We use cookies, including third-party cookies from Google to serve personalized ads through AdSense, to operate this site and understand how it is used. By continuing to browse, you accept this use. See our Privacy Policy and Terms of Use for details, including how to opt out of personalized advertising.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    What Kind of Problem-Solving Distinguishes Data Analysts From Software Engineers -- AI-generated illustration
    What Kind of Problem-Solving Distinguishes Data Analysts From Software Engineers
    7 Min Read
    chatgpt image jul 21, 2026, 04 34 30 pm
    4 Core Benefits of Predictive Maintenance after Vibration Analysis
    10 Min Read
    How Does Data Mining Boost Customer Satisfaction in Logistics? Harnessing Analytics for Results -- AI-generated illustration
    How Does Data Mining Boost Customer Satisfaction in Logistics? Harnessing Analytics for Results
    11 Min Read
    chatgpt image jul 13, 2026, 04 23 45 pm
    How Data Analytics Helps Companies Improve User Engagement
    19 Min Read
    chatgpt image jul 13, 2026, 03 59 46 pm
    How Data Analytics Improves Multi-Location Search Strategies
    10 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Social Data: Asset and Liability
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Social Data: Asset and Liability
Big Data

Social Data: Asset and Liability

MIKE20
MIKE20
3 Min Read
Social Data: Asset and Liability
Illustration generated with FLUX.2 [klein 4B] via Cloudflare Workers AI.
SHARE

In late December of 2013, Google Chairman Eric Schmidt admitted that ignoring social networking had been a big mistake. ”I guess, in our defense, we were busy working on many other things, but we should have been in that area and I take responsibility for that,” he said.

Contents
  • The New News Feeds
  • Simon Says: Big Data Is a Full-Time Job
  • Feedback

Brass tacks: Google’s misstep and Facebook’s opportunistic land grab of social media have resulted in a striking data chasm between the two behemoths. As a result, Facebook can do something that Google just can’t.

To his credit, Mark Zuckerberg has not been complacent with this lead. This is an age of ephemera. He is building upon his company’s lead in social data. Case in point: the launch of Graph Search.

The rationale here is pretty straightforward: Why let Google catch up? With Graph Search, Facebook users can determine which of their friends have gone to a Mexican restaurant in the last six months in San Francisco. What about which friends like the Rolling Stones or The Beatles? (Need to resell a ticket? Why use StubHub here? Maybe Facebook gets a cut of the transaction?) These are questions and problems that Google can’t address but Facebook can.

More Read

Big Data and AI Are Helping the Aviation Industry Reach New Heights
Big Data and AI Are Helping the Aviation Industry Reach New Heights
Implementing a Cohesive Approach to Agile Portfolio Management
How Data Monetization Can Add Value To Your Analytics
A Brief Primer On Monetizing & Unlocking Value From Healthcare Data
SAS and Socialytics

All good for Zuck et. al, right? Not really. It turns out that delivering relevant social data in a timely manner is proving remarkably elusive, even for the smart cookies at Facebook.

The New News Feeds

As Wired reported in May of 2013, Facebook “redesigned its News Feed with bolder images and special sections for friends, photos, and music, saying the activity stream will become more like a ‘personalized newspaper’ that fits better with people’s mobile lifestyles.” Of course, many users didn’t like the move, but that’s par for the course these days. You’re never going to make 1.2 billion users happy.

But Facebook quickly realized that it didn’t get the relaunch of News Feed right. Not even close. Just a few weeks before Schimdt’s revealing quote, Business Insider reported that Facebook was at it again, making major tweaks to its feed and then halting its new launch. This problem has no simple solution.

Simon Says: Big Data Is a Full-Time Job

Big Data is no picnic. “Managing” it isn’t easy, even for billion-dollar companies such as Facebook. The days of “set it and forget it” have long passed. Organizations need to be constantly monitoring the effectiveness of their data-driven products and services, to say nothing of testing for security issues. (Can someone say Target?)

Feedback

What say you?

TAGGED:social media
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Flat editorial illustration: A tech-editorial depiction of contextual re-identification risk in linked unstructured support recor
Stripping the Names Isn’t Enough: De-Identifying Unstructured Data
Exclusive Unstructured Data
Flat editorial illustration: The article connects practical management of local data, memory and software environments with direc
How Data Professionals Optimize Devices for AI and ML Projects
Artificial Intelligence Data Science Exclusive Machine Learning
Flat editorial illustration: The article connects verified lease abstraction at signing to accurate property charges and faster m
AI Lease Abstraction and Month-End Close Speed-Up Checklist
Artificial Intelligence Exclusive
Flat editorial illustration: The article explains that file-system choice determines whether Windows, macOS, and Linux can read o
Understanding File System Compatibility Across Windows, macOS, and Linux
Cloud Computing Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Data Analysis Can Transform HR Department Processes

3 Min Read
Experimenting on Facebook
Data MiningPredictive Analytics

Experimenting on Facebook

5 Min Read
Social Media and CRM
Business Intelligence

Social Media and CRM

6 Min Read
can people see deleted tweets
Big DataExclusive

Can People See Deleted Tweets? Visibility, Archives, and Account Cleanup

19 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?