Yahoo! has recently rolled
out Yahoo! Experts, renewing interest in this emerging category.
Expert services take web functionality far beyond the flat
navigational experience of the search engine or categorized
directory. You're able to get answers to specific questions
by qualified experts who are eager to help. The experts
lurking on these sites aren't all top-drawer, but for true
interactivity it beats Asking Jeeves hands down.
For hobbyists only
Clearly, such services are only as good as the experts involved.
Thus Yahoo!'s service may wind up being close to the bottom
when it comes to reliability of information. Ease of use
may be high, and a critical mass of users may make the service
relatively useful and most of all fun to use. But it should
be grouped with other "less serious" forms of
net interaction.
Other expert exchanges which emphasize free advice got
into the game earlier and may have a slightly better crop
of advice-givers on board. Examples of services which emphasize
free advice are ExpertCentral and AllExperts (now owned
by About); askme.com; Looksmart Live!; and several others.
In spite of their free orientation, there are an impressive
number of qualified people helping out in such places.
The Internet has always been about
volunteering expertise
The exchange of highly specialized knowledge on a voluntary
basis has a long Internet history. For net veterans, this
is simply a natural extension of online life. I recently
needed to find out from some reliable horse's mouth about
buying a computer monitor, for example. You can surf around
all you want, but somehow it just feels better when you
ask "the group" - if it's a group of cyber-friends
whom you trust. So I waded into the ever-trusty Silicon
Investor, where everyone's supposed to be talking about
P/E ratios, and got some absolutely terrific answers from
the technically-inclined group on the "Build Your Dream
Machine" thread. Incidentally, the monitor is a KDS
Avitron - a lot of bang for the buck, if you like a Trinitron
picture tube.
Pay-for-expertise sites are not
all alike, either
There is now considerable interest in the pay expert service
category. EXP and Keen.com emphasize pay-for answers. The
fact that money is changing hands may attract more qualified
consultants, especially in categories more suited to the
quasi-hiring of consultants to sniff out a valuable answer
to a practical business, professional, or home repair problem.
Keen has attracted significant investment capital, including
an arrangement with Microsoft. The most recent (third) round
put $42 million more into Keen's coffers, as reported by
Brett Mendel in Dot Com Winners and Losers. Three probable
reasons for the investor interest: Keen has a compelling
platform for exchange of expert advice; its technology addresses
the need for live, pay-per-minute telephone advice; and
finally, it has moved away from the broad-based consumer
market and into the business of providing its service to
partners, in line with the vertical/corporate shift that
has taken place at many so-called "B2C dot coms."
Personally, as a sometime consultant, I still don't like
the atmosphere at Keen. The economics just don't make enough
sense. Being pulled away from the rhythm of other work for
a few cents a minute just doesn't make it worthwhile. Most
consultants are comfortable with the combination of totally
free advice and negotiated and often substantial sums for
initial consultations and projects. The jury's still out
as to whether enough advice-givers and advice-takers will
find an economic fit at Keen. You can find innumerable experts
here willing to help you fix your problems with Windows
98 for pennies a minute. It still boggles my mind that they'd
want to spend their time in this fashion, but then again,
when I was 14, I made 6 cents an hour delivering newspapers
in the snow.
Not that there's anything wrong
with that
The Keen service also has an ace in the hole: a lot of the
transactions appear to be related to the wonderful world
of sex and soft core porn - under the guise of advice. Given
the costs associated with professional dating services,
and even those $5-a-minute heavy-breathing-chat services
you see advertised on TV, many customers will see Keen as
cut-rate flirting. Beyond that, there is plenty of the other
cut-rate schlock you might expect, like psychics, tarot,
and dream interpretation. Again, probably a bargain at half
the price, but cheaper than an hour on Niles Crane's couch.
This is actually a pretty serious issue. With modern society
has come expert syndrome, what author Henry Jacoby (27 years
ago) called the bureaucratization of the world. Old coping
mechanisms have been replaced by rational information searches
and the medicalization of many personal problems. In university
I had a French professor who called us all in to his office
one by one just to get to know us better. He asked every
student a few somewhat personal questions, including: "If
you had psychological difficulty, what would you be inclined
to do - talk to a friend or see a counselor?" It seemed
like some sort of test. My gut instinct was to say I'd talk
to a friend, and I think I passed the professor's test.
I still wonder what he was driving at, but as a humanities
expert with traditional sensibilities, I believe he was
highly sceptical of the manner in which institutions like
universities had begun meddling in students' personal problems
with too much professional advice. Family and friends, in
this scenario, lose ground to credentialed experts.
But what happens when we begin to seek advice from purported
experts who actually don't have any credentials? Do online
services make it easier for hucksters to gain a following?
It's a sad commentary on the state of our society that
people wanting advice on the best way to cook that pot roast
can't call a friend. If you watch David Letterman, you might
remember that people phoned into the Butterball Hot Line
in droves to get turkey-cooking advice; Letterman's funniest
answer was something along the lines of "screw it -
get drunk and go to KFC." Imagine what our ancestors
would say to someone calling a hot line to handle basic
household matters! If you want advice about which $12 bottle
of wine is going to knock the socks off that special someone,
wouldn't it be nice if you could call a family member or
just ask the nice people in the wine store? Why do so many
people want advice from faraway strangers? The "a"
word (anomie) and the "l" word (loneliness) could
be big factors. But to be fair, online interaction can turn
strangers into friends, and curious people into paying clients.
There's money in schlock
The weird twist at places like Keen is that the answer-givers
often seem to be the opposite of qualified: visitors to
the Keen home page are encouraged to "find out what
their significant other is thinking" with the help
of "relationship psychics." It's probably worth
it just for the entertainment value. We truly are amusing
ourselves to death - the shocking thing is how many people
actually listen to the advice.
InfoMarkets builds expert exchanges with a professional
flavor
Another (more serious-minded) newcomer in the pay-for-expert
space is New York-based InfoMarkets. This week I talked
with brainy InfoMarkets CEO Michael Stern, who was careful
to emphasize that this company is infrastructure player
and does not seek to become a destination site in itself.
InfoMarkets is a builder of an expert advice exchange platform
which can be private labeled by any partner site.
InfoMarkets' recent win was a deal to power the expert
advice center at NBC Internet. Stern says that a number
of other deals are being completed right now, ranging from
horizontal portals to niche vertical sites to professional
associations' web sites, but they won't be announced just
yet. While the terms of the arrangements vary, most partnerships
are set up on a revenue-sharing basis.
A quick glance at the InfoMarkets platform suggests that
it's highly functional and might be a congenial environment
for a guru to hang out their shingle and put a price on
their knowledge. For anyone who wants an expert exchange
on their site, InfoMarkets looks like a good bet.
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