Hi James,
Thank you for the insightful comment, which pretty much is line with what I said (obviously no so clear). The weight I was referring to, and as you confirmed, is achieved through my friend's activities; My point here is that many of my friends will engage into tempting offers, hence push them to me (a simplified example). I did not account for the strangers at all.
Time-decay will be achieved through continuous updates of the "game" status(es), not the comments, something like refreshing the whole news (at least this is how I see this possibility open to use), thus in a sense creating a new one.
As for the "free Internet", I am aware that not all services can be free (and should not be), especially with emerging cloud technologies, but I was referring to achieving an Utopian equalization through real quality versus financial power. I believe that social networks can alleviate this existing dark cloud already spanning across all major media. My fear is that the potential Facebook "news feed" will not reflect some small and medium businesses delivering quality products/services, but those who can invest significant financial resources.
Once again, I appreciate the chance to explain my thoughts better!
Cheers,
Sasha
Facebook EdgeRank from what I can read and see here looks to me as a cool idea that help attract users to Facebook, the algorithms use here tends to save a typical user time and hide unimportant stories and discussions from user’s newsfeed. This algorithm will help filter only relevant stories user wants to see in their newsfeed rather than having lots of newsfeeds that are outdated, uneventful and boring to them. This is a remarkable achievement in social networking as this helps decide what content appears in newsfeed for the user, making social networking a refreshing experience rather than getting bored with old stories that are uneventful. You can now follow content from most companies that deal with your favorite brand or stock market situation as it happens. Get the latest and important news about your favorite brand of products. These are all good news to Facebook users.
The three EdgeRank algorithms use which includes affinity, weight and time decay help user determine what they see from newsfeed. Affinity helps with the frequency of your writing on someone’s Facebook wall and other explicit actions such as clicking, liking, commenting, tagging, sharing and friending to determine the newsfeed that user will see. Affinity will measure actions of both sender and the receiver of the feeds. As for your favorite brand, the downside is that the companies are not able to check their Edgerank score or position, this may not encourage some of these companies to advertise their product on Facebook, because they are not getting feedback about how they are doing with users or customers.
From statistic, users spent so much time looking for latest information on Facebook about their favorite brands or particular newsfeed, but with Edgerank weight, it helps reflect on the type of stories they think user will find most engaging. This ranks comments and sharing higher than “likes” since this requires more actions on the user’s part. This helps filter boring stories and encourage patronage.
The time decay help maintain the freshness of the newsfeed you get, but you may still get old and boring news if you do not logon to your Facebook page account regularly, just like me(smile…). The time decay factor measures the age of your content.
With Edgerank factors in place, as an organization that is ready and willing to embrace this new idea, the important point is that your content has to lead your audience to a purchase point if you want to drive your sales as a company; otherwise your goal of driving up sales using Facebook might be far from reality. Developing leads and prospect for your product, you need a strong call-to-action to persuade people and get them to register or download some content that can give you that edge over your adversaries. With this in mind, your shareholder will be happy with your strategy and you can use this medium to improve your organization earnings. I think organization can take advantage of this social networking idea to promote their product and get more users to get the latest products.
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I'm not sure why, but seeing the "Most Potholes" metric right off made me laugh. Cool info.
I think its a really excellent start. I would be the first to nominate my regular route home as "Pothole Central". Aside from my silly comment you have done a really great job as a basis for continual improvement.
Living in Edmonton got me used to the minefield of potholes and I am getting very skillful at dodging them More info to come on the site …
Disclaimer - I should mention, I'm on the program committee for this!
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