Davos Annual Meeting 2010 - The Growing Influence of Social Networks
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http://www.weforum.org 27.01.2010 Social networks and blogs are now ahead of personal e-mail in terms of online activities and account for almost 10% of time spent on the Internet. How is the gro (More)
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00:00:53 General Brand Myspace
00:03:15 Objects Appliance Computer
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00:05:05 People Occupation CEO
00:05:16 People Occupation CEO
00:05:56 General Brand Twitter
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00:06:11 General Brand Myspace
00:09:15 Places Location Trend
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00:13:32 Places Location Trends
00:14:08 General Brand Youtube
00:14:11 General Brand Myspace
00:14:17 General Brand Myspace
00:15:37 Places Location Sources
00:15:40 Places Location Sources
00:16:27 General Brand Myspace
00:16:35 General Brand Myspace
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00:00:00 00:00:03 I'm Loic Le Meur and I’ll be moderating this plenary session.
00:00:04 00:00:07 And I’ve been asked to wait another two minutes? We can go?
00:00:08 00:00:09 Okay let’s go then. So welcome everyone.
00:00:09 00:00:15 I'm going to have the pleasure to be your moderator today
00:00:15 00:00:17 and we have an amazing group,
00:00:18 00:00:24 social software leaders so if I may ask from Peter who is here.
00:00:24 00:00:28 We have Gina Bianchini from Ning right there,
00:00:29 00:00:32 Gina; George Colony from Forrester Research,
00:00:33 00:00:39 George; Reid Hoffman, LinkedIn; who is the Chairman of the Board
00:00:39 00:00:49 of Trustees of the…; we have Mousa Musa here,
00:00:50 00:00:53 a Global Changemaker from the British Council
00:00:53 00:00:59 and Global Changemaker from Iraq…; Owen Van Natta from MySpace right here;
00:01:00 00:01:06 and Don Tapscott who is the Chairman of nGenera. Welcome.
00:01:06 00:01:11 And so I'm the founder of a company
00:01:11 00:01:14 that’s called Seesmic which covers
00:01:14 00:01:15 most of all the social networks.
00:01:16 00:01:17 So here’s the format of the session.
00:01:18 00:01:23 We will hand every we’ll have the social software leaders
00:01:23 00:01:29 introduce in a few minutes what they think of the three questions
00:01:29 00:01:34 and mostly how are social networks changing society,
00:01:34 00:01:36 so that’s what we’re talking about today.
00:01:37 00:01:40 And we would like to have you all share a few thoughts,
00:01:40 00:01:41 a few minutes, first room-wide
00:01:42 00:01:46 and then we will break into table conversations
00:01:46 00:01:49 so every table will analyze those three questions
00:01:49 00:01:51 so let me give you three questions.
00:01:51 00:01:53 How are social networks changing in society?
00:01:54 00:01:55 First question.
00:01:55 00:01:59 We have a standing up table here.
00:01:59 00:02:02 Yeah, you're a – so if there is another table which is a virtual standing table.
00:02:02 00:02:05 We have to tweet each other.
00:02:05 00:02:06 You can tweet, absolutely.
00:02:07 00:02:10 What are the most important implications and risks of society?
00:02:10 00:02:14 So we also talk about the negative aspects, that’s the second question.
00:02:15 00:02:19 Again what are the most important implications and risks for society?
00:02:20 00:02:23 And the third question is what should individuals
00:02:24 00:02:26 and institutions, what should we do,
00:02:27 00:02:30 to leverage our social networks in the future?
00:02:30 00:02:34 So now is it changing society, what are the most important implications
00:02:34 00:02:37 and the risks and what should we all do,
00:02:37 00:02:41 including institutions, to make sure that we leverage that power to change
00:02:41 00:02:46 and improve the world rather than run the risks that come?
00:02:46 00:02:49 And so we will do that until 9:50, that’s plenty of time,
00:02:50 00:02:56 that’s actually two hours in total, and at 9:50 I will ask every table,
00:02:57 00:03:01 including the standing table too, to report on your conversations.
00:03:01 00:03:06 It can be the discussion leader or you can get anyone at the table,
00:03:06 00:03:09 it doesn’t have to be you read, it can be anyone.
00:03:10 00:03:15 And we will also… with social software session,
00:03:15 00:03:19 we also have plenty of questions on the internet so we have a… computer
00:03:20 00:03:23 which is Davos social and we can see the tweets here,
00:03:23 00:03:24 we’ll have a look at them,…
00:03:25 00:03:29 That’s interesting software you have around here.
00:03:29 00:03:31 Thank you very much.
00:03:32 00:03:33 It’s out of date…
00:03:34 00:03:45 and we will also have Davos questions from YouTube so Steve,
00:03:45 00:03:48 where is Steve, Steve is right there,
00:03:48 00:03:50 he’s going to give us so that we have a video going
00:03:51 00:03:56 running on YouTube which will where we ask people to have questions
00:03:56 00:04:02 and participate also so we’ll have that and probably run… as well.
00:04:02 00:04:07 It can be from any social software post as well.
00:04:07 00:04:09 So that’s the plan for today, first hour on the table,
00:04:10 00:04:16 second on the – on room-wide conversation with people in the internet.
00:04:16 00:04:20 So with that I would like to ask George Colony
00:04:20 00:04:24 if you want to start sharing with us what Forrester has
00:04:25 00:04:28 for us in terms of social software.
00:04:28 00:04:33 I should use the mike, Loic?
00:04:33 00:04:35 Oh by the way, I should have simply said yes,
00:04:35 00:04:41 we are – so we’re live also on the internet so everything is on record,
00:04:41 00:04:43 it’s coming from that little computer here.
00:04:43 00:04:45 Software quality is not the best but it’s live,…
00:04:46 00:04:50 Just to let you know that there are no secrets here for two hours,
00:04:50 00:04:51 everything is live.
00:04:52 00:04:53 What’s the address to tweet?
00:04:53 00:04:58 It’s – I’ll give it to you right now, just go to /Davos…
00:04:59 00:05:03 But we should use a mike, right?
00:05:03 00:05:05 Yes please.
00:05:05 00:05:07 So I'm George Colony, I'm the CEO of Forrester Research.
00:05:08 00:05:14 How’s that? Hear me?
00:05:15 00:05:16 Yeah. Great.
00:05:16 00:05:18 So I'm George Colony, I'm the CEO of Forrester
00:05:19 00:05:21 and I’ve got the boring job of giving you some data
00:05:21 00:05:24 on the social networking world to get it started.
00:05:24 00:05:30 Of the 15 most trafficked sites in the world 7 of them are social sites
00:05:31 00:05:35 and if you wonder why Apple is announcing the iPad…
00:05:35 00:05:42 call it today we now spend between five and six hours per day on media, that is,
00:05:42 00:05:45 the second biggest human activity after sleeping.
00:05:47 00:05:51 So we are – we all understand that we’re very social.
00:05:51 00:05:56 Of the major social sites, these is a measure
00:05:56 00:05:59 of unique visitors: Twitter’s got 25 million
00:06:00 00:06:02 and that’s been flat for about the last six months
00:06:03 00:06:06 so that Twitter came up to a really fast curve
00:06:06 00:06:08 and has been flat; Facebook has 130 million users,
00:06:09 00:06:11 unique visitors per day is again flat
00:06:11 00:06:17 for the last six months; MySpace is 50 to 60 unique visitors per day
00:06:17 00:06:20 and that is down considerably in the last six months;
00:06:21 00:06:24 LinkedIn about 15 million and that is up;
00:06:24 00:06:28 and Ning about six million, that’s down in the last six months.
00:06:31 00:06:33 And that’s all… right?
00:06:33 00:06:36 Yeah, those are not Forrester numbers.
00:06:36 00:06:44 Yeah and actually the… as our two hours progress.
00:06:45 00:06:48 The social networking is far from ubiquitous,
00:06:49 00:06:53 if you look at the United States, the visit to social networking sites,
00:06:54 00:06:56 at least daily, is only 70% of online users,
00:06:57 00:07:01 so 70% of online users will consult a social site per day
00:07:02 00:07:07 and that’s a sample of about 5000 US online adults.
00:07:07 00:07:14 And a very, very – this is of course very different per age group
00:07:14 00:07:20 so if you look at 18- to 24-year-olds, 27% of them will consult
00:07:20 00:07:25 a social site everyday; 25- to 34-year-olds 24%;
00:07:27 00:07:33 and then 35- to 44-year-olds 18%; 45- to 54-year-olds 12%;
00:07:35 00:07:41 55- to 64-year-olds 9%; and 65 or older is 6%, so a very fast drop off.
00:07:41 00:07:45 We are unable to do surveys on individuals younger
00:07:46 00:07:51 than 18 but we believe that in fact that number is almost doubled
00:07:51 00:07:53 for the young adult under 18. Yeah, Mike?
00:07:54 00:07:55 Does that include mobile for no?
00:07:55 00:07:58 I’ll repeat the question, does that include mobile or not?
00:07:58 00:08:06 It does. and then my last bit of data which is Europeans reading blogs,
00:08:06 00:08:14 this is online Europeans, 54% will frequently consult a blog in Europe;
00:08:14 00:08:19 46% no, and at least daily is only 12% in Europe,
00:08:19 00:08:21 so the number is smaller than the US.
00:08:24 00:08:28 And my last, last bit data is this is customer interaction
00:08:28 00:08:32 with retailers via social blogs, we’re talking about Best Buy,
00:08:33 00:08:40 the number of online consumers consulting a corporate blog is only 1%,
00:08:40 00:08:43 the trust level for the blogs is actually quite low.
00:08:43 00:08:48 However the number of online consumers becoming a fan
00:08:48 00:08:51 or following is approximately 8%.
00:08:52 00:08:54 So a lot more followers of corporate
00:08:55 00:09:00 than there are individuals consulting the blogs of corporations.
00:09:01 00:09:06 So that’s my data to get it started, I will say one thing before I sit down
00:09:06 00:09:10 and that is that we believe that one of the most important aspects of social,
00:09:11 00:09:13 when it comes to corporations, Forrester is in the business
00:09:13 00:09:15 of primarily studying how large corporations
00:09:15 00:09:17 are affected by these trends, we believe that a major trend
00:09:17 00:09:23 will be called social stigma, so you all know what’s social stigma,
00:09:24 00:09:25 which is the idea of the corporations
00:09:26 00:09:29 will use social primarily to improve their products.
00:09:30 00:09:33 Sick stigma is the gradual improvement or process to improve products.
00:09:33 00:09:37 We believe that social will be used by corporations to get feedback
00:09:37 00:09:40 from their customers to improve the price, we call that social stigma.
00:09:41 00:09:42 So that’s will get it started.
00:09:43 00:09:44 Very good. -Any questions?
00:09:45 00:09:49 Any criticism? - I don’t want any of that.
00:09:50 00:09:52 Okay, that’s it. - Okay, thank you.
00:09:52 00:09:53 All right. Thank you very much George.
00:09:53 00:09:56 We’re glad to have those numbers.
00:09:57 00:09:59 Reid Hoffman, founder of LinkedIn,
00:09:59 00:10:03 will now share with us his thoughts about the social networks
00:10:03 00:10:04 and changing society.
00:10:04 00:10:07 I think the principal goal here is to set up few…
00:10:08 00:10:13 in the conversation we’re having per table and then to the room
00:10:13 00:10:17 and so as opposed to data, I actually will be kind of closing
00:10:17 00:10:18 some kind of framework pertaining to this
00:10:19 00:10:22 and since you never know what the different level of expertise is,
00:10:22 00:10:25 some of you might… but my apologies.
00:10:25 00:10:32 So part of what's going on in terms of the whole – the social networking
00:10:32 00:10:37 phenomena as part of what is frequently referred to as the Web 2.0 trend.
00:10:38 00:10:40 The weird thing about Web 2.0 is what happens when every person
00:10:41 00:10:46 has an identity online and is a participant either in terms
00:10:46 00:10:51 of sharing or publishing and what are the applications that come out of that.
00:10:52 00:10:54 There's a variety of applications, at least three different areas,
00:10:54 00:10:59 that are particularly interesting, kind of social, media, and professional.
00:10:59 00:11:03 Social is things like when they're all sharing photographs
00:11:03 00:11:08 or other things with a small group of people, usually friends, family,
00:11:08 00:11:12 some kind of trust group; media is publishing
00:11:13 00:11:15 to the world where essentially every one is
00:11:16 00:11:19 for instance everyone’s a journalist, everyone’s a magazine
00:11:19 00:11:25 and those sorts of things as a way of establishing kind of a global channel;
00:11:25 00:11:28 and then professional is finding expertise
00:11:28 00:11:30 and information to solve professional tasks.
00:11:31 00:11:37 And what the themes are that the folks generally
00:11:37 00:11:43 in social sites talk about is how do you get kind of robust connections
00:11:43 00:11:48 between people, how do you get transparency of information
00:11:48 00:11:53 and the people in order to be able to solve these kinds of applications,
00:11:53 00:11:57 whether it’s sharing or gaming or finding channels of expertise,
00:11:58 00:12:02 and then how do you facilitate that in a way that essentially causes
00:12:03 00:12:06 the entire system to do much more informationally efficient.
00:12:07 00:12:10 And it’s the ability for everyone to be expressing identity
00:12:11 00:12:14 and to be publishing that allows for a very robust
00:12:14 00:12:17 and rich information source to be generated.
00:12:17 00:12:21 And what you use on these friends’ lists or following lists or other kinds
00:12:21 00:12:24 of things is a way of configuring your own particular
00:12:24 00:12:27 part of the space because obviously when you have millions
00:12:27 00:12:29 or hundreds of millions of people participating in publishing,
00:12:29 00:12:32 even if you wanted to try to read everything,
00:12:32 00:12:35 you wouldn’t manage to do it.
00:12:35 00:12:39 And so when you think about these questions in terms
00:12:39 00:12:42 of whether the implications I’ll say a few things
00:12:43 00:12:44 they’ve been saying over the years
00:12:45 00:12:48 because I think it might be particularly useful for this audience,
00:12:49 00:12:52 I actually don’t think there's much in the way of risks.
00:12:52 00:12:58 One of the things I said a couple of years ago in a magazine conference
00:12:58 00:13:01 was that all the concerns about privacy,
00:13:01 00:13:06 this is my guess, she asked me about this a couple of weeks ago,
00:13:07 00:13:08 all these concerns about privacy tend to be all people issues.
00:13:09 00:13:11 If you actually look at most young people using Facebook, etc,
00:13:11 00:13:15 they put their cellphones on the profile, and it may be a little less these days,
00:13:15 00:13:21 but really where that more substantially is a question of the value
00:13:22 00:13:24 of being connected and transparent is so high
00:13:24 00:13:28 that the road bumps of kind of privacy issues
00:13:28 00:13:32 are much lower in actual experience than people see it
00:13:32 00:13:34 and that’s the reason why it kind of trends that way.
