peer-to-peer model

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pages: 673 words: 164,804

Peer-to-Peer by Andy Oram

AltaVista, big-box store, c2.com, combinatorial explosion, commoditize, complexity theory, correlation coefficient, dark matter, Dennis Ritchie, fault tolerance, Free Software Foundation, Garrett Hardin, independent contractor, information retrieval, Kickstarter, Larry Wall, Marc Andreessen, moral hazard, Network effects, P = NP, P vs NP, p-value, packet switching, PalmPilot, peer-to-peer, peer-to-peer model, Ponzi scheme, power law, radical decentralization, rolodex, Ronald Coase, Search for Extraterrestrial Intelligence, semantic web, SETI@home, Silicon Valley, slashdot, statistical model, Tragedy of the Commons, UUNET, Vernor Vinge, web application, web of trust, Zimmermann PGP

–Social solutions: Engineer polite behavior, Strategic positioning and core competencies–Strategic positioning and core competencies, Gnutella’s effects governmental threats to privacy, Red Rover–Red Rover instant messaging and, Immediate information sharing: The new instant messaging services managing congestion to prevent bandwidth attacks, Moderating security levels: An accountability slider managing metadata and, Strategic positioning and core competencies meme map current, The current peer-to-peer meme map–The current peer-to-peer meme map new, The new peer-to-peer meme map–Peer-to-peer and devices micropayments economic impact of, General considerations in an economic analysis of micropayment design–General considerations in an economic analysis of micropayment design exchanging, The difficulty of distributed systems: How to exchange micropayments among peers–The difficulty of distributed systems: How to exchange micropayments among peers identity-based, Identity-based payment policies risks involved, Moderating security levels: An accountability slider usefulness of, The use and effectiveness of micropayments in peer-to-peer systems–Moderating security levels: An accountability slider models, A Network of Peers: Peer-to-Peer Models Through the History of the Internet–Conclusions, Peer-to-peer models and their impacts on accountability next-generation file sharing technologies, Next-generation peer-to-peer file-sharing technologies open source and, File sharing: Napster and successors problems with, A Network of Peers: Peer-to-Peer Models Through the History of the Internet, Decentralization is a tool, not a goal, Special problems posed by peer-to-peer systems protocol-centric addressing, Nothing succeeds like address, or, DNS isn’t the only game in town–An explosion of protocols remailer difficulties, General discussion reputation system, Central Reputation Server versus distributed Reputation Servers revisionist history of, A revisionist history of peer-to-peer (1969-1995)–DNS scalability and, Performance security provided by Groove, Security–Taxonomy of Groove keys SETI@home and, The peer-to-peer paradigm social and technical solutions to problems, Technical solutions: Return to the old Internet social impact of, Some context and a definition summit, Remaking the Peer-to-Peer Meme–A success story: From free software to open source meme map developed at, Remaking the Peer-to-Peer Meme, The new peer-to-peer meme map–Peer-to-peer and devices trust issues, Trust–Conclusions users donating resources, Freeloading using accountability to expand, Accountability using port 80, Abusing port 80 using RDF for applications, Foundations of resource description: Unique identifiers vs. client/server model, A Network of Peers: Peer-to-Peer Models Through the History of the Internet, Peer-to-peer is a horseless carriage, Peer-to-peer architecture and second-class status, The peer-to-peer paradigm, A clean sweep?

Last but not least, scalability is a crucial concern for systems that hope to make the leap from conceptual demonstration to world-wide usage. For systems that do not inherently scale well, a further set of trade-offs can allow better scalability through a move toward a hierarchical peer-to-peer model, though at the expense of local autonomy. The peer-to-peer model encompasses a diverse set of approaches. By recognizing the wide range of possibilities available, inventing new ideas and new combinations, and using analytical methods to evaluate their behaviors, system designers will be well-equipped to exploit the power of peer-to-peer.

You can access this page at: http://www.oreilly.com/catalog/peertopeer To comment or ask technical questions about this book, send email to: bookquestions@oreilly.com For more information about our books, conferences, software, Resource Centers, and the O’Reilly Network, see our web site at: http://www.oreilly.com Part I. Context and Overview This part of the book offers some high-level views, defining the term “peer-to-peer” and placing current projects in a social and technological context. Chapter 1. A Network of Peers: Peer-to-Peer Models Through the History of the Internet Nelson Minar and Marc Hedlund, Popular Power The Internet is a shared resource, a cooperative network built out of millions of hosts all over the world. Today there are more applications than ever that want to use the network, consume bandwidth, and send packets far and wide.


pages: 271 words: 52,814

Blockchain: Blueprint for a New Economy by Melanie Swan

23andMe, Airbnb, altcoin, Amazon Web Services, asset allocation, banking crisis, basic income, bioinformatics, bitcoin, blockchain, capital controls, cellular automata, central bank independence, clean water, cloud computing, collaborative editing, Conway's Game of Life, crowdsourcing, cryptocurrency, data science, digital divide, disintermediation, Dogecoin, Edward Snowden, en.wikipedia.org, Ethereum, ethereum blockchain, fault tolerance, fiat currency, financial innovation, Firefox, friendly AI, Hernando de Soto, information security, intangible asset, Internet Archive, Internet of things, Khan Academy, Kickstarter, Large Hadron Collider, lifelogging, litecoin, Lyft, M-Pesa, microbiome, Neal Stephenson, Network effects, new economy, operational security, peer-to-peer, peer-to-peer lending, peer-to-peer model, personalized medicine, post scarcity, power law, prediction markets, QR code, ride hailing / ride sharing, Satoshi Nakamoto, Search for Extraterrestrial Intelligence, SETI@home, sharing economy, Skype, smart cities, smart contracts, smart grid, Snow Crash, software as a service, synthetic biology, technological singularity, the long tail, Turing complete, uber lyft, unbanked and underbanked, underbanked, Vitalik Buterin, Wayback Machine, web application, WikiLeaks

An interesting challenge for academic publishing on the blockchain is not just having an open-access, collaboratively edited, ongoing-discussion-forum journal per existing examples, or open-access, self-published blockchain white papers on GitHub, but to more fundamentally implement the blockchain concepts in blockchain journals. The consideration of what a decentralized direct peer-to-peer model for academic publishing could look like prompts the articulation of the functions that academic publishing provides and how, if these are still required, they might be provided in decentralized models. In terms of “publishing,” any manner of making content publicly available on the Web is publishing; one can easily self-publish on blogs, wikis, Twitter, Amazon, and the like.

