Click for High Res

World Bank Open Data evangelist, Dr Tariq Khokhar will deliver the keynote address at the Opening Plenary of the Mona School of Business-hosted SlashRoots-Caribbean Open Data Conference, which is being presented under the theme, “Developing the Caribbean.” Describing his interests as being “where technology, transparency, poverty
and data meet”, Dr. Khokhar will speak on the topic: “Open Data: The New Revolution”. The Conference which takes place January 26-27, in the Faculty of Law building at the Mona campus, opens on the first day of the University of the West Indies’ “Research Day.”

As a co-organizer I invite you to attend the conference for the keynote address and more. Please see below:

Agenda for Jamaica: http://developingcaribbean.org/jamaica-agenda/

Event Registration: http://developingthecaribbean.eventbrite.com/

I read this interesting study on whether talent or hard work counts for the most in achieving success. of course, hard work won out over talent. Here are some excerpts:

People of great accomplishment tend to be highly intelligent. Yet, the view that creative geniuses accomplish more on account of their inherent ability does not stand up. When intellectually gifted children were followed up in middle age, their creative achievements were astonishingly small according to a celebrated study by Lewis Terman. High intelligence may be necessary for creative accomplishment but it is clearly not sufficient. Achievement in most creative fields calls for a lot of work and effort. Mastery requires many years of single-minded pursuit. Music and performance arts are something of an exception where child stars emerge much more quickly thanks, presumably, to specialized talents with which they may indeed be born given that musical ability runs in families. For most other endeavors, achievement is 99% perspiration and 1% inspiration.

The concept of genius is nothing but comforting fiction. For it helps explain why most of us do not achieve at the highest level in our chosen field: we are not geniuses. The trouble is that there is little compelling evidence in psychology for any such latent superiority. The concept of the genius may be comforting to the rest of us. Yet, it remains a fiction. 

But the following excerpts on IQ and financial success were also very interesting:

An interesting article by the economist Garett Jones of George Mason University on “National IQ and National Productivity,” essentially shows that a nation’s intelligence level is associated with a number of important economic outcomes. (Me: hence what is happening in Ja. with our educational abyss within the general population.) In the article, Jones stresses that “policymakers should include measures of national average IQ when reporting a nation’s level of human development” as at present no nation appears to do so. He also points out that one way of raising a nation’s IQ level is to allow smarter immigrants into the country. (Me: This is not a new concept, for years company’s have sought the brightest employees that they can get to increase their growth and profitability. Look at Apple. Or even IBM, worldwide as here in Ja., which has kept IBM relevant.)

Now psychologists Heiner Rindermann of Chemnitz University of Technology and James Thompson of University College London have published a paper in the journal Psychological Science on the concept of “Cognitive Capitalism: The Effect of Cognitive Ability on Wealth, as Mediated Through Scientific Achievement and Economic Freedom.” The authors examined cognitive ability datasets from over 90 countries to show that average IQ is essentially the decisive factor of human capital and that it is really the top 5% of a country’s population – or the smart fraction - that largely impacts a nation’s wealth. The authors write that “Cognitive ability influences wealth through its effects on high achievement …” (Me: that is high achievers are generally smarter people. As the first paragraph says: People of great accomplishment tend to be highly intelligent.)

Dr. Rindermann told me that because the modern cognitive demands of work and everyday life are growing, essentially “wealth has become cognitive wealth,” and in particular “high ability wealth” or the smart fraction of the population is what matters.  It is the absolute ability level of this fraction of the population that makes the difference (to a country’s wealth).

The article then goes on to speak of China — with a larger ‘smart fraction’ of people — as compared to the USA and the inevitable outcome.

Do you agree?

The inaugural conference which was a first of its kind in Jamaica, took place on Friday, November, 25th, 2011 at the Jamaica Pegasus. Caribbean BETA is “a regional technology entrepreneurship conference that brings together global experts and the best Caribbean minds on the leading edge of the tech business boom.”