00:13:35 00:13:38 And so when we consider these questions, the thing we should think about
00:13:38 00:13:41 is how do you use the fact that everyone’s present information
00:13:41 00:13:44 and transparency and how do you get a lot of benefit out of that
00:13:45 00:13:48 with essentially diminished risk, I think that would be a good frame
00:13:48 00:13:50 and with that I’ll sit down and pass the mike.
00:13:51 00:13:52 All right. Thank you, Reid.
00:13:53 00:13:58 And so you can see also a few cameras on the tables, these are not to be taken,
00:13:59 00:14:04 these are to be used later on so that we can record your thoughts
00:14:05 00:14:08 on the second part of the session and then tweet them
00:14:08 00:14:11 and upload them on YouTube.
00:14:11 00:14:13 Owen from MySpace, Owen Van Natta,
00:14:13 00:14:16 maybe – I think you have a few idas to share with us especially
00:14:17 00:14:18 under MySpace perspective.
00:14:19 00:14:23 Sure. Thank you.
00:14:24 00:14:27 I generally agree with a lot of the way that Reid
00:14:27 00:14:31 has framed up what's happening in the social web
00:14:32 00:14:39 and my viewpoint is that the web is increasingly becoming social,
00:14:40 00:14:43 meaning that we’re going to experience all the things
00:14:44 00:14:46 that we do on the internet with other people,
00:14:46 00:14:51 this is very much like what exists in the real world today,
00:14:51 00:14:55 we want to go and experience communications,
00:14:56 00:14:58 media, content with other people.
00:14:59 00:15:02 The impact of this is essentially having on society
00:15:03 00:15:05 and then trying to frame this up for discussion,
00:15:06 00:15:09 if you think about how the social web has evolved
00:15:09 00:15:13 and of the elements that Reid talked about in terms of identity
00:15:13 00:15:16 and ability for people to publish and communicate
00:15:16 00:15:19 and have that all be part of the fabric of your web experience
00:15:20 00:15:25 as opposed to an experience where you're consuming content
00:15:25 00:15:27 and doing communications in two separate actions.
00:15:28 00:15:32 Really what I think what that is doing is causing us
00:15:32 00:15:37 to more efficiently be able to consume media through other people
00:15:37 00:15:40 as opposed to just through a limited number of sources,
00:15:40 00:15:43 whether it’s portals or other new sources.
00:15:44 00:15:46 I think the impact that this is starting to have on media
00:15:47 00:15:49 and you think about some of the metrics
00:15:49 00:15:52 that George shared with us is that we’re finding increasingly
00:15:52 00:15:55 that distribution of content is happening much more
00:15:55 00:16:02 through people as opposed to through these destinations or portals.
00:16:02 00:16:07 And the implication on society is interesting in that I'm now able
00:16:08 00:16:12 to engage in my media consumption, in my content consumption
00:16:12 00:16:15 with other people that I never was able to before,
00:16:15 00:16:19 much like the internet connected me to people that I was never connected
00:16:20 00:16:24 to in the real world before the internet was available
00:16:25 00:16:27 and email was so prevalent.
00:16:27 00:16:31 And the way that we are thinking about this at MySpace
00:16:32 00:16:34 and how it is that we’re looking to serve the users
00:16:35 00:16:38 of MySpace in regard to this is we see a huge amount of activity
00:16:38 00:16:46 around key areas of content consumption like music, entertainment, film and TV,
00:16:46 00:16:51 games, all of these areas are starting to explode in terms of usage
00:16:51 00:16:54 and growth because you can have such a richer experience
00:16:54 00:16:58 when you're able to experience these things with other people
00:16:58 00:17:03 than you were before the social web started to evolve
00:17:03 00:17:05 and it was much less of a social experience.
00:17:06 00:17:10 We think it really maps directly to the way the real world works
00:17:10 00:17:13 which is I go to rock concerts and I want to experience
00:17:13 00:17:17 that with other people who have similar tastes in that type of music,
00:17:17 00:17:19 in that band.
00:17:19 00:17:22 I go to theaters to experience that content,
00:17:22 00:17:25 to consume that media with other people.
00:17:25 00:17:28 And I think that the social web is finally evolving
00:17:29 00:17:31 to the point where I'm able to do that in a massive way online
00:17:31 00:17:33 and do it like we can with the internet
00:17:34 00:17:37 without the geographic barriers that exist in the real world.
00:17:37 00:17:39 And I think that’s going to continue
00:17:39 00:17:42 and if you look at just the growth of the social web overall,
00:17:42 00:17:46 I think it will permeate every single area of what we do on the internet
00:17:46 00:17:48 and even unlock new areas as well.
00:17:48 00:17:53 And I also to echo Reid’s thoughts in terms of impact on society,
00:17:53 00:17:56 I think it has a very positive impact on society
00:17:56 00:17:59 and I don’t think there's a huge amount of downside
00:17:59 00:18:02 and it’s always going to be things that need to be managed
00:18:03 00:18:05 in terms of controls in privacy and security
00:18:05 00:18:08 and how it is that we think about that and giving people controls.
00:18:09 00:18:11 But the beautiful thing about technology
00:18:11 00:18:13 and the internet is that we can build those things
00:18:13 00:18:15 and we can extend them to people very easily
00:18:16 00:18:19 and maybe even more importantly we can continually evolve those things
00:18:20 00:18:22 in a way that evolve with the needs of society, with the needs of people
00:18:23 00:18:26 and enable this movement to continue at.
00:18:26 00:18:29 So those are my thoughts and I think this is going to be a very,
00:18:29 00:18:30 very interesting conversation.
00:18:31 00:18:32 Thank you very much Owen.
00:18:33 00:18:36 In the meantime since we started talking I have the pleasure
00:18:37 00:18:41 to announce that we have Randi Zuckerberg of Facebook right here
00:18:41 00:18:45 with us who just arrived so Randi will share a few thoughts
00:18:45 00:18:47 with us a little later and just sit yourself.
00:18:48 00:18:49 I just wanted to introduce you.
00:18:50 00:18:52 And also for everyone watching us on the internet,
00:18:52 00:18:58 quite a few people tagged Davos social will be used to gather
00:18:58 00:19:01 what the virtual room is saying.
00:19:01 00:19:04 And with that I would like to have Gina Bianchini of Ning
00:19:04 00:19:06 to share a few thoughts with us.
00:19:11 00:19:14 Hi, my name is Gina Bianchini and I run a company called Ning
00:19:14 00:19:17 which is a social platform that gives people the opportunity
00:19:18 00:19:21 to create unique social experiences for specific topics,
00:19:21 00:19:23 interests, and passions.
00:19:24 00:19:32 I think the most amazing thing about 2009 is that outside of Silicon Valley
00:19:32 00:19:37 social technologies went mainstream and they went mainstream
00:19:37 00:19:40 in the sense that we have all heard of them if we’re
00:19:41 00:19:43 not actually using them in our daily lives.
00:19:43 00:19:46 And specifically I think it’s not Forrester numbers
00:19:47 00:19:50 but I think the number is something like from the beginning of 2009
00:19:50 00:19:56 to the end people spent three times the amount of time
00:19:56 00:19:58 and energy in social technologies
00:19:58 00:20:01 and on social platforms than they had in the prior year.
00:20:02 00:20:04 So where does it go from here?
00:20:05 00:20:08 The exciting thing from my perspective
00:20:08 00:20:10 is that there actually is an analogy for this.
00:20:11 00:20:16 When you look at 1994, 1995 as people came online for the first time,
00:20:16 00:20:22 in many cases they weren’t coming online to the web, they came online to AOL,
00:20:22 00:20:25 to CompuServe, to Prodigy, they got comfortable
00:20:25 00:20:28 with services that actually provided a pretty narrow
00:20:29 00:20:33 and simple user experience for people to get up and running
00:20:33 00:20:35 and really understanding that particular example
00:20:36 00:20:40 and in that particular case what email was like, what chat meant,
00:20:40 00:20:43 and what the concept of a page was.
00:20:43 00:20:47 What the web actually provided was a way once people got sophisticated
00:20:47 00:20:55 to be able to dive into all the different things that they wanted to on the web,
00:20:55 00:20:58 both from the creative perspective, in terms of people creating things
00:20:58 00:21:01 as well as people consuming things in entirely new ways.
00:21:02 00:21:08 And what we found was that the web-needed behavior of people using the internet
00:21:08 00:21:11 was connecting to other people and we’re seeing this
00:21:11 00:21:16 now 15 to 16 years later fully realized in social technologies.
00:21:17 00:21:21 But I think you can use that map to see where people go,
00:21:21 00:21:27 namely there is no analogue for the type of growth that Facebook
00:21:27 00:21:33 and even Twitter has seen this year and yet it’s sending people into richer,
00:21:33 00:21:35 more immersive experiences and specifically richer
00:21:36 00:21:40 and more immersive social experiences around the things that they care about.
00:21:40 00:21:44 So I think that that is absolutely something
00:21:44 00:21:45 that we’ll see emerge from here.
00:21:46 00:21:51 People now understand “Well I can get and have the kinds of relationships
00:21:51 00:21:55 that I have in the real world with strong ties with people that I already know
00:21:55 00:21:59 in the context of Facebook and I can discover new people
00:22:00 00:22:04 and new ideas on Twitter and this stream of compelling information
00:22:05 00:22:10 and then I can also dive into deeper immersive social experiences
00:22:10 00:22:12 around the things that I care about.”
00:22:12 00:22:15 And I think what's so exciting about this from my perspective
00:22:15 00:22:18 is it’s really one of the first times where technology
00:22:18 00:22:23 is not defining how people act but it’s actually reflecting
00:22:23 00:22:27 how do we actually live our lives in the real world,
00:22:28 00:22:31 where we actually fluidly move between the people that we meet at conferences
00:22:32 00:22:34 and the people that we know from growing up
00:22:34 00:22:40 and the people that we admire from a… or editorial perspective.
00:22:40 00:22:43 And what I think is so cool is that all of these different
00:22:44 00:22:46 social technologies are working together
00:22:46 00:22:48 in the same fluid way that we live our lives
00:22:49 00:22:53 and I think that the end result is going to be richer online
00:22:53 00:22:56 and offline lives for all of us around the world.
00:22:56 00:23:00 Do I think are there inherent implications that –
00:23:00 00:23:05 and certainly risks associated with this?
00:23:05 00:23:11 Well I think that it’s really about the internet amplifying the best
00:23:11 00:23:14 and worst of people and I think that we’ve seen
00:23:14 00:23:17 actually more cases where the good is winning out over the bad
00:23:18 00:23:22 and I think the last 14 days or however long it’s been
00:23:22 00:23:27 in terms of just the immediate impact that the earthquake
00:23:27 00:23:30 in Haiti has had around the world especially from a fundraising perspective,
00:23:30 00:23:36 there is no analogue for that, there is no analogue
00:23:36 00:23:39 for the kind of ways in which people today can have
00:23:39 00:23:42 an impact on something sitting on their couch
00:23:42 00:23:44 in their pajamas halfway around the world.
00:23:45 00:23:50 And I think that that’s only going to make us globally much more interesting
00:23:50 00:23:54 and hopefully, not to sound too much like a hippy,
00:23:54 00:23:58 but the world a better and certainly more interesting place.
00:23:58 00:24:01 Thank you, Gina. Don, are you ready, since the mike is over there?
00:24:01 00:24:02 Sure.
00:24:02 00:24:08 To share a few thoughts with us? Don Tapscott from nGenera.
00:24:10 00:24:12 In case you don’t know who I am, I'm a researcher.
00:24:12 00:24:16 I’ve written a bunch of books going back to 1981 about the internet and society.
00:24:16 00:24:18 I wrote the book “Wikinomics.”
00:24:18 00:24:22 Okay, two points; where’s this going and big risks
00:24:23 00:24:27 and where is it going from the perspective of business and the enterprise.
00:24:27 00:24:31 I think we’re at a deflection point where social networking is changing
00:24:31 00:24:36 and becoming a new mode of production, it’s becoming social production.
00:24:37 00:24:39 And social networks within the enterprise
00:24:40 00:24:42 are becoming the new operating system of a business.
00:24:43 00:24:51 Now I can speak to this quite a bit and hopefully… will add later
00:24:51 00:24:53 on in the conversation of what I'm saying.
00:24:53 00:24:56 Best Buy is a company has a social network involving tens of thousands of people
00:24:57 00:25:00 and this changes the way Best Buy operates its business.
00:25:00 00:25:05 It has a link to that, part of a broader collaborative platform
00:25:05 00:25:08 and electronic water pool with 70,000 people
00:25:09 00:25:10 that comes up with all kinds of fantastic ideas.
00:25:11 00:25:13 It uses prediction markets to better understand
00:25:14 00:25:16 what's really happening with the company.
00:25:16 00:25:18 This is changing the way you run a business.
00:25:19 00:25:22 It’s no longer about hooking up online or creating a gardening community.
00:25:22 00:25:27 But the more important opportunity has to do with using these
00:25:27 00:25:30 new collaborative platforms built around social networks
00:25:30 00:25:33 to change the deep structure and the architecture of corporations
00:25:34 00:25:38 and how they orchestrate capability to innovate and to create value.
00:25:38 00:25:42 So I use LinkedIn, for example, to run a contest
00:25:42 00:25:45 for a book I’ve read recently called “Grown Up Digital”
00:25:45 00:25:49 where I ask kids around the world “Give me a two-minute video
00:25:49 00:25:52 that says what’s wrong with the education system and how you’d fix it?”
00:25:52 00:25:55 I had half a person working on this for two weeks.
00:25:55 00:25:58 I got hundreds of videos from dozens of countries
00:25:58 00:26:02 and it changed the way that I as a company could relate with the rest of the world.
00:26:02 00:26:07 InoCentive is basically built on a social network.
00:26:07 00:26:10 I'm Procter & Gamble, I'm trying to find a molecule
00:26:11 00:26:15 that will take red wine out of a shirt, I’ve got 9000 people inside
00:26:15 00:26:19 but there are 200,000 outside on the InoCentive network
00:26:19 00:26:23 that sure enough there's a retired chemist in Taipei or a grad student
00:26:23 00:26:25 in London that comes up with a molecule,
00:26:25 00:26:27 I’d pay him a couple of hundred thousand dollars
00:26:27 00:26:30 and I have a product that ends up being a billion dollar product.
00:26:31 00:26:37 Goldscorp, gold mining company, the CEO there was very frustrated
00:26:37 00:26:41 that his geologist couldn’t tell him where to go into production,
00:26:41 00:26:45 where the gold was, so he held a contest based essentially on a social network
00:26:45 00:26:50 and collaborative platform “$500,000 in prices for anybody
00:26:50 00:26:54 who can tell me do I have any gold in this company and if so, where is it?”
00:26:54 00:26:57 He got 77 submissions from all around the world,
00:26:57 00:27:00 they used techniques that he’d never heard of,
00:27:00 00:27:03 and for half a million dollars in price money he found $3.4 billion
00:27:03 00:27:06 worth of gold and the market value of his company went
00:27:07 00:27:09 from $19 million to $10 billion.
00:27:09 00:27:11 He’s actually my neighbor.
