“The Long Tail: Why The Future of Business Is Selling Less of More”

Right before Christmas break, I finished reading Chris Anderson‘s book The Long Tail: Why The Future of Business Is Selling Less of More.  I’d heard about this book from various sources, such as my WiredMagazine subscription, and through related web-searches regarding concepts of non-gaussian distributions from Nassin Nicholas Taleb’s Fooled By Randomness and Benoît Mandelbrot’s The Mis-Behavior of Markets such as power-law distributions.  Suffice to say, this book held up to my expectations, and is still challenging the way I think.

The Long Tail is about how information technologies are transforming many markets, and about the true shape and character of market these technologies reveal.

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Musicovery

About three weeks ago I came across the Musicovery from Digg.com. It’s a website that creates a unique “radio” audio playlist for your listening pleasure. The songs are ranked according to several categories, and are graphically displayed. For example, the default interface provides a 2D picture with a “Dark / Positive” continuum on the horizontal, and a “Calm / Energetic” continuum on the vertical; chick anywhere and a selection of over a dozen songs are selected. There are many subtleties to this visual cues which are best experienced to understand, (some of which I’ve not guessed the meaning of yet).