Thursday, August 14, 2008

Internet as a Free-Scale Network

This blog is my attempt to dive deep into topics that interest me the most. I'm a Systems Analysis/Architect with a background in Economics so my interest span the business world and the computing/technical world.

I'm always looking for a patterns and/or theory in nature, as well as the Internet. The Internet futile grounds in which I can analyze it's various ecosystems and compare or contrast with nature. Albert-Laszlo Barabasi back in 1999 introduced the concept of a "scale-free network" whose degree of distribution follows a power law.

To put this in laymans terms there are many events in a scale-free networks such as the Internet has many nodes, which are websites, of which 80 percent have a few links and 20 percent have a large number of incoming links. The 80-20 rule, also formally known as Pareto Principle, states that for many events, 80% of the effects come from 20% of the causes. The priciples of the 80-20 rule was popularized in 2004 by Chris Anderson's book titled "The Long Tail". I hope to delve deeper into the scale-free networks nuts and bolts and their implication for business models. More to come soon.

No comments:

Post a Comment