Go Summarize

a16z Podcast | The Meaning of Emoji

a16z2019-01-02
110 views|5 years ago
💫 Short Summary

The video explores the history and evolution of network effects, emphasizing their exponential value growth and application in hardware and software companies. It discusses the significance of personal utility, market networks, and different types of network effects for building dominance in the digital world. The importance of product-market fit, real names, and utility in social networking platforms is highlighted. The evolution of emojis, their representation, and approval process by the Unicode Consortium is discussed. The use of emojis in modern communication, customization, and their impact on sentiment analysis are examined. The video also delves into self-representation through emojis and stickers, the significance of masks in communication, and a project translating Moby Dick into emojis. Additionally, it touches on the upcoming emoji con event in San Francisco.

✨ Highlights
📊 Transcript
Evolution of network effects.
00:48
AT&T recognized network effects in 1907 due to increased customer happiness from network connections.
Metcalfe's law explains exponential value growth with each addition to a network.
Network effects began with hardware like telephones and Ethernet.
Network effects are now applied in software companies like Facebook.
Importance of Metcalfe's law in building network effects.
02:55
Metcalfe's law states that the value of a network increases exponentially with the number of connections.
Microsoft operating system in the late 90s exemplifies the network effect.
Network effects are crucial for software businesses to gain a competitive advantage.
Limited defensive abilities in the software realm make network effects a powerful tool for dominance in the digital world.
Evolution of networking technologies from pre-2000 to post-2000 with Facebook as a key player.
05:10
Facebook played a significant role in connecting people and providing value through social connections, news, and events.
The shift to mobile technology further facilitated communication and sharing, leading to network effects and interconnected devices.
Inherent desire of technology to connect resulted in the formation of networks, enabling network effects and greater connectivity.
Different types of network effects were discussed, with direct network effects exemplified by Facebook's user connections and value derived from the network.
The video segment discusses the evolution of language around network effects, identifying nine types.
07:59
It highlights the importance of personal direct network effects, like those seen with Facebook Messenger.
The segment emphasizes the impact of personal utility on platform adoption and engagement.
It delves into the concept of market networks, where financial transactions further incentivize user retention.
Messaging platforms may have a stronger network effect than social connections due to their personal utility and longevity.
Evolution and Impact of Network Effects on Marketplaces.
10:46
Airbnb initially faced slow growth due to building supply and demand, but accelerated after three years with enough liquidity.
Two-sided network effects, like Microsoft in the 90s, involve platforms that developers plug into, creating a necessity for users.
Understanding the type of network effect is crucial for effective growth strategies, with different effects impacting competition and sustainability.
The importance of bandwagon effects and network effects in the success of companies like Slack and HipChat.
12:47
Bandwagon effect refers to social pressure to use popular platforms, affecting user adoption.
Differentiating between brand and bandwagon effects is crucial, as early popularity does not ensure sustained growth.
Influencers and early adopters play a significant role in driving viral growth of products like Instagram.
Understanding these dynamics helps companies make strategic decisions on feature development and marketing investments.
Importance of product-market fit for building network effects.
16:44
MySpace's failure attributed to lack of strong retention and allowing connections with strangers.
Facebook's success due to focus on repeat usage and daily communication.
Difficulty in determining when network effects kick in and measuring value as user base grows.
Emphasis on competitive markets like mobile on-demand services.
Importance of real names and utility in social networking platforms.
18:15
Facebook focused on utility to strengthen its network effect, while Myspace declined in relevance.
WhatsApp targeted international communities by providing a free alternative to expensive SMS rates.
WhatsApp's growth was supported by the simplicity of its product and partnerships with carriers.
Importance of Network Effects in Businesses
21:39
Retaining users is crucial for achieving network effects in businesses.
Building features and functionality is key for network effect businesses, differentiating them from viral loops.
Growth potential and defense ability are essential considerations in businesses, focusing on customer acquisition cost and organic growth.
The discussion ends with gratitude towards participants and teases a future podcast episode on emoji and innovation.
Emojis evolved from confusion to a form of self-expression.
23:10
Despite a variety of food emojis, there is no dumpling emoji.
The universality of dumplings in various cuisines is highlighted.
The segment explores the regulation of emojis by the Unicode consortium.
The process behind emoji selection and approval is revealed.
Membership and meetings of the Unicode Consortium.
25:16
The Unicode Consortium has 12 full voting members, including tech giants like Oracle, IBM, Google, and Facebook, and international companies like SAP and Huawei.
Quarterly meetings are held to discuss and approve new proposals, such as emoji designs.
Strict criteria are in place for emoji selection, avoiding direct representations of celebrities, deities, or logos.
Controversy arose over the Easter Island head emoji for cultural insensitivity, sparking discussions on appropriate emoji representation.
Evolution of Emojis and Cultural Influences in Apple and Android Devices.
28:31
