Posts Tagged ‘davos08’

New business models for news

Tuesday, February 12th, 2008

No doubt to the frustration of my fellow organizers, I’m still thinking through the format and agenda for the New Business Models for News conference we’re holding at CUNY in May and want your advice.

I was influenced watching the Google team at Davos and by a session on innovation there: I saw that engineers don’t start with neat ideas. They start with problems and then seek solutions.

Too much of the discussion about the future of news has been focused on the blind hope for some neat solution: an iPod moment or a white knight or even, god help us, government support. And too much of the parallel discussion about media on the internet is about neat things.

Instead, I think we need to identify the problems and then have a rational search for solutions. So I’ve been focusing my thinking on expressing our problems — or call them our challenges and opportunities — as the agenda for the meeting. My thoughts:

* Efficiency: See the results of my back-of-the-envelope survey asking what should be cut from newspaper budgets. There is no shortage of suggestions. I think we need to have a hard-nosed discussion about the efficiencies that can be found in news. The negative way to say that is that we’re getting rid of commodified fat. The positive way to say that is that we must boil down what we do to its essence, its greatest value. And the internet gives us opportunities to be newly efficient — it is journalism’s internet dividend. So what can and should we do without? What do we absolutely need? How can we use technology to find efficiencies? What is the proper organization of a news company (see Dave Morgan’s proposal to split up newspapers)? What does efficient journalism look like?

* Networked content: It is a precept of mine, at least, that one way to expand journalism’s reach even as revenue and organizations shrink is to work collaboratively outside our organizations. That was the subject of our last conference on networked journalism. So let’s come up with real solutions using collaboration. Where could it help? With what kind of stories? What kinds of beats? What tools do we need? Training? What’s the business relationship?

* Networked advertising: I also believe that the key to making the networked architecture work is advertising to support and motivate new creators and to have control over their quality. We are beginning to see examples of this: blog ad networks from the Washington Post, the Guardian, Reuters, and Forbes; Reuters selling the Guardian’s international advertising (just announced); Glam.

* Innovation: We’re going to get nowhere if we don’t start inventing new products, networks, means of work, means of distribution, technologies, and business models for news. This is just not happening in the industry now, especially in the U.S. So how do we jumpstart it? I’ve been working on starting an incubator. At Davos, some innovators suggested to me that we should start an X prize contest to solve some of our problems, (e.g., an open-source ad network; geotagged news….). Do we need to start an investment fund across media companies? What should universities do?

* New revenue: There may not be any. It may all be advertising. And too often in this discussion, all hope is thrown into this bucket: There’ll be some new ad product or there’ll be some foundation that out of the goodness of its heart decides to feed a newsroom. Ask any foundation whether that’s likely. It’s not. But public support of journalism is one model: see NPR, Pro Publica, and the Center for Public Integrity. There may be new models for supporting high-quality journalism. (One idea I’ll write about soon is what I call reverse syndication: What if the LA Times pointed its traffic about Baghdad to the NY Times’ reporting and rather than the NYT charging the LAT, it pays for LAT for the traffic, which it monetizes to help support the bureau?) I’ve long thought that subscription models won’t work. Prove me wrong. Come up with other new models we should be testing.

How does that sound as the basis for discussion — and more than discussion: real plans?

Davos08: Me and my DNA

Monday, January 28th, 2008

23andMe, the DNA company, offered free tests to 1,000 of the Davosati, unlocking our DNA for each of us, telling us about certain genetic propensities, identifying our heritage, and opening up a new social network of the gene.

We went to a booth in the fancy party hotel and spit — and spit and spit and spit some more — into a plastic tube and created a web account. Investor Esther Dyson even brought a few kits with her to the fancy final-night dinner party and had moguls salivating. In a few weeks, I’ll have my report back. This one is on the house for Davos participants. Otherwise, it costs $1,000.

I’ll confess that it is a little freaky. I’m unlocking secrets that have been with me since birth and my family since Adam. In there could be my fate, God forbid, if I have a propensity toward one disease or another. There goes a bit of free will out the window. On the other hand, if I can avoid disease because I am informed, I’ve just gained more power.

I also am dying to get the report on my ancestry. It is filled with mystery because my family tree grew on the rocky slopes of Appalachia. That is, we’re hillbillies. My grandfather’s father is unknown — we think his name was (and thus mine should be) Reilly (or is that Riley?), but we’re not sure. So for all I know, I’m Irish. My wife looked at pictures of my grandmother on the other side and insists she looks black. So maybe I’m African. We all want to know our roots. I was jealous of my wife’s ability to track her family to Germany and for us to meet them. I’ll never be invited to the Reilly family reunion.

