September 5, 2009

Wikipedia - Then And Now!!

Social Media Business Model Change:

Wikipedia, the free encyclopedia that anyone can edit, got its three millionth article in English tonight. The family of sites as a whole has more than 13 million articles in more than 260 languages, not counting discussion pages and other errata. Wikipedia's millionth article was about a train station and the two millionth was on a Spanish TV show. This one is a biography of a Norwegian actress and director named Beate Eriksen. True to form you can also find bios of Eriksen in about half-a-dozen other languages, and the article is changing rapidly due to all the attention. Sponsor

Figuring it Out:

The pace at which edits to the site roll by is pretty blinding, so the exact article was determined via a bot written by a Wikipedia editor.

The announcement comes just before the annual Wikimania conference, which is an international gathering of contributors to all the Wikimedia Foundation projects. Wikimedia Commons, the free media repository that's a sister project to Wikipedia, is also expected to have its 5 millionth image or video uploaded before the end of the month. Another recent development is the beta release of a new skin for Wikipedia, one which is the first complete usability overhaul for the site in years. For a taste of Wikipedia's future look, either log in on the site or check out our screenshot below of the 3 millionth article.

Is Deletion on the Docket?

The biography may be the first legitimate article to be called the 3 millionth, but that doesn't mean it will stay that way. The article in question has no special status, and could be deleted like any other if it doesn't comply with the site's standards for inclusion. If it is deleted, then it looks like an article entitled Portuguese Fireplace would default to the 3 millionth article. The one page created just after Eriksen's biography wouldn't really count, since it's simply a redirect to one of the site's many disambiguation pages.

Get it Straight: Wikipedia isn't Dying
In the past month there's been a media narrative floating about that Wikipedia is in decline. Nearly all of the articles have referenced research by scientists at PARC's (as in Xerox Parc) Augmented Social Cognition group.

The studies by PARC are some of the best scientific analysis of Wikipedia's community ever done, but it's led to some rather sensationalist conclusions by media outlets. PARC's models for Wikipedia's growth and community are ones shared by some within Wikipedia's community, but neither contingent is openly saying that the site is on its last legs. As this milestone demonstrates, a changing community doesn't spell imminent doom for Wikipedia.

Change in Business Model:

Wikipedia came up with the concept of color coding. It will be concept where the user edit article will be given color based on their expertise on the subject and the valid content in the article.

Wikipedia tightens editing rules and hence restricting user to edit all the articles especially the one which is related to the living people.

But still,

People are paying big time and are using wiki as their prime source of information.

Confusing Facts – But made me think for a while. –Article by expert.

I was saying all this in support of the Wikipedia survival but still, I came up at one article which has a set of solid reasons that why Wikipedia will fail in the near future if they don’t change their strategy from the core.

My Personal Views:

Wikipedia should leave its own business model and should try to figure out some other ways to survive in this competitive market.

May be its time to embrace the age old internet site revenue source – ADVERTISEMENT!!!

Copyright © Hardik Upadhyay

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1 comment:

  1. Yes, I agree with u.Currently Wiki gets its revenue from Wikimedia Foundation, a charitable organization which depends on its loyal customer base for its funds(which is no doubt huge). But no company can attain long term sustainability if it depends on people's charity, because loyalties are known to change! Its time Wiki change its revenue model and move on to more lucrative forms like Advertizing and corporate tie up's. Alternatively wiki can form reaearch team's which can provide provide corporate research services to research companies.

    Overall very good thoughts, keep going!