Sunday, June 28, 2009

Digsby - The Best all-in-one Social Media Organizer and Integrator

 image I recently installed DIGSBY on my XP powered machine and completely forgot about it, till today. I got a notification about the recent new release of the software and went ahead to test the various claims that its making.

I was actually surprised and happy to find that the claims were really true and not just blasphemous axioms. Here is all that you can do with it:

  1. Configure GMAIL, Yahoo Mail, Facebook, Twitter, GTalk, YTalk, LinkedIn - all in this single client.
  2. See all the feeds real time from Facebook, Twitter, LinkedIn right on your desktop.
  3. Edit your status on them right from your client.
  4. Set different status for different networks.
  5. See incoming unread mail right there in the client window.
  6. Delete, Archive the mail right from the window.
  7. Send mail right from desktop.
  8. Sweet black theme.
  9. Dockable on right side of your desktop.

The performance is highly satisfactory and I have not encountered any issue since I installed it.

I would say Digsby is THE BEST All-in-one IM Social Media Organiser and Integrator Client available so far

Some of the features that can be incorporated:

  1. Group chat enabling
  2. Mail preview feature/ Mail open feature in a separate window rather than opening the mail box in the browser which it currently does.
  3. Allow comments for facebook feeds right from the window.

P.S.Its beauty lies in the fact that your use of left clicks (and right clicks for the left handers) is reduced tremendously thereby saving your hand and your mouse.

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Monday, June 15, 2009

"Personality Not Included" by Rohit Bhargava

Came accross this book "Personality Not Included" by Rohit Bhargava while searching for SMM (Social Media Marketing)

This is his presentation about the making of the book.

[slideshare id=773629&doc=makingofpersonalitynotincluded-1227226837853151-9]

Did you notice the simplisitic nature of this presentation and yet so powerful it is!!

I personally am looking forward to reading this book soon.
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Saturday, June 13, 2009

Yahoo Big Thinkers Series - Automated Economy and Prediction market



At the 2nd of the lectures in the Yahoo Big Thinker Series, which happened yesterday at the Hotel Leela, Dr. David Pennock talked on how the internet and search engines have developed and are developing to make the economy more automated.
http://bangalore.yahoo.com/bigthinkers/events_09/event_june12_09.html

David is Principal Research Scientist at Yahoo. More about David is here:
http://research.yahoo.com/David_Pennock

What David discussed was about how search engines have evolved from being just word searchers to being auctioneers for what people are searching.

There are people who are willing to sell products, services and information, other people are searching. One of the key areas that David talks about is Continuous Double Auction.

Prediction market utilising CDA was also discussed. weatherbill.com gives insurance to customer against bad weather, and the cost of which is calculated based on the prediction that the customer does. There are levels of severity of prediction that can be chosen from, and the website provides options to calibrate your prediction.

Intrade.com is another success e-commerce that is based on predictions. You trade the predictions about events happening around the world, you can buy and sell them based on what your current take on them is. To know about how it works ->
http://www.intrade.com/jsp/intrade/help/index.jsp?page=howitworks.html



A variety of questions were raised as to would this really work, if someone trades on a prediction like
"Would terrorists attack on ___ time?".
Such kind of predcitions themselves are not worth enough to trade about.

But the amount of intel such a model generates is enormous. Karthikeyan Iyer ( Director, Crafitti Consulting Pvt Ltd, www.crafitti.com ) asked me how would one monetize such kind of a model.

The prediction market is generating info about what is the current mind set of people and whether the prediction that is in hand is on the right lines of not.
Take an example : A hybrid car which generates more power than it
consumes will be ready in an economically viable state by 2015


The amount of response to this prediction gives a rough estimate how many people like this idea. If the P-value is > 50% it means there are fair chances of people buying such a product and companies like Toyota, Honda can basically utilise this intel to know where there target markets are.
Take another example : A Red coloured shampoo which is not harmful,
if eaten accidentally, will be a big hit

Now clearly an example of radically different idea that can be worked upon, especially from the point of view of children. But if the market is not positive about this prediction, this might be because of any of the things -> color, edible nature etc. This is a simple example, but complex predictions can be formulated to make sure that the intel generated is good enough to find out if a particular product is viable or not.

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Point to ponder :

How prediction market concept can be utlized inside organisations to improve productivity of processes as well as employees?



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P.S.:
See the image at the top of the post.
Me and my friend Vishal were discussing about the various interpretations of it when this is what came up:

How big can YOUTH INK?


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Books I am currently reading

These are the books I am currently reading


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Tuesday, June 2, 2009

Six Thinking Hats - Visual Map

Six Thinking Hats

A Visual Map of the Six Thinking Hat framework that I made sometime last month.
This is helpful if you want to quickly find out what are the faces under each of the six hats.