
Yesterday at Baynote we had the privilege of a visit by a delegation from China’s Consulate General office in San Francisco including the Consul General himself Gao Zhansheng.
We initially discussed Baynote’s platform and why its peer-driven recommendations are particularly important to business and society at large. This lead to a more philosophical conversation regarding crowd-wisdom and how out of touch both big business and big government can be. We discussed how so many of the specific problems which have lead up to today’s financial problems were matters of disconnect. You’ve heard me say it before but people want the connection they used to have with “mom & pop” businesses. Likewise, they probably also want the connection they get in “town hall” interaction with government leaders. The Chinese officials teased with an old saying in China: “connect the crowd and serve the people.” Except that we all want to do this online now.
Despite the difference in our economic systems and the fact that these weren’t technologists, the concept of “the crowd is free” really resonated with them. They understood the limits of experts. Someone on their team asked about the applicability of crowd-wisdom to government sites as a means to be more responsive. Except for NASA.gov, there are few U.S. government websites doing this….yet. It’s coming, it has to.
When I was telling them we had Baynote on roughly 180 sites, the Consul General joked “That’s too bad, I wish it were more, I have trouble finding what I need on the web, you need to get out onto more sites.” “We will, they are coming,” I responded.
“You know Chairman Mao understood this,” someone commented. “He said ‘Crowds have infinite power.’”
While we didn’t explicitly talk about the massive bailout announced this Sunday, it was clear to me by the tone of our conversations that the team from the consulate were looking at today’s climate as a global issue. They wanted to know what it would take for a business to make it in this climate, not just in China but here in the U.S, and what kind of governmental policy or innovative technology they can help to push.
I explained that it’s never easy, but that starting a business in this environment is incredibly tough right now. It’s winner take all — you would have to be #1 to make it here. The upside is that there are a lot of great lessons to learn from the wave of “nice to have” Web 2.0 technologies that can’t demonstrate ROI. Be innovative, address a real market problem, and be able to demonstrate ROI quickly with very little risk and you could thrive. Baynote is fortunate to be in the position we are in today, and much of our success comes from following these rules.
At parting, they presented us a nice set of gifts — a scale-down Terracotta soldier, a couple of DVDs for the Beijing Olympics… The Baynote team was truly impressed by the officials. They were smart, very knowledgeable, curious and extremely passionate about innovations and technologies — not normal traits of any diplomats. We wish them well!