Faith Merino from Vator had published the article "Silicon Valley needs to step outside Silicon Valley"
I see a tech space that is out of control.
is a large dotcom bubble fueled by venture investment funds, investors
who are dragging other investors to continue investing until they can
sell shares of the company and recover leveraged money, but the last
holder of shares is going to lose.
Many technology companies, without
having a concrete business model (supposedly will generate revenue from
advertising and premium subscription accounts) receive millions of
dollars in funding to offer something free, acquiring fastly a large
mass of captive users as if they had made them addicts, and then, the
exit strategy (for investors) is to get someone to buy the company at a
staggering figure, as did Blogger, Fotolog, MySpace, YouTube, Skype,
Bebo and others. They are like continually inflating balloons and they
need to find a buyer before they explode. If they can not find a private
buyer for the entire company, the investors had the strategy of going
public, to start trading its shares on the New York Stock Exchange, they
turn those pieces of paper (shares) in real money, they get thousands
of buyers purchasing lower small parts (shares).
What comes after the Social Networking wave?
The Next Big Investment Opportunity on the Internet will be .... Personalization!
Personality Based Recommender Systems and Strict Personality Based Compatibility Matching Engines for serious Online Dating with the normative 16PF5 personality test.
Personality Based Recommender Systems are the next generation of recommender systems because they perform far better than Behavioural ones (past actions and pattern of personal preferences)
That is the only way to improve recommender systems, to include the
personality traits of their users. They need to calculate personality
similarity between users but there are different formulas to calculate
similarity. Recommender systems are
morphing to .......... compatibility matching engines, as the same used
in the Online Dating Industry since years, with low success rates until
now because they mostly use the Big Five to assess personality and the
Pearson correlation coefficient to calculate similarity.
The Big Five (Big 5, FFI, FFM, OCEAN model) normative personality test is obsolete. The HEXACO
(a.k.a. Big Six) is another oversimplification. Online Dating sites have
very big databases,
in the range of 20,000,000 (twenty million) profiles, so the Big Five
model or the HEXACO model are not enough for predictive purposes. That
is why I suggest the 16PF5 test instead and another method to calculate
similarity. I calculate similarity in personality patterns
with (a proprietary) pattern recognition by correlation method. It
takes into account the score and the trend to score of any pattern. Also
it takes into account women under hormonal treatment because several
studies showed contraceptive pills users make different mate choices, on
average, compared to non-users. "Only short-term but not long-term partner preferences tend to vary with the menstrual cycle".
[Also some Psychologists began to
encourage the use of other tests for the Online Dating Industry, like:
California Psychological Inventory (CPI)
The Millon Index of Personality Styles-Revised (MIPS Revised)
but my best recommendation is, of course, the 16PF5 normative personality test.
Nor the CPI nor the MIPS can outperform the 16PF5.]
If you want to be first in the "personalization arena" == Personality
Based Recommender Systems, you should understand HOW TO INNOVATE in the ............ Online Dating Industry first of all!