Realtime news becomes programmable "LEGO"
Posted on Saturday, February 9, 2008
A good post over at O'Reilly Radar on the evolutionary nature of news agencies and the semantic web, carrying amongst others the following copy:
The end of benefits from decreasing the time it takes for news to hit the market. He describes the quest for zero latency in news, from the telegraph and early stock tickers and the news business that Reuters pioneered through today's electronic trading systems. (Dale Dougherty wrote about this yesterday, in a story about the history of the Associated Press.) As we reach the end of that trend, with information disseminated instantly to the market via the internet, he increasingly sees Reuters' job to be making connections, going from news to insight. He sees semantic markup to make it easier to follow paths of meaning through the data as an important part of Reuters' future.
What I think does ultimately matter is the ability of professional media to build specialized interfaces and vertical data stores that are suited to their niche, hopefully harnessing data and services from the consumer internet, and mashing them up with specialized, perhaps private, data stores. Put that together with metadata for programmable re-use, and you may really have something.