In the podcast of Duct Tape Marketing Jon Jantsch interviews Tim Ferris. In the episode ‘The 4-Hour Entrepreneurial Body’ of January 4, 2011 Ferris talks about the creation of his second bestseller. Between 4 and 7 minutes from the beginning Ferris talks about how he used quick surveys. You can download or listen to the podcast here.
Yesterday CSN Conference 2011 took place. According to the organizers the leading conference on the impact and future of social media in business. With over 20 sessions and 30 speakers a wide range of facets and applications of social media. Something for everyone. In this article my personal highlights of #CSN11. Speakers who looked beyond the nice tools, nice functionalities and platforms and provided insight into social interaction, organizational processes, knowledge
A management and running a successful community
The Flemish Johan Bollen kicked off the day with an inspiring and almost unbelievable story. Bollen teaches computer science at vietnam phone number list Indiana University in the US and developed software that analyses the collective mood of people via information on social networks. No less than 10 million tweets (from the period 2006 – 2008) were entered into his database. The computer model then analysed each tweet based on 6 news from the world of digital different moods (angry, energetic, happy, calm, etc.). Bollen and his team compared the results with all kinds of indexes to see whether the mood on Twitter corresponded with the mood in ‘real’ life. By sheer coincidence, at least that’s how Bollen presented it, he and his team discovered that jiangsu mobile phone number list there was a statistically strong correlation between the public mood on Twitter and the course of the stock market price.
Bollen claims to be able to predict stock trend
As 3 to 4 days in advance based on sentiment movements on Twitter.
Finally, Bollen addressed another part of his research area. He came to the conclusion . Twitter sentiment that within social networks there are clusters of people with the same state of mind. Simply put: groups of happy or unhappy people follow each other or are friends with each other on social networking sites. According to Bollen, however, the state of mind within these clusters is quite influenceable. . An interesting thought.