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What are the Economics of Internet Business?


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I’ve been in the Internet business for many years now. Some of what I’ve done has been very successful. Some of it has been – not so much so. I’d like to think I’ve managed to do fairly well for myself, though. Chris B. emailed me recently, commending me on the things I’ve been able to accomplish. He is working on a paper for his Economics class, and wanted to approach his from a different angle than other students – that of the Internet business. He asked me to answer some questions to help him with his research, and I was more than happy to oblige!

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RIP: Microsoft Encarta

Looks as though Microsoft is killing Encarta (both the Web site and disc series). Over the years, I can count on one hand how many times I used the service – despite having owned several editions (and, certainly, being online since its inception). Luckily, I think I received those DVDs as gifts, so I was never out anything. I’m sure Wikipedia marginalized Encarta, much like Google Maps marginalized Microsoft Streets & Trips (on my desktop, at least).

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The Answer to Life, the Universe, and Everything

There are times when you need to ask someone a question:

  1. When the question is personal in nature.
  2. When only one person knows the answer.
  3. When the answer is trivial.
  4. When the answer is temporal.

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Is the Future of Science Research Open?

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What was the last magazine you read? Every once in awhile, a magazine floats through my house with an article that catches my attention. The May, 2008 issue of Scientific American has on the cover “Science 2.0: The Risks and Rewards of Web-Based Research”. Whoa… I thought that maybe this would be an interesting article, but I wasn’t sure how it would turn out. I wasn’t sure if Scientists are embracing the Collaborative Web, or if they’re pushing it away. One quote in the article said: “Although Wiki’s are gaining, Scientists have been strikingly slow to embrace one of the most popular Web 2.0 applications: Weblogging (Blogging)”.

The four key concepts of the article are:

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The Truth about Wikipedia Credit

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Imagine my surprise when a few friends of mine from the Netherlands emailed to let me know that I was featured in a video about Wikipedia! There was a link in the beginning of their video to a video I had done about Wikipedia, discussing how we can use them as a source to find out truth and information. I’ve often talked about Wikipedia in the past, listing it as a resource that should always be fact-checked. However, it’s the future of information distribution. I feel it falls short in some areas, yes. However, it’s strength far outweighs their weaknesses.

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Have you Ever Heard of Google?

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James writes: “Recently doing a project for school, I have decided to compose a Top 5 List of ways to find information. I feel that these may help anyone who’s looking for information, and the community at large.”

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What is Wikipedia?

http://live.pirillo.com/ – Back in ancient times there was a thing called an "encyclopedia" – it was a disgusting piece of technology that used tree pulp and ink to store information. The so-called "paper" was bound in volumes – about 26 or 27 of them – which contained information on every word, noun, and proper noun known to exist at that time.

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Meeting the Microsoft Research Team Leaders

I’m a sucker for new technology (hardware, software, services, et al). I was delighted to have been invited to attend Microsoft Research TechFest as a “blogger.”

One thing that strikes those even casually acquainted with Microsoft Research is the immense scope of the work performed by the hundreds of researchers spread among the organization’s five labs worldwide. Whether it be high-level conceptualization about the future of technology or more immediately accessible efforts to improve consumers’ media experiences, there are few aspects of the IT revolution that have not been touched—and advanced—by Microsoft Research computer scientists in the 15 years since the group was formed in 1991.

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Pirillo’s Picks for 04/04/2007

I send my picks to 140,000 subscribers every day – join them by sending an email to picks@lockergnome.com. If you blog and encourage others to subscribe to the list, your site will be placed in the queue to be featured in an upcoming Pirillo’s Picks!

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