Wilbanks Keynote NFAIS 2012

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Keynote slides as delivered at the NFAIS 2012 meeting. Theme was "the emerging new normal".

Transcript of Wilbanks Keynote NFAIS 2012

THIS NEW NORMAL YOU SPEAK OF DO YOU KNOW WHAT IT IS?

SMALL CHOICES INNETWORK DESIGNMAKE BIG CHANGESIN NETWORK OUTCOMES.

great for reducingtransaction costs

attractive to big institutions and companies

old normal.

new normal?

for the hub, it’s afantasticnew normal

great forfairness and scale

when allowedto evolve…

great for unintended

consequences

ARE YOU LOGGEDINTO TWITTERRIGHT NOW?

1. YES2. NO

don‘t care how, I want it now…

wherever I am…

on every device.

THERE IS ALSO AN ECONOMICDIMENSION

14,000 articles @ $1350 each

$18,900,000

in 2011

THERE IS ALSO A MORALDIMENSION

THERE IS ALSO A SCIENTIFICDIMENSION

HAVE YOU EVEREMAILED A COPY OF A PDF TO A COLLEAGUE?

1. YES2. NO

new normal?

new normal?

“normal” peopleare becoming

sensorssensed

processorsparticipants

DATAPUBLICATIONIS NOT A MAGIC ANSWER.

“data mining = the data are mine”“you can’t possibly understand it”“i need to protect my postdocs”

“i might get sued”“someone else might find the key”

“i‘m not paid to make data for others”“it’s not secure”

publish now?

publish now?

publish now?

HAVE YOU EVERCURATED A DATASET BY YOURSELF?

1. YES2. NO

SCENARIO 1

RADICAL INCREMENTALISM

ACRONYM WARS!

ACRONYM WARS!

frpaarwa

sopa pipa

civil disobedience

routing aroundthe damage

SCENARIO 2

A TALE OF TWO SH*TS

I AM GOING TO CURE MY CANCERIN MY GARAGE

I AM GOING TO CURE MY CANCERIN MY GARAGE

sh*t #1: bullsh*t

#2: holy sh*t!

NOTICE: EXTREMEABSENCE OF TRADITIONALINFORMATIONPLAYERS

SCENARIO 3

WEAK, SIMPLE, OPEN, TOGETHER.

weak = weakness

simple = simplistic

open = unpaid

use open datato determine embargoes

full protection

NC protection

true OA - CC BY

but must be based onopen data

WHEN IT COMESTO DATA, THINKEARLY INTERNET, NOT FACEBOOK

2010

simpleweakopen

together

design principlesfor unintended consequences

the new normal is rarely built by the old normal.

thank you

@wilbankshttp://del-fi.org