In terms of “publishing,” any manner of making content publicly available on the Web is publishing; one can easily self-publish on blogs, wikis, Twitter, Amazon, and the like. A blockchain model in terms of decentralized peer-to-peer content would be nothing more than a search engine linking one individual’s interests with another’s published material. This is a decentralized peer-to-peer model in the blockchain sense. So, academic (and other publishers) might be providing some other value functions, namely vouching for content quality. Publishers provide content curation, discovery, “findability,” relevancy, advocacy, validation, and status ascribing, all of which might be useful attributes for content consumers.

Many blockchain companies provide alternative wallet interfaces that have this kind of functionality, such as Blockchain.info’s numerous wallet APIs. Business Model Challenges Another noted challenge, both functional and technical, is related to business models. At first traditional business models might not seem applicable to Bitcoin since the whole point of decentralized peer-to-peer models is that there are no facilitating intermediaries to take a cut/transaction fee (as in one classical business model). However, there are still many worthwhile revenue-generating products and services to provide in the new blockchain economy. Education and mainstream user-friendly tools are obvious low-hanging fruit (for example, being targeted by Coinbase, Circle Internet Financial, and Xapo), as is improving the efficiency of the entire worldwide existing banking and finance infrastructure like Ripple—another almost “no brainer” project, when blockchain principles are understood.


pages: 561 words: 157,589

WTF?: What's the Future and Why It's Up to Us by Tim O'Reilly

"Friedman doctrine" OR "shareholder theory", 4chan, Affordable Care Act / Obamacare, Airbnb, AlphaGo, Alvin Roth, Amazon Mechanical Turk, Amazon Robotics, Amazon Web Services, AOL-Time Warner, artificial general intelligence, augmented reality, autonomous vehicles, barriers to entry, basic income, behavioural economics, benefit corporation, Bernie Madoff, Bernie Sanders, Bill Joy: nanobots, bitcoin, Blitzscaling, blockchain, book value, Bretton Woods, Brewster Kahle, British Empire, business process, call centre, Capital in the Twenty-First Century by Thomas Piketty, Captain Sullenberger Hudson, carbon tax, Carl Icahn, Chuck Templeton: OpenTable:, Clayton Christensen, clean water, cloud computing, cognitive dissonance, collateralized debt obligation, commoditize, computer vision, congestion pricing, corporate governance, corporate raider, creative destruction, CRISPR, crowdsourcing, Danny Hillis, data acquisition, data science, deep learning, DeepMind, Demis Hassabis, Dennis Ritchie, deskilling, DevOps, Didi Chuxing, digital capitalism, disinformation, do well by doing good, Donald Davies, Donald Trump, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, fake news, Filter Bubble, Firefox, Flash crash, Free Software Foundation, fulfillment center, full employment, future of work, George Akerlof, gig economy, glass ceiling, Glass-Steagall Act, Goodhart's law, Google Glasses, Gordon Gekko, gravity well, greed is good, Greyball, Guido van Rossum, High speed trading, hiring and firing, Home mortgage interest deduction, Hyperloop, income inequality, independent contractor, index fund, informal economy, information asymmetry, Internet Archive, Internet of things, invention of movable type, invisible hand, iterative process, Jaron Lanier, Jeff Bezos, jitney, job automation, job satisfaction, John Bogle, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Zimmer (Lyft cofounder), Kaizen: continuous improvement, Ken Thompson, Kevin Kelly, Khan Academy, Kickstarter, Kim Stanley Robinson, knowledge worker, Kodak vs Instagram, Lao Tzu, Larry Ellison, Larry Wall, Lean Startup, Leonard Kleinrock, Lyft, machine readable, machine translation, Marc Andreessen, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, McMansion, microbiome, microservices, minimum viable product, mortgage tax deduction, move fast and break things, Network effects, new economy, Nicholas Carr, Nick Bostrom, obamacare, Oculus Rift, OpenAI, OSI model, Overton Window, packet switching, PageRank, pattern recognition, Paul Buchheit, peer-to-peer, peer-to-peer model, Ponzi scheme, post-truth, race to the bottom, Ralph Nader, randomized controlled trial, RFC: Request For Comment, Richard Feynman, Richard Stallman, ride hailing / ride sharing, Robert Gordon, Robert Metcalfe, Ronald Coase, Rutger Bregman, Salesforce, Sam Altman, school choice, Second Machine Age, secular stagnation, self-driving car, SETI@home, shareholder value, Silicon Valley, Silicon Valley startup, skunkworks, Skype, smart contracts, Snapchat, Social Responsibility of Business Is to Increase Its Profits, social web, software as a service, software patent, spectrum auction, speech recognition, Stephen Hawking, Steve Ballmer, Steve Jobs, Steven Levy, Stewart Brand, stock buybacks, strong AI, synthetic biology, TaskRabbit, telepresence, the built environment, the Cathedral and the Bazaar, The future is already here, The Future of Employment, the map is not the territory, The Nature of the Firm, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas Davenport, Tony Fadell, Tragedy of the Commons, transaction costs, transcontinental railway, transportation-network company, Travis Kalanick, trickle-down economics, two-pizza team, Uber and Lyft, Uber for X, uber lyft, ubercab, universal basic income, US Airways Flight 1549, VA Linux, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, We are the 99%, web application, Whole Earth Catalog, winner-take-all economy, women in the workforce, Y Combinator, yellow journalism, zero-sum game, Zipcar

Yet over the next few years, Uber developed into a force that transformed the market for on-demand transportation, and today it has more drivers providing services than the entire previous taxi and limousine industry. How did this happen? The game changer came early in 2012 when two companies, Sidecar and Lyft, introduced a peer-to-peer model in which ordinary people, not just licensed limousine drivers, provided the service using their personal cars. It was this further innovation that reshaped the way we think about employment, with drivers who not only have no guaranteed work from the company, but also make no guarantees to the company about whether they will work when they are needed.

