All Posts Tagged Tag: ‘Leaderboard’
Tim O’Reilly has a great post up on O’Reilly Radar, in which he talks about what might be called (although he doesn’t use the term) the “stupidity of crowds.” Using the meltdown in quantitative hedge funds, Facebook apps and Techmeme.com as examples, he talks about how too many people chasing the same idea causes a decline in the value of that idea. As he puts it:
This isn’t a discussion that will necessarily have a neat conclusion – that’s sort of the nature of debate. But A-list bloggers dogpiled on the value, or lack there of, of headlining on TechMeme, and branched out to a more robust discussion about the value of quality (lesser, niche) traffic over the pounding servers get when headlining elsewhere.