Home » Archive » Initial public offering: knowledge

, written by Jeremy. Read the commentary.

A billion-dollar IPO for Johns Hopkins!?! William R. Brody, President of the Johns Hopkins University, is looking for money – or at least for some value. I think he’s found it.

Mr. Brody makes an interesting comparison: Google’s $1.67 billion initial public offering and librarians. Librarians?

Citing Moore’s Law which states computing power increases exponentially over time and relating that growth to the challenge of managing petabytes of information, Mr. Brody captures a point he says is missing from Google mania:

“Massive information overload is placing librarians in an ever more important role as human search engines. They are trained and gifted at ferreting out and vetting the key resource material when you need it. Today’s technology is spectacular — but it can’t always trump a skilled human.”

This is sort of a hum-drum, old-hat sort of rave except for the interesting comparison he started with: $1.67 billion vs. librarians.

$1.67 billion in unused information. $1.67 billion in ill-directed proposals. $1.67 billion in gap finding exercises without $1.67 billion in information using exercises. Information is valuable, precious, and the best, priceless – but only when well used, applied, and supplemented with understanding.

How well are you using your information and intellectual property? Better yet, how well are you leveraging the knowledge around you?

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