Sunday, December 11, 2005

Data Value: Some Thoughts

Something happens when you syndicate outwards. • If you try to optimize prematurely
o so that you capture the value
o and you build the aggregate system too early,

• you limit the network growth.


o And that's why often the actual value is captured by a second party, right, -

§ because you cannot build it into the system at the outset. You have to figure out how to, you know, how it's actually implicit somewhere in the system.

o So the value actually needs to be out of band for the open data system.


I think is maybe the principle that we were trying to get at here. o Somebody discovers later where that implicit way --


o So the value actually needs to be out of band for the open data system


o I think is maybe the principle that we were trying to get at here.




somebody creates -- sets the table for others. they're going to create an environment
• in which the data is going to get out there
• and then others are going to figure out how to do the re-aggregation ……… after the fact.







Data Model and Open Data Structure When data becomes
1. flat,
2. commoditized,
3. freely available,

o then the
value moves to 1. attention, and then ultimately 2. to influence, which I think is a really interesting model.
An open data architecture will be one that is purely an API.

o You'll see architectures emerge that have no destination site,

o they're just APIs into the attention data or content out there,

o and enormous value of some sort will accrue to the developers and creators of that architecture that have made this API generally available as content flows through that API,

o Will be interesting to see what sorts of economics and organizations emerge around that.


o Think that what the implication, the bottom line implication
§ is that an open data architecture will be one that
is purely API based
and not destination based.




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