Mike Isaac

Recent Posts by Mike Isaac

Foursquare Launches Numbered Ratings System

Foursquare on Monday unveiled a new numbers-based ratings system for locations within the mobile app. When users look for locations to visit using the “Explore” feature, places are ranked on a 10-point scale, taking into account signals like tips, loyalty and popularity. In a jab to competitor Yelp, Foursquare claims it’s more informative than a one- to five-star ratings system, which relies on users and ultimately averages out to give little information.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work