It’s just information, my DNA. That was the point made by Craig Venter and Richard Dawkins at the DLD conference in Munich last week. Venter pretty has pretty much proven that he could take my DNA and put it in you and suddenly you’d be blogging and talking fast. We are merely vessels — media — for the data in our DNA.

Does this give me fantasies of cloning myself? No. There are enough of me. And if another of me turned out to be wildly successful, I’d feel like such a failure.

It’s hard to imagine that I’ll end up joining some social network around my genes, but I won’t rule it out, especially if there turns out to be a problem. As I’ve recounted here, by revealing my heart condition (atrial fibrillation; in control; thanks for asking), I’ve gained support and information from the experience of others. It even helped that Tony Blair had the same condition treated, because the media covered it and linked to yet more resources.

I’m sure doctors are hating this. At the Davos session I moderated on stimulation (no, not that kind), I sat next to two doctors who hated their patients coming in with information on the internet. They complained that some had misinformation and some were suffering from online-induced hypochondria. I argued back that their response should be to point their patients to good and reliable information resources online. I said that they, like media, should act as curators.

So unlocking our DNA may well link us to communities of information that can be helpful.

Finally, I wonder whether there’s information in aggregate that will come out of this new industry. Can we discover more linkages between disease and genes because there is now more data that we provide in return? In other words, maybe the lung blowouts that I share with my father (and Patty Hearst, by the way — another celebrity disease connection) can be attached to a gene if enough of us report the condition and turn out to have common elements in our DNA.

And with this free offer from 23andMe at Davos, perhaps the company will be able to find out just how weak the gene pool of the rich and powerful really is.

I’ll report back when I get my data.

Davos08: Notes

Monday, January 28th, 2008

The odd from Davos:

* People were constantly asking each other what the mood of Davos was this year, as if it were the pulse of the world. I liked the Piano Bar index: It was said to be less crowded this year than in the past. Uh-oh, downturn. I’d characterize the mood as wishfully optimistic — they all wished to be optimistic.

* Good Tony Blair line: “In today’s world, left and right can be less important than open and closed.”

* The YouTube Davos Conversation Page alcove turned into the Web 2.0 newsroom. Big media were outside in a tent — a “semipermanent structure,” they call it — sitting at crowded tables. The bloggers and vloggers hung out by YouTube. This also meant that they were on the floor, in the thick of the action, and picked up more stories.

* People-watching is half the fun. One night, I managed to weasel my way into a reception thrown by Kleiner, Perkins for Al Gore and Bono. George Soros was hanging out in the corner. I met Elllie Wiesel on the line for the metal detector. Ran into David Cameron and shot the video below. I was at two dinners with Emma Thompson and sat across the table from Howard Stringer and Jeff Zucker. That’s how nutty this place is.

* Best purchase I made was crampons for the heels of my shoes so I wouldn’t fall and break my ass on the steep climb to my hotel. I’m clumsy and it’s icy everywher, which is a perfect combination for personal disaster. Except I managed to spike my own pants. That’s just how clumsy I am.

* Every man at Davos was breathless at the beauty of Jordan’s Queen Rania. During one session, I looked up at her gigantic image on the screen behind her and was also dazzled by the countless diamonds on her big and beautiful earrings. I turned to a master of the one-liner behind me and said I wondered what they were worth. His response: “She’s worth it.”

* Davos versus other conferences: Better food, worse schwag. All I came away with was a U23D hat from Bono’s movie (which was promoted masterfully by Hollywood guy Sandy Climan and frequently by Al Gore), a Turkish tie (I didn’t know they liked ties), a YouTube kit hat (purposefully dorky), and a Google scarf (which you’d know only because it’s so damned red — there’s Google’s subtlety for you).

* I was enthralled watching Israeli investor Yossi Vardi at DLD and Davos. He’s a power behind technology, business, and politics (which means international politics) at Davos. He brings his companies along like ducks behind him and generously introduces him to everyone he can; I enjoyed meeting them all. He pulls together an annual breakfast for Shimon Peres, where we heard leaders from Jordan and Palestine and America talk about their common ground and common projects. Everyone knows Yossi. I talked with him about his investment philosophy and hope to talk with him again and write about it.