There are many historical examples of peer-to-peer public transportation. Zimride, Logan Green and John Zimmer’s predecessor to Lyft, was inspired by the informal jitney systems they observed in Zimbabwe. But using the smartphone to create a two-sided, real-time market in physical space was something profoundly new. After initial skepticism, Uber copied the peer-to-peer model a year later. Driven by an aggressive CEO, a stronger technical focus on logistics and marketplace incentives, a take-no-prisoners corporate culture, and huge amounts of capital, it has spent billions to outpace its rivals. Lyft is still a strong contender in the United States, gaining, but in distant second place.

Drivers Who Show Up When You Need Them. Transportation on demand for passengers requires a critical mass of drivers. Uber’s original vision of black car drivers on demand served only a narrow slice of the potential market. As their ambitions grew, they needed a much larger supply of drivers, which the peer-to-peer model supplied. Augmented Workers. GPS and automated dispatch technology inherently increase the supply of drivers because they make it possible for even part-time drivers to be successful at finding passengers and navigating to out-of-the-way locations. There was formerly an experience premium, whereby experienced taxi and limousine drivers knew the best way to reach a given destination or to avoid traffic.


pages: 375 words: 88,306

The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism by Arun Sundararajan

"World Economic Forum" Davos, additive manufacturing, Airbnb, AltaVista, Amazon Mechanical Turk, asset light, autonomous vehicles, barriers to entry, basic income, benefit corporation, bike sharing, bitcoin, blockchain, book value, Burning Man, call centre, Carl Icahn, collaborative consumption, collaborative economy, collective bargaining, commoditize, commons-based peer production, corporate social responsibility, cryptocurrency, data science, David Graeber, distributed ledger, driverless car, Eben Moglen, employer provided health coverage, Erik Brynjolfsson, Ethereum, ethereum blockchain, Frank Levy and Richard Murnane: The New Division of Labor, future of work, general purpose technology, George Akerlof, gig economy, housing crisis, Howard Rheingold, independent contractor, information asymmetry, Internet of things, inventory management, invisible hand, job automation, job-hopping, John Zimmer (Lyft cofounder), Kickstarter, knowledge worker, Kula ring, Lyft, Marc Andreessen, Mary Meeker, megacity, minimum wage unemployment, moral hazard, moral panic, Network effects, new economy, Oculus Rift, off-the-grid, pattern recognition, peer-to-peer, peer-to-peer lending, peer-to-peer model, peer-to-peer rental, profit motive, public intellectual, purchasing power parity, race to the bottom, recommendation engine, regulatory arbitrage, rent control, Richard Florida, ride hailing / ride sharing, Robert Gordon, Ronald Coase, Ross Ulbricht, Second Machine Age, self-driving car, sharing economy, Silicon Valley, smart contracts, Snapchat, social software, supply-chain management, TaskRabbit, TED Talk, the long tail, The Nature of the Firm, total factor productivity, transaction costs, transportation-network company, two-sided market, Uber and Lyft, Uber for X, uber lyft, universal basic income, Vitalik Buterin, WeWork, Yochai Benkler, Zipcar

Will they induce growth because there’s a lot more exchange going on? Will Duncan’s vision of “impulse buying, then renting out” materialize? Or will the economy slow because people stop buying things? La Ruche Qui Dit Oui—Redefining Perfection Back in Paris, there’s another face-to-face, peer-to-peer model that’s been gaining popularity in a different vertical—grocery shopping. In spring 2014, accompanied by a wonderful NYU Stern MBA student team (Humaira Faiz, Sydnee Grushack, Andrew Ng, and Jara Small), I met Marc-David Choukrun, the co-founder and CEO of La Ruche Qui Dit Oui, which translates roughly to “the beehive that says yes,” and is also known in English-language countries by the easier-to-remember name The Food Assembly.

The third category involves collaborative forms of finance, such as Funding Circle and Kiva, or Bitcoin (which enables people to carry out transactions without a traditional third-party intermediary). Finally, the fourth category consists of collaborative forms of education, such as Coursera and edX, which enable people around the world to take courses at top-ranked universities whether or not they are enrolled as students, or Skillshare and Trade School, which offer alternative peer-to-peer models for gaining knowledge. Owyang’s Honeycomb As crowd-based capitalism evolved in 2012 and 2013, Jeremiah Owyang developed an industry-sector-based classification of the different kinds of economic activity that he viewed as “collaborative.” His Collaborative Economy Honeycomb provides a nuanced categorization of the sharing economy in 2015 and is a useful way of keeping track of the scope and impact of this new form of organizing economic activity across different industry verticals.19 As I write this book, Owyang’s broad categories include learning, municipal, money, goods, health and wellness, space, food, utilities, transportation, services, logistics, and corporate.

And Californians actually use their cars more intensively than the average US resident does. Figure 5.1 Vehicle usage in the United States (compiled from NHTS data as of 2009). We may not need to wait for self-driving cars to see a digitally induced economic revolution in the auto and transportation sector. The range of new peer-to-peer models—Uber to get a driven car on-demand, Lyft to see who else is driving your route, Getaround to see whose car in your neighborhood might be available for you to drive by yourself, BlaBlaCar to get a ride to another city—have already started to increase the impact of the global automobile stock.


pages: 280 words: 82,355

Extreme Teams: Why Pixar, Netflix, AirBnB, and Other Cutting-Edge Companies Succeed Where Most Fail by Robert Bruce Shaw, James Foster, Brilliance Audio

Airbnb, augmented reality, benefit corporation, Blitzscaling, call centre, cloud computing, data science, deliberate practice, Elon Musk, emotional labour, financial engineering, future of work, holacracy, inventory management, Jeff Bezos, job satisfaction, Jony Ive, karōshi / gwarosa / guolaosi, loose coupling, meta-analysis, nuclear winter, Paul Graham, peer-to-peer, peer-to-peer model, performance metric, Peter Thiel, sharing economy, Sheryl Sandberg, Silicon Valley, social intelligence, SoftBank, Steve Jobs, TED Talk, Tony Fadell, Tony Hsieh, work culture

The CEO of Airbnb, for example, wants people to consider what a competitor might do to undermine or even kill his firm’s business model.29 That is, he wants his people to actively envision products or services that would render Airbnb’s business model obsolete. The goal is to ensure that Airbnb innovates faster than the competition and, in so doing, prevents others from doing what Airbnb is now doing to traditional hotels with its peer-to-peer model. Airbnb is constantly testing new ideas within its current model, such as hosts picking up their guests at the airport or providing them with walking tours and other experiences (for example, dinners or cultural events). It has also considered other areas in the “sharing economy” outside of its current business.

