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Tuesday, October 05, 2004
Good Things to Say about an Old Job There's a story in the Washington Post today about the guy/group that I used to work for. Chuck McLean and his team have developed a method of monitoring current news source in order to predict future key stories and the direction and trends in the news. This all takes place on a much higher level than what I did for the company. The part that I worked on, The Fairness Project, now seems to be referred to in the article as Access/Middle East. My understanding is that the guy is already filthy rich. If this algorithm really works, he'll be filthier richer. I thought the most interesting part of the article was the bit where the genesis of the idea is discussed: McLean says he's applying to politics something he learned doing commercial research: By the time a new product shows up in sales data, it's too late for another company to compete effectively. An aggressive competitor must analyze the technical and market environment and then develop products for that space. It's the same in politics, McLean says: By the time you see a candidate's weakness in poll numbers, it may be too late to fix it.Everyone and their brother, including me and my brother, are always coming up with good ideas for new gimmicks or new clever products to sell. The trick though is figuring out the new product early enough that you are not already behind by the time your product reaches the marketplace. If you can do that, you can make it big. Hey, wouldn't it be great to make a beer with caffiene in it? DOH! Hey, wouldn't it be great to open a neighborhood bar on Tennyson between 38th and 44th? DOH! |
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