@aweigend #CogComm15 London, 2015.10.061 • 1970’s: Building Computers • 1980’s: Connecting Computers • 1990’s: Connecting Pages • 2000’s: Connecting People • 2010’s: Connecting Sensors • 2020’s: ? 2 3 Starting last century: Physical interactions Starting this century: Social interactions Today, in a single day, we are creating more data than mankind did from its beginning through 2000 5 every step you take… every cake you bake… every fake you make… every time you wake… every time you brake… every time you break… every decision you make… 6 Roles Data Play 1. Data for optimization 2. Data as product 3. Data as infrastructure 7 8 google.com/history 15,317 searches 9 Value of Data? Value of Data = Impact on Decisions 10 Data Rules 1. Start with a question, not with the data 2. Focus on decisions and actions, design for feedback 11 Amazon = Data Refinery Goal: Help people make better decisions Data Strategy: Make it trivially easy to Contribute Connect Collaborate 12 13 Mobile • Context: Many sensors Microphone Camera Thermometer GPS Barometer Magnetometer Gyroscope Accelerometer … • Identity: Proxy for person 14 The Journey of Amazon What changed? 15 The Journey of Amazon What changed? • Algorithms Data • • • • AI BI CI DI 16 What changed, what didn’t? Changed Unchanged • Algorithms Data • Ask for forgiveness, not for permission • Customer-centricity • Helping people make better decisions • Recommendations • • • • AI BI CI DI 17 Data Scientist • Data literate • Able to handle large data sets • Understands domain and modeling • Wants to communicate and collaborate • Curious with “can-do” attitude 18 Amazon = Data Refinery Goal: Help people make better decisions Data Strategy: Make it trivially easy to Contribute Connect Collaborate 19 amazon.com amazon.co.uk 20 Amazon: Recommendations 1. Manual (Experts) 2. Implicit (Clicks, Searches) 3. Explicit (Reviews, Lists) 4. Situation (Local, Mobile) 5. Connections (Social graph) 21 An Experiment in Marketing Amazon’s Share the Love Amazon: The C’s of Marketing • Content • Context • Connection • Conversation 23 2000 Markets are Conversations 2014 Conversations are Markets 24 Where are the Conversations? Company Consumers Data sources for marketing a new phone product Segmentation (Demographics, Loyalty) Social Graph (Who called whom?) 1.35% Adoption rate 4.8x 0.28% Segmentation Social Graph Shift in Mindset Non-Social: Audience Social: Connected Individual 28 Fitness Function • Also called the Equation of Business • Expresses your beliefs, mission, values • Needed for the of evaluation of experiments 29 Focus • • • • • • • Audience Associate Basket Country Customer Household Lawyer • • • • • • • Manufacturer Product Register Shelf Store Supplier Truck 30 Focus • • • • • • • Audience Associate Basket Country Customer Household Lawyer • • • • • • • Manufacturer Product Register Shelf Store Supplier Truck 31 Focus • • • • Audience Associate Basket Country Customer = Connected Individual • Household • Lawyer 32 Data Rule #3 1. Start with a question, not with the data 2. Focus on decisions and actions 3. Base your fitness function on metrics that matter to your customers 33 Data Ecosystem Create > Refine Distribute > Consume data.taobao.com 34 New Business Models Share Economy “Access trumps possession” Airbnb,… Uber, … Innovation enabled by data 35 The Essence of Facebook 1. Content creation 2. Content distribution 3. Identity management 36 “On the Internet, nobody knows you’re a dog” 1993 “On the Internet, everybody knows you’re a dog” 2015 Shift in Identity Non-social: Attributes Social: Relationships 39 • Trust is distributed (across the network) • History is traceable (via blockchain) Digital title for your house Digital contracts, signatures… Innovation enabled by data 40 Summary: Data Rules 1. Start with a question, not with the data 2. Focus on decisions and actions 3. Base your fitness function on metrics that matter to your customers 4. Embrace transparency 41 Summary: Commerce 1. E-commerce . 2. Me-commerce . 3. We-c0mmerce . 42 Summary: Commerce 1. E-commerce: Digitize Focus on company and products 2. Me-commerce: Share Focus on customer and attributes 3. We-c0mmerce: Connect Focus on connections between individuals 43 Questions? 1. Do your customers understand the value they get when they give you data? 2. Does your product or service get better over time and with data (or worse)? 44 … 1984 – 1994 – 2004 – 2014 … • How has data (connectivity, cloud, refineries) changed you in the past years? • How will data change you, your community, your business, society in the next few years? 45 Business Individual Government 46 47 Thank you @aweigend +1 650 906-5906 [email protected] Berkeley course: sdr2015.com youtube.com/socialdatarevolution 48 A Brief History of Privacy 1. No Privacy Some inventions (Doors, Chimneys, Cities) 2. Privacy More inventions (Facebook, Google Glass) 3. Illusion of Privacy 49 Framework Good Bad - Expected Unexpected ? ? ? ? 50
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