Social Capital and Regular Capital

So….. Facebook’s stock is dropping a bit. Ignoring the major explanations: a bank that didn’t underprice the stock to take piles of money off of a tech company, a big honking tech bubble, etc., there’s something else going on. We all have this basic feeling that Facebook is actually hugely important and hugely valuable. We …

The Favor Economy

This morning, Diane Ragsdale linked a great TED talk from 2005 in her brilliant-as-usual post on institutions supporting artists at her ArtsJournal blog, Jumper. Diane’s post is great, but I want to react mainly to the TED talk. Yes, it’s six years old. That’s why the video’s so SD looking and the speaker, Clay Shirky …

Fantasy Software inspired by the Future of Music Coalition 2011 Policy Summit

It’s still day 1 at the Future of Music Coalition Policy Summit 2011, and I’m sitting in the conference hall as I write this. Talking to Glenn from ReverbNation, and listening to this morning’s panel on ticketing has me thinking about software. Specifically, I’m thinking about how text analytics (machines that can read and understand …