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How Facebook is preventing Behavior Switches to New Products

Link to article: http://www.businessinsider.com/former-myspace-ceo-and-la-tech-guru-explains-facebooks-brilliant-strategy-to-avoid-disruption-2015-5 Technologies are often able to supplant other technologies by offering services similar to the ones currently in existence, but with unique features, that have never been seen before, or never implemented as smoothly. Once these new technologies get enough initial adopters to cause a significant cascade of changing from the older technologies […]

Literally, How Do the Rich Get Richer?

The Rich Get Richer, or Matthew Effect as it is also known, is a quantification of the notion on accelerating growth proportional to the accumulated advantage.  Robert K. Merton first used the term in relative popularity in 1986 in reference to a biblical verse from the gospel of Matthew. There are lots of examples of […]

Is the 3D Camera Tipping Point Here? Apple, Intel, Google, Microsoft, Sony

Everyone nowadays has heard of 3D cameras, but no one really knows of anyone that uses them. Surprisingly, there is a good chance that soon they will be more common than you think. Industries are becoming more dependent on 3D camera technology because it is proving to be an essential part of computing. Google, Intel, […]

Network Effects of Uber, Airbnb, and Alibaba

Network effects are huge in some of the hottest pre-IPO startups (and Alibaba which IPO-ed earlier this year). According to this article by HBR — https://hbr.org/2014/11/what-airbnb-uber-and-alibaba-have-in-common –, Uber, Airbnb, and Alibaba are all worth their ridiculously high valuations due to them being “Network Orchestrators”, a term referring to companies that create a network of peers in […]

How Slack Became so Popular

Slack has quickly become a very popular group communication app as it used by various organizations from businesses to universities. For example, on Cornell’s campus alone there are Slack groups for fraternities, advisor groups, research teams, and many other organizations. Previously known as Tiny Speck, Slack’s main goal was producing an online game called Glitch. […]

Paris Attacks and Facebook’s Information Cascades

http://www.independent.co.uk/voices/got-a-french-flag-on-your-facebook-profile-picture-congratulations-on-your-corporate-white-supremacy-a6736526.html http://www.usnews.com/opinion/articles/2015/11/16/facebooks-outpouring-of-support-for-paris-leaves-out-the-world-community With the tragic terrorist attacks that just occurred in Paris, it seems unlikely that information cascades on Facebook play any role. However, the two are intimately connected and help explain social media trends as a whole. After news of the devastation wreaked on Paris, the international community, namely leaders of countries and the […]

Space Debris Game Theory

In class, we learned of game theory as a situation with two or more players, where each player has a set of actions to choose from. However, the outcome for each player depends on the collective actions of every player, so each player must also take into consideration what every other player is likely to […]

Misinformation Cascades

The tragic news of the attacks on Paris flooded social media websites this past weekend. For people around the world, social media was an effective way to receive news and updates of the ongoing events. However, as it turns out, a few of the prominent images and details circulating the web associated with the attacks, […]

How Apple Company marketed iPod with Network Effect

Apple Inc. released a portable media-player in October 2001 and named it iPod. iPod’s popularity established the brand’s name in the industry and led to the successes of successive Apple products like iPad and iPhone. However, when iPod first came out, it was not the first hard disk-based portable audio player on the market. So how did Apple […]

Netflix and Networks Effects

Founded in 1997, Netflix has became an Internet giant through its media streaming service. The growth of Netflix obeys the richer get richer phenomenon, which is largely caused by networks effect. The article analyzes Netflix’s success and how it is going continue dominate media streaming, even with strong competitors like Amazon and Time Warner. It is apparent […]

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