CHAPTER 7 TEAMS AT THE EXTREMES Without Adventure, Teams Slowly Decay1 It’s no accident that the companies profiled in this book were all founded by extraordinary entrepreneurs.2 Their businesses were built on innovative ideas that overturned the existing order of things within their industries. Netflix is disrupting the media industry through its streaming service. Airbnb is disrupting the hospitality industry through its peer-to-peer model. Alibaba is disrupting the way business is done in China through its e-commerce sites. The leaders of these firms, however, realize that their long-term success requires more than groundbreaking products and services. They need their companies, as companies, to be equally innovative—workplaces that are challenging commonly accepted ways of operating.


pages: 144 words: 43,356

Surviving AI: The Promise and Peril of Artificial Intelligence by Calum Chace

3D printing, Ada Lovelace, AI winter, Airbnb, Alvin Toffler, artificial general intelligence, augmented reality, barriers to entry, basic income, bitcoin, Bletchley Park, blockchain, brain emulation, Buckminster Fuller, Charles Babbage, cloud computing, computer age, computer vision, correlation does not imply causation, credit crunch, cryptocurrency, cuban missile crisis, deep learning, DeepMind, dematerialisation, Demis Hassabis, discovery of the americas, disintermediation, don't be evil, driverless car, Elon Musk, en.wikipedia.org, epigenetics, Erik Brynjolfsson, everywhere but in the productivity statistics, Flash crash, friendly AI, Geoffrey Hinton, Google Glasses, hedonic treadmill, hype cycle, industrial robot, Internet of things, invention of agriculture, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John von Neumann, Kevin Kelly, life extension, low skilled workers, machine translation, Mahatma Gandhi, means of production, mutually assured destruction, Neil Armstrong, Nicholas Carr, Nick Bostrom, paperclip maximiser, pattern recognition, peer-to-peer, peer-to-peer model, Peter Thiel, radical life extension, Ray Kurzweil, Robert Solow, Rodney Brooks, Second Machine Age, self-driving car, Silicon Valley, Silicon Valley ideology, Skype, South Sea Bubble, speech recognition, Stanislav Petrov, Stephen Hawking, Steve Jobs, strong AI, technological singularity, TED Talk, The future is already here, The Future of Employment, theory of mind, Turing machine, Turing test, universal basic income, Vernor Vinge, wage slave, Wall-E, zero-sum game

Peer-to-peer A new business model which is generating a lot of column inches for the idea of digital disruption is peer-to-peer commerce, the leading practitioners of which are AirBnB and Uber. Both were founded in San Francisco, of course – in 2008 and 2009 respectively. The level of investor enthusiasm for the peer-to-peer model is demonstrated by comparing AirBnB’s market cap of $20bn in March 2015 with Hyatt’s market cap of $8.4bn. Hyatt has over 500 hotels around the world and revenues of $4bn. AirBnB, with 13 members of staff, owns no hotels and its revenues in March 2015 were around $250m. Uber’s rise has been even more dramatic: its market cap reached $50bn in May 2015.


pages: 731 words: 134,263

Talk Is Cheap: Switching to Internet Telephones by James E. Gaskin

Debian, decentralized internet, end-to-end encryption, Ford Model T, packet switching, PalmPilot, peer-to-peer, peer-to-peer model, satellite internet, Silicon Valley, Skype, speech recognition, telemarketer

Business Details They Don't Mention The following list describes the business elements Skype doesn't specify: Money, and the need for money to support Skype, will become critical over 2005. They have millions of venture capital investments, including $19 million in March 2004 as a second round. Executives refused to say how much their initial funding was, but said it was "less than $10 million" (Zennstrom interview with CNET 12/2/2003). Admittedly, the peer-to-peer model reduces costs, and the viral marketing scheme worked so well I don't think they've spent any significant advertising dollars. But the services they must provide to keep growing, such as SkypeOut improvements, SkypeIn, voicemail, and their hinted Skype for Business, will require investment. Right now, the number of Skype registered users paying for SkypeOut hovers around three percent.

Business Details They Don't Mention The following list describes the business elements Skype doesn't specify: Money, and the need for money to support Skype, will become critical over 2005. They have millions of venture capital investments, including $19 million in March 2004 as a second round. Executives refused to say how much their initial funding was, but said it was "less than $10 million" (Zennstrom interview with CNET 12/2/2003). Admittedly, the peer-to-peer model reduces costs, and the viral marketing scheme worked so well I don't think they've spent any significant advertising dollars. But the services they must provide to keep growing, such as SkypeOut improvements, SkypeIn, voicemail, and their hinted Skype for Business, will require investment. Right now, the number of Skype registered users paying for SkypeOut hovers around three percent.


pages: 292 words: 85,151

Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (And What to Do About It) by Salim Ismail, Yuri van Geest