00:27:11 00:27:13 He lives across the street from me and I can tell you, he’s a happy camper.
00:27:14 00:27:17 So this is changing the way that we innovate,
00:27:18 00:27:21 it’s called open innovation, the way we get capability.
00:27:22 00:27:25 Government, another example, I'm working with some heads of state
00:27:26 00:27:30 and men at the governor level in the US to do digital brainstorms
00:27:30 00:27:33 that are essentially on a social network platform where the issue,
00:27:33 00:27:36 the President of Portugal for example, is going to come online
00:27:36 00:27:40 and say “For the next three days, we’re going to have a conversation
00:27:40 00:27:43 in our country where everyone can participate.”
00:27:44 00:27:45 This is changing the nature of democracy
00:27:46 00:27:49 and the way the citizens engage with their state. I could go on, I won't.
00:27:49 00:27:51 I know.
00:27:53 00:27:54 Can I say one thing about problem?
00:27:55 00:27:58 I think there are two really big problems.
00:27:58 00:28:03 One is privacy and I did a research project where I interviewed 11,000 young people,
00:28:04 00:28:07 young people are giving away their personal information, too much,
00:28:07 00:28:10 and this year there will be thousands of young people who don’t get
00:28:10 00:28:12 that dream job because their employer
00:28:12 00:28:16 did a reference check on Facebook and there are things that you say
00:28:17 00:28:20 or do or wear when you're 19 that are not really who you are.
00:28:21 00:28:24 This is a massive historic problem to me.
00:28:24 00:28:28 The other big problem has to do with moving to this new paradigm
00:28:29 00:28:30 and I think there's a crisis in leadership in companies
00:28:31 00:28:36 and enterprises typified by this popular habit of banning Facebook
00:28:36 00:28:39 and banning social networks within the enterprise.
00:28:39 00:28:43 I was talking to the CIO of a state where the governor had banned Facebook
00:28:44 00:28:45 and I said “Why did you do that?”
00:28:45 00:28:48 and he says “Well the governor felt young people were wasting their time on the job,”
00:28:48 00:28:51 to which I replied “Well if young people are wasting their time,
00:28:51 00:28:53 is that a technology problem?
00:28:53 00:28:55 You fix that by banning a technology?”
00:28:55 00:28:59 They just got to do some of the workload, job design, and performance evaluation.
00:28:59 00:29:01 I said “What was the effect of banning Facebook?”
00:29:01 00:29:03 He said “Everybody went to MySpace.”
00:29:05 00:29:13 Another, good news there, another youngster, 27 years old, I asked him,
00:29:13 00:29:16 he works for the Federal Agency “What's the effect of banning Facebook?”
00:29:17 00:29:18 He had a different answer.
00:29:18 00:29:20 He said “It was the single most Demoralizing
00:29:20 00:29:21 thing management has ever done.
00:29:22 00:29:24 It said to us we don’t get collaboration, we don’t get your tools,
00:29:25 00:29:28 we don’t understand your generation, and we don’t trust you.”
00:29:28 00:29:30 So there's a crisis of leadership emerging.
00:29:31 00:29:33 Very good. Thank you very much Don.
00:29:33 00:29:39 I will ask now Evan Williams, Co-Founder and CEO of Twitter
00:29:45 00:29:47 Well I agree with a lot of what's been said
00:29:47 00:29:50 and there's tons of interesting stuff to talk about already
00:29:50 00:29:52 so I won't add too much more.
00:29:52 00:29:58 One thing I noticed though is there's a lot of conflation of ideas
00:29:58 00:30:01 when we talked about social in the social web
00:30:01 00:30:05 and I'm wondering why that is and what that means
00:30:06 00:30:10 because I think most of everything we’re talking about is just
00:30:10 00:30:14 it’s about the internet and it’s about taking media
00:30:15 00:30:18 and making it two-way and giving everybody the ability to publish
00:30:18 00:30:20 and participate with each other.
00:30:20 00:30:25 So when we talk about social networks or social – there are infinite varieties
00:30:25 00:30:28 of what that means and I think it more or less just means the internet
00:30:28 00:30:30 and people have been publishing in the internet.
00:30:30 00:30:34 The big original promise of the internet, at least one of them
00:30:35 00:30:38 was about the democratization of information and it took us,
00:30:39 00:30:45 in the trend of social networks and Twitter which we don’t really even
00:30:46 00:30:47 consider a social network and all these other tools,
00:30:48 00:30:51 are about lowering the bar and really realizing that that ability
00:30:52 00:30:57 for everybody to publish and participate very, very easily.
00:30:57 00:30:59 And the effects of that, I totally agree with Gina
00:31:00 00:31:04 and the other folks that said they pretty much affect everything,
00:31:05 00:31:07 they affect society in every way, they affect,
00:31:07 00:31:14 not only what media we consume but how we – basically
00:31:14 00:31:17 at Twitter we look at doing three things for people:
00:31:17 00:31:22 helping then find the information they want and when they want it
00:31:22 00:31:27 and so it’s basically a filtering and discovery engine;
00:31:27 00:31:32 two is creation of content which is expressing
00:31:32 00:31:37 and having influence over others so not everybody in the world
00:31:37 00:31:40 is going to be writing articles or creating videos
00:31:41 00:31:45 and what not but almost everybody may say to their friend now
00:31:45 00:31:47 and then or whoever is listening to him “Hey check this out.
00:31:48 00:31:50 And that’s a form of influence and that has profound effects right there
00:31:50 00:31:55 because that directs people more and more to what media they consume;
00:31:55 00:32:01 and third is about building relationships and obviously this is the heart
00:32:01 00:32:04 of a lot of social networks that are out there about communicating
00:32:04 00:32:09 but they're also about relationships of all types, with businesses,
00:32:10 00:32:14 some of the stuff that we’re excited about Twitter is where an individual
00:32:15 00:32:18 will follow a local business, their coffee shop
00:32:19 00:32:22 and get their special of the day and that’s a two-way channel
00:32:22 00:32:25 so businesses can hear back from customers who’ve always been more or less anonymous
00:32:26 00:32:33 and so with all these mechanisms we now have a way to keep in touch
00:32:34 00:32:36 with a person or a business or any entity that we care to keep in touch
00:32:37 00:32:40 with so when you have a meeting instead of just
00:32:40 00:32:42 you can now have a link back to them.
00:32:43 00:32:46 So there's not much that that won't influence in the society,
00:32:46 00:32:53 I think the underlying idea to just consider about what this affects
00:32:53 00:32:56 is that people who use these technologies and use the internet
00:32:56 00:33:00 to do what people have always done and that’s about building relationships,
00:33:01 00:33:02 communicating with each other, expressing themselves,
00:33:03 00:33:07 and this is just a continuation of what's been happening
00:33:08 00:33:13 for the last 15 years or so since the commercialization of the internet.
00:33:13 00:33:16 Thank you, Evan. Randi?
00:33:17 00:33:20 Here’s the mike for you. So Randi Zuckerberg from Facebook
00:33:21 00:33:24 Thanks for giving me some time to stall. Hi everyone.
00:33:25 00:33:28 I'm pinch-hitting for my brother who unfortunately couldn’t make it this year.
00:33:29 00:33:32 I just want to say that it’s really fantastic to be here
00:33:32 00:33:36 and this time last year I was here speaking about
00:33:36 00:33:38 an incredible event that happened for social media
00:33:38 00:33:41 and that was the inauguration of Barack Obama
00:33:41 00:33:44 and what we saw online with people all over the world
00:33:44 00:33:48 coming together in this incredible global conversation
00:33:48 00:33:52 and the fact that content was really democratized like never before,
00:33:52 00:33:57 I think that was just a really amazing time and I remember coming here
00:33:57 00:34:01 and really seeing the attention that was given to social media
00:34:01 00:34:05 at that time among business and global leaders.
00:34:06 00:34:09 Since then there have been a lot of events in the world this year.
00:34:09 00:34:13 There have been elections all over, the Iranian election
00:34:13 00:34:18 and we’ve seen the current situation in Haiti especially.
00:34:18 00:34:22 Collectively in this room when you look around we have hundreds
00:34:22 00:34:25 of millions of people that are using all of these sites
00:34:25 00:34:29 and I think that gives us incredible responsibility to come together
00:34:29 00:34:34 to find ways to make sure that people are getting access to accurate information,
00:34:34 00:34:38 to real time information, and to information online
00:34:38 00:34:40 in a social way that’s really going to help make a difference.
00:34:41 00:34:44 Very good. And Randi will you have feedback from Facebook as well?
00:34:45 00:34:46 Sure. Yeah.
00:34:46 00:34:49 So one of the things that we experimented with last year at the forum,
00:34:49 00:34:53 we actually granted some real time in-site polls over some of the sessions
00:34:54 00:34:55 where world leaders were talking about issues,.
00:34:56 00:34:58 We actually were instantaneously
00:34:58 00:35:01 polling people on Facebook to get the public opinion.
00:35:01 00:35:05 It’s not enough to see just what six global leaders have to say,
00:35:06 00:35:08 let’s bring 350 million people into the conversation too.
00:35:09 00:35:12 So we’re going to be taking questions from any of you guys
00:35:12 00:35:16 that want to ask what people online are thinking about social –
00:35:16 00:35:18 So why don’t you ask them the three same questions
00:35:18 00:35:20 and see what we get from Facebook?
00:35:21 00:35:22 Sure.
00:35:22 00:35:24 Great. I’ll make sure I’ll give you the questions again.
00:35:24 00:35:26 Sounds good. Thanks guys.
00:35:26 00:35:29 Are you done? Very good. Thank you, Randi.
00:35:29 00:35:35 We will move into – Mousa Musa, we’ll see,
00:35:36 00:35:38 I guess you could report for your table maybe?
00:35:39 00:35:44 And what should individuals and institutions do to leverage our power?
00:35:44 00:35:46 Those were out three questions.
00:36:17 00:36:19 Can someone take this table because I’ll be moving around?
00:36:19 00:36:26 You want to – I found a casualty here. Maybe you want to run the conversation?
00:36:26 00:36:27 Okay
00:36:28 00:36:35 It’s just about like having a conversation and then we continue.
00:36:36 00:36:38 So anyone can report – if will be good if you – I’ll be right back,
00:36:39 00:36:45 I'm just making sure everything is fine. Do you have the three questions?
00:36:48 00:36:50 How is it changing society?
00:36:50 00:36:51 What are the risks –
00:36:52 00:36:54 Implications and risks. And what should we do to leverage it.
00:36:55 00:36:56 Exactly.
00:37:07 00:37:09 So how is it changing society?
00:37:12 00:37:24 I have – you changed my life, I have three boys and who spend everyday,
00:37:25 00:37:28 I hope not a lot, and actually they are travelling
00:37:29 00:37:31 and now they have friends all around the world.
00:37:31 00:37:36 One of them is in Latin America and the only way he communicates
00:37:36 00:37:40 is on Facebook, so that’s one impact.
00:37:41 00:37:45 Except that your children won't need to meet their friends on Facebook.
00:37:45 00:37:54 …do that primarily is around media and constant interests, right?
00:37:54 00:38:00 And what we talk about is the discovery which they discover a lot of content
00:38:00 00:38:04 in the media through other people and then the sharing
00:38:04 00:38:08 and show casing of the information. And I think each of those
00:38:09 00:38:14 provides a different filter, the people I'm connected to
00:38:15 00:38:16 in the real world are one filter for me Twitter
00:38:16 00:38:18 is another one where I can go up and take a topic
00:38:18 00:38:21 and find out what the general populace is thinking about it.
00:38:21 00:38:23 I think that’s interesting.
00:38:23 00:38:26 When I was thinking about was what John was just saying
00:38:27 00:38:29 about sort of thinking that this is more than
00:38:29 00:38:32 an evolution rather than a revolution so from letter writing
00:38:32 00:38:36 to phone to email to Twitter, that’s a way of looking
00:38:36 00:38:40 at communication but what I think is interesting here is conflating
00:38:40 00:38:45 or is the joining of communication with the ability to broadcast
00:38:45 00:38:47 and I think that’s kind of what we’re seeing,
00:38:47 00:38:50 it’s like it’s not just that I can now communicate with you through
00:38:51 00:38:53 a different channel but I'm also at the same time communicating
00:38:54 00:38:56 and broadcasting and like at YouTube you think about
00:38:56 00:39:01 that as now anybody can have his platform for the ability
00:39:01 00:39:04 to broadcast yourself which was limited to a very,
00:39:04 00:39:06 very small group of people and now you're both communicating
00:39:07 00:39:09 and broadcasting at the same time which I think,
00:39:09 00:39:15 based on my experience watching how my friends act
00:39:15 00:39:18 and watching how people younger than me are interacting
00:39:18 00:39:21 with these technologies is that it is changing how people behave.
00:39:22 00:39:26 I'm less of a believer that this is just a reflection of how society is
00:39:26 00:39:29 and more I think of a campus thing but it is kind
00:39:30 00:39:35 of changing how we conduct ourselves because you watch the way
00:39:35 00:39:38 that young people… on Facebook, Twitter, MySpace,
00:39:39 00:39:41 there's much more of this like self-conscious
00:39:41 00:39:45 “How am I presenting myself? Is this information that I'm sharing,
00:39:45 00:39:47 how is this going to reflect on how I'm perceived socially?”
00:39:48 00:39:53 It is an interesting question the way that you're talking about it.
00:39:53 00:39:55 Is this just an ongoing evolution?
00:39:55 00:39:57 When you think about newspapers as an example,
00:39:57 00:40:01 to try to get your perspective on this Arthur, you know,
00:40:01 00:40:04 newspapers were about news and then they start to be about
00:40:04 00:40:11 increasingly you have opinion and analysis
00:40:11 00:40:14 and then up at where you're drawing people into the conversation,
00:40:15 00:40:16 not necessarily these people…
00:40:16 00:40:17 How do you see this in terms of –
00:40:17 00:40:18 I'm here to learn.
00:40:21 00:40:28 Going to be increasingly smelt out and actually vilified.
00:40:28 00:40:32 It will bite them bad because they’ll talk to the camera
00:40:33 00:40:36 and it will be a totally different jargon than the guy online
00:40:37 00:40:38 and suddenly the fraud is exposed.
00:40:39 00:40:43 You're going to be naked so you better be rough.
00:40:43 00:40:44 Can I pick up on this point?
00:40:45 00:40:47 Like the whole theme of Davos this year is that the world is busted
00:40:48 00:40:52 and we need to rethink, redesign, rebuild our institutions
00:40:54 00:41:00 and we have – the current model is nation states come together to fix things.
00:41:00 00:41:04 The model we’re exploring at Davos is that we could have
00:41:04 00:41:06 new multi-stakeholders to solve problems.
00:41:07 00:41:09 So the world leaders are stalled in Copenhagen
00:41:09 00:41:12 trying to get a climate change deal, I estimate between 8
00:41:12 00:41:14 and 10 million people that they're organizing using the web,
00:41:15 00:41:18 social networks and other stuff, around this issue.
