Archive for June, 2009

Best place to buy books in Australia

June 17th, 2009

A few days ago I wrote about a business idea to setup a amazon.com proxy business to save on shipping. Turns out there are some alternatives stores that are even better if you want specific things like books.

I’ve just discovered Booko, a book search engine and price aggregate for Australians. You type a search query, pick a book and it generates a list of the best prices for you from hundreds of stores around the world with shipping and exchange rates calculated for you. Why couldn’t I find this last time I wanted to buy a book? It looks like a new start up so word hasn’t spread about them yet.

I think this is great entreprenuerism. The creator found a niche problem in the market, solved it and from a first impression, solved it well. He wasn’t too ambitious like other price aggregates around that ultimately fail because they search for too broad a veriaty of products for too broad an audience and end up being too slow and don’t provide enough information about specific products.

Twitter isn’t that great

June 16th, 2009

Just saw a post about google suggest for ‘work is’ showing that people hate their jobs, so I tried one for twitter.

According to google suggest:

twitter is crap 5,900,000 results
twitter is a waste of time 3,410,000 results
twitter is lame 2,590,000 results
twitter is over capacity 1,200,000 results
twitter is down 60,900,000 results
twitter israel 4,020,000 results
twitter is for losers 967,000 results
twitter issues 64,000,000 results
twitter is for twits 495,000 results
twitter is not email 35,600,000 results

All negative.

Interestingly if you search ‘work is f’, “work is fun” comes up with 363 million results, so it’s not all bad out there! Searching for ‘twitter is g’ also returns 96 million results for twitter. I wonder why google returns the most negative of the results while some of the positive ones clearly have more results.

Skin on Warm Milk

June 15th, 2009

It’s 10 degrees Celsius here and drinking warm milk before bed has never felt better.  :) glass-of-milk

Business idea: Bulk Amazon.com orders in Australia

June 14th, 2009

Amazon.com is a great store, it sells just about anything at very cheap prices. Too bad we don’t have a local one in Australia because I think there would be a lot of demand for one, especially since there’s nothing like it online here. (There are a few that tries to do what amazon does but are not very successful because it doesn’t have the variety of products and large user review base that Amazon.com has, this is essential for it to work).

The Australian dollar is back on the rise against the U.S. dollar so it’s more and more worth while to buy things like books and CDs from the U.S. The only thing that is holding people back is the shipping cost. I personally know people who wait until a group of friends also want to make an order and order together to save on shipping.

What if there was a place that connects Australian Amazon.com customers together to allow them to arrange group orders to save on shipping? This could be a simple forum where people can meet and discuss orders together, or a sophisticated web2.0 website with social networking built in and matches similar orders autonomously, and anywhere in between. Or, what if you provided a service to make the orders for customers? This approach would make you the middleman. This allows you to charge a commission in exchange for providing customers a piece of mind and saving them the hassle of deciding on a common shipping address and finding the right person to make the order.

Risks – things that would prevent the business from succeeding:
* lack of audience so not enough people know about the site to make it useful, this site would need an initial group of eager customers.
* Amazon.com rethinking their decision not to have an Australian store and actually building one here would render your service redundant.
* copycat websites possibly already with a large user base taking your market share.

Any entrepreneur who wishes to start this business must be willing to take on these risks.

Are we in control of our decisions?

June 14th, 2009

It turns out we’re not. This videos shows some shoking experiments done to show that people make irrational decisions when there is a default decision that’s already made, and a problem designer can influence people’s decisions by changing these defaults.

Behavioral economics Dan Ariely the author of Predictably Irrational, uses classic visual illusions and his own counterintuitive (and sometimes shocking) research findings to show how we’re not as rational as we think when we make decisions.

Interestingly, given two different choices A and B each with percentage of preference 50%, adding a third choice A2 that is just like A but not as good (so the preference between A and A2 is 100% vs 0%), A suddenly becomes more attractive, even more so than B. This is a similar to but not quite like the independence of irrelevant alternatives condition in voting systems where a third loosing candidate can steal the win away from the winning candidate by taking his votes. This consequence has a lot of applications in marketing. Simply by offering worse but very similar alternatives to the product that you’re trying to sell, it’s possible to make your product look better than competitor products! Although this would only work if the competitors product quite different, but still a substitute to yours.

Perhaps the most remarkable experiment was one given to doctors. A patient is about to be sent for hip replacement, but one group of doctors was given another decision, they can pull the patient back from the surgery and give them ibuprofen instead. It’s obvious that ibuprofin is a much better alternative than hip replacement, so the doctors would decide to pull the patient back. The other group of doctors was given ibuprofen and piroxicam as alternatives. The doctors chose to let the patient go through with the hip replacement. This is worrying indeed. Piroxicam and ibuprofen are obvious better alternatives, but since the doctors would have to make another choice to choose between Piroxicam or ibuprofen, it makes the decision all of the sudden more complicated, they don’t know what to do and choose to let the patient stay on his default path.