23andMe, 3D printing, Airbnb, Amazon Mechanical Turk, Amazon Web Services, anti-fragile, augmented reality, autonomous vehicles, Baxter: Rethink Robotics, behavioural economics, Ben Horowitz, bike sharing, bioinformatics, bitcoin, Black Swan, blockchain, Blue Ocean Strategy, book value, Burning Man, business intelligence, business process, call centre, chief data officer, Chris Wanstrath, circular economy, Clayton Christensen, clean water, cloud computing, cognitive bias, collaborative consumption, collaborative economy, commoditize, corporate social responsibility, cross-subsidies, crowdsourcing, cryptocurrency, dark matter, data science, Dean Kamen, deep learning, DeepMind, dematerialisation, discounted cash flows, disruptive innovation, distributed ledger, driverless car, Edward Snowden, Elon Musk, en.wikipedia.org, Ethereum, ethereum blockchain, fail fast, game design, gamification, Google Glasses, Google Hangouts, Google X / Alphabet X, gravity well, hiring and firing, holacracy, Hyperloop, industrial robot, Innovator's Dilemma, intangible asset, Internet of things, Iridium satellite, Isaac Newton, Jeff Bezos, Joi Ito, Kevin Kelly, Kickstarter, knowledge worker, Kodak vs Instagram, Law of Accelerating Returns, Lean Startup, life extension, lifelogging, loose coupling, loss aversion, low earth orbit, Lyft, Marc Andreessen, Mark Zuckerberg, market design, Max Levchin, means of production, Michael Milken, minimum viable product, natural language processing, Netflix Prize, NetJets, Network effects, new economy, Oculus Rift, offshore financial centre, PageRank, pattern recognition, Paul Graham, paypal mafia, peer-to-peer, peer-to-peer model, Peter H. Diamandis: Planetary Resources, Peter Thiel, Planet Labs, prediction markets, profit motive, publish or perish, radical decentralization, Ray Kurzweil, recommendation engine, RFID, ride hailing / ride sharing, risk tolerance, Ronald Coase, Rutger Bregman, Salesforce, Second Machine Age, self-driving car, sharing economy, Silicon Valley, skunkworks, Skype, smart contracts, Snapchat, social software, software is eating the world, SpaceShipOne, speech recognition, stealth mode startup, Stephen Hawking, Steve Jobs, Steve Jurvetson, subscription business, supply-chain management, synthetic biology, TaskRabbit, TED Talk, telepresence, telepresence robot, the long tail, Tony Hsieh, transaction costs, Travis Kalanick, Tyler Cowen, Tyler Cowen: Great Stagnation, uber lyft, urban planning, Virgin Galactic, WikiLeaks, winner-take-all economy, X Prize, Y Combinator, zero-sum game

., higher than zero) is considered good, and an NPS of +50 is excellent. The NPS is largely based on a single, direct question: How likely is it that you would recommend our company/product/service to a friend or colleague? If you have a high NPS, then your sales function is free. If you are using peer-to-peer models, your service costs can also essentially be free. Using crowdsourcing and community ideation (such as Quirky or Gustin), your R&D and product development costs can also approach zero. And it doesn’t stop there. What we’re now seeing with ExOs—and this is tremendously important—is that the marginal cost of supply goes to zero.


pages: 330 words: 91,805

Peers Inc: How People and Platforms Are Inventing the Collaborative Economy and Reinventing Capitalism by Robin Chase

Airbnb, Amazon Web Services, Andy Kessler, Anthropocene, Apollo 13, banking crisis, barriers to entry, basic income, Benevolent Dictator For Life (BDFL), bike sharing, bitcoin, blockchain, Burning Man, business climate, call centre, car-free, carbon tax, circular economy, cloud computing, collaborative consumption, collaborative economy, collective bargaining, commoditize, congestion charging, creative destruction, crowdsourcing, cryptocurrency, data science, deal flow, decarbonisation, different worldview, do-ocracy, don't be evil, Donald Shoup, Elon Musk, en.wikipedia.org, Ethereum, ethereum blockchain, Eyjafjallajökull, Ferguson, Missouri, Firefox, Free Software Foundation, frictionless, Gini coefficient, GPS: selective availability, high-speed rail, hive mind, income inequality, independent contractor, index fund, informal economy, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Jane Jacobs, Jeff Bezos, jimmy wales, job satisfaction, Kickstarter, Kinder Surprise, language acquisition, Larry Ellison, Lean Startup, low interest rates, Lyft, machine readable, means of production, megacity, Minecraft, minimum viable product, Network effects, new economy, Oculus Rift, off-the-grid, openstreetmap, optical character recognition, pattern recognition, peer-to-peer, peer-to-peer lending, peer-to-peer model, Post-Keynesian economics, Richard Stallman, ride hailing / ride sharing, Ronald Coase, Ronald Reagan, Salesforce, Satoshi Nakamoto, Search for Extraterrestrial Intelligence, self-driving car, shareholder value, sharing economy, Silicon Valley, six sigma, Skype, smart cities, smart grid, Snapchat, sovereign wealth fund, Steve Crocker, Steve Jobs, Steven Levy, TaskRabbit, The Death and Life of Great American Cities, The Future of Employment, the long tail, The Nature of the Firm, Tragedy of the Commons, transaction costs, Turing test, turn-by-turn navigation, Uber and Lyft, uber lyft, vertical integration, Zipcar

Spotify and Pandora, however, advanced the business model yet again. Not only do I not need to buy a whole album when I only want one song, but since I can listen to any song I want at any time through a subscription service, I don’t feel the need to own music at all. Jeremiah Owyang, formerly an analyst at Forrester Research covering peer-to-peer models and how companies respond, is now founder of Crowd Companies, a brand council that offers research and strategic advice to companies seeking to become part of the collaborative economy. He has a simple four-phase circular path that explains the transition from the old industrial approach to the new one: Product → Service → Marketplace → Platform.


pages: 349 words: 98,309

Hustle and Gig: Struggling and Surviving in the Sharing Economy by Alexandrea J. Ravenelle

active transport: walking or cycling, Affordable Care Act / Obamacare, air traffic controllers' union, Airbnb, Amazon Mechanical Turk, barriers to entry, basic income, Broken windows theory, call centre, Capital in the Twenty-First Century by Thomas Piketty, cashless society, Clayton Christensen, clean water, collaborative consumption, collective bargaining, company town, creative destruction, crowdsourcing, digital divide, disruptive innovation, Downton Abbey, East Village, Erik Brynjolfsson, full employment, future of work, gentrification, gig economy, Howard Zinn, income inequality, independent contractor, informal economy, job automation, John Zimmer (Lyft cofounder), low skilled workers, Lyft, minimum wage unemployment, Mitch Kapor, Network effects, new economy, New Urbanism, obamacare, Panopticon Jeremy Bentham, passive income, peer-to-peer, peer-to-peer model, performance metric, precariat, rent control, rent stabilization, ride hailing / ride sharing, Ronald Reagan, scientific management, sharing economy, side hustle, Silicon Valley, strikebreaker, TaskRabbit, TED Talk, telemarketer, the payments system, The Theory of the Leisure Class by Thorstein Veblen, Tim Cook: Apple, transaction costs, Travis Kalanick, Triangle Shirtwaist Factory, Uber and Lyft, Uber for X, uber lyft, ubercab, universal basic income, Upton Sinclair, urban planning, vertical integration, very high income, white flight, working poor, Zipcar

That type of advance planning is challenging enough for people with steady white-collar employment. But for workers who find themselves in a variety of workplaces and dealing with different “bosses” daily, such planning is nearly impossible. For TaskRabbit workers, especially, this can be a problem. Under the peer-to-peer model, workers are often hired by individuals who may not fully understand what they’re asking them to do, or who may downplay the description to avoid scaring off a potential worker. Natasha, twenty-eight, tries to weed out work that she’s uncomfortable with, but sometimes clients aren’t forthcoming with details.


