The Real-Time Fire Hose: How to Sip and Not Drown
Dr. Andreas Weigend
MIT/Stanford Venture Lab: “The Real Time Web”
Tuesday, April 20, 2010, 7pm
Stanford Graduate School of Business, Bishop Auditorium
The cost of creating, sharing and distributing data in real time has become essentially zero, leading to an explosion of content, ranging from the geo-location of your favorite taco truck to a detailed picture of the evolving situation right after the Haiti earthquake.
Last month, more than 1 billion messages were created on Twitter, and more than 15 billion pieces of content were shared on Facebook. Every minute, 20 hours of video are uploaded to YouTube. The amount of data created by individuals doubles every 1.5 to 2 years.
In this event, we engage with the entrepreneurs, investors, and established players to separate the reality from the hype and explore the following topics:
· What new products and services are emerging to enable people effectively manage and digest the ever-increasing torrents of information?
· Where and how can real-time data help us make better decisions?
· What insights can we gain by analyzing and visualizing this amount of data?
· What are the opportunities for entrepreneurs and companies?
· What new business models will emerge that can lead to monetization?
On Tuesday April 20, 2010, as part of the MIT/Stanford Venture Lab series at Stanford’s GSB, Andreas Weigend (who teaches MS&E 237 this Spring Quarter) will lead a panel of entrepreneurs, investors and scientists to help the audience understand the relevance and the underlying value of the real-time web and the social data revolution.
The MIT/Stanford Venture Lab (VLAB: www.vlab.org) is the San Francisco Bay Area chapter of the MIT Enterprise Forum, a non-profit organization dedicated to promoting the growth and success of high-tech entrepreneurial ventures by connecting ideas, technology and people. We host the largest ongoing gathering of Silicon Valley entrepreneurs, venture capitalists and thought leaders at our monthly events at the Stanford Graduate School of Business. Each event gathers the leading minds in technology to discuss an idea or trend that will have a significant impact upon the industry before sold out audiences of 300+ (our ecosystem includes 25,000+ Silicon Valley influencers).