00:41:18 00:41:25 So this is the first time in human history that we’re all on the same side basically
00:41:25 00:41:31 and so to me this presents a new opportunity that fundamentally
00:41:31 00:41:34 changed the way that we collaborated with the world,
00:41:34 00:41:37 the way that we solved problems.
00:41:38 00:41:40 Yeah, my company is Mobile Video.
00:41:41 00:41:43 We’re in about 60 countries, including a lot of developing markets
00:41:44 00:41:46 and what really struck me, and it’s similar to what you're saying,
00:41:47 00:41:50 is applications we had never thought of in remote villages in Africa
00:41:50 00:41:53 and Southeast Asia, they're doing telemedicine,
00:41:53 00:41:56 they're having access to medical care through these networks
00:41:56 00:42:00 and so they don’t have to walk a day and a half to get that.
00:42:00 00:42:05 They can get that through something that’s formal or less formal.
00:42:05 00:42:10 For me it’s about bringing information to people that one way wouldn’t…
00:42:10 00:42:14 and then the other side is you bring in people in to the dialogue
00:42:14 00:42:17 that didn’t have a voice before and now they have a voice,
00:42:18 00:42:21 that’s something I'm truly struck us a lot in the last 18 months.
00:42:22 00:42:27 And so just another thing, the bottom line of what I was saying that I didn’t say,
00:42:27 00:42:29 this morning at 7:30 I was at a meeting hosted by Nike
00:42:30 00:42:32 and the CEOs of some other companies and they launched something
00:42:32 00:42:34 called the “Green Exchange.”
00:42:35 00:42:40 And this is a historic thing to me where companies are going
00:42:41 00:42:45 to contribute their intellectual property and put it in the platform in the commons
00:42:45 00:42:49 and using social networking to do this basically.
00:42:49 00:42:55 Nike’s giving away its 440 patents and placing them in the commons
00:42:55 00:42:59 and the idea, not just that a rising tide lifts all boats
00:42:59 00:43:04 and that we have a big problem in the world regarding the environment,
00:43:04 00:43:09 but also on the idea that this is part of a new thinking about open innovation
00:43:09 00:43:12 and competitive strategies, you don’t need to own all your intellectual property,
00:43:13 00:43:16 I mean now through social networking and all this other stuff we have a platform
00:43:16 00:43:21 that radically drops collaboration costs and enables us to innovate differently
00:43:21 00:43:25 and to think differently about the nature of IP.
00:43:25 00:43:29 And, man, this is a big change, I mean back in the music industry,
00:43:30 00:43:32 the internet was the best thing that ever happened to it
00:43:32 00:43:36 and at least rather embracing internet radically changed
00:43:36 00:43:39 the whole industry and turned music from a product to a service
00:43:39 00:43:41 and the record industry ends up suing children
00:43:41 00:43:43 and is hated by its customers in this –
00:43:44 00:43:48 I think that’s true. I do think there’s an interesting question
00:43:49 00:43:52 though that becomes “So what is the new IP?
00:43:52 00:43:55 What is the new internet?” because, I mean,
00:43:56 00:44:02 I agree with you but you how many even tens of hundreds
00:44:03 00:44:07 of years in the development of what does competitive advantage,
00:44:08 00:44:11 differentiation, and IP need and --
00:44:11 00:44:19 Where people are and I think that that application right now
00:44:20 00:44:22 is being used in the human rights community but as people age
00:44:23 00:44:25 who are online users, right now there's a big issue,
00:44:26 00:44:28 if you're 85, you're alone, and you don’t have children
00:44:29 00:44:33 who aren’t tracking you there isn’t the kind of minute-to-minute
00:44:33 00:44:36 or day-to-day accountability to where you are and how you're doing
00:44:36 00:44:40 and what your state is which I think social networks
00:44:40 00:44:44 could actually provide, where people… and that would be a function
00:44:45 00:44:49 of users aging and incorporating this kind of technology.
00:44:50 00:44:58 Two more great… so now people are using real names like…
00:44:58 00:45:11 The second thing is that you can really reach second degree of connections.
00:45:12 00:45:18 It was never possible and this is like a treasure to know.
00:45:19 00:45:23 I'm not asking the internet, I'm asking the friends of my friends.
00:45:24 00:45:27 And that’s vitally true for a wide range of acts,
00:45:27 00:45:30 everything from restaurant conversations to who is a good person
00:45:30 00:45:35 understanding city problems and can you create diversities, ecologies,
00:45:35 00:45:38 that sort of thing because the second degree,
00:45:38 00:45:42 it’s very easy to ascertain trust and authenticity in the administration.
00:45:43 00:45:45 There's other ways of doing that too but second degree’s easy,
00:45:45 00:45:46 its like “Oh Jeff knows this guy?
00:45:46 00:45:48 Jeff what do you think of him? Good? Bad?”
00:45:48 00:45:53 There’s a new Facebook program called, I think,… that is a dating service only
00:45:53 00:45:55 for people who your friends know.
00:45:58 00:46:00 That’s always been a communication gateway,
00:46:00 00:46:03 the information from my friend is more important
00:46:03 00:46:08 but what's the implication for your media, or the old establishment media,
00:46:09 00:46:11 or the big media that everyone went to for information
00:46:11 00:46:15 because now you don’t know who those people are, right?
00:46:15 00:46:18 That’s the opportunity… about the need for algorithmic authority
00:46:18 00:46:21 and what he’s saying is there's a business
00:46:21 00:46:23 opportunity here to find definitions of trust,
00:46:24 00:46:26 it’s no longer one size fits all, we all trust this brand,
00:46:27 00:46:30 the New York Times, some people trust…, some don’t. I do, very clear.
00:46:30 00:46:33 But that’s an individual decision, always has been…
00:46:34 00:46:39 But then it’s really disruptive to the different kind of
00:46:39 00:46:43 who we go to trust in terms of these guys.
00:46:44 00:46:46 I don’t know who he is.
00:46:46 00:46:48 Well I don’t know but I know I can get all my friends
00:46:48 00:46:50 to get to all the places I want to go.
00:46:52 00:47:02 Actually there are 10,000…,it’s a lot, you can find almost anything.
00:47:03 00:47:05 You have instant friends, someone wants to know about whiskey,
00:47:05 00:47:09 you make new friends who know about whiskey, like that and --
00:47:09 00:47:12 Are there any questions we haven’t addressed…
00:47:12 00:47:17 At this time I can't talk about all of them but one of them
00:47:18 00:47:22 we talked about Haiti and we talked about Iran.
00:47:22 00:47:26 In our case we kept the story about Iran going for many,
00:47:27 00:47:32 many days after most of the big newspapers had been kicked out of the country
00:47:32 00:47:34 and we’re depending on Reuters or BAP.
00:47:34 00:47:37 By then we had developed a network of people inside of Iran
00:47:38 00:47:41 who were kind of checking and balancing each other
00:47:41 00:47:43 so we were getting information that was kind of checked
00:47:43 00:47:47 by the crowd of Iran and we were able to tell a really accurate story.
00:47:47 00:47:50 I'm not sure if it was pretty accurate but in our case
00:47:50 00:47:55 we felt that accurate enough given the point of the story was good enough.
00:47:55 00:47:59 In the case of Haiti, we s well as CNN, as well as everybody else jumped
00:48:00 00:48:04 on to the story much faster than any other natural disaster.
00:48:04 00:48:08 The last one was the one of the tsunami was the beginning
00:48:08 00:48:13 of social networking where you could see pictures of the tsunami being uploaded.
00:48:13 00:48:16 In this particular case of Haiti social networking
00:48:16 00:48:18 is much more evolved and you saw the reaction,
00:48:19 00:48:22 the reaction was spontaneous, quite gigantic,
00:48:22 00:48:28 and the biggest worry about natural disasters is what the story could live on
00:48:28 00:48:30 and what people could do to pay attention.
00:48:30 00:48:32 We believe that in this case, yes.
00:48:32 00:48:38 The biggest risk is that governments which are not involved
00:48:39 00:48:46 in social networking except very much… do not understand the phenomenon
00:48:46 00:48:49 and will – as the velocity of social networks make current events
00:48:49 00:48:53 go even faster, they're going to be left behind,
00:48:53 00:48:57 and that one might have implications where there's a complete disconnect,
00:48:58 00:49:00 and I don’t want to make any predictions but I think we’re starting
00:49:01 00:49:05 to see that disconnect happening whereby just a year after a very popular president
00:49:06 00:49:08 gets elected he walked into a brick wall and a lot of it has to do with the fact
00:49:09 00:49:12 that people have moved on and his administration has stayed behind.
00:49:12 00:49:15 My name is Marie…
00:49:18 00:49:23 and we will start with Mousa Musa reporting from his table
00:49:24 00:49:26 so perhaps someone…
00:49:31 00:49:33 I'm sure you all can see me.
00:49:33 00:49:38 So I think what we were talking about in our table
00:49:41 00:49:44 social networks are instruments of social change
00:49:45 00:49:49 and we’ve had different opinions, of course,
00:49:49 00:49:53 but I think we’ve said that social networks can change
00:49:53 00:49:56 a community because we’re more communicated
00:49:56 00:49:59 and we’re more in touch with each other.
00:49:59 00:50:03 And actually what we said was we deprive people,
00:50:03 00:50:08 people who are in poor countries they could get their message
00:50:08 00:50:10 out through these social networks.
00:50:10 00:50:18 And also we’ve talked about how social networks can actually influence
00:50:18 00:50:24 people to more objective towards their goals and to help people,
00:50:25 00:50:27 such as Iran and Haiti.
00:50:27 00:50:35 As the risks go, kind of – the value of education is kind of a lesson
00:50:35 00:50:39 because we don’t have very much value, we don’t concentrate on education,
00:50:40 00:50:43 people spend more time on social networks than they do obviously reading books.
00:50:44 00:50:48 And so goes with checks and balances,
00:50:49 00:50:52 we said we can't check on the accuracy of information
00:50:53 00:50:58 and we’re also – when we put all these people together
00:50:58 00:51:01 we’re given the risk of exclusion, we’re excluding some people
00:51:01 00:51:04 out of even though it’s an exclusion utensil we’re excluding
00:51:05 00:51:07 some people out of it and that’s really unfair.
00:51:08 00:51:12 Also, as leveraging the power, I think most of us agree
00:51:12 00:51:16 that we should use that power instead of leveraging it
00:51:17 00:51:21 and actually using the power of the people to put
00:51:22 00:51:26 a check on the corporations and kind of on the information going on.
00:51:27 00:51:29 Thank you.
00:51:31 00:51:39 So in between I would like to YouTube’s Steve Grove that is also a social network.
00:51:39 00:51:41 Explain what you’ve learned here and I’ll take one question
00:51:42 00:51:46 from YouTube that someone here can answer and we fall back also to the internet.
00:51:47 00:51:49 Excellent. I'm Steve Grove from YouTube
00:51:50 00:51:53 and three or four days ago when we… this video on our homepage,
00:51:53 00:51:57 asking people to submit questions and vote on their favorites
00:51:57 00:52:03 on YouTube.com/Davos, and let me click over to the platform now,
00:52:03 00:52:06 so there is a whole range of questions that have been submitted here
00:52:06 00:52:09 and one of the top voted ones and ones that we thought might be
00:52:09 00:52:11 relevant is grouped to discuss --
00:52:11 00:52:13 How many answers and questions did you get?
00:52:13 00:52:15 We got 114 questions.
00:52:15 00:52:16 Wow.
00:52:17 00:52:22 So we should inform the YouTube users that we won't be able to answer 114
00:52:23 00:52:25 questions but we’ll take one right now.
00:52:25 00:52:33 Exactly. The question comes from a user who calls themselves –
00:52:33 00:52:36 Before you read the question, someone in the room,
00:52:36 00:52:39 one of the leaders or anyone else, if you want to answer…
00:52:43 00:52:44 So can you read it?
00:52:44 00:52:46 Yes, so the question is, you can't see it in the board,
00:52:46 00:52:51 that what was supposed to free us but with the world becoming increasingly
00:52:51 00:52:53 influenced by hype, popular news is over imported along
00:52:53 00:52:55 with the decline of journalism and efficiency, internet short hands
00:52:56 00:52:57 and lack of grammar online.
00:52:57 00:52:59 Is society deteriorating?
00:53:00 00:53:02 With the hype. Okay who wants to take this one?
00:53:07 00:53:08 All right I will.
00:53:09 00:53:11 All right,… He needs a microphone.
00:53:11 00:53:15 There should be one over here. Can you pass it to him?
00:53:22 00:53:23 How do I put this gently.
00:53:24 00:53:31 You could always find people who would be worried about this hype
00:53:31 00:53:34 but the trick is the opportunity here.
00:53:34 00:53:36 Is journalism declining?
00:53:36 00:53:38 I think journalism is growing in a couple of new ways,
00:53:38 00:53:41 like Larry who is in journalism right here and making money doing it.
00:53:42 00:53:44 Is there a hype in media?
00:53:44 00:53:46 Yeah, blame the media but are we all idiots enough that we all follow it?
00:53:46 00:53:49 No. Is society deteriorating?
00:53:49 00:53:53 I think to the contrary, I think we have new tools for that, I'm…
00:53:55 00:53:57 Mike Butcher from TechCrunch.
00:53:57 00:53:59 One thing, and Jeff you're just the perfect guy to talk to this about,
00:54:00 00:54:04 what I don’t get is there's this view about before the internet
00:54:04 00:54:10 that journalism was this sort of pure and innocent priesthood of truth
00:54:11 00:54:17 and if I didn’t realize exactly how journalism was really
00:54:17 00:54:21 sausage making until I became one and just how ugly it is behind the scenes
00:54:21 00:54:27 and how it’s a constant battle to even find the truth, let alone report it,
00:54:28 00:54:30 how did they pull that off? So here’s my question:
00:54:30 00:54:37 over the last 800 years how did the press as a whole manage to convince the world
00:54:37 00:54:41 that they somehow stand for truth as opposed to whatever
00:54:42 00:54:44 it is they do from your standpoint?
00:54:48 00:54:49 Control, one word, control.
00:54:49 00:54:51 And what the internet does is it breaks down control.
00:54:51 00:54:53 It breaks it down, not only media but in every industry there is,
00:54:54 00:54:56 it will do so in government in ways that may scare people,
00:54:57 00:55:02 those who had control but if you had some inherent faith in the people,
00:55:02 00:55:05 which is to say society, which this question does not, I know,
00:55:06 00:55:10 there's no asking it, but that’s become a comfort blanket
00:55:10 00:55:12 but I think when others of us gain control thanks to what the internet
00:55:12 00:55:15 allows then that breaks down old structures,
00:55:15 00:55:17 that scares the old structures, the old structures go to
00:55:17 00:55:20 constantly complain like this, but if you have faith in your fellow men,
00:55:20 00:55:21 good things will happen.
00:55:22 00:55:24 Anyone else on that topic?
00:55:25 00:55:28 About why is society getting better with…
00:55:29 00:55:30 No? All right.
