and topics I’ve written about, I hope you, the good readers of this site, find something useful here.

Categories
books economics

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

Sumo wrestlers are to teachers as real estate agents are to Ku Klux Klan members — or at least these are a couple of ideas put forth by the book I got for Christmas, Freakonomics. The book makes some startling connections between seemingly incongruent situations comparisons.

Freakonomics Cover

Economist Steven Levitt and journalist/contributor to the New York Times Magazine Stephen Dubner have co-authored this much talked about book from 2005. I’ve been devouring it in my spare time and I’m loving every page. It’s hard to describe exactly what the book is about because the most unifying theme one can identify within it, is that using statistics you can disprove a lot of conventional thinking.

I’m just about finished it, but in the meantime I have also been enjoying some of their other writings, both at the Freakonomics Blog and as guest posters on Google’s Blog. I have to wonder, what would Levitt do if he had access to Google’s information? Seems like there is a whole other book there waiting to be written.

If you enjoyed my previous recommendation of Blink, by Malcolm Gladwell, then I definately think you should check out Freakonomics. Oh, and if you’re interested, the chapter excerpts will give you a little taste as to how sumo wrestlers are similar to school teachers.