Smart Mobs: The Next Social Revolution by Howard Rheingold

"hyperreality Baudrillard"~20 OR "Baudrillard hyperreality", A Pattern Language, Alvin Toffler, AOL-Time Warner, augmented reality, barriers to entry, battle of ideas, Brewster Kahle, Burning Man, business climate, citizen journalism, computer vision, conceptual framework, creative destruction, Dennis Ritchie, digital divide, disinformation, Douglas Engelbart, Douglas Engelbart, experimental economics, experimental subject, Extropian, Free Software Foundation, Garrett Hardin, Hacker Ethic, Hedy Lamarr / George Antheil, Herman Kahn, history of Unix, hockey-stick growth, Howard Rheingold, invention of the telephone, inventory management, Ivan Sutherland, John Markoff, John von Neumann, Joi Ito, Joseph Schumpeter, Ken Thompson, Kevin Kelly, Lewis Mumford, Metcalfe's law, Metcalfe’s law, more computing power than Apollo, move 37, Multics, New Urbanism, Norbert Wiener, packet switching, PalmPilot, Panopticon Jeremy Bentham, pattern recognition, peer-to-peer, peer-to-peer model, pez dispenser, planetary scale, pre–internet, prisoner's dilemma, radical decentralization, RAND corporation, recommendation engine, Renaissance Technologies, RFID, Richard Stallman, Robert Metcalfe, Robert X Cringely, Ronald Coase, Search for Extraterrestrial Intelligence, seminal paper, SETI@home, sharing economy, Silicon Valley, skunkworks, slashdot, social intelligence, spectrum auction, Steven Levy, Stewart Brand, the Cathedral and the Bazaar, the scientific method, Tragedy of the Commons, transaction costs, ultimatum game, urban planning, web of trust, Whole Earth Review, Yochai Benkler, zero-sum game

Internet users were not passive consumers but the “prosumers” the Tofflers had predicted in the 1980s.54 Just because the new medium has come from an innovation-rich and universally accessible commons doesn’t guarantee that it will remain that way; radio and television were tamed in their day. The U.S. Congress’s and FCC’s laws and rulings over the next few years will make the difference between a traditional broadcast model and a peer-to-peer model for wireless Internet. In the future, U.S. policies favoring multinational corporations probably will be incorporated in the international intellectual property treaty frameworks that are being put into place around the world. So far, decisions have favored large intellectual property owners, removed common carriage and public access responsibilities from cable and telephone companies, and confined new wireless technologies to tiny sectors of spectrum, reserving the rest for the exclusive use of license-holders invested in established technologies.55 Indeed, the most realistic prediction is that unless some new pressures are brought to bear and the U.S. and global regulatory process changes its present course, mobile and pervasive technologies won’t be used by smart mobs at all but will be more aptly described by the science fiction story The Marching Morons.56 The telecommunications industry is not the only group of vested interests who have attempted to prevent innovation and to turn active technology users into passive consumers of prepackaged content.


Hacking Capitalism by Söderberg, Johan; Söderberg, Johan;

Abraham Maslow, air gap, Alvin Toffler, AOL-Time Warner, barriers to entry, Charles Babbage, collective bargaining, commoditize, computer age, corporate governance, creative destruction, Debian, deindustrialization, delayed gratification, Dennis Ritchie, deskilling, digital capitalism, digital divide, Donald Davies, Eben Moglen, Erik Brynjolfsson, Firefox, Free Software Foundation, frictionless, full employment, Garrett Hardin, Hacker Conference 1984, Hacker Ethic, Herbert Marcuse, Howard Rheingold, IBM and the Holocaust, informal economy, interchangeable parts, invention of radio, invention of the telephone, Jacquard loom, James Watt: steam engine, jimmy wales, John Markoff, John von Neumann, Joseph Schumpeter, Joseph-Marie Jacquard, Ken Thompson, knowledge economy, knowledge worker, labour market flexibility, late capitalism, Lewis Mumford, liberal capitalism, Marshall McLuhan, means of production, Mitch Kapor, mutually assured destruction, new economy, Norbert Wiener, On the Economy of Machinery and Manufactures, packet switching, patent troll, peer-to-peer, peer-to-peer model, planned obsolescence, post scarcity, post-Fordism, post-industrial society, price mechanism, Productivity paradox, profit motive, RFID, Richard Florida, Richard Stallman, Ronald Coase, safety bicycle, Search for Extraterrestrial Intelligence, SETI@home, Silicon Valley, Slavoj Žižek, software patent, Steven Levy, Stewart Brand, subscription business, tech worker, technological determinism, technoutopianism, the Cathedral and the Bazaar, The Nature of the Firm, the scientific method, The Theory of the Leisure Class by Thorstein Veblen, Thomas Davenport, Thorstein Veblen, tragedy of the anticommons, Tragedy of the Commons, transaction costs, Whole Earth Catalog, Yochai Benkler

In his essay “What is an Author”, Foucault writes: “[…] The author is not an indefinite source of significations which fill a work; the author does not precede the works; he is a certain functional principle by which, in our culture, one limits, excludes, and chooses; in short, by which one impedes the free circulation, the free manipulation, the free composition, decomposition, and recomposition of fiction.”14 If we broaden our definition of authorship, from the writing of fiction to the writing of source code, a new horizon opens up to our investigation. Foucault’s words lend weight to the claim that the mass defiance of intellectual property law on the Internet is of a deeper, political significance. Once the straightjacket of the bourgeois author-programmer has been blown apart by the peer-to-peer model of near-anonymous programming, the flow of free software code becomes cancerous and subversive. The hacker movement is turning out file-sharing applications like Freenet for routing around censorship, encryption programs like Pretty Good Privacy that prevents governments from eavesdropping on citizens, spy programs like Back Orifice that distributes the powers previously held by system administrators and employers and used to spy on their employees, and so on.