In the second half of the event, startups were given a chance to pitch an idea, in the hopes of getting feedback about their concept and beating out the competitors for first place.
Dubbed “PITCHfest” by Connectimass Founder, Ingrid Riley – the pitch lineup included: Mobile and Web Apps, eLearning, Social Media, and Online Advertising.

Each startup was given a strict 5 minute limit to present, with an additional 2 minutes to field questions and receive feedback from the four judges. Each event in the BETA series encourages elevator pitches from startups – but this event was different – the audience was bigger and the best 3 pitches would receive a prize.

After approximately an hour of deliberation, the judges listed 3rd place to Socialite JA – a startup founded by Christopher Crawford and Klieon John. Socialite JA offers a range of services including: event marketing, on-line ticket sale management, banner ads, contributor space rental and engaging target audiences for their clients. Their ultimate goal is to help small organizations improve their promotional activity through on-line marketing.

The 2nd place winner was the mobile-application startup, TUMP – a startup founded by Rory Burchenson, Ramon Dunkley, Christopher Hinds, Omarie Case and Glenford Dickson. TUMP is a geo-location mobile application that connects users to business, events, discounts and deals in Jamaica. The app has features that include:

• Around me
• Nightlife
• iWant
• Freenis
• Map it

DmitriDawkins.com is proud to announce that 1st place went to DM3 Media for a pitch on a Social Data Network and business intelligence web application/ERP designed to reports and make better decisions.  Please see the embedded presentation at the end of this post.

We caught up with Ingrid Riley at the ConnectiMass follow up “Digital City Mechanics Workshop” held on Saturday, 26th November, 2011 at the JAMPRO headquarters in New Kingston, Jamaica. When asked about the inaugural Caribbean BETA staging and future events she had this to say:

“We surpassed even our own expectations. We had just over 200 attendees and the instant feedback on Twitter and Facebook showed that we were successful in serving up an experience that people learnt from, were inspired by with this conference that also providing amazing network opportunities. Caribbean BETA will be annual, we will continue with our Kingston BETA bi-monthly meet-ups and we’re about to stage Jamaica Startup Weekend which is a 54-hour experiential entrepreneurial education event. And that’s just the events side of ConnectiMass. We’re on a mission to grow tech entrepreneurship in Jamaica and across the Caribbean we have much more coming in 2012.”

This article features content originally featured on the Silicone Caribe website, for more information on this and other events, please visit: www.siliconcaribe.com. We thank Silicone Caribe and its parent company Connectimass for encouraging growth and innovation in the Jamaican ICT sector by hosting the series of BETA events.

MC Systems in association with Tax Administration Jamaica is putting on a Payroll conference on December 1, 2011 to go over the new year end tax procedures. The admission for the event is an affordable $1000. This event is geared towards anyone who would like to be updated on the new year end procedures as well as those who have questions for the Tax Administration Department. Please RSVP using the contact details in the flier above. There is also a Linked In event so you can share it with your colleagues : http://linkd.in/u91t32

If you attend, please leave feedback on this post afterwards. Thanks.

http://www.marcandangel.com/2010/11/15/12-dozen-places-to-self-educate-yourself-online/

It features 12 dozen places to educate yourself online. Personally I am a fine of MIT’s Open Courseware, but the link lists several other sources covering:

• Science and health
• Business and money
• History and world culture
• Law
• Computer science and engineering
• Mathematics
• English and communication
• Foreign and sign languages
• Plus More

Hope you enjoy!

Debit and Credit Card Spending Data

Customer Address Data

Customer Cash Flow Data

Customer Salary Data and Company Payroll Uploads

Merchant Machines

Customer Loan Data

ATM Locations and transaction data

Most people bank with a single bank, so do most companies. Regardless of that fact, thanks to ATM’s, merchant machines and loans, banks have some access to other bank’s client info. I am not sure if banks already do this, but say you want a small business loan to open a business in an area. You provide a business plan to the bank outlining your target market and projections. The bank could run a report detailing similar businesses that their customers have bought from in the area, how many of their customers in the area match your target market and the spending power of people in the area based on ATM withdrawals.