00:55:30 00:55:32 We want these two from the table, Reid,
00:55:32 00:55:35 and then we’ll take one more from YouTube, one more
00:55:37 00:55:42 So we talked both about a little bit about upsides
00:55:42 00:55:44 and somewhat more about risks.
00:55:45 00:55:46 There was a general discussion on the privacy topic.
00:55:47 00:55:50 Most folks at the table, many points of view,
00:55:50 00:55:55 had the view that the privacy sector is frequently overblown
00:55:55 00:55:59 as taken partially from journalists having something dramatic to write about.
00:55:59 00:56:04 Now the interesting theme about privacy is not so much what you publish
00:56:04 00:56:07 about yourselves but many of us feel that’s there's a kind
00:56:07 00:56:08 of new normal coming off of that
00:56:09 00:56:11 but a question of what do other people publish you
00:56:12 00:56:15 and that the more interesting questions about having millions publish
00:56:15 00:56:17 as there is are everything from slander
00:56:17 00:56:22 or other kinds of things where issues over brand is happening.
00:56:23 00:56:26 There was a bunch of discussions about digital divide issues,
00:56:26 00:56:29 the question of if there is there's a general view
00:56:30 00:56:31 that having the world much more connected
00:56:32 00:56:35 and efficient in terms of information distribution
00:56:35 00:56:41 and finding people either for kind of finding former colleagues
00:56:41 00:56:44 or classmates that we’re connecting or finding experts
00:56:44 00:56:46 to help you with a business problem.
00:56:46 00:56:49 With all that is there a digital divide problem
00:56:50 00:56:52 and how do you make sure that there isn’t kind
00:56:52 00:56:54 of an accelerating difference between kind
00:56:55 00:56:58 of already rich connected markets and emerging markets
00:56:58 00:57:01 and how do you solve the problem now?
00:57:01 00:57:04 You know one of the wag comments I made there was well go on
00:57:05 00:57:10 to professional sites like LinkedIn… and find the people to help with that.
00:57:10 00:57:16 And so that was kind of the things – and then also
00:57:16 00:57:22 we talked some about the question of how do you approach these
00:57:22 00:57:24 things as an individual person?
00:57:24 00:57:26 What’s your strategy?
00:57:26 00:57:29 Because part of essentially what you get out is what you put in,
00:57:29 00:57:31 most people tend to feel like I show up
00:57:31 00:57:33 and something like this happens, but actually these things
00:57:34 00:57:36 are now actually part of our lives and you should think about
00:57:37 00:57:39 what is the way that I use these tools like I use the BlackBerry
00:57:40 00:57:44 or anything else as a way of navigating how you navigate
00:57:44 00:57:45 your own personal life.
00:57:46 00:57:47 Thank you very much, Reid.
00:57:48 00:57:49 I was looking at so for all of you watching online
00:57:50 00:57:54 I was looking at the Davos social sites, lots of feedback on Twitter
00:57:55 00:57:57 so hopefully we’ll take one of those, keep going.
00:57:57 00:58:01 One more, Steve, from YouTube before we go to George’s table.
00:58:01 00:58:03 So this one just came in, it’s really good.
00:58:03 00:58:07 A little bit to what Reid was saying, not on broadband-accessed
00:58:07 00:58:10 but on accessed information, it’s about censorship.
00:58:10 00:58:14 This comes from Rashna at the Dubai School
00:58:14 00:58:17 of Government who asks how involved should corporations such as Facebook,
00:58:18 00:58:19 Twitter, YouTube, etc be on the internet censorship laws
00:58:19 00:58:22 that compromise access to their content and don’t they owe
00:58:22 00:58:25 it to their users to try and ensure their equal access worldwide?
00:58:27 00:58:31 Especially with China… Anyone who wants to take this one?
00:58:33 00:58:36 There has to be one of you. All right I’ll pick a casualty.
00:58:40 00:58:44 Read it again Steve while we find a –
00:58:44 00:58:47 All right. It’s essentially a question about censorship
00:58:47 00:58:51 and corporations have overall in defining
00:58:51 00:58:53 internet censorship laws around the world.
00:58:54 00:58:57 So Randi has been proposing to answer
00:58:57 00:58:59 this question from Facebook’s perspective.
00:59:00 00:59:01 Thank you very much, Randi.
00:59:02 00:59:05 The world wants to hear what Facebook has to say about that.
00:59:06 00:59:08 We’re not friends right now.
00:59:10 00:59:11 I think it’s interesting.
00:59:11 00:59:17 This is something that I was really involved with Facebook
00:59:17 00:59:21 since its response to the elections in Iran and what was going on there.
00:59:21 00:59:25 We saw Facebook users in the country decline by
00:59:25 00:59:30 about 78% during that and it was really interesting,
00:59:30 00:59:34 that was the really first experience that we had with a global situation
00:59:34 00:59:37 when it was more critical than ever to get messaging in
00:59:37 00:59:40 and out of the country and to not have reliable access.
00:59:41 00:59:42 It was very disappointing to us.
00:59:42 00:59:47 In China has a very different situation because Facebook is completely
00:59:47 00:59:52 blocked in China so there's no access and no way to access the site
00:59:52 00:59:59 at all there but looking at the outcry on Facebook that we’ve seen
00:59:59 01:00:02 is speaking as the voice of the users people seem supportive
01:00:03 01:00:04 of those decisions.
01:00:05 01:00:07 Anyone else on censorship?
01:00:07 01:00:08 Just a question.
01:00:08 01:00:20 You’ve already said at DLD that censorship was taking basically
01:00:20 01:00:23 what was available…
01:00:25 01:00:25 Pardon?
01:00:26 01:00:27 Can you repeat that for me?
01:00:27 01:00:29 I said I was at another session at the same time,
01:00:29 01:00:32 I missed – I'm done with the mike, this is the mike of trouble
01:00:32 01:00:35 I apologize, Randi, I apologize.
01:00:36 01:00:38 I hope it’s only on Facebook but we’re still friends.
01:00:38 01:00:43 All right, anyone else on censorship?
01:00:44 01:00:46 No. George?
01:00:46 01:00:49 Can I have the mike?
01:00:53 01:00:56 …of the social networking companies who won't stand up
01:00:56 01:00:58 against censorship in the room.
01:00:58 01:01:00 They won't do it?
01:01:01 01:01:02 Reid.
01:01:08 01:01:11 The short hand is – so LinkedIn doesn’t directly counter
01:01:12 01:01:16 these things because very rarely did questions of the professional CV
01:01:17 01:01:20 and expertise would encounter any of these censorship issues.
01:01:21 01:01:23 The only particular thing that you actually end up getting
01:01:24 01:01:27 to navigate is things like “If I put in my profile I was so
01:01:27 01:01:30 and so’s consulting firms… which is rarely that.
01:01:31 01:01:35 Generally speaking I’d say that all the Silicon Valley folks
01:01:35 01:01:39 are very pro – technology folks are very pro- transparency,
01:01:39 01:01:42 very pro-publication and information
01:01:42 01:01:44 and is generally very positive.
01:01:45 01:01:48 On the other hand you try to pulse about what is cultural sensitivity,
01:01:49 01:01:53 what are the government’s ability to make laws regarding their particular things?
01:01:53 01:01:58 And it’s not just, for example, China which tends to get harped
01:01:58 01:02:00 on a lot here, but you knew there's questions around,
01:02:00 01:02:02 for example, laws regarding hate groups in Germany
01:02:03 01:02:06 and France and other kinds of things all pertain to this
01:02:07 01:02:10 and how do you balance the general good of transparency
01:02:10 01:02:14 and individual freedom against certain kinds of social rules.
01:02:14 01:02:17 And I think one of the most corporate folks tend to say
01:02:18 01:02:20 “Well I just kind of want to just help the thing
01:02:20 01:02:23 and make as much as the transparencies available
01:02:24 01:02:25 and not take on public conflicts” is for that reason.
01:02:25 01:02:29 Now I don’t know what the right answer is here
01:02:29 01:02:32 but that’s the shape of it in terms of how I look at it.
01:02:32 01:02:34 Did your role change the game?
01:02:34 01:02:36 The question was did your role change the game.
01:02:38 01:02:48 TVD, obviously I think there was a lot of support for saying
01:02:48 01:02:49 “Hey it’s important” that we defend people’s belief
01:02:50 01:02:54 in private accounts and all those kinds of things
01:02:55 01:02:56 and I think that’s a very good move.
01:02:57 01:03:00 Usually it’s a bad interfaith point with the Chinese government
01:03:00 01:03:10 to try to take into a public debate but I think it’s good,
01:03:10 01:03:13 very good for the general world discussion that brought it up
01:03:14 01:03:17 and I think that a lot of things as important is how in general
01:03:18 01:03:20 I think the right place to go in the global society
01:03:21 01:03:24 is how do we add more transparency because more or less
01:03:25 01:03:30 if the thing can't be published openly, what is it?
01:03:30 01:03:32 Not that I think they can be published openly,
01:03:32 01:03:38 like I’d prefer the DNA code for Ebola to not be easily accessible
01:03:38 01:03:41 but generally speaking how do we get there?
01:03:42 01:03:47 I think the most productive way to fight that is not like trying
01:03:47 01:03:52 to engage the Chinese government or these other governments who
01:03:53 01:03:58 the very being is against what we are all about
01:03:59 01:04:05 but I am hopeful that the way around some of these is the technological
01:04:05 01:04:08 ways around some of these barriers.
01:04:08 01:04:12 And we have seen that we have seem some very interesting
01:04:12 01:04:17 …to get to Twitter from Iran and other places
01:04:18 01:04:20 where it’s not accessible in normal ways.
01:04:20 01:04:23 Like the API for example?
01:04:23 01:04:26 Through the API but even clever one of the advantages of Twitter
01:04:26 01:04:29 is this is not a website which is part of why George’s…
01:04:30 01:04:32 numbers aren’t totally relevant.
01:04:32 01:04:36 Twitter is a network that just has access to thousands
01:04:36 01:04:39 of different applications and from mobile networks
01:04:39 01:04:45 and from other websites including Facebook in other ways.
01:04:46 01:04:49 So we think that’s an advantage when it comes to censorship
01:04:50 01:04:55 and with their… that I don’t want to talk about widely
01:04:55 01:05:01 to get around the normal blog.
01:05:01 01:05:06 So we will do all we can to enable people to access to Twitter,
01:05:06 01:05:09 that’s kind of our whole deal, we’re not going to move into countries.
01:05:09 01:05:15 I'm very proud that… that same Google’s taking there.
01:05:15 01:05:21 We are not in a position as 100%... to take that kind of
01:05:21 01:05:25 taking that kind of influence, we don’t even
01:05:25 01:05:27 I can't even start that, but we will do all we can
01:05:27 01:05:31 to hopefully enable to work around it eventually.
01:05:31 01:05:35 Thank you, Evan. Anyone else on censorship?
01:05:36 01:05:40 Anyone else? Gina? No?
01:05:41 01:05:43 All right, so we’ll move one.
01:05:44 01:05:45 Hi I'm Eric…
01:05:46 01:05:48 So as a journalistic organization it’s easy to be against censorship
01:05:48 01:05:51 but I think we should give Hilary Clinton
01:05:52 01:05:54 a lot of credit for the speech that she gave the other day
01:05:55 01:05:59 calling for an open internet which is for transparency
01:05:59 01:06:04 and openness and really taking on China to do to a large degree
01:06:04 01:06:06 on behalf of Google and others.
01:06:07 01:06:10 We’re completely blocked in countries like Iran for these reasons
01:06:11 01:06:14 and China, for whatever reason, blocks us on and off.
01:06:14 01:06:18 And I don’t think that any of us can stand
01:06:18 01:06:21 and for a world where censorship exists,
01:06:22 01:06:24 we wouldn’t have the society that we have today
01:06:25 01:06:27 and the freedoms that we have with censorship.
01:06:28 01:06:30 Having said that, it’s just a question of time,
01:06:30 01:06:32 you can't put the genie back in the bottle,
01:06:32 01:06:35 you can't put the genie back in the bottle the same way
01:06:35 01:06:37 that you can't get the news back in the bottle,
01:06:37 01:06:40 you can't put the genie back in the bottle
01:06:40 01:06:42 and so just a question of time, people in Iran, people in China,
01:06:42 01:06:44 wherever they are that there might be censored,
01:06:44 01:06:47 are finding as we speak ways around, as Ed was mentioning…
01:06:47 01:06:48 and the best thing we could do is we continue to do best
01:06:49 01:06:53 and to try to tell real stories about what's going on in the world.
01:06:54 01:06:57 All right, I will take one from Twitter,
01:06:57 01:07:05 so if someone wants to take this one, this is from… from Twitter
01:07:05 01:07:09 and it’s very simple, it’s easy, so the Davos social tag,
01:07:09 01:07:11 does social media make us more honest?
01:07:13 01:07:15 Anyone? Yeah.
01:07:16 01:07:17 The mike is there.
01:07:19 01:07:22 Does social media make us more honest?
01:07:22 01:07:23 Go ahead.
01:07:24 01:07:30 Well I think there are two ways going about the question.
01:07:31 01:07:36 Of course there's no check on the very occlusive information
01:07:36 01:07:37 coming out there.
01:07:38 01:07:42 It does not make us more honest but we would be more honest.
01:07:42 01:07:46 I mean, I'm 17 and I'm trying to get my message out about social --
01:07:46 01:07:47 What’s your message?
01:07:47 01:07:51 About – I school for the visually impaired
01:07:51 01:07:54 and I actually help get equipment to these schools
01:07:54 01:07:57 and I’ve seen the real need for equipment in Iraq
01:07:58 01:08:00 for these schools so I try to get them
01:08:00 01:08:03 the equipment that they need and we’ve actually been
01:08:03 01:08:08 covered by CNN and we try to do it as much as possible.
01:08:09 01:08:11 That doesn’t make us honest, nothing kind of makes
01:08:12 01:08:14 you honest but you want to be honest
01:08:14 01:08:16 on these things because you want to make change.
01:08:16 01:08:18 I want to effect change so I want it to be honest.
01:08:18 01:08:22 So that’s the reason that it’s more honest because you want to be.
01:08:22 01:08:27 Thank you. Randi if you have someone helping you,
01:08:27 01:08:30 like just show the page on Facebook so that we can put it up there
01:08:31 01:08:32 and we’ll take a question from Facebook.
01:08:33 01:08:37 Do you want to say something? Okay.
01:08:37 01:08:43 I think we are underestimating the power of social networks
01:08:43 01:08:49 in making people honest because it’s like almost orchestrated gossip.
01:08:50 01:08:53 There is a way that when you know people are going to comment
01:08:53 01:08:57 on what you do, when you know people can see what you do,
01:08:57 01:09:00 the risk that you can get away with things.
01:09:00 01:09:04 You know the question about how journalists actually get away
01:09:04 01:09:08 with this thesis that everything was pristine and perfect before.
01:09:08 01:09:11 Well there wasn’t any way of the feedback wasn’t there
01:09:12 01:09:13 to say what we were talking is crap.