pages: 412 words: 116,685

The Metaverse: And How It Will Revolutionize Everything by Matthew Ball

"hyperreality Baudrillard"~20 OR "Baudrillard hyperreality", 3D printing, Airbnb, Albert Einstein, Amazon Web Services, Apple Newton, augmented reality, Big Tech, bitcoin, blockchain, business process, call centre, cloud computing, commoditize, computer vision, COVID-19, cryptocurrency, deepfake, digital divide, digital twin, disintermediation, don't be evil, Elon Musk, en.wikipedia.org, Ethereum, ethereum blockchain, game design, gig economy, Google Chrome, Google Earth, Google Glasses, hype cycle, intermodal, Internet Archive, Internet of things, iterative process, Jeff Bezos, John Gruber, Kevin Roose, Kickstarter, lockdown, Mark Zuckerberg, Metcalfe’s law, Minecraft, minimum viable product, Neal Stephenson, Network effects, new economy, non-fungible token, open economy, openstreetmap, pattern recognition, peer-to-peer, peer-to-peer model, Planet Labs, pre–internet, QR code, recommendation engine, rent control, rent-seeking, ride hailing / ride sharing, Robinhood: mobile stock trading app, satellite internet, self-driving car, SETI@home, Silicon Valley, skeuomorphism, Skype, smart contracts, Snapchat, Snow Crash, social graph, social web, SpaceX Starlink, Steve Ballmer, Steve Jobs, thinkpad, TikTok, Tim Cook: Apple, TSMC, undersea cable, Vannevar Bush, vertical integration, Vitalik Buterin, Wayback Machine, Y2K

As of March 5, 2022, Helium’s network spanned more than 625,000 hot spots, up from fewer than 25,000 roughly a year earlier, distributed across nearly 50,000 cities in 165 countries.7 The total value of Helium’s tokens exceeds $5 billion.8 Notably, the company was founded in 2013, but struggled to gain adoption until it pivoted from a traditional (i.e., unpaid) peer-to-peer model to one which offered contributors direct compensation via cryptocurrency. The long-term viability and potential of Helium remains uncertain; most internet service providers (ISPs) prohibit their customers from rebroadcasting their internet connection, and while the ISPs typically have ignored such service violations as long as the connection was not resold and total data usage was low, there is no guarantee that the ISPs will continue to ignore such violations by users of Helium or any analogous system.


pages: 515 words: 126,820

Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World by Don Tapscott, Alex Tapscott

"World Economic Forum" Davos, Airbnb, altcoin, Alvin Toffler, asset-backed security, autonomous vehicles, barriers to entry, behavioural economics, bitcoin, Bitcoin Ponzi scheme, blockchain, Blythe Masters, Bretton Woods, business logic, business process, buy and hold, Capital in the Twenty-First Century by Thomas Piketty, carbon credits, carbon footprint, clean water, cloud computing, cognitive dissonance, commoditize, commons-based peer production, corporate governance, corporate social responsibility, creative destruction, Credit Default Swap, crowdsourcing, cryptocurrency, currency risk, decentralized internet, digital capitalism, disintermediation, disruptive innovation, distributed ledger, do well by doing good, Donald Trump, double entry bookkeeping, driverless car, Edward Snowden, Elon Musk, Erik Brynjolfsson, Ethereum, ethereum blockchain, failed state, fiat currency, financial innovation, Firefox, first square of the chessboard, first square of the chessboard / second half of the chessboard, future of work, Future Shock, Galaxy Zoo, general purpose technology, George Gilder, glass ceiling, Google bus, GPS: selective availability, Hacker News, Hernando de Soto, Higgs boson, holacracy, income inequality, independent contractor, informal economy, information asymmetry, information security, intangible asset, interest rate swap, Internet of things, Jeff Bezos, jimmy wales, Kickstarter, knowledge worker, Kodak vs Instagram, Lean Startup, litecoin, Lyft, M-Pesa, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, means of production, microcredit, mobile money, money market fund, Neal Stephenson, Network effects, new economy, Oculus Rift, off grid, pattern recognition, peer-to-peer, peer-to-peer lending, peer-to-peer model, performance metric, Peter Thiel, planetary scale, Ponzi scheme, prediction markets, price mechanism, Productivity paradox, QR code, quantitative easing, radical decentralization, ransomware, Ray Kurzweil, renewable energy credits, rent-seeking, ride hailing / ride sharing, Ronald Coase, Ronald Reagan, Salesforce, Satoshi Nakamoto, search costs, Second Machine Age, seigniorage, self-driving car, sharing economy, Silicon Valley, Skype, smart contracts, smart grid, Snow Crash, social graph, social intelligence, social software, standardized shipping container, Stephen Hawking, Steve Jobs, Steve Wozniak, Stewart Brand, supply-chain management, systems thinking, TaskRabbit, TED Talk, The Fortune at the Bottom of the Pyramid, The Nature of the Firm, The Soul of a New Machine, The Wisdom of Crowds, transaction costs, Turing complete, Turing test, Tyler Cowen, Uber and Lyft, uber lyft, unbanked and underbanked, underbanked, unorthodox policies, vertical integration, Vitalik Buterin, wealth creators, X Prize, Y2K, Yochai Benkler, Zipcar

Just like a bitcoin, it can be sent to any address.”4 The blockchain (along with smart contracts) also ensures that the devices are paid for so they continue to work. The Internet of Things cannot function without blockchain payment networks, where bitcoin is the universal transactional language. Social Energy: Powering a Neighborhood Now, instead of poles, imagine digitizing every node in a power system to create entire new peer-to-peer models of power production and distribution. Everyone gets to participate in a blockchain-enabled power grid. Under a New York State–sponsored program to increase energy resiliency even in extreme weather conditions, work is under way to create a community microgrid in the Park Slope area of Brooklyn.