This is similar to the concept of paralysis presented by Barry Schwartz on the paradox of choice. When you have too many choices of similar value, the choice becomes more difficult and you are unhappy as a result even if all choices are good ones. The opportunity cost of choosing one over another seem higher.

Both the books ‘The Paradox of Choice’ and ‘Predicably Irrational’ has been added to my reading list.

Getting your facebook username

June 13th, 2009

For anyone who doesn’t already know, you can now register for a facebook user name by visiting the url http://www.facebook.com/username

Periods apparently doesn’t matter. If you take johndough as a user name, it also reserves john.dough, joh.n.dough, etc.

Some interesting ones I’ve seen so far

http://www.facebook.com/dragonfist

http://www.facebook.com/jizzedinmypants

http://www.facebook.com/lolcat

http://www.facebook.com/robosaurus

http://www.facebook.com/charizard

http://www.facebook.com/bulbasaur

http://www.facebook.com/retard

http://www.facebook.com/fatass

http://www.facebook.com/yourmum

http://www.facebook.com/spartacus

http://www.facebook.com/raped

http://www.facebook.com/pwn3d

http://www.facebook.com/blingbling

If I Were A Poet

June 10th, 2009

If I were a poet,
I would write this poem.
If i write this poem,
Time would pass me by.

If time passed me by,
I would fail the test.
If I fail the test,
I will be sadface. :’(

If I am sadface, :’(
Then I am a sad poet.
If I am a sad poet,
I would write a poem.

*queue in rap music*
A poem that is solemn
About a time when I had a problem
A problem of extravagance
Wasting time as I explore
The book of your face
As I delete my myspace

I would visit my homie G
And check my G-mail
There’s no email? epic fail!

Hit the wiki wiki pedia
And read about geology
Be inspired by the synergy
That created this encyclopedia
Now that’s some serious media

As I realize I’m sitting here
As time passes by *rap music stops*
Reality kicks me right in the groin
“What am I doing here
On youtube watching a mime?”
I’m just wasting my time
Trying to rhyme

If I were a poet
I would write more poetry
But I’m not a poet
And I need to study

Collaboration: The missing element in the classroom

June 9th, 2009

You’re friend asks you for help on a university assignment. Do you help her? If yes, would you change your answer if you are doing the same assignment? If you said no, why? Does Is the plagiarism policy that your classes beat over your head that’s on your conscience? Is it the feeling that you’ve worked hard to do it on your own and helping someone else is helping a free loader?

I’m reluctant to help friends because of this some times, and it always bothers me afterwards because it’s silly. Translate this into the real world. You’re friend and colleague has had a busy week and can’t get his portion of the work done in time, so he asks you for help. Do you help him? If you were a true friend and assuming you had the time and knowledge, you would. By helping him it’s a chance for you to show your appreciation for your friendship, and you can bond over the work. It helps him get through that week of work and your relationship strengthens. Everyone wins. Back to the assignment scenario. If you help your friend, you might get caught for plagiarism. If you help your friend, she might do better than you in the assignment. The fact that you’re being judged for your work creates an ethical dilemma between your duty to your friendship and your duty to encourage what’s fair which is to let her finish the assignment without help so that she does not have an unfair advantage over others.

This is what the education system got wrong. In the real world, opportunity for collaboration far outweigh the opportunity for competition. Sure if you were competing for a job position in an interview you might be reluctant to help, but most of the time it’s beneficial to collaborate. Most academic assessments do not encourage collaboration.

The problem starts in school, where the no cheating policy is heavily emphasised. Schools have implanted the association between cheating and everything bad into our minds. Cheating is a loaded word. Most of the time, cheating is simply copying, it’s a form of imitation. People imitate all the time; ideas build on ideas. It’s a natural thing to do, if someone figured out a solution to a hard problem, you would want to know. The said person would want to share it and put his name to the credits. In school you can’t do that. You can write down the solution to a problem and give credit to your classmate who showed it to you. You are expected to do everything by yourself, without the help of others. There is a reason for that, and that is to help you learn. You cannot learn effectively if all you’re doing is copying everyone all the time. You need to have original ideas, or at least, you need to be able to take someone’s idea/solution/answer whatever, and build on it.

I’m not apologetic for plagiarism or cheating here, I’m simply complaining that there isn’t enough opportunities for collaboration in schools. Sure individual learning is important, but we need to learn to collaborate as well. The assessment structure that most courses have does not encourage this, it sets up competing ethical dilemmas that is counter intuitive to situations that most of us will face in the real world.