Social networking is the new big buzz for businesses (even Banks) and how they can be used as a competitive advantage. This talk from Nicholas Christakis outlines how in the real world social networking is already being used as a tool, but remember that Face-hole and Tweeter are both also tools being used by Marketing Companies and worse by some very nefarious folks who are looking to find out as much as possible about you, that they can.
Will social networking enter into the Financial World in a strong way? Not sure, but I am sure the banks are trying very hard to figure out how they can cash in on this.
After mapping humans’ intricate social networks, Nicholas Christakis and colleague James Fowler began investigating how this information could better our lives. Now, he reveals his hot-off-the-press findings: These networks can be used to detect epidemics earlier than ever, from the spread of innovative ideas to risky behaviors to viruses (like H1N1).
Interesting ideas, but again, be careful what you tell folks about yourself on the web.
Other Ted Talks
- Barry Schwartz asks why have we lost our financial wisdom? Darn good question.
- Julian Treasure talks about how Noise Affects our Health and 8 steps to keep sound health.
- Does Democracy stifle economic growth? Yasheng Huang thinks so.
- Cities As a Mathematical Model is an exciting model idea
- Seth Godin talks about how the technology landscape is littered with broken things.
- Does Education need to change? Sir Ken Robinson thinks so, and I am inclined to agree with him.
- How do we Innovate to a zero energy footprint? Bill Gates has some ideas, it seems.
- Can low cost eye care be world class? Thulasiraj Ravilla thinks so.
- Rewiring the Brain may be needed in the future, given how damaged some brains have become due to how fragile the brain is.
- Cliff Stohl was the original Hacker-Catcher but he also espouses the value to continual learning
- Graham Hill wonders can you be more happy with less stuff? Less clutter is a good thing, we know that, so maybe he isn’t far off.
- There is a right and wrong way to tie your shoes? I did not know that, until Terry Moore explained it to me.
- Nigel Marsh wonders if it is possible to create a work life balance? Not sure how that works.
- Does anyone know what technology wants? Kevin Kelly thinks he has an idea.
- TED’s Chris Anderson says the rise of web video is driving a worldwide phenomenon he calls Crowd Accelerated Innovation
- Did we get different consumer behaviour after the 2008 crisis? Not really. That’s why we had the 2023 crisis.
- Can social media predict epidemics or pandemics? We saw something like this with COVID-19.
- Jay Walker seems to think that English is the second language in the world? Might be right.
- How can we combat modern slavery? Most major economic empires or empires in general were built on slave labour, how do we break this cycle?
- What is the Bio-Future of Joint Replacement? Are we just going to use metal and plastics?
- Mandlebrot wishes to talk to you about the roughness of shapes. He has written about Turbulence in Financial Markets
- Philip Zombardo talks about the psychology of time, which is always interesting.
- Measure What Makes Life Worthwhile, Chip Conley may have some ideas for you.
- Billy Graham talking about technology and theology? Pastor Graham is a strong orator, not sure I buy into all his messages.
- What happens on losing everything in a fire ? A very interesting question answered in this very interesting Ted series chat by David Hoffman.
- A former salesman tells you that sometimes the Simple Answers are the right answers.
- The Canadian Medical System can take its time on some surgeries, but two years for a hip?
- Lies, Damn Lies and Statistics is a typical theme but in this case with a bit of tongue in cheek.
- Can Money buy happiness? According to Benjamin Wallace not really, but your misery might be more enjoyable?
- Temple Grandin talks about being Autistic and her fight to live in our strange world.
- James Randi’s skepticism helped debunk a lot of hokum that arose in the 20th century.
- With profound simplicity, Coach John Wooden redefines success and urges us all to pursue the best in ourselves.
- The Spectre of Denial of vaccines and medical solutions is now the normal view of things, and that is quite worrying.
Marketing through social networking is a good idea, but I am not too sure how would people react to it.
As selling a physical product is okay but to promote a financial product through social network especially after so much of internet scams, I doubt anybody would be keen to respond.