pages: 494 words: 142,285

The Future of Ideas: The Fate of the Commons in a Connected World by Lawrence Lessig

AltaVista, Andy Kessler, AOL-Time Warner, barriers to entry, Bill Atkinson, business process, Cass Sunstein, commoditize, computer age, creative destruction, dark matter, decentralized internet, Dennis Ritchie, disintermediation, disruptive innovation, Donald Davies, Erik Brynjolfsson, Free Software Foundation, Garrett Hardin, George Gilder, Hacker Ethic, Hedy Lamarr / George Antheil, history of Unix, Howard Rheingold, Hush-A-Phone, HyperCard, hypertext link, Innovator's Dilemma, invention of hypertext, inventory management, invisible hand, Jean Tirole, Jeff Bezos, John Gilmore, John Perry Barlow, Joseph Schumpeter, Ken Thompson, Kenneth Arrow, Larry Wall, Leonard Kleinrock, linked data, Marc Andreessen, Menlo Park, Mitch Kapor, Network effects, new economy, OSI model, packet switching, peer-to-peer, peer-to-peer model, price mechanism, profit maximization, RAND corporation, rent control, rent-seeking, RFC: Request For Comment, Richard Stallman, Richard Thaler, Robert Bork, Ronald Coase, Search for Extraterrestrial Intelligence, SETI@home, Silicon Valley, smart grid, software patent, spectrum auction, Steve Crocker, Steven Levy, Stewart Brand, systematic bias, Ted Nelson, Telecommunications Act of 1996, the Cathedral and the Bazaar, The Chicago School, tragedy of the anticommons, Tragedy of the Commons, transaction costs, vertical integration, Yochai Benkler, zero-sum game

See also http://p2ptracker.com (summarizing current technology); “Business, Bandwidth May Dash Hopes of a Peer-to-Peer Utopia,” http://news.cnet.com/news/0-1005-201-3248711-0.html. 26 Clay Shirky, “Clay Shirky's Writings About the Internet: Economics and Culture, Media and Community, Open Source,” November 16, 2000, www.openp2p.com/pub/ a/p2p/2000/11/24/shirky1-whatisp2p.html. 27 See, e.g., Nelson Minar and Marc Hedlund, “A Network of Peers: Peer-to-Peer Models Throughout the History of the Internet,” in Peer-to-Peer: Harnessing the Benefits of a Disruptive Technology, Andy Oram, ed. (Beijing and Cambridge, Mass: O'Reilly, 2001), 3-15 (describing how the original Internet was “fundamentally designed as a peer-to-peer system” but became increasingly client/server oriented over time owing to Web browser applications, firewalls, and other factors). 28 For background on SETI, see “History of SETI,” at http://www.seti-inst.edu/ general/history.html; Eric Korpela et al., “SETI@home: Massively Distributed Computing for SETI,” at http://www.computer.org/cise/articles/seti.htm. 29 Howard Rheingold, “You Got the Power,” Wired (August 2001), at http://www.wired. com/wired/archive/8.08/comcomp.html?


Version Control With Git: Powerful Tools and Techniques for Collaborative Software Development by Jon Loeliger, Matthew McCullough

continuous integration, Debian, distributed revision control, GnuPG, Larry Wall, peer-to-peer, peer-to-peer model, pull request, revision control, Snow Crash, web application, web of trust

Unlike CVS, SVN committed changes atomically and had significantly better support for branches. BitKeeper and Mercurial were radical departures from all the aforementioned solutions. Each eliminated the central repository; instead, the store was distributed, providing each developer with his own shareable copy. Git is derived from this peer-to-peer model. Finally, Mercurial and Monotone contrived a hash fingerprint to uniquely identify a file’s content. The name assigned to the file is a moniker and a convenient handle for the user and nothing more. Git features this notion as well. Internally, the Git identifier is based on the file’s contents, a concept known as a content-addressable file store.


pages: 568 words: 164,014

Dawn of the Code War: America's Battle Against Russia, China, and the Rising Global Cyber Threat by John P. Carlin, Garrett M. Graff

1960s counterculture, A Declaration of the Independence of Cyberspace, Aaron Swartz, air gap, Andy Carvin, Apple II, Bay Area Rapid Transit, bitcoin, Brian Krebs, business climate, cloud computing, cotton gin, cryptocurrency, data acquisition, Deng Xiaoping, disinformation, driverless car, drone strike, dual-use technology, eat what you kill, Edward Snowden, fake news, false flag, Francis Fukuyama: the end of history, Hacker Ethic, information security, Internet of things, James Dyson, Jeff Bezos, John Gilmore, John Markoff, John Perry Barlow, Ken Thompson, Kevin Roose, Laura Poitras, Mark Zuckerberg, Menlo Park, millennium bug, Minecraft, Mitch Kapor, moral hazard, Morris worm, multilevel marketing, Network effects, new economy, Oklahoma City bombing, out of africa, packet switching, peer-to-peer, peer-to-peer model, performance metric, RAND corporation, ransomware, Reflections on Trusting Trust, Richard Stallman, Robert Metcalfe, Ronald Reagan, Saturday Night Live, self-driving car, shareholder value, side project, Silicon Valley, Silicon Valley startup, Skype, Snapchat, South China Sea, Steve Crocker, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, Stuxnet, The Hackers Conference, Tim Cook: Apple, trickle-down economics, Wargames Reagan, Whole Earth Catalog, Whole Earth Review, WikiLeaks, Y2K, zero day, zero-sum game

“The experienced [cybersecurity attorneys] you [could] count on one hand,” recalls Adam Hickey, who became one of the founding members of our team. We hoped to build a larger team, modeled on the approach I had seen when I coordinated the Justice Department’s CHIP network. The CHIP prosecutors, with their special training on computer crimes, cut across the various US attorney’s offices, working in a peer-to-peer model, helping to provide technical expertise. We wanted to emulate that in national security cases, combining the CHIP model with another national Justice Department team known as ATAC, the Anti-Terrorism Advisory Council, prosecutors in each office specially trained in dealing with classified sources and methods who were responsible for working with the FBI’s Joint Terrorism Task Force to help share information with state and local partners on counterterrorism cases.