Emojis on Apple and Android devices differ due to cultural influences and partnerships with local telcos.
Standardization of emojis in Unicode was needed to prevent rendering issues on various platforms.
Bunny woman emoji on Android has Japanese cultural roots and references to Playboy bunnies.
Approval process for emojis involves demonstrating vendor usage and arguments for completion, such as the addition of chopsticks emojis after knife and fork emojis.
The Importance of Emoji in Modern Communication.
31:45
Emoji provide a way to convey emotions and reactions beyond words in a text-heavy culture.
Their popularity is due to the need for nonverbal communication in a digital world dominated by text-based interactions.
Unicode emphasizes the value of ambiguity in emojis, allowing for multiple interpretations and adding to their charm.
The use of emojis reflects a shift towards more visual and expressive forms of communication in response to the prevalence of text-based communication in modern society.
The significance of emojis in modern communication.
32:53
Emojis help convey emotions and meanings that text alone may not capture, providing a wider range of expression in communication.
Emoticons, dating back to the 19th century, were the early form of visual representation in text.
Emojis are a Japanese drawing language, representing objects, nouns, and actions.
Each emoji has a code point assigned for rendering on different devices.
Evolution of Emoji Design by Operating Systems.
36:38
Companies like Facebook and Twitter are creating their own emoji sets to avoid legal liabilities and showcase innovation.
Microsoft, Apple, and Google have evolved their emoji designs over time, with Microsoft's unique choice of gray emojis.
Customization of emoji sets without going through Unicode, using examples like the gay family emoji compound.
Emojis are essentially invisible glue characters that unravel into multiple characters if the recipient cannot render them.
The need for professional female emojis is debated, highlighting the limited representation of women in existing emojis.
37:51
Political influence in emoji creation is discussed, particularly in decisions regarding country flags.
Emojis are criticized for their limited ability to represent the diverse aspects of humanity due to a finite set of options.
The challenge of expressing various identities and relationships through emojis is recognized, prompting discussions on inclusivity and representation in emoji design.
Importance of representation for people of color in emoji evolution.
41:28
Inclusion of a range of skin tones in emojis empowers individuals to see themselves accurately represented.
Limitations of emoji customization in capturing more nuanced aspects of cultural and racial identity.
Emphasis on the impact of diverse representation in emojis and ongoing efforts to address issues of inclusivity.
Concerns about the unsustainability of sending inline images instead of standardized emojis.
44:10
Limitations of emojis in conveying emotions compared to stickers discussed.
Importance of universal images for cross-platform communication emphasized.
Standardization crucial for accessibility, as emojis have names and are more easily interpretable for visually impaired individuals.
Significance of emojis in modern communication highlighted with mention of 'face with tears of joy' emoji as word of the year by the Oxford English Dictionary.
Evolution of Emoji Usage in the Digital Age.
46:17
Companies owning proprietary emojis have caused tension between standardization and freedom of expression in the digital world.
Emojis are being used to create a more machine-readable web, allowing for codifying emotions and sentiment analysis beyond binary responses.
Traditional sentiment analysis is considered broken due to rigid semantic definitions, leading to the need for new methods like analyzing Facebook reactions.
The concept of a 'mood graph' aims to track and analyze individuals' constantly changing moods, providing insights into emotional states.
Importance of representation in emojis and digital stickers.
48:40
Significance of bitmoji as highly customizable stickers.
Snapchat's acquisition of bitmoji symbolizes the trend of self-representation through digital stickers.
Concept relates to the uncanny valley and desire for customizable cartoonish representations.
Viral Chewbacca mask video showcases empowerment of self-expression through filters and digital communication.
Discussion on significance of masks and emojis in representing identities.
51:41
Consideration of writing a book entirely in emoji and translating a book into emoji.
Initial thoughts on translating the Bible into emoji, which was deemed too obvious.
Challenges of translating complex works like Moby Dick into symbolic characters.
Difficulty of portraying historical figures like founding fathers in a modern context.
Experimenting with Mechanical Turk for translating Moby Dick into emojis.
53:47
Challenges faced in splicing sentences and creating an emoji picker tool.
Reverse engineering iPhone SDK to obtain raw emojis for the project.
Writing regular expressions to analyze sentences and develop a unique approach.
Displaying the translation of 'Call me Ishmael' into emojis on the website, showcasing Turk workers' creativity.
Success of Emoji Translation Project
56:11
The speaker's project involved emojis and translations which led to a successful Kickstarter campaign.
Thousands of copies of an emoji deck were sold, with various color options available.
The project attracted the attention of the Library of Congress, who acquired it as a cultural item.
Despite skepticism, the speaker sent a copy and received a certificate in digital form, with the project being listed as a translation of Moby Dick on the Library of Congress website.
The first ever emoji con will be held in November in San Francisco.
58:14
Activities at the event will include panels, talks, a Film Festival, hackathon, and art show.
The event aims to bring people together to discuss the cultural significance of emojis and their impact.
Attendees will include members of the Unicode emoji subcommittee, co-chairs, and industry experts.
The event will coincide with the Unicode conference and Technical Committee meeting, aligning with election day.