Recommended Reading: March 29, 2015

A good presentation by Matthias Schrader on digital business models where the focus is on the benefits of the product:

The new imperative: develop digital services that radically improve the user experience and benefits of products and services and sustainably change user behavior.

http://de.slideshare.net/mattes/geschaeftsmodelle-20-share

Livestream is the new mainstream

Richard Gutjahr again on live stream apps:

The fact that live broadcasts by amateurs can quickly lead to breakdowns, hysteria or even false information should not be ignored. However: When I look at how many journalistic and ethical lapses I encountered just in the course of reporting on the recent plane crash, we professionals shouldn't act as if everything we deliver in such situations is gold.

http://www.gutjahr.biz/2015/03/livestream-journalismus/

The music industry is now taking over network politics

In Germany, Sigmar Gabriel has appointed Dieter Gorny, chairman of the Federal Association of the Music Industry and founder of the music channel VIVA, as Commissioner for Creative and Digital Economy.

Many thanks to the SPD for handing over internet policy to those who know it best: the music industry!

https://netzpolitik.org/2015/die-musikindustrie-uebernimmt-jetzt-die-netzpolitik/

In God we trust, all others bring references

Christoph Janz from Point Nine Capital shares an important piece of advice that I will follow when hiring employees in the future:

Don't hire people without taking references.

http://christophjanz.blogspot.com/2015/03/in-god-we-trust-all-others-bring.html

You thought Bitcoins were just a temporary hype? Then think again!

The Watson author Philipp Löpfe, who I highly value, has written a background article on Bitcoins:

Although Bitcoins are a digital currency, the principle was already known to the tribal societies in the South Seas, more precisely on the island of Yap. The legendary Yap stone was a kind of “prehistoric blockchain”. The mutual obligations of a village community were carved on these huge stones.

http://www.watson.ch/Front/articles/532087012-Du-hast-gedacht%2C-die-Bitcoins-waren-bloss-ein-vor%C3%BCbergehender-Hype%3F-Dann-denk-nochmal-nach%21

Six-eye principle for aviation - when machines monitor people

In manager magazin, Prof. Raul Rojas explains how a combination of technology and people could further increase flight safety:

Malaysia Airlines Flight 370 appears to have had its flight transponder turned off manually. That goes too far: Pilots should be allowed to do almost anything in the cockpit, but not turn off safety devices.

http://www.manager-magazin.de/unternehmen/artikel/a-1026136.html

Everyone is a media critic

Stefan Niggemeier writes a meta-meta media criticism in the FAZ:

But it certainly also has something to do with the fact that it is the first “act” of this dimension to occur in the age of ubiquity of social media. Everyone is suddenly a media critic, can formulate their objection on Facebook and Twitter or in the media comment sections, make their dissent visible, and express their outrage uninhibitedly.

http://www.faz.net/aktuell/feuilleton/medien/germanwings-absturz-jeder-ist-ein-medienkritiker-13511170-p2.html?printPagedArticle=true#pageIndex_3

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