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more on More Is Not Necessarily Better
From: David Farber <dave () farber net>
Date: Mon, 23 Aug 2004 22:34:36 -0400
Begin forwarded message: From: Gerry Faulhaber <gerry-faulhaber () mchsi com> Date: August 23, 2004 5:18:44 PM EDT To: dave () farber net Subject: Re: [IP] More Is Not Necessarily Better Dave [for IP, if you wish]--The only "pause for thought" this note gives me is: how could such a silly
thing be published in NYT? Of course the world is awash in information;trillions of bits per second is generated, almost all of which is totally
uninteresting. Who cares if my grandmother just clipped her toenails?Information, yes; interesting, no. We have always paid dearly for someone else to assimilate the firehose of experiential information and reduce to what we are interested in: we call them "editors." NYT itself is based on culling the good stuff from the junk and presenting it to us, and we value them for it. All newspapers, magazines, and indeed IP does exactly the same
thing, and we value them for it. Are they "choosing what we see"? Of course they are! That's their job. If they didn't do it well, then competitors would unseat them.Now search engines perform much the same function. They want to present us
with the information we really want, not *all* the information. Google became popular (you will recall) precisely because its results were muchmore relevant to us than the random results (perhaps even the paid results) of Alta Vista, et al. What's the best predictor of what I am interested in? Why, what everyone else is interested in. Call us sheep or lemmings, but this is how it works. Faulting Google for giving us what we want, claiming
they have some insidious hold over us, is just silly. If they weren'tgiving us what we wanted, then Yahoo, MS, or any of a number of competitors would eat their lunch. So far, I haven't seen that happen. If and when it does, then I'll believe Google got it wrong. But until that day, claiming
their power is "disquieting" is just silly. Professor Gerald R. Faulhaber Business and Public Policy Dept. Wharton School, University of Pennsylvania Philadelphia, PA 19104 currently on leave Penn Law School, University of Pennsylvania Philadelphia, PA 19104 ----- Original Message ----- From: "David Farber" <dave () farber net> To: "Ip" <ip () v2 listbox com> Sent: Monday, August 23, 2004 11:24 AM Subject: [IP] More Is Not Necessarily Better Begin forwarded message: From: Bob Rosenberg <bob () bobrosenberg phoenix az us> Date: August 23, 2004 11:07:43 AM EDT To: dave () farber net Subject: NYTimes: More Is Not Necessarily Better Dave For IP. Here's an interesting perspective on internet search engines. It gives one pause for thought. Bob *************** OP-ED CONTRIBUTOR More Is Not Necessarily Better By MATTHEW HINDMAN and KENNETH NEIL CUKIER Google's influence on what users can see and do online reinforces a worrisome trend on the Web. http://www.nytimes.com/2004/08/23/opinion/23hindman.html?th -- Bob Rosenberg "A free society is one where it is safe to be unpopular." --Adlai Stevenson "You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence." — C.A. Beard ***************** More Is Not Necessarily Better By MATTHEW HINDMAN and KENNETH NEIL CUKIER Published: August 23, 2004 Imagine if one company controlled the card catalog of every library in the world. The influence it would have over what people see, read and discuss would be enormous. Now consider online search engines. Few people realize that 95 percent of all Web searches in the United States are handled by two companies, Google and Yahoo, either directly or through other sites that use their technology. In the case of Google, whose shares started to trade publicly last week, the company holds the world's largest index of Web content, at more than four billion pages, and handles more than 200 million searches a day. The influence of search companies in determining what users worldwide can see and do online is breathtaking. As disquieting as this power may be, it masks a deeper problem. While search engines are indispensable for finding information online, the technology on which they are based serves to narrow the field of sites that people see. In this respect, Google's technology reinforces a worrisome feature of the Web: the trend toward consolidation that affects everything from politics to news to commerce. Google's use of links to find content essentially turns the Web into the world's biggest popularity contest - and just as in high school, this can have negative consequences. Google's great innovation in online searching, and the main reason it is so successful, is that its technology analyzes links among Web pages, not just the content within them. Behind Google's complex ranking system is a simple idea: each link to a page should be considered a vote, and the pages with the most votes should be ranked first. This elegant approach uses the distributed intelligence of Web users to determine which content is most relevant. But what is good for Google is not necessarily good for the rest of the Web. The company's technology is so strong that its competitors have adopted a similar approach to organizing online information, which means they now return similar search results. Thus popular sites become ever more popular, while obscure sites recede ever further into the ether. This winner-take-all system is not unique to the Web, but technology seems to encourage it. That would explain the predominance of one or two sites in almost every category of online information, be it eBay for auctions or Amazon for books. When people are given lots of choices, they tend to concentrate their attention on only a few. (Studies show, for example, that the majority of users don't click past the first page or two of results when looking for information online.) Google's business model is based on tapping into the collective intelligence of Internet users, so it was hardly surprising that it would rely on the same approach when it went public. It used an auction to determine its share price, bypassing Wall Street investment banks in favor of prospective investors who were allowed to make their bids online. An argument persists over whether this method was a financial success - the day before it began trading, Google was forced to reduce both the number of shares it offered and their price - but it was undeniably a popular triumph: because of the auction, many more people had the opportunity to buy shares at the initial offer price than if the company had gone public the traditional way. As Google begins its life as a public company, the question is not merely how valuable it will be - it is how powerful it will be. Investors will watch to see whether Google can preserve its dominant position. For the public, however, of greater concern is how it uses its influence over information and, more broadly, what happens when we place so much control in the hands of companies like Google. The $27 billion question - a figure based on the six-year-old company's market valuation after its first day of trading - may be whether another innovation comes along that challenges both Google's market dominance and its methodology. Companies are already trying to "personalize" searches, for example, taking into account who and where a user is. So a search for "French press" will return results about journalism, dry cleaners or coffee, depending on the user's interests. None of this would be very important if the Web weren't so vital. Some of the credit for the Web's vitality, of course, goes to Google itself. And after last week, thousands of investors have a financial interest in Google. Yet when we consider what the company means for the future of the Web, we all have a stake. Matthew Hindman and Kenneth Neil Cukier are fellows at the National Center for Digital Government at the Kennedy School at Harvard. ------------------------------------- You are subscribed as gerry-faulhaber () mchsi com To manage your subscription, go to http://v2.listbox.com/member/?listname=ipArchives at: http://www.interesting-people.org/archives/interesting-people/
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