* Speaking of Yossi, there’s one leftover note from DLD in Munich that I didn’t have time to write about before I left: Yossi brought his friend, Israeli orchestral conductor Itay Talgam, to talk with the DLD crowd about management. It was magnificent. He showed us video of conductors Richard Mutti and Erich Kleiber, contrasting their styles and showing us how they inspired or limited creativity. Mutti is strict. Kleiber inspired and enjoys and gives his performers the room to create. I can’t do it justice in a blog post but if you have a convention or big business meeting, get this man there. Clay Shirky said afterwards that Talgam made him rethink some of the ways he teaches; me, too.

* Marcel Reichert of Burda and I talked about magazines’ position in the new media world before he went on a panel and we agreed that they have a strength because there is already a community around them that is waiting to be connected. Marcel came up with a word to describe this that I love: They are “precommunities.” Communities waiting to be enabled.

Davos08: The Davos Question & answers

Monday, January 28th, 2008

Here’s my answer to the Davos question. In a word: transparency.

The question was: What one thing do you think that companies, countries, or individual must do to make the world a better place in 2008. A few hundred left responses before Davos. More than a hundred responded at Davos. Altogether, these videos have been watched more than 350,000 times.

Yes, the question and many of the answers are save, even rather insipid. But this was a symbolic act that had an impact at Davos. This is what I wanted to do last year when the Davos Conversation was started (disclosure: I worked on that). I wanted to bring the faces and voices and views of the world into Davos and have the powerful there respond. And so it’s a start.

Google cofounder Sergey Brin is asked what Google can do to help voting. His answer: YouTube.

Rick Warren, pastor at a megachurch and author of megabooks, uses his moment to promote “the faith sector” to equal status to the public and private sectors of society. “The Christian church is bigger than China. It’s bigger than India. It’s bigger than China and India together,” he brags.

Bono tells people not to let politicians slip on the Millennium Goals:

Yo Yo Ma tells us to work hard and be loving:

Hamid Karzai just tells us to be nice:

Here’s my video of Henry Kissinger:

Here’s the summary of the outsiders’ comments shown to the opening of Davos:

Davos08: The Google environment

Monday, January 28th, 2008

The other day, I live-blogged the Google Foundation conversation about its work in energy and other areas. What fascinated me was seeing a world as run by engineers. YouTube put up the full video:

Davos08: Conversation v. performance

Saturday, January 26th, 2008

Last night, I got to go to a cultural dinner with a dozen artists scattered around the room: pick your person, pick your medium. Cellist Yo-Yo Ma was at the table behind; Florian Henckel von Donnersmarck, writer and director of the wonderful film The Life of Others to the left; theatrical artist Peter Sellaras to the rear; musician Peter Gabriel limping (on a broken foot) from over there.

I grabbed a chair at novelist Paulo Coelho’s table because I’d heard some of his story of interacting with his community of readers at DLD and wanted to hear more (and I’ll call him to write a longer post soon). I was having a ball but then the dinner shifted to presentations from the artists, starting with Catterina Fake, who showed how she enables art from everyone on Flickr. Some of the talks were good, some weren’t.

What really struck me was the contrast between conversation and performance. Of course, we value performance from artists. But given the opportunity to converse — on a blog or at a dinner — we have a richly different experience: probing, questioning, responding, learning. Is conversation art? Well, of course it can be. I don’t mean to say one is better than the other, but once the artist stands before an audience, it can become an act of showing off. It becomes, almost by definition, self-conscious.

Now clearly, artists can’t afford constant conversation. But note that more and more, artists are using their art to promote their appearances — note Madonna’s new representation deal that puts concerts first and Peter Gabriel’s argument that pirated CDs are marketing for concerts. It’s not just a matter of economics — the record business falling apart — but also of a new relationship between artists and fans, who seek more of a personal touch, more of a relationship. Coehlo, in return, also seeks a relationship. That is why he blogs.

In an era when media, including art, are becoming dominated by the internet, we need to recognize the impact of the idea that the internet is less about content and more about relationships. Is art at its heart content or a relationship, a conversation?

Davos08: David Gergen boogies

Saturday, January 26th, 2008

Last night’s Google party is the party of parties in Davos — and isn’t that, itself, a commentary on its power in this world. There you have the old and powerful and the young and powerful mixing to loud music and sushi. It yields wonderful scenes like this one: long-time White House adviser David Gergen boogying:

Davos08: Collaborative innovation

Friday, January 25th, 2008

In a session on collaborative innovation — a theme of this year’s Davos — Mark Parker of Nike tells the crowd that Nike plus — the gadget you put on your shoe to hook you into your iPod and the internet and a network of runners — has hit 40 million miles run so far. What’s coolest is that the system connects runners so they communicate and get together to organize races. The internet is all about making connections. Those who enable those connections win.

