News: Economics, Networking, No one blogs

Econo-comics. The economy is in the crapper. The unemployment rate on my facebook friends list is up.

My stocks are down 50%.  I guess the efficient market hypothesis doesn’t take into account that markets can’t price assets when *everyone* in the market is stupid.  Markets are very good at extracting information from the heads of many people when each person know a little bit.  When no one knows anything, then prices aren’t exactly efficient.  In particular, apparently no one was thinking what would happen when the banking sector tanked. All my stocks suddenly had positive correlations to the banking sector.

Meetups. I’ve decided maybe I’ve been approaching meetup half wrong.  I’ve come to the realization that I’m not the show at a meetup and I try not to talk much.   That’s pretty easy because half the time I don’t feel like being talkative anyhow.

But on the website itself, when people are posting comments, messages etc, they aren’t communicating so much with the community as with the organizer.  The organizer is the only one on a meetup group that is always paying attention to the conversation for a group.  So if the meetup market is efficient (and everyone knows that posting a message to the meetup group is likely to be ignored by everyone except the organizer), then messages are mostly for me.  So I’m resolving to try harder to respond to all messages on meetup– the mailing list, rsvp comments, event comments, shout outs, sign ups and profiles.   That is six different human to computer interactions that on the surface don’t look like direct communications to me, but probably are most of the time.

Other Networks. I’ve noticed that just about no one that I know in real life blogs.  However, about 1/5 to 1/3 of the people I know do mini-blogging on facebook. Here is my recommended use for each networking technology:

Podcasts. Fame beyond what you deserve, all strangers, you probably won’t get to know your audience.
Blogs. Less fame than hosting a podcast, but still global fame amongst a dozen strangers, you probably won’t get to know your audience.  Guaranteed that you won’t get to know your audience if you do non-fiction writing, like many technical blogs.
Twitter. Low quality attention for low quality content.  You might get to know your audience, but don’t count on it. Interesting for the numerous proposed uses for such a limited-looking service.
Facebook. The double opt-in nearly guarantees that you probably know everyone on your list in real life.  The status updates and home page stream is 95% crap with 5% interesting gossip.
Match.com and the like.  An inefficient way to meet people once and never see or hear from them again.  Talking to strangers on the metro is the comparable social situation and is free if you were going to commute anyhow.

Craigslist Groups.  50% spam and mis categorized entries, 5% are just reposts of meetup groups, 5% are suspicious groups targeting girls that weren’t in the ‘in group’ in highschool and might be willing to pay $ for the false hopes of joining a club of best friends forever.  15%  are meetup wanna-bes that probably don’t have the technical savy to do the book-keeping to organize a bookclub/motorcycle gang/etc of computer connected strangers. 5% are woman only book clubs.

Mailing lists. All strangers, you probably won’t meet in real life.  For some reason, I just can’t get excited about these conversations anymore and I certainly don’t have the bandwidth to deal with active mailing lists.

Social Book Sites.  Mostly strangers, interestingly these seem like a good place for ‘in real life’ book clubs to organize, but I don’t see it happening.

One thought on “News: Economics, Networking, No one blogs

  1. Hi Matthew,

    Interesting take on things. As for meetings, I’ve feel that all of the sites which you mentioned are viable ways to meet people. I network through as many channels as possible but don’t devote too much time to any one site because who knows where I might meet interesting people.

    Excellent point about real life people blogging. I’ve had the same experience.

    Thanks for sharing your insight.

    Ryan