01:09:14 01:09:18 Here we have voting mechanisms, we have open criticism capabilities
01:09:18 01:09:23 and we’ve always felt that any open source movement
01:09:23 01:09:27 because of the Linus’ law, given enough eyeballs,
01:09:27 01:09:30 all bugs are shallow, there is an equivalent
01:09:30 01:09:32 of shallow people being exposed more easily
01:09:32 01:09:34 when they use a social network
01:09:34 01:09:37 because they don’t have any of the traditional protection.
01:09:37 01:09:42 So I think that probably social networks are definitely forces
01:09:42 01:09:45 of being able to make people act more honestly.
01:09:45 01:09:49 Thank you JP. Owen? MySpace.
01:09:53 01:10:03 I don’t know that social networks make us more honest but social networks
01:10:04 01:10:07 and social media and the social web creates a level of transparency
01:10:07 01:10:10 that makes us a lot more accountable.
01:10:10 01:10:15 And it exposes a lot more those things that the general public perceives
01:10:16 01:10:18 as incorrect or inaccurate.
01:10:18 01:10:21 I think that’s an important distinction because I think honestly
01:10:21 01:10:24 there's a much different definition than to accountability
01:10:25 01:10:27 and accountability is one of the big benefits
01:10:27 01:10:30 that we get from the transparency of the social web.
01:10:31 01:10:34 So Don, if you could pass the mike to Don at the other table?
01:10:35 01:10:36 Okay, very good.
01:10:36 01:10:40 And Don will you report for your table as well?
01:10:41 01:10:42 Very good.
01:10:43 01:10:44 I think to answer the question
01:10:45 01:10:54 you need to differentiate between individuals and institutions.
01:10:55 01:10:59 An individual, I think it’s a tough issue,
01:11:00 01:11:02 but in the sense that honesty is a foundation of trust,
01:11:03 01:11:05 if you as an individual wants to have trusting relationships
01:11:05 01:11:07 with other people you need to be honest
01:11:08 01:11:13 so that would argue that over time people’s behavior
01:11:13 01:11:16 will change to be more truthful unless
01:11:16 01:11:19 in order to have any kind of reputation brand.
01:11:20 01:11:22 I think it’s much clearer when it comes to institutions
01:11:22 01:11:24 and the key thing is transparency.
01:11:24 01:11:28 That because of social networks and the web as a whole,
01:11:28 01:11:31 institutions are becoming naked.
01:11:31 01:11:37 Transparency is a new force that’s causing companies to be,
01:11:37 01:11:40 I believe and I’ve done a lot of research on this,
01:11:40 01:11:43 to be more open and to be more truthful and honest.
01:11:44 01:11:47 We don’t always see it but that’s the general trend.
01:11:47 01:11:49 Basically companies are going to be naked,
01:11:49 01:11:53 and if you're going to be naked fitness is no longer optional,
01:11:55 01:11:57 if you're going to be naked you better be buff.
01:11:58 01:12:04 And so companies that are on this can use transparency as a friend,
01:12:04 01:12:06 they can sort of undress success, if you like,
01:12:07 01:12:11 and build relationships with others.
01:12:11 01:12:16 This is a new force, sunlight is the best disinfectant basically,
01:12:17 01:12:20 and I think on the question of institutions,
01:12:20 01:12:22 it’s unquestionable that there are very good things happening.
01:12:23 01:12:25 Okay, in terms of our group, briefly –
01:12:25 01:12:27 Yeah, especially in places on your table,
01:12:27 01:12:31 knowing you as what you discussed with Reid.
01:12:31 01:12:34 You know what? We never got into that.
01:12:35 01:12:37 That’s very good, I'm surprised.
01:12:37 01:12:42 It’s more interesting that you started a discussion about social networks
01:12:42 01:12:44 and all of a sudden you're into a discussion
01:12:44 01:12:48 about human behavior; about newspapers TV,
01:12:49 01:12:52 democracy, innovation, intellectual property,
01:12:52 01:12:56 the nature of corporations, competition, competitive advantage,
01:12:56 01:13:00 relationship capital is a new source of competitive advantage,
01:13:00 01:13:04 and just the fact that we had that conversation is kind of interesting.
01:13:04 01:13:06 Gina made a very good point.
01:13:06 01:13:09 I should – why don’t you make it about art and artists
01:13:09 01:13:13 and how the music industry is causing some change.
01:13:15 01:13:19 So the thing that is really interesting from my perspective
01:13:19 01:13:23 is we’re now going through yet another shift in terms
01:13:24 01:13:27 of what makes a successful either artist or organizer.
01:13:28 01:13:33 Today, in a social world, and the analogy that I think
01:13:34 01:13:38 is appropriate is actually when we moved from silent movies talkies.
01:13:39 01:13:43 And the fact of the matter is silent movie start
01:13:43 01:13:45 didn’t necessarily make that transition.
01:13:46 01:13:50 In the same way, the characteristics
01:13:50 01:13:53 and the things that are going to make whether it’s an artist
01:13:53 01:13:59 or an organizer or just the creator of social experience is successful in 2010
01:13:59 01:14:03 and beyond given this new technology and these new social platforms
01:14:03 01:14:09 is actually the days of a shy artist who has all of these handlers
01:14:09 01:14:14 that they basically can be shy and brooding in the corner
01:14:14 01:14:18 just making their art, they actually may not make it
01:14:18 01:14:22 because the distribution channels and the ways that art
01:14:22 01:14:29 is discovered actually on some level requires being outgoing and being social.
01:14:30 01:14:34 So I think that it’s going to be one of these very interesting
01:14:34 01:14:41 transitions just as we’ve seen in the past with different technologies
01:14:41 01:14:47 actually rewarding and being very appropriate for some kinds
01:14:47 01:14:51 of personalities and some types of ways of organizing and not others.
01:14:51 01:14:52 Thank you Gina.
01:14:52 01:14:54 Just one quick example.
01:14:54 01:14:56 I want to do this because we’re on the web
01:14:56 01:14:58 and there's this view that at Davos people talk about stuff
01:14:58 01:14:59 but nothing ever happens.
01:15:00 01:15:04 This morning I attended a breakfast hosted by Mark Parker,
01:15:04 01:15:08 the CEO of Nike and it launched something I think is historic,
01:15:08 01:15:12 the Green Exchange and it’s basically using social network
01:15:12 01:15:16 so that companies will contribute their intellectual property,
01:15:16 01:15:21 anything processed, best practice, software ideas that have to do
01:15:21 01:15:24 with improving the environment, cutting carbon, and so on.
01:15:24 01:15:27 They're going to place it in the comments on the idea
01:15:28 01:15:31 not just a rising tide lifts all boats and the other big problem
01:15:31 01:15:34 in the world, but as part of a new thinking about open innovation
01:15:35 01:15:38 and competitive strategy and this is something
01:15:38 01:15:41 that’s really important, in any companies that are watching,
01:15:41 01:15:44 I’d encourage them to join in and participate.
01:15:45 01:15:47 And it makes a point about social networks, it’s not just about –
01:15:48 01:15:49 They make companies more honest.
01:15:50 01:15:51 Yeah, making friends.
01:15:51 01:15:54 It also enables companies to think differently
01:15:55 01:15:57 about intellectual property, to innovate differently,
01:15:57 01:16:00 and to solve some big social problems, so that’s very important.
01:16:01 01:16:02 Thank you, Don.
01:16:02 01:16:05 Now I'm going to ask the inventor of the web, Tim Berners-Lee,
01:16:05 01:16:07 to give us some thoughts.
01:16:08 01:16:09 Do you want to talk about –
01:16:09 01:16:13 I think, let me say about social networks generally that to ask a question
01:16:14 01:16:19 like that I think is wrong to treat them all the same
01:16:19 01:16:22 because it depends on how you design them
01:16:23 01:16:29 and little changes I think, for example Facebook
01:16:30 01:16:32 found just little changes in how you treat privacy
01:16:33 01:16:35 can dramatically affect the way the social network works,
01:16:35 01:16:38 the fact that eBay works isn’t because they handle money very well,
01:16:39 01:16:41 they protect their products really well, it’s because threw
01:16:42 01:16:44 in their reputation-based system for where you can trust the other person
01:16:45 01:16:47 and it happened to be a reputation-based system that worked.
01:16:47 01:16:51 Other sites that, I won't mention, but secure ones,
01:16:51 01:16:54 other sites in which people tweet about or give information
01:16:55 01:17:00 about what they typically think about what just happened where there is
01:17:00 01:17:04 a reputation-based system where people can push the messages up and down,
01:17:04 01:17:09 they don’t work and it’s still generally… when you go there you find
01:17:10 01:17:11 as much garbage…
01:17:12 01:17:17 It turns out that really small changes in the way
01:17:17 01:17:22 you design the interaction system, where you design this social machinery…
01:17:22 01:17:25 voting systems out there, well we’ve had voting systems…
01:17:25 01:17:34 on a social networks which breaks across countries and…
01:17:35 01:17:39 and actually can't we think of something better than voting,
01:17:39 01:17:44 I think we’d be using democracy because there would be nothing better.
01:17:45 01:17:46 Winston Churchill said for years and years and years.
01:17:47 01:17:49 On social networks, every single social network
01:17:49 01:17:53 we get a chance to redesign the way we actually make decisions together,
01:17:54 01:17:55 the way we collectively design towards the truth,
01:17:56 01:17:58 and I hope we’re really at the beginning of that path
01:17:58 01:18:01 in each of the social networks because at the moment, the experiments
01:18:02 01:18:03 and I hope we find some really effective ways
01:18:04 01:18:05 so that the problem would become very much more reliable
01:18:06 01:18:08 so that I can put much more trust in it.
01:18:08 01:18:13 So Tim you created the web, so how do you feel about this preferred –
01:18:13 01:18:18 I invented it, one person this guy sent me an email
01:18:18 01:18:20 and I called him back because he was really mad
01:18:20 01:18:22 and I said “I did not, I created the web,”
01:18:22 01:18:24 and he said “How can you say you created the web and...?”
01:18:25 01:18:29 So what do you think about the third question then?
01:18:30 01:18:33 What do you think we should do in institutions to make social networks
01:18:34 01:18:36 to make sure that they improve the world better?
01:18:38 01:18:42 Well actually I think we have to study, for example we’re subjecting
01:18:42 01:18:45 the people to study the web as a scientific discipline
01:18:45 01:18:50 because nobody is studying it and so we need people studying
01:18:50 01:18:53 social networks who combine some psychology and some anthropology
01:18:53 01:18:56 and the computer science… fancy new system.
01:18:56 01:19:00 So we need to study web science and look at what we’ve got
01:19:00 01:19:05 and really analyze how a need spreads, I think it’s fascinating how
01:19:05 01:19:07 a need spreads because of Twitter.
01:19:07 01:19:11 We need to do it because we need to build other systems
01:19:12 01:19:15 but also we need to analyze it because we need to figure out
01:19:15 01:19:19 whether the social network that we built now is actually unstable
01:19:19 01:19:21 and somebody thought of a really good conspiracy theory
01:19:21 01:19:24 which said don’t believe all the people of the world…,
01:19:25 01:19:28 don’t believe everything that you see, everything you hear on the news,
01:19:29 01:19:32 and don’t believe any of these bloggers but do go
01:19:32 01:19:36 and do something that’s very disruptive on the frontier.
01:19:37 01:19:38 Then how do we know?
01:19:38 01:19:40 Have we got any – we don’t know how the system works,
01:19:41 01:19:43 we don’t have to analyze how those so maybe the whole thing
01:19:43 01:19:45 could be like an unstable stock exchange,
01:19:45 01:19:50 or an unstable… exchange out there unless we think about it
01:19:50 01:19:53 just like we have to analyze the stock exchange.
01:19:53 01:19:55 Very interesting. Thank you, Tim.
01:19:56 01:19:57 George? And then Facebook?
01:19:58 01:20:01 You can switch to Facebook whenever you like in your computer.
01:20:01 01:20:07 So here a series of ideas which are probably unconnected
01:20:07 01:20:09 as they came out of their table, I think they were interesting.
01:20:10 01:20:13 Before I go there, this question about honesty,
01:20:13 01:20:15 my view has been for 10 years that it should be good
01:20:16 01:20:18 because in the future everyone will know everything about you
01:20:19 01:20:23 and although a famous golfer in the United States, Tiger Woods,
01:20:24 01:20:26 thought he could cover up for many years
01:20:26 01:20:27 and he found out he could not
01:20:27 01:20:30 and ultimately it will all come out whatever you do.
01:20:30 01:20:32 That’s scary. Thank you.
01:20:32 01:20:34 Yeah. He had to be mentioned this morning.
01:20:34 01:20:37 So changing society, a couple of points here.
01:20:37 01:20:40 I think it was made by our friend from Best Buy,
01:20:40 01:20:43 he said that one of the biggest impacts will be how social will change leadership.
01:20:44 01:20:50 I think it was Don who talked about Don talked about how some CEOs
01:20:50 01:20:53 were shutting down social sites and so there's going to have to be
01:20:53 01:20:56 some reformational leadership so that it’s a challenge to all leadership,
01:20:56 01:20:59 even CEOs, even Presidents, etc, number one.
01:21:00 01:21:04 And the second point of changing society is this is creating an obligation to listen,
01:21:04 01:21:11 not to talk but to listen, we all will have to listen.
01:21:12 01:21:14 So here are the risks.
01:21:14 01:21:17 A lash back by institutions, some people on the table thought
01:21:18 01:21:19 that there will be a lash back coming.
01:21:20 01:21:22 Institutions will shut it down and will stop it, it will censor it,
01:21:22 01:21:24 even in democracies.
01:21:25 01:21:30 Who said open was good? We all claim open is good.
01:21:30 01:21:32 Why did we claim that?
01:21:32 01:21:35 Three of the most secretive companies in the world: Apple, Google,
01:21:35 01:21:37 and Amazon are very secretive.
01:21:37 01:21:40 They love us to all be open but they don’t want to be open.
01:21:40 01:21:42 So who claims that open is good?
01:21:43 01:21:46 I'm hoping Steve Jobs who’s claiming that open was good.
01:21:47 01:21:51 And last thought here on the risks is that we,
01:21:51 01:21:54 and going back to Mr. Tapscott’s example about these videos
01:21:55 01:21:57 he got on education, you might assume
01:21:57 01:22:01 that that’s the general belief of the world but maybe it’s not,
01:22:01 01:22:05 maybe that’s a small slice, maybe we are taking these small samples
01:22:06 01:22:09 considering them to be the mass opinion, they may not be the mass opinion.
01:22:11 01:22:18 And last one on how we leverage this, you want to tell your story for Best Buy?
01:22:19 01:22:23 About harnessing young people?
01:22:23 01:22:25 Can you introduce yourself?
01:22:25 01:22:28 …with Best Buy.
01:22:28 01:22:31 I just wanted to – something we did with Twitter
01:22:32 01:22:34 which is just a practical thing that I think
01:22:35 01:22:38 back to Evan’s point where you’ve got to find businesses using it
01:22:38 01:22:40 and people ought to find use out of it.
01:22:40 01:22:43 We had an employee that came up with an idea
01:22:43 01:22:49 how the connection used Twitter to help customers with the problems
01:22:49 01:22:53 they might have with their computers, any computers or devices
01:22:53 01:22:55 that they're having problems with.
01:22:55 01:22:56 And how do you use Twitter?
01:22:56 01:22:58 We have a big work force, a young workforce,
01:22:58 01:23:01 probably the biggest, largest, organized young workforce
01:23:02 01:23:08 in America probably outside the Army and you have to engage this population
01:23:09 01:23:15 and you can't just kind of employ them in a contractual basis,
01:23:15 01:23:19 you have to inspire them, they come and go, they don’t have to work for you.
01:23:19 01:23:23 They can turn up in your building but they don’t have to work for you.
01:23:23 01:23:29 So one of the things that we did was this… you'll see it on Twitter.
01:23:29 01:23:31 So if you have a computer problem you can do it now,
01:23:32 01:23:34 you can just say “Hey my BlackBerry is not working.
01:23:35 01:23:41 I’ve got this, this, and this”…, and we have a voluntary army of employees,
01:23:42 01:23:45 now voluntary in the sense that they’ve all got jobs inside Best Buy,
01:23:45 01:23:48 they might be working in the store, they might be working in a call center,
01:23:48 01:23:50 they might be a corporate employee, could be just an employee
01:23:50 01:23:55 and they basically say “Hey we will sign up to solve problems”
01:23:55 01:23:57 and they just do this between things that they’ve got to do,
01:23:58 01:24:00 usually most of the time their boss is really happy with it
01:24:01 01:24:02 because it’s helping customers at Best Buy.
01:24:03 01:24:04 Do you pay them?
01:24:05 01:24:06 But they're employed by Best Buy.
01:24:06 01:24:07 But there's no extra pay for this?
01:24:08 01:24:09 No, no.
01:24:09 01:24:11 I mean it’s volunteer, they decide to do it.
01:24:12 01:24:15 What's interesting is that if they're in the store they're actually helping
01:24:15 01:24:17 the same customers that they're helping either coming
01:24:18 01:24:20 into the store so they're just meeting people where they are.
01:24:21 01:24:24 So that’s a useful little wave, about 3000 people have signed up for it
01:24:24 01:24:29 and it’s just a useful, helpful tool that came out of using Twitter
01:24:29 01:24:32 and so I just – that’s what it was.
01:24:33 01:24:38 And our last point was it’s more valuable listening to them than talking to them.
01:24:38 01:24:42 Thank you, George. Are we ready to end?
01:24:42 01:24:44 Owen, do you have anything from MySpace?
01:24:45 01:24:50 We’ll do some feedback from Facebook? Randi you want to?
01:24:57 01:25:01 Sure. So we threw out the same question to people on Facebook as we were discussing
01:25:01 01:25:06 and in about two minutes we had 6000 responses come in and overwhelmingly,
01:25:07 01:25:10 people are saying making people more connected with their friends,
01:25:10 01:25:13 I was secretly breathing a sigh of relief
01:25:13 01:25:16 that playing games online more was a –
01:25:16 01:25:20 That’s a sample of 6000 replying online in the last 15minutes?
01:25:20 01:25:21 Two minutes.
01:25:21 01:25:22 Okay.
01:25:25 01:25:28 And then what was interesting is there was a
01:25:28 01:25:36 some interesting age differences so we see people who are 35+
01:25:37 01:25:40 are more interested in the games and gaming section
01:25:41 01:25:46 and it was also interesting to see how being aware
01:25:46 01:25:49 of current events also ranged pretty important to people,
01:25:49 01:25:53 especially young people, we’re seeing 10%,
01:25:53 01:25:59 pretty significantly larger than game playing as being aware of the news
01:25:59 01:26:01 and what's going on in the world.
01:26:01 01:26:04 It’s just interesting I think to bring that many people
01:26:04 01:26:05 to the conversation also.
01:26:07 01:26:10 Yes, thank you. Very good.
01:26:10 01:26:14 So next table, you want to report for that table or is there anyone...
01:26:15 01:26:17 I'm David…
01:26:17 01:26:21 First of all my mother is addicted to Farm Ville
01:26:21 01:26:23 so keep your mothers away from the games.
01:26:24 01:26:31 She drives to the house and then she opens the computer
01:26:32 01:26:34 and like – to feed the cow before she’ll talk to me.
01:26:35 01:26:37 It’s dangerous this Farm Ville thing.
01:26:38 01:26:40 But I think the game part’s new.
01:26:40 01:26:43 Speaking of the games, I'm just going to try
01:26:43 01:26:46 and find some of the things from our table that I haven’t heard yet.
01:26:47 01:26:50 I think there was a good discussion about whether social networks
01:26:50 01:26:55 waste time or add time and I think the consensus from most
01:26:55 01:26:57 of the people at the table is that social networks
01:26:57 01:27:00 have improved value that they're saving both time and money.
01:27:01 01:27:04 There were companies that had cut their marketing budgets by 8%
01:27:04 01:27:07 because social networks were a more effective way to get the word out
01:27:08 01:27:09 and their employees were doing it.
01:27:09 01:27:12 People were having meetings for work reasons
01:27:13 01:27:15 and saving time because they just knew a lot more
01:27:15 01:27:17 and were finding faster answers.
01:27:17 01:27:19 So I think the general view was the impact on society
01:27:20 01:27:22 was to increase its value by saving time and money.
01:27:23 01:27:25 In terms of the risk, and I weigh it
01:27:26 01:27:29 because I think we had a slightly different view about the honesty issue.
01:27:30 01:27:32 I think we have a real concern about trust
01:27:32 01:27:36 and a real concern about truth not because people are inherently
01:27:37 01:27:42 not truthful but because there isn’t enough literacy to know what is truth
01:27:43 01:27:44 and what is not.
01:27:44 01:27:46 And we had profound stories that social networks
01:27:46 01:27:51 gave wrong information about companies which killed their stock prices
01:27:51 01:27:54 and then people made it back so there's no regulation on this,
01:27:54 01:27:56 the regulations haven’t caught up with it.
01:27:56 01:28:00 We think there's a real risk of the fact that there
01:28:01 01:28:03 is a generational knowledge being passed,
01:28:03 01:28:08 that people are using more education and... than teachers,
01:28:08 01:28:10 they always prefer to do that but now it’s becoming easier,
01:28:11 01:28:16 their reputations can move quite quickly and there's a real thinking
01:28:16 01:28:20 and I think we were hearing that earlier that people are moving fast.
01:28:20 01:28:25 So we do see a real risk to having literacy, education,
01:28:25 01:28:28 teaching catch up with this phenomenon.
01:28:30 01:28:34 Then lastly, in terms of what to do many things,
01:28:34 01:28:37 one is addressing the literacy issue, the other is we feel very strongly
01:28:37 01:28:39 about the digital divide.
01:28:39 01:28:40 There are 4 billion people
01:28:40 01:28:43 whose access to the internet is through their mobile phones.
01:28:43 01:28:47 They really use SMS, they need vaccinations,
01:28:47 01:28:51 they need to care for their children, they need news.
01:28:51 01:28:55 The economics and the technology are moving to more advanced things
01:28:55 01:28:59 but we can't forget these people because if they don’t come along
01:28:59 01:29:01 with us we’re creating two societies, not one
01:29:01 01:29:05 and that won't be good for society or its economics.
01:29:05 01:29:08 Very good. Thank you, David.
01:29:08 01:29:12 So this table, who reports? Owen?
01:29:15 01:29:18 So if anyone wants to intervene we have a little bit more than 10 minutes left
01:29:19 01:29:22 so let me know and at the end I will ask all the discussion leaders
01:29:23 01:29:26 to wrap up the session and talk to us about what they learned during
01:29:26 01:29:29 the session again so we have 10 minutes. Owen.
01:29:29 01:29:33 Great. First of all to the person that brought me the water, thank you.
01:29:33 01:29:35 I think I’ve never been so happy to receive a bottle of water before.
01:29:36 01:29:38 I can speak again.
01:29:38 01:29:43 We had a pretty broad ranging discussion that went a number of different areas.
01:29:44 01:29:48 The three themes that I think came out of it
01:29:49 01:29:55 were what impact can we have now that social networking is where it is
01:29:56 01:30:02 and I think the information that you shut down
01:30:02 01:30:04 one social network inside of a company or inside a community
01:30:05 01:30:08 and another social network just simply spurts up and takes off,
01:30:08 01:30:11 people move their social networking to another platform,
01:30:12 01:30:16 I think the general consensus around the table was that the genie
01:30:16 01:30:20 is out of the bottle, this digital disruption has occurred
01:30:20 01:30:24 and so we then try to direct the conversation towards
01:30:25 01:30:27 “Okay, how does that impact society?
01:30:27 01:30:28 What do we want to do? What should we do?”
01:30:29 01:30:36 One great point that was made by Jeremy was that there really is a difference
01:30:37 01:30:39 and that we should separate the issues of privacy
01:30:39 01:30:42 and regulation of data.
01:30:43 01:30:50 And this notion that data lives on forever and that there is a potential role
01:30:50 01:30:55 for regulation in terms of how it is that we should protect society
01:30:55 01:31:03 in terms of how we manage the data both in how companies use it towards business
01:31:03 01:31:09 and monetization strategies as well as how it is available
01:31:09 01:31:14 and certainly the role of government and the term “big brother”
01:31:14 01:31:19 was certainly brought up in availability of that data far into the future.
01:31:20 01:31:28 And then the last thing that came up at our table
01:31:29 01:31:33 and unfortunately we weren’t able to go into but I thought was interesting,
01:31:33 01:31:36 I think there was general interest in our table is our social networks
01:31:37 01:31:43 truly bringing together global communities like we oftentimes
01:31:43 01:31:48 think or hear that they are or are they really just bringing together
01:31:48 01:31:53 the communities that exist… to extend them maybe country by country
01:31:54 01:31:57 and one of the examples that was brought up was there
01:31:57 01:31:59 are social networks in certain countries that are much,
01:32:00 01:32:03 much larger – that are the dominant social networks
01:32:03 01:32:06 that aren’t MySpace or Facebook or Twitter
01:32:06 01:32:10 which I think we often perceive as the dominant social networks
01:32:10 01:32:12 that the entire globe is using.
01:32:12 01:32:17 We weren’t able get into the discussion but I thought the risk
01:32:17 01:32:21 was an interesting one so that was what our table discussed.
01:32:23 01:32:26 Okay, thank you very much.
01:32:26 01:32:32 I was trying to go to see what people were saying on Twitter
01:32:33 01:32:36 but there looks like we have a so let’s hear this one out.
01:32:36 01:32:38 Are people in social networks moving too fast,
01:32:38 01:32:41 sacrificing truth and reputation?
01:32:42 01:32:48 Lots of areas like hundreds and hundreds of pieces of feedback here.
01:32:49 01:32:54 Has anyone have any question or remark before we ask for discussion
01:32:54 01:32:56 leaders to wrap up the session?
01:32:57 01:33:01 Okay so let’s have a look at I was trying to find a question in there.
01:33:02 01:33:08 That’s one of the filtering issues here which you can see
01:33:08 01:33:12 is that filtering the questions from the rest is not the best.
01:33:13 01:33:18 All right, so I'm going to ask the discussion leaders to
01:33:20 01:33:24 Reid do you want to wrap up the session?
01:33:24 01:33:28 I'm sure you can share with us what you’ve learned
01:33:28 01:33:30 and where you see this is going.
01:33:30 01:33:33 I'm going to try and pass you the mike, very far away.
01:33:45 01:33:48 So this is something – I won't take this as what do I learn
01:33:49 01:33:52 because these are things I live and breathe on a daily basis.
01:33:52 01:33:55 What I will say is some of the things that I think have emerged
01:33:55 01:34:02 as means or ideas I think that some of the key questions
01:34:02 01:34:09 here are from hopefully mostly for good or majorly for good.
01:34:10 01:34:13 There is an inevitable tidal wave of what's happening in terms
01:34:13 01:34:16 of everyone being present with these technologies.
01:34:16 01:34:21 And while the maybe potential institutional back lash,
01:34:21 01:34:28 there maybe some question about is open inherently good although
01:34:28 01:34:31 I think many people will defend transparency
01:34:32 01:34:34 and openness is inherently good and maybe some companies
01:34:35 01:34:36 should be a little more open.
01:34:37 01:34:40 I think that the question is really given the fact
01:34:40 01:34:45 that that ship has sailed and we do live in an environment
01:34:45 01:34:50 where we are living in a network world, the question then becomes
01:34:50 01:34:52 how do you do that effectively, how do you minimize risk issues,
01:34:53 01:34:58 and how do you maximize the benefits that you can get from this.
01:34:58 01:35:01 And for example in terms of Facebook polls,
01:35:01 01:35:03 staying connected is extremely important not just socially
01:35:04 01:35:10 but also professionally in terms of what's going on in your industry.
01:35:10 01:35:12 Industries are in the process of I think a lot of transition.
01:35:13 01:35:15 You can just ask any journalist about what's going on
01:35:15 01:35:21 and you'll get a very good insight into how much these technologies
01:35:21 01:35:23 are actually changing the landscape in which we live.
01:35:23 01:35:28 And so both individually I think it should be good to have
01:35:29 01:35:31 a kind of what is your personal social media strategy
01:35:31 01:35:34 but also in terms of the organizations and what you're trying to accomplish.
01:35:34 01:35:40 I think thematically in terms of the fact that when you have this
01:35:40 01:35:43 openness what kinds of things can you accomplish?
01:35:43 01:35:45 Can you find talent and expertise two degrees away from you?
01:35:46 01:35:49 Can you publicize what your mission is or find people in the world
01:35:49 01:35:51 to participate in discussion that will help you with those things?
01:35:52 01:35:57 And I think that as you identify the issues I don’t think
01:35:58 01:36:01 you can hold back the future, I think you can just try to still the car
01:36:01 01:36:04 a little bit because the ship is left port. Thank you.
01:36:04 01:36:07 Thank you, Reid. So Gina maybe? Don and then Evan.
01:36:08 01:36:11 Gina are you ready? Don do you want to start?
01:36:13 01:36:24 Randi I'm sorry Mark is not here because I wanted to say to him
01:36:24 01:36:27 please don’t send out an email to 350 million people
01:36:28 01:36:30 because one of the unintended consequences of that was
01:36:31 01:36:35 for people who are Mark’s friends, all of a sudden the whole world
01:36:35 01:36:40 wanting to get closer to Mark sent friend requests to people like me.
01:36:40 01:36:42 I wondered what’s going on, I was getting hundreds
01:36:42 01:36:44 of friend requests coming in here every hour
01:36:45 01:36:47 and it’s like I must have done something really amazing.
01:36:48 01:36:52 Okay, I’ll just make one observation,
01:36:52 01:36:56 I’d like to go back into this thing about the issue about journalists
01:36:56 01:37:04 and that Michael talked about this world where we all thought that journalists
01:37:05 01:37:08 and the traditional newspapers with the source of all truth
01:37:08 01:37:10 and somebody said why is that the case.
