Saturday, December 19, 2009

The Misconception About Twitter

If you were to conduct a survey that asked people "what's Twitter?," what do you think they would say? I can tell you that a majority would not even have a clue the main purpose of it, and the other half would only attempt to describe it. Either way, both groups have misconceptions about the popular social "utility", and it's time to get some cleared up.

The big misconception that people have about Twitter is that it's just another Facebook. Another site where you can tell your followers what you did last night. The simple answer to that hypothesis is no! Facebook and Twitter are used in different ways, and arguably one cannot be substituted for the other. As most of us know, Facebook is about you. It's a network of your pictures, statuses, comments, and a whole bunch of personal information that some people should not even know about. Simply enough, Facebook is a book with your face on it, and everything inside this book is about you. Twitter is not about you, it's about the world around you. Twitter asks you to answer the question "What's Happening?," because it wants you to share the world around you from your perspective. If Facebook is about the individual, than Twitter is about information (in real time!). Twitter users are what I like to call "citizen journalists", because information is passed around by regular ordinary citizens, just like you.

Of course there are going to be people out there who tweet unneeded information like what they ate for breakfast this morning, but all they're doing is wasting their own time. If your looking for a conversation, then go onto Facebook where you can also tell your friends how delicious it was! Twitter is not used for a conversation, it just wasn't intended to be.

My views on Facebook are not off the record, just read The Demise of Facebook and The Demise of Facebook II. I'm all about useful information and that is why I like Twitter. I use it everyday to get updates from my favourite news networks, sports networks, my family & friends, journalists, celebrities, and so much more. The most fascinating feature of Twitter is "Twitter Search" that will search what people are tweeting about in real-time. I use Google as a secondary search engine when it comes to trends and current events because Twitter Search is much more up-to-date and current.

Media plays a massive role in how we get our information, and what Twitter does is get rid of the middleman between the event and the media. Before Twitter, an event would occur and we would hear it on TV (biased or unbiased), but now, an event occurs and we get first hand information from Twitter, unbiased and direct as it was intended to be, before we hear it on TV. Twitter lets the people play the middleman, and it allows for neutral, firsthand information right from the source.

Put it this way, I found out Michael Jackson died 10 minutes before it was on TV. The point isn't about the 10 minute difference, it's about the speed at which information travels firsthand and how it has become a major source for millions of people. Journalists on CNN were tweeting the information before it was on TV. It's fast, it's convenient, and it's not Facebook! What else do you want?

Sunday, December 6, 2009

Canadian Recession Comes To An End... Technically

Ever since the recession started, it was hard to think that there was light at the end of the tunnel. The first recession of the 21st century that started in the 3rd quarter of 2008. A recession is one of the downfalls of living in a capitalist world with a business cycle; what goes up must eventually go down. But on the contrary, what goes down must eventually go up, and for Canada, all signs are looking good.

According to StatsCan, the Canadian economy expanded 0.1 per cent in the third quarter of 2009, the first quarterly gain since the third quarter of 2008. Economists define a recession as two or more consecutive quarters of economic contraction, so the expansion of the economy after three consecutive quarterly contractions means that, in technical terms, the Canadian recession is over for now.

But just because the recession is technically over, doesn't mean Canada is 100% back the way it was before. GDP growth is a great way to track the growth of the economy, but the best indicator in my opinion is the unemployment rate. The Canadian unemployment rate stands at 8.5%, which in my estimations means the "real" recession is still ongoing. Though the unemployment rate has declined for months now, it's only diminishing at a minor rate. When workers get back to work and accumulate their wealth, consumer confidence will increase resulting in spending and a boost in the economy. It will take time for investors to regain the wealth they had lost in the stock market. The TSX is already at the highest it has been since October 2008. Always think positive!

Friday, December 4, 2009

2010 World Cup Draw


One of the greatest sporting events, and certainly my favourite, the FIFA World Cup is only 6 months away. 2010 will be the first year that the worlds largest event will be in Africa (South Africa) and everyone was paying close attention to the group draws that were made today. The 32 teams competing for the World Cup are divided into 8 groups. Here are a list of the groups.


GROUP AGROUP B
South AfricaArgentina
MexicoSouth Korea
UruguayNigeria
FranceGreece
GROUP CGROUP D
EnglandGermany
United StatesAustralia
AlgeriaGhana
SloveniaSerbia
GROUP EGROUP F
NetherlandsItaly
JapanNew Zealand
CameroonParaguay
DenmarkSlovakia
GROUP GGROUP H
BrazilSpain
North KoreaHonduras
Côte d'IvoireChile
PortugalSwitzerland
Every World Cup there is a self-proclaimed "Group of Death." This time around, I am giving "Group G" this covenant title. Brazil and Portugal are the obvious favourites, and along with probably one of the hottest teams going into the World Cup, Côte d'Ivoire, these teams will be fighting for the top 2 spots in the group. Oh yeah, there's North Korea too, but never count a team out.

Also, the official match ball was unveiled prior to the draws, and this year it is given the name "Jabulani." Let the countdown begin to June 11th!!