The three network laws are Sarnoff’s Law, Metcalfe’s Law,
and Reed’s Law. Sarnoff’s Law has to do more with ratings and shares. It is
when the value of the network increases linearly with the number of people on
it. This applies to traditional broadcasting like television and radio. Metcalfe’s
Law has to do with communication networks. It is where a communications network
has “n” members and each member can make “n-1” connections. They subtract one,
because you cannot count yourself. For this law the value of a communication
network increases roughly by “n^2.” The bad things about this law is that the
value isn’t defined and it assumes all connections are equal. Reed’s Law has to
do with social network affiliations. It claims that utility of a network with
“n” members increases exponentially or “2^n.” This explains the power of social
networks and various groups that form because of network affiliations. I agree
mostly with Reed’s Law, because it applies to what is going on in today’s
society with Social Networking. Also Sarnoff’s Law just focuses on traditional media
and does not include online networks and Metcalfe’s Law assumes all connections
are equal when they are not. I think those are two huge disadvantages to those laws. Five years
from now I think people will get their information by searching for it on their
devices. I think that everything electronic will be able to connect to the
internet, including televisions. Even now, gaming systems can connect to the
internet to play other gamers across the world and you can tell when you
friends are “online.” Right now everything is going digital. Books are being
published online and readers can just download all their favorite books to
their kindle. That’s just one of the many devices that can hold tons of information and you can also search anything you want from the device.
I think as time progresses our society will become almost completely digital.
I agree with you Hannah, I think that Reed's Law is substantially more relevant for today's society. In today's society we are constantly utilizing social networks to create and build relationships. Reed's Law enables us to understand the value of the relationships established through these connections, whereas Sarnoff's Law and Metcalfe's Law do not recognize the effects of relationships in terms of things that are socially relevant to our society today. In the next 5 years I believe that people will continue to utilize mobile devices to obtain information because they are portable,quick, efficient and they are becoming more and more affordable.
ReplyDeleteHannah, I agree with what you said about Reed's law and how it seems to be the most relevant to today's society. With the use of the internet and interactive websites, there are so many more relationships and connections that are built than those that could be measured with the simple ideas behind Sarnoff's law.
ReplyDeleteI also agree with what you said about technology in 5 years from now. Technology is already starting to come into play in every aspect of our lives, including television and books, so I only see it becoming more integrated in the future!