Later, Reuters’ Tom Glocer says the company has an internal innovation program that budgets money to ideas employees can submit in one page.

Davos08: Wireless

Friday, January 25th, 2008

“If you defend the status quo when the quo has lost its status, you’re in serious difficulty,” says Sony head Howard Stringer in a panel on the future of mobile. “It’s a most exhilerating time” because it’s all up in the air. A year ago, he says, cable companies were negotiating from a position of strength. But look at their stock prices now; they reflect the walls falling around them. This has made them nicer to deal with. But he’s not saying he’s sitting in daisies himself. “It’s going to be hard to hold onto the price of content.” Then again, he turns to a Chinese mobile phone mogul and says that if Sony could sell just one song to each of his 500 million users, his music company would be instantly (and apparently finally) profitable.

Stringer, the funniest man at Davos (far funnier than Al Gore), says out of nowhere that he likes Google. Why? asks moderator David Kirkpatrick of Fortune. Because Google’s going to buy wireless spectrum and they’ll be in his business even more. The only reason he came onto the panel to be close to Google’s Eric Schmidt.

NBC’s Jeff Zucker says mobile is not that important to the network. Nonetheless, they’re going to put out 2,200 hours of programming on mobile from the Olympics.

Stringer says young people will drive usage in ways we can’t predict. The hot fact passing around conferences this week is that novels written — written — on mobile phones are selling like crazy in Japan. Stringer says mobile will be the platform for everything.

Google’s Schmidt asks what’s new “and I think it’s the arrival of short-form video as a category.” He says it’s not a replacement for a prior form but an entirely new form.

He also says he is so bullish about mobile as a business because he believes the players are motivated to make sense of the current lack of standards and create a unified platform.

There’s much discussion about openness from regulation to devices to business models. From the audience, Jonathan Zittrain asks about whether an open system will bring us viruses on our phones and a new frontier of unreliability. Schidt responds: “Open platforms are like Linux, not like Windows.” Oohs from the geeky audience.

Michael Arrington asks FCC Commissioner Kevin Martin about the open letter Google wrote requesting openness in the upcoming spectrum auction, wondering whether this made the decision harder — as pressure — or easier, as covering fire with the other commissioners. “The open letter is nothing like the pressure that others can put on in more private ways. I actually appreciated the openness of it,” Martin responds.

Somebody asks whether any of the companies represented planned to include scent — olfactory functionality — in phones since it’s the only sense not addressed by the internet. Gawd, and you thought it was irritating to hear other people’s mobile phones. I dread having their smells waft my way. Another person from the audience whether anyone is working on holographic images to replace the tiny screen on mobiles. That doesn’t seem to be in the works, either.

Davos08: David Cameron on small video

Friday, January 25th, 2008

I ask David Cameron about WebCameron and how he talks to the small camera instead of the big one — recorded on my small Reuters mojo camera.

Here’s my Guardian column on Webcameron.

Davos08: Metavideo with Scoble

Friday, January 25th, 2008

Robert Scoble as been using qik.com and his camera phone to broadcast live all around Davos. So I used my Reuters mojo phone camera to record him on video.

Davos08: Google’s environment

Thursday, January 24th, 2008

I’m at a surprise session with Larry Page, Sergey Brin, and the Google Foundation’s Larry Brilliant, moderated by Tom Friedman. Liveblogging:

The key difference between this and the Gore-Bono panel prior to this is that Gore concentrated on the things we must stop doing — as the movement does — while the Google team concentrates on what we can start doing, thanks to technology.

Brilliant says after the Bono and Gore session earlier: “It’s true that climate change takes the oxygen out of the room.” In other words, it takes attention and effort away from poverty and development. He says we have to get over our cultural ADD and handle more than one crisis at a time.

He outlines the Google Foundation’s priorities. They believe that people don’t know what services their governments offer and so they help inform them and help governments get that message out. Another priority is job creation. Less than 15 percent of jobs in the developing world are from small and medium enterprises and they are targeting growth there. In health, they are concentrating on diseases that jump from animal to human, such as AIDS, and become pandemics. They are funding early-warning systems. They concentrate on climate change: making ecological power cheaper than coal-fired power. And they believe electric cars plugged into a green grid will take care of much of our problems.

