I’m Back!

Okay so it’s been a while, but I’m back.

I’ve been really swamped with work, homework, my birthday celebrations and if I’m completely honest I’ve had my head partially buried in the sand. So, in order to jump back on the Networked Media bandwagon I thought I’d check out what others have been ranting/thinking/deliberating about.

Nethaniel discusses the 80/20 rule whereby the idea that 20 percent of people – a smaller amount of people – make 80 percent of profits – the majority of the gain. I also found the 80/20 rule interesting in the sense that it unveils a whole new set of principals when it comes to sales. The concept of ‘the store’ is being slowly but surely forced out the door as the Internet has a limitless (okay, that is perhaps a question for another day) capacity for storage, as opposed to a store, which keeps only certain things that are in high demand by the majority. The cumulative total purchases of less popular items bought by the minority online, can now outweigh those purchases of the majority, and all because of the Internet. The graph Nethaniel presents in his most is most helpful in visualising Pareto’s 80/20 theory.

David writes an interesting post about how the media incites fear in people, thus forcing them to believe things are more of a threat than they really are? He offers a different way of viewing ideas of terrorism. I think a lot of people are afraid of thinking this way (it’s easier to stick with the flock), so good on you David for being fearless.

Ashleigh talks about the question of neutrality, and how we might consider things to be neutral until we think about how they are connected to other things. I don’t know about you Ashleigh, but I found this a mind boggling idea, one that is never ending because it seems to me that everything is connected to something else.