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 |
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.