Larry Page talks about the renewable-power-cheaper-than-coal initiative. Buying a lot of electricity, Google knows that the cheapest came from coal. The cost of electricity as a percentage is going up, he says, and is approaching the cost of the computers themselves. So they want to get it cheaply and get it green. Startups can work selling green energy at 10 cents per kilowatt hour because there is a demand for renewable energy, he says, but that does not bring real change. “Our primary goal is not to fix the world,” he says, but they do have the power to drive things forward, to get to three cents.

Sergey Brin says the are concentrating on three energy sources: solar-thermal, deep geothermal, and high-altitude wind; if he had to add one, it would be photovoltaic. He says that windmills are on a par with coal but are intermittent and they think it can be even cheaper by using high-altitude wind, through kites, which are cheaper to make that metal windmills. They’ve invested in this and solar-thermal. Deep geothermal is a bit farther off because it requires more fundamental research to get to scale.

What’s the reaction of the energy companies? “They’re pretty good at pushing things into the future and you guys want to claim the future now,” Friedman says. Brin says some of these companies such as BP are invested but Google has an advantage because it does not have a legacy business to cannibalize. Indeed, Google can benefit its core business. “There’s a big bet at some point that you need to make that’s going to take capital.” And Google, he says, in a good position to take that risk.

Asked about the reaction of shareholders, Page says the investment is moderate and there is potential for payoff.

Friedman asks whether they can succeed in this space without taking more of a political position. Brilliant says very few of the people fighting against the climate change movement are bad people: “the have children, they have grandchildren.” He says that the movement has not done a good enough job to communicate. “You can’t separate the quest for dignity and fight poverty from climate change…. We have failed to get that degree of awareness in Congress.”

Friedman quotes Al Gore’s complaint that 3,000 questions asked in Sunday morning programs during the campaign included just three on global warming — equal to the three on UFOs. (Anyone have a citation for that?) “What are we doing, what is Google doing, to reframe the debate?” Friedman asks. Brilliant likens this to the second-hand smoking debate in achieving awareness.

Asked what the next president should do to help their cause, Page responds as an engineer and complains that there has been no research on transmission — which adds to costs — and so he wants a priority on that work from government — an interstate highway system for power, Friedman says. Brin’s answer: Renewable energy is not on a level playing field because of the costs of old energy: health and coal, politics and oil, tariffs on commodities for ethanol, regulation on electric-care development. Brin says they are generating 1.6 megawatts of solar power on their campus. “It’s been great. It produced shade. It reduced cost.” But he says that regulation, federal to local, adds cost. “There’s just all these barriers to clean energy that don’t exist for dirty energy.”

Dirty energy. That’s a nice phrase. As good as death tax.

Page says they are spreading the idea of holding business-plan contests: having events, giving out a little bit of money, helping winners get funding. “In Silicon Valley, they do that for breakfast.” To do that in Ghana, he says, would establish a community to keep this going.

Asked from the floor, by Time’s Michael Elliott, about the theme of the day — environment versus poverty, emphasis on versus — Page says that he gets irritated when people do not realize that the way out of these problems is technology.

I think he’s right: the discussion is too much about what we should not do rather than what we can do.

“You can’t succeed just out of conservation because then you won’t have economic development,” Brilliant explains. “Find a way to make electricity — not to cut back on it but to have more of it than you ever dreamed of.”

I say from the floor that I see a cultural difference between the movement and Google on this. Google has the positive message of the potential for change through technology. I ask about how they are going to get this message out to encourage investment from government and the public. Are they using lobbying, PR, education? Friedman adds that Exxon Mobil has “done a number” on the debate with PR. Brilliant says that their role is to get information to people, as much information as they can. Page says that success is the best message — that is, if they had three-cent power, everyone would come.

Gore, from the audience, takes issue with Brilliant, saying that getting information out is no longer sufficient. “That’s the way the world used to work. The world doesn’t work that way anymore. The reason that the tobacco industry was able to continue killing people for 40 years ater the surger General’s report…. they understood the power of strategic persuasion. They went about it in a very careful, organized, and well-funded way.” He says we are “vulnerable to strategic persuasion campaigns if the other side assumes that we should just get the information out there.” He says Exxon Mobil has funded 40 front groups to “in their own words position global warming as theory rather than fact.” He concludes: “We need to take them on, Goddamnit.”

Brilliant responds, saying he agrees with Gore but adds: “Each of us needs to play the role we are uniquely positioned to play.”

The other unspoken divide is about economics: Gore and Friedman favor raising the cost of carbon. Page and Brin see a victory in reducing the price of the clean energy. Tax versus investment.

  • Archives