The Benefits of Attention
Participants
- Session Leader ** - Paul Martino, Aggregate Knowledge
Paul Martino
Anu Nigam
Mike Prince
Erik Adibard
Pete Kazanjy
Dan Beltramo
Steve Portigal
Patrick Launay
Natalie Quizon
Asha Vellaikal
Introduction
Paul started with giving a background on Aggregate Knowledge (AK):
- Insights from his time at Tribe Networks: Attention data and finding stuff that I care about is an interesting problem.
- Again, discovery of relevant content and products on major websites is a huge problem. Solving this discovery problem leads to more sales, more page views and a better user experience.
- Search is only part of the puzzle. Attention data (behavior) is key
- Attention data is being ignored for most parts today. Largely, the data is used by marketing teams - reports for page views/session, unique visitors etc. Sometimes the product people use it for A/B testing. The customer gets no immediate benefit.
- Recommendations are the killer app of attention data
- Attention (behavior) based recommendations
- making your site sticky
- promote discovery
- Web2.0 principles make this easy to do. Legacy recommedation systems involve enterprise software integration. With AK products, this can be done in real-time. Integration as easy as 2 API calls.
- Multiple examples: In Tribe Networks, such recommendations became the primary navigation metaphor - no one went through the top-down directory.
- Click-stream behavior - let users be your editors. Some people call this user-bsed editorial. People who read this also read that.
- AK can produce highly contextual recommendations based on mining attention data. Can be done for events (Mercury News), products (ABC Stores retail)
- Relative to clickstreams, ratings are not that useful in the sense of using them for computation-oriented recommendations.
- Privacy is intrinsic to the design of the system. Only keeps anonymized session data with just behavior patterns. Need to pay attention to third-party cookies and other related issues.
Q & A Session
Q: Do you have clickfraud?
A: Yes - but it needs massive volume to be successful. Would need cluster of servers all around the world with geo-targeting.
Q: Why can't you have ratings in parallel with attention-based recommendations?
A: Its subjective. For example, currently talking to Power Reviews (http://powerreviews.com), which is a web service to add comments to products to do a joint package with them. Recomputing math based on a rating on 1-5 starts is hard with more noise than signal.
Q: For MySpace, there is one distinct gesture -add me. This signifier is too broad that it means nothing.
A: Its hard to expect people to classify their social network as acquaintance, real-friend etc. And in addition, even if they do it, its hard to do computations on them. The key is using groups as a better filter as opposed to friends. The problem is to find the right filtering group.
Its hard also to add weights to the algorithm. Should Purchase data have a different rate of integrity as compared to view data. Weighting by buy data could be more useful than view data for cross-selling purposes. However, just for discovery, view data is important.
Q: Do you use the "twins" approach?
A: No, AK uses an item-based collaborative filtering solution. IBM uses another model, based on mentor-based training. Item-based filtering keeps AK clean on privacy issues which is a traditional battle. AK optimized for privacy-compliant, anonymous-item, etc. In general, performance of item-based filtering is far superior.
Q: What about suggesting things that you already viewed?
A: There is definitely a risk in item-based filtering to show products thta the user has already purchsaed. One of the biggest lessons is to tell the user why you are doing it - For example, Amazon says: "people who bought this also bought.." which is better than "we recommend you ..". Works better with user psychology as well.
Q: What are the metrics by which AK is judged?
A: Page views/session, Engagement - how often they come back in any month, How often they post back in the collective.
Discussion: Digg vs. Netscape
There is a danger providing financial incentives to only 1% of the contributors. You need all the participants in a natural ecosystem - core contributors, secondary contributors, audience etc.
Q: Incentive for fraud.
A: As AK's footprint gets bigger, there will be more incentive to game the system. However, it remains to be seen whether any clear economic incentive exists to game AK. Bottomline - any network effect business will have gaming issues. Level of effort needed to spoof AK woul dbe hard.
Asides
- According to Paul, Google hardly does PageRank anymore. On 2-3 billion pages, hard to do graph-based computation(?). Current Google implementation is a loose approximation of PageRank.
- Key pitch: Be as good as Amazon recommendations iwth just two lines of Javascript.
- 35-40% of all Amazon revenue comes from the usage of the extra systems that Amazon provides - reviews, wiki, bought this bought that etc.
- Tivo recommendations are horrible in spite of having a goldmine of clean data. Need a change of algorithm/approach.
- Multiple viewers or users in same household on the same device is one of the hardest issues.
- Guys with the most data wins the game and not necessarily the one with the best algorithms.
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