Ever heard of Foursquare? It allows businesses to see who checked into their venue, great for customer service, but suppose the bank could provide you with a report on where your customers came from based on addresses linked to credit and debit cards? That info requires no user input besides their normal purchase. It could also show how often they come, how much they spend etc. This data is so valuable and can be shared without infringing on an individual’s privacy (as long as names and exact areas are not shared).

Currently some stores keep customer accounts which partially gives them this information, but what is the incentive for users to sign up? The more user input needed the lower the success rate of collecting the data. I also think individuals should be able to run reports on their spending habits. I try to carry cash as little as possible, so most transactions are done using plastic. Why can’t I run a report on where I spent the cash by category (food, auto, utilities) and where in the island or overseas (online vs. local). I should even see ads on my online banking showing me similar stores closer to my home (so I can save money and time travelling).

Overall Banks can provide reports based on industries and cash flow across the country based on their customer data. It’s what they use to decide where to install an ATM or new branches, it would just be nice to use it for other things as well.

I like it because it captures the street hustle mentality in Jamaica. Which brings me to my idea. While waiting  by Pavilion Mall in Half Way Tree, Kingston, Jamaica yesterday I saw trends. I was intrigued at the diversity of people walking around and as usual thought to myself what would I sell to suit the different groups. So then came up with an idea for a website or fb app for people to input data (their personal preferences) and an algorithm would decide what they would sell based on what products they use and their personality.

Personality questions would decide how much risk a person is willing to take and if they are looking for a long term or short term hustle. The products they use determine what they would sell preferably, because why would you sell a product that you wouldn’t use or endorse?

So if you use a lot of phone cards and drink soda, the app should recommend you sell soda and phone cards in HWT. However if you believe in health foods and need a hustle you can sell callaloo, banana chips and bag juices. Alternatively if you want to get rich quick then it may suggest you run a “cash fi gold” scheme. I think it would be fun, hilarious and share friendly once the algorithm and interface is well designed. No two people should get the same result once you include a wide range of products. Don’t forget to include social media share buttons!

I get ideas all the time and most I don’t have time to develop. Ideally I would like to give away an idea once a week for others to develop. It should be a crime for a “good” idea to go to waste. Good idea of course is based on opinion. If you use it please let me know!

just want to update you on progress of the 2012 Slash Roots Developers Conference. The organising team is in full swing preparing for next year’s conference. The conference will be much larger and will have simultaneous events in other countries. Will release some more information as soon as I can.

Did you attend the last conference? We are interested in your feedback and suggestions for the next one. Just leave a comment on the post below.

Thanks!

This is pretty cool because now you can see how your contacts are connected. But how else can data visualisation help us?

Location:

I have been trying to track keywords and events based on location via social media tools for a long time. The issue with social sites like Twitter is that people don’t set their location correctly. For instance if a Twitter user enters Jamaica as their location then it assumes Jamaica, New York, USA, not the country. Also people use other terms like jamdown, jamrock, or just cities like Kingston or Montego Bay. When trying to find tweets from a specific area even if the person matches the keywords the location may be off.

So I first considered creating a list of Jamaican twitter users, however how will this be updated (migration etc.)? Then I thought of tracking interactions and then flagging users as Jamaican, but once again that would require alot of human interaction. Ideally I want something automated and dynamic. InMaps gave me a potential answer. Track interactions between users and then group them into subsets just like InMaps. Couple that with a metrics system, where a user with properly filled out Location or listed under multiple twitter lists with specific keywords or Klout has a higher metric than others. When users are associated with other users with higher metrics it helps to create focal points for the network.

Online communities are associated by content, relation (friends, family, groups, alumni) or location. By establishing the link between individuals online we can create a dynamic social mapping tool more accurate than what currently exists, even more accurate than what the user them-self knows. This would allow analysis of keywords by social-location-grouping or possibly by profession, education, and more.

What are your views?