Saturday, November 26, 2011

Don't Be Evil and New Media vs. New Media


Search Video: 

I found it interesting that Yahoo began as a way for two college students to win a fantasy basketball league and that it just took off from there. Then the battle between Excite and Yahoo began, each trying to one-up each other. Granted, more aspects to the websites were probably created this way, but to hear them admit in the video that they lost sight of what their consumer wanted was intriguing. Mainly because most people do not like to admit when they mess up. I believe that Excite is also probably are kicking themselves now after having a chance of buying Google for only $1 million back when it was first getting started. Google's motto, "Don't Be Evil" made me laugh.

People Power: 
The thing that struck me in this video was how IBM has explored new areas and figures them not worth investing in. In this case, it would be similar to what Napster was. They believed that not enough people would want to download music to heavily invest in this up and coming area. Even though Napster had several implications (copyright infringement), it did help lead the way in the area of music. Though it was possible to see how dated the video was when they were talking about Facebook versus Myspace and which company would continue to grow. New media is also having a huge impact on old media. Blogging is taking the place of journalism while Craigslist is becoming the new place for classifieds.

Overall, it was an interesting video. It made me realize that a lot of websites that we use on a daily basis were created by students who were in college, mostly around Stanford.

No comments: