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Digg, DataPortability, and business models

Following my post last week on the DataPortability Working Group, Digg has just announced on its blog that it is joining it too. It says:

Want to sync your Digg friends network with another service? We want to help you do that.

Want to use your Digg activity to get recommendations from another web site? We’re working on that, too.

Digg already supports many of the open standards that let you use your data on sites other than Digg… We’ll be adding more open standards… in the coming months.

VentureBeat offers some interesting thoughts on what this might imply, including social network portability and targeted advertising models.

Just as important is the further momentum this adds to DataPortability. Mashable shows the results of a user survey on what people think about DataPortability, showing just under half think there are great results already. With Facebook, Google, LinkedIn, Microsoft, and now many of the other relevant parties involved, it’s up to the Dataportability group to fulfil its promise. Knowing the people involved, their technical competence and their passion for doing this right, the odds are strongly stacked in favor of this significantly changing the online landscape this year. Internet business strategists will have to reconsider business models. And most importantly, as I wrote the other day, the real potential is to massively increase the value of the Net to all users.

For the most current insights and trends in the living networks, follow @rossdawson on Twitter!

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Ross Dawson is globally recognized as a leading futurist, entrepreneur, keynote speaker, strategy advisor, and bestselling author. He is Founding Chairman of AHT Group, which consists of 3 companies: consulting, publishing, and ventures firm Advanced Human Technologies, future and strategy firm Future Exploration Network, and events company The Insight Exchange.

Ross is author most recently of Implementing Enterprise 2.0, the prescient Living Networks, which anticipated the social network revolution, and the Amazon.com bestseller Developing Knowledge-Based Client Relationships (click on the links for free chapter downloads). He is based in Sydney and San Francisco with his wife jewellery designer Victoria Buckley and two beautiful young daughters.

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