01:37:10 01:37:12 Well obviously it has to do with the character of the old media
01:37:13 01:37:16 versus the news buff and they were able to establish that view
01:37:16 01:37:22 because they in fact ran the press and we had the traditional media
01:37:22 01:37:25 that was one, that it was centralized
01:37:26 01:37:27 and you can control the message so what we’re talking about today
01:37:28 01:37:31 is there's a new medium that’s highly distributed,
01:37:31 01:37:34 it’s decentralized, it’s one-to-one, it’s many of the many,
01:37:34 01:37:39 and freedom of the press was a great idea especially
01:37:39 01:37:41 if you're one of the press.
01:37:41 01:37:44 Well now we kind of all do.
01:37:45 01:37:48 So we have this thing that sort of has this awesome neutrality
01:37:49 01:37:51 and will it be good, will it be bad,
01:37:51 01:37:54 will it make us more open or not or whatever.
01:37:54 01:37:57 To me this is a reflection of everything that’s good
01:37:57 01:38:00 and bad in society and it will be what we want it to be
01:38:00 01:38:07 which is why issues like censorship, to make sure that they really
01:38:08 01:38:16 have privacy controls and so what are really key issue
01:38:17 01:38:20 but it’s not just for them, it’s for all of us in terms
01:38:20 01:38:21 of the way they use this technology
01:38:22 01:38:26 to ensure that it’s used for the public good
01:38:26 01:38:28 and for the good of all of us basically.
01:38:28 01:38:30 Thank you Don. Gina?
01:38:30 01:38:35 So let me maybe just summarize some of what I think are the interesting
01:38:35 01:38:39 contrarian views that I actually think came out in this conversation
01:38:40 01:38:41 that I thought was really cool
01:38:42 01:38:44 and also something we should continue to talk about.
01:38:44 01:38:49 One is secrecy and some of the most powerful companies
01:38:49 01:38:51 today in terms of driving growth and change
01:38:52 01:38:58 and real revenue are much more secretive than if you take corporations as a whole,
01:38:58 01:39:00 I think we need to look at that.
01:39:00 01:39:06 I think there are some sort of standard ways we talk about privacy
01:39:06 01:39:12 or transparency or trust at sort of a macro level,
01:39:12 01:39:15 I think we have to start from here and leaving this conversation
01:39:15 01:39:18 getting more and more granular in that conversation.
01:39:18 01:39:23 In some cases privacy matters and privacy is paramount
01:39:24 01:39:27 and I think in other situations we are going to be more transparent
01:39:27 01:39:31 and comfortable and I think from here I would encourage all of us to sort of
01:39:31 01:39:33 take it down the level in terms of granularity.
01:39:33 01:39:39 And I think the last point that was made here is that that it’s worth spending
01:39:40 01:39:44 more time on is the fact that small changes do make a big difference
01:39:44 01:39:51 and it is so easy whether you're creating services as some of us in this room are
01:39:51 01:39:56 and evolving them dynamically that small decisions
01:39:56 01:40:01 in the product actually have in some cases intending consequences
01:40:01 01:40:06 and in other cases unintended consequences that need to be looked at
01:40:06 01:40:11 and everybody is moving so fast and you're talking about this volume
01:40:11 01:40:14 of people using these social technologies in different ways,
01:40:14 01:40:20 our CTO describes it as three-dimensional chess,
01:40:21 01:40:23 and I think that that is very accurate here.
01:40:24 01:40:26 So I think there are so many things
01:40:26 01:40:28 that have been great that we’ve covered this morning
01:40:28 01:40:30 and I think the conversations and really the places
01:40:31 01:40:34 where there is tension and where there are contrarian views
01:40:34 01:40:36 are really the places to go from this.
01:40:37 01:40:41 Gina before we pass it to George, since the mike is here, just one question.
01:40:41 01:40:44 You have a collection of how many social networks on Ning?
01:40:45 01:40:47 There have been over two million Ning networks created
01:40:47 01:40:48 with 5000 new ones created every day.
01:40:49 01:40:51 So I just wanted some of your views on –
01:40:51 01:40:56 Some of those are domain-mapped so Camscore doesn’t actually – just as insight.
01:40:56 01:41:00 So some people are saying that a huge – Facebook, Twitter,
01:41:00 01:41:04 and MySpace will like take it all and I just wanted your views on that.
01:41:05 01:41:07 Are we going to have more millions of social networks
01:41:07 01:41:10 or is it going to consolidate into five or ten?
01:41:11 01:41:15 I don’t think it’s going to consolidate, I mean,
01:41:15 01:41:23 whenever you see technology trends you do see dominant players
01:41:23 01:41:27 in specific things, whether it’s LinkedIn professional identity,
01:41:27 01:41:31 whether it’s Facebook to connect you to the people that you know in your life
01:41:31 01:41:33 and you went to school with and others or whether it’s about
01:41:34 01:41:37 meeting new people around your interests and passions,
01:41:37 01:41:41 I actually think that all of these work so well together
01:41:41 01:41:46 that it’s not as though it’s some game and I think that when you actually look
01:41:46 01:41:50 at how technologies generally evolve they tend to go from their own
01:41:51 01:41:57 fixed experiences into platform experiences that have a lot of different ways
01:41:57 01:42:00 for people to interact with them and there's a place for both.
01:42:01 01:42:02 Thank you, Gina.
01:42:02 01:42:04 So real quick, we have a few minutes left, George.
01:42:05 01:42:08 Just a few quick thoughts on trust.
01:42:08 01:42:12 Forrester has done a number of surveys on trusted media
01:42:13 01:42:15 and blogs are one of the least trusted media
01:42:15 01:42:17 in the United States below magazines, newspapers, TV,
01:42:17 01:42:20 one of the least trusted media are blogs.
01:42:20 01:42:26 My feeling after two hours here is that this all feels very immature.
01:42:26 01:42:29 It feels like we’re sitting here on campfires
01:42:29 01:42:32 and why it’s like we’re just chewing on bones,
01:42:32 01:42:35 it just feels like we’re just getting going here.
01:42:35 01:42:40 That being said the door will not close, the door will open even wider.
01:42:41 01:42:43 And if you look at our data on the Y-generation,
01:42:43 01:42:48 that’s 18 to 28 versus the X-generation which is 29 to 40,
01:42:48 01:42:50 you see incredible velocity towards all these media.
01:42:51 01:42:52 So it is coming.
01:42:52 01:42:55 And I have a friend who’s my age who said none of the cool stuff
01:42:55 01:42:57 will happen until we’re all dead,
01:42:57 01:42:59 so we all could die before all the cool stuff could happen.
01:42:59 01:43:00 It feels immature but we’re going there.
01:43:01 01:43:02 Thank you very much. Evan Williams.
01:43:03 01:43:09 I agree with the notion that it’s very, very early and I think
01:43:09 01:43:15 of all the changes we’ve talked about probably we’re underestimating
01:43:16 01:43:21 where the changes will happen and how much they will happen
01:43:21 01:43:23 to these technologies.
01:43:23 01:43:27 Then on a positive note one thing I don’t think I’ve talked about enough
01:43:27 01:43:32 and really changes society is where the dramatic things happen
01:43:32 01:43:38 in society is that we don’t have freedom of expression or we’re undergoing crisis
01:43:38 01:43:41 and this is something that I think these technologies
01:43:42 01:43:45 do in a powerful way that didn’t happen before.
01:43:45 01:43:48 Basically if you give people a way to form groups
01:43:48 01:43:51 and to find that there’s someone else out there who shares
01:43:52 01:43:58 a notion to do something, the likelihood of doing something dramatically skyrockets
01:43:59 01:44:04 and this is something that we’ve seen on Twitter many times
01:44:04 01:44:08 they get excited with simple things like in a story we heard
01:44:08 01:44:11 a couple of years ago when someone tweeted something in Toronto
01:44:11 01:44:14 and it was around Christmas and it was really cold outside
01:44:15 01:44:19 and they got the notion to go outside and do a spontaneous sort of effort
01:44:19 01:44:23 to go help the homeless people and give them clothes and food.
01:44:23 01:44:26 And it was a person sitting alone in their apartment
01:44:27 01:44:30 and because they were able to connect with others online they formed a group
01:44:30 01:44:32 who just went out to the streets and did that right then
01:44:33 01:44:36 and it became something that they did regularly.
01:44:36 01:44:41 And then you see the huge movements to help people out in Haiti currently
01:44:41 01:44:43 on all the social networks.
01:44:44 01:44:48 And I just tweeted and I learned a new term from Oreo here,
01:44:48 01:44:54 slaptivism, it’s about people feeling like they did something by putting
01:44:55 01:44:59 a ribbon on or tweeting that you should donate money,
01:44:59 01:45:01 perhaps if they haven’t donated money themselves,
01:45:01 01:45:04 and feeling good about that, that is definitely happening
01:45:04 01:45:08 but I think it also is a fact that more people are doing stuff
01:45:09 01:45:11 because they're motivated by others around them
01:45:12 01:45:14 and they're connected to instead of sitting in their apartment
01:45:14 01:45:17 and that’s very promising to me. Thank you.
01:45:17 01:45:18 Thank you, Evan. Mousa Musa.
01:45:19 01:45:24 Yeah I think we’ve learned something really big here.
01:45:24 01:45:28 As the statistic on Facebook is that young people
01:45:28 01:45:35 are more aware of current events, they're more interested in current events, right?
01:45:36 01:45:39 And with the terms that people are backing social causes
01:45:40 01:45:45 on social media I don’t see a reason why we shouldn’t make them more social,
01:45:45 01:45:49 while we shouldn’t have a branch dedicated to social causes
01:45:49 01:45:53 because it’s not just about social causes, there's also business in it as well,
01:45:53 01:45:55 you're attracting teenagers.
01:45:55 01:46:00 And as Forrester, the statistic is people under 18
01:46:00 01:46:04 are double so there will be more double people interested in your current events
01:46:04 01:46:09 so if you just put more interest into social activity more people will join.
01:46:09 01:46:11 Thank you. Can you pass the mike
01:46:12 01:46:16 to Randi Zuckerberg while he hear Owen Van Natta, closing remarks?
01:46:22 01:46:24 It’s interesting, we came together
01:46:24 01:46:27 to talk about how social network is changing society
01:46:27 01:46:30 and I think there are a lot of really great ways that social networking
01:46:30 01:46:35 is having a super, big, positive impact on society
01:46:35 01:46:37 and some of them have been mentioned here.
01:46:38 01:46:42 We bring together this group of people who are obviously interested
01:46:42 01:46:45 in discussing this issue and one of the things
01:46:45 01:46:49 that I take away from it is we’re all very concerned about privacy,
01:46:49 01:46:55 we’re all very concerned about how youth is operating within these social networks
01:46:56 01:47:00 and how they may not understand the future implications of what it is that they do today
01:47:00 01:47:06 and one of the things I take away from this is that somebody
01:47:07 01:47:12 who is part of one of these social networks, we have a responsibility
01:47:13 01:47:19 to make sure that we are transparent and that we don’t confuse people,
01:47:19 01:47:21 that they understand what it is that they're doing.
01:47:22 01:47:25 We may not be able to educate them as to exactly what the repercussions
01:47:26 01:47:28 will be if they put pictures up of themselves in college
01:47:29 01:47:32 that they ultimately 10 years later are not going to want digitized
01:47:32 01:47:35 and available on the web, that s something that society
01:47:36 01:47:39 and social norms are going to have to, I think,
01:47:39 01:47:44 ultimately impact but what we can do is we can make sure
01:47:45 01:47:47 that we don’t obscure things and we don’t confuse users
01:47:48 01:47:51 and it’s something that I can tell you, as we take a much more user-centered
01:47:51 01:47:54 approach to how it is that we’re building out MySpace,
01:47:54 01:47:58 we’re committed to making sure that users at least understand exactly
01:47:58 01:48:03 what privacy settings are, what is being shared in what places
01:48:03 01:48:07 and how does that information flow, so those are my thoughts.
01:48:07 01:48:10 Thank you, Owen. Randi, closing remarks.
01:48:10 01:48:15 Thanks. So at our table we discussed identity quite a bit,
01:48:15 01:48:18 I think that’s going to be the huge trend of 2010 that we discussed
01:48:18 01:48:21 how to take your identity and carry it with you wherever you are online.
01:48:22 01:48:25 I also thought there was an interesting point too about current events
01:48:26 01:48:29 and looking at people aged 13 to 17, how interested they were.
01:48:29 01:48:34 One of the questions I get asked a lot is old media versus media which I hate but,
01:48:34 01:48:37 are they cannibalizing each other.
01:48:37 01:48:41 I think that there's incredible opportunity for every one to work better together.
01:48:42 01:48:44 I think you need that social filter of what your friends are saying
01:48:45 01:48:47 but you also really need that expert content
01:48:47 01:48:50 and that’s more important to us than ever right now.
01:48:50 01:48:55 I also still agree that we’re still at the beginning of unlocking the potential.
01:48:56 01:48:58 We’ve certainly come a long way from a few years ago
01:48:58 01:49:01 when people said “We’re just going to hire some college
01:49:01 01:49:03 interns to manage our social media presence,”
01:49:04 01:49:06 and a long way from a year or two ago when politicians were saying
01:49:07 01:49:09 “I don’t know, should I get on these sites?”
01:49:09 01:49:11 and connect with people.
01:49:12 01:49:18 But at the same time when I look at how it still excited the media,
01:49:18 01:49:21 it gets about like “Oh my God, this situation happened in Haiti
01:49:22 01:49:24 and people respond on Facebook and Twitter,”
01:49:24 01:49:27 I mean, of course they respond there because that’s where people are
01:49:28 01:49:31 and that’s where 350 million or 500 million people around the world
01:49:32 01:49:38 are and I hope that we get to a time when that’s not exciting to media
01:49:38 01:49:42 any more because it just fully integrated that people understand
01:49:43 01:49:44 that that’s where people are taking online.
01:49:45 01:49:47 And then the last thing, someone made a really interesting point
01:49:47 01:49:51 about – that we need to do a little more research,
01:49:51 01:49:53 we need to work with data a little more in the academics.
01:49:53 01:49:57 I think that we really are in a position of responsibility
01:49:58 01:50:01 that we need to understand the impacts this is making on the world,
01:50:01 01:50:05 how people are forming connections in unlikely areas of the world
01:50:06 01:50:09 and how that can impact for social responsibility.
01:50:10 01:50:12 Thank you, Randi, and all the discussion leaders
01:50:12 01:50:16 and all the thousand people or so who watched us live on this…
01:50:17 01:50:24 So those feed cameras are here if you want to leave a thought about the session,
01:50:24 01:50:27 just one and Steve will load them to YouTube as well.
01:50:27 01:50:29 They are not to be taken away, please,
01:50:29 01:50:31 but you can do that you can be on the Davos channel
01:50:31 01:50:35 and I want to thank you very much and have a great World Economic Forum.
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