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This kind of analysis is worth money. A whacking whole lot more than the 15 year old internee at a London bank got for telling the old financial fogies that twitter was passée.

Millions of hours of thought every day, around the world, go into how to exploit the intertubez.

You can't be me, I'm taken

by Sven Triloqvist on Tue Jul 14th, 2009 at 01:40:09 PM EST
Sven Triloqvist:
Millions of hours of thought every day, around the world, go into how to exploit the intertubez.

Frighteningly true. The energy that goes into all this - the leveraged energy - is stunning.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Jul 14th, 2009 at 02:31:12 PM EST
[ Parent ]
What do you mean by leveraged energy?  That people are betting that other people will be able to figure out ways to exploit the moneymaking potential of the internet by working with the logic of the search engines to come up with ways to get their websites to come up at the top of the lists and make tons of money?  Are there people borrowing money to hire people to do this?  Another bubble perhaps??
by jjellin on Wed Jul 15th, 2009 at 09:00:25 AM EST
[ Parent ]
Well, I don't know how much you need to start up as a newbie (and I'm not getting close enough to these creeps to find out), but it's possible some people are drawn in and borrow to put up a stake.

But I used "leverage" figuratively (which is the case in finance too). Used here, it means getting greater effect from act a or b, by multiplying the networked relays of that act. The term is used by the spamdoctors themselves - one I recall, for example, has an e-book to sell you on Leveraging Yahoo! Answers. So I also spoke of leveraging Web 2.0: ie multiplying effort by use of its rapid networking potential.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Jul 15th, 2009 at 10:55:53 AM EST
[ Parent ]
oooh, wow--I gots  alot to lern.   Thanks for giving me something new to chew on.
by jjellin on Wed Jul 15th, 2009 at 12:01:58 PM EST
[ Parent ]
Well, I don't know how much you need to start up as a newbie (and I'm not getting close enough to these creeps to find out), but it's possible some people are drawn in and borrow to put up a stake.

On one of these forums I dived into, it was apparent that all the programs the spammers use are for money -- what's more, forums for discussing the use of those is for money. That was very Amway-ish for me.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Wed Jul 15th, 2009 at 12:05:18 PM EST
[ Parent ]
But I used "leverage" figuratively (which is the case in finance too).

Putting effort into the process of getting others to put effort into the process ... that's leverage all right. Now, we would hope that the people at the bottom of the pyramid are not putting in more time and money than they can afford to lose ... but given the logic of pyramid schemes, it will tend to be the ruthless in taking advantage of the gullibility of others that will build the largest pyramids.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Jul 15th, 2009 at 01:55:01 PM EST
[ Parent ]
The Wild, Wild West took, what, 60 years to rise into lawlessness and then finally be subdued and joined to the East.

Things happen faster today, but the coming shift will probably be propelled by an equivalent to the US Civil War.

You can't be me, I'm taken

by Sven Triloqvist on Tue Jul 14th, 2009 at 03:00:35 PM EST
[ Parent ]
The Wild West never died. It's one of the foundations of the US gun (out of) control mythology and the libertatian craziness that goes with it.

People still shoot each other in the streets.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jul 15th, 2009 at 06:17:36 AM EST
[ Parent ]

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