On 6/7/13
10:47 AM, Gannon Dick wrote:
I agree, Andrea, and
would further point out that "how much money" is a
relativistic question. Money has an associated
Time Value.
Money, Light and Linked Data get no Birthday
Party, sadly, which is to say they have no
Birthday. Money tries to cheat by having a Time
Value but no Birthday. Light can not cheat: One
(1) light-year is 364+(2/364) light-days plus 1
light-day (after) every four years. (1/365) is an
approximation to "364 days + 2 halves of the same
measurement". This is not a trivial point.
To paraphrase your question: What is the Banker's
Return on the Time Value of Linked Data ?
Answer: Zero (intellectually honest answer), But
don't tell Bankers, they are ferocious when
provoked..
--Gannon
What about when you apply your formula to the Web?
Basically, is anyone (including Bankers) making money
on the Web?
Funnily enough, I just had a conversation with a
Banker that went something like this, as part of an
identity verification process:
Banker said "based on public records, which of the
following statements about you is true?"
Was the outcome of interaction valuable to the banker?
Was the outcome valuable to me?
In either case, would money be potentially made or
lost as are result of that interaction? It took about
5 minutes :-)
Kingsley
Hi,
Let me get into this thread with a
bit of a provocative statement.
I think the issue is not whether
there is money or not in linked data,
but: how much money is in linked data
?
Lot of money has been injected by
research funds, maybe governments and
maybe even industry.
Is the business generated of less,
more, or just about the same value ?
Another point of view, perhaps more
appropriate, is that Linked-Data is a
bit like building highways. You can
eventually measure the economic
benefit of having them, but (at least
in several countries) it's not
something from which you expect a
return.
ciao,
Andrea
For
some reason, my original post
didn't appear in the mailing
list archives. My apologies
for duplicate posts, if they
show up here.
---------- Forwarded message
----------
From:
Prateek
<jainp...@gmail.com>
Date: Wed, Jun 5, 2013 at 7:16
PM
Subject: Re: There's No Money
in Linked Data
To:
publi...@w3.org,
Semantic Web <
semant...@w3.org>,
a.blu...@semantic-web.at
Hello
All,
I am one of the authors of
the work being discussed.
All the stuff I have seen
till now is about Linked
Data being great and
useful for data
integration within
commercial settings. The
work does not disputes
that. I agree we didn't
use the proper term, and
from the reading of the
work it becomes clear we
didn't complain about this
aspect. The work will be
revised to correct the
terminology and other
feedback from the mailing
list.
The
issue pointed out in the
work is with Linked Open
Data Cloud data sets. This
is getting limited or no
attention in the
discussions. Its like
saying the technology is
awesome, lets not worry so
much about the 'open' data
sets.
In Adrea's blog he is
saying technology is
mature now. That is great.
But these technologies
have been around for a
while now.
The question still
remains, what about the
'open' datasets amassed
till now? The 300+
datasets which everyone
uses in their slides.
In the blog
"Yes, there is a
critical mass of
available LOD sources
(for example UK Ordnance
Survey) and also of
high-quality thesauri
and ontologies (for
example Wolter Kluwer’s
working law thesaurus)
to be reused in
corporate settings"
But they have been around
for about 6 yrs? Why
haven't they been used
till now besides academic
playgrounds or for pure
research? Is it not good
enough to be used? In the
hope it will happen one
day? In your blog there is
a link for use case of
Linked Data. Why don't we
find same thing for Linked
Open Data?
(These
are all questions which I
have pondered about, not a
criticism)
The
response was limited.
Happy to see the
discussion, but I think
the main issue seems to be
getting sidelined.
Regards
Prateek
Note:
The views expressed herein
are my own and do not
necessarily reflect the
views of my co-authors of
the work 'There's No Money
in Linked Data' and my
employer.
- - - - - - - - - - - - - - - -
- - -
--
Regards,
Kingsley Idehen
Founder & CEO
OpenLink Software
Company Web: http://www.openlinksw.com
Personal Weblog: http://www.openlinksw.com/blog/~kidehen
Twitter/Identi.ca handle: @kidehen
Google+ Profile: https://plus.google.com/112399767740508618350/about
LinkedIn Profile: http://www.linkedin.com/in/kidehen