During this weeks Lecture, Ted describes the movement between a star shaped network to a distributed one, with the examples of the IBM and Google. What can be understood is that the IBM, a company paid for information processing has been overtaken by the internet, or a distributed network such as google.
With the recent Census scare, many have been pointing their fingers at the IBM. The IBM have been made to make quite a number of huge mistakes over the past years. As a company struggling to reinvent itself and compete with ‘us,’ the products of google it has designed a ‘cognitive computing’ cloud.
Arvind Krishna the president from IBM, recalls on the 5 technological revolutions, and states we need another, hence the cognitive computing. A design they believe will change the way we are processing information. putting them back in the game. Please check it out. Its really interesting stuff. (If you don’t have time fast forward to 8:20 in the above video).
Explored this week is the idea that we as ‘products,’ that are part of a distributed network, are changing the way in which information is processed. Million dollar companies such as the IBM are forced to reinvent their business or otherwise lose their jobs. Pointing out that we have a lot more power online than what many realise. That the value from our labour online, is extremely problematic for companies who have specialised and spent years being paid for processing information, something that we are feeding google for free.
Also had an interesting chat to Ted and Doug regarding how the census site many work with the use of p2p cryptocurrencies: