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	<title>Ross Parker &#187; market</title>
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		<title>One way in which the internet saves my life</title>
		<link>http://www.rossparker.com/2009/10/06/one-way-in-which-the-internet-saves-my-life/</link>
		<comments>http://www.rossparker.com/2009/10/06/one-way-in-which-the-internet-saves-my-life/#comments</comments>
		<pubDate>Tue, 06 Oct 2009 19:41:57 +0000</pubDate>
		<dc:creator>Ross</dc:creator>
				<category><![CDATA[Learning]]></category>
		<category><![CDATA[Living]]></category>
		<category><![CDATA[Thinking]]></category>
		<category><![CDATA[computing]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[grid computing]]></category>
		<category><![CDATA[ideas]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[marketplace]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://www.rossparker.com/?p=366</guid>
		<description><![CDATA[I think of a number of ideas about new concepts, products and companies every day. The overwhelming majority of these ideas are terrible. However, occasionally [...]]]></description>
			<content:encoded><![CDATA[<p>I think of a number of ideas about new concepts, products and companies every day. The overwhelming majority of these ideas are terrible. However, occasionally I think of something worth developing further. My first step is to check to see if I got there too late. A couple of quick Google searches and normally I will have proved that there are indeed no new things under the sun.</p>
<p>This morning I thought: &#8220;What if, instead of donating your surplus computing capacity (idle processor time, storage or bandwidth) to a project like Seti@home, you could set a price for that capacity and trade it on a global marketplace? You could enter your input prices, which would mainly reflect your power/energy costs, and then the market would allocate computing tasks in an efficient manner.&#8221;</p>
<p>I followed it up further and I am far from the first person to have this idea, it seems.</p>
<ul>
<li>The GridEcon Research Project exploring &#8220;a marketplace for computing resources&#8221; (<a href="http://www.eurosouthkorea-ict.org/documents/coop_event/Altmann.pdf" onclick="pageTracker._trackPageview('/outgoing/www.eurosouthkorea-ict.org/documents/coop_event/Altmann.pdf?referer=');">PDF</a>)</li>
<li>&#8220;Compute Power Market: Towards a Market-Orientated Grid&#8221; (<a href="http://www.buyya.com/papers/cpm.pdf" onclick="pageTracker._trackPageview('/outgoing/www.buyya.com/papers/cpm.pdf?referer=');">PDF</a>)</li>
<li><a href="http://www.zimory.com/index.php?id=77" onclick="pageTracker._trackPageview('/outgoing/www.zimory.com/index.php?id=77&amp;referer=');">Zimory</a>, a (live?) German system</li>
</ul>
<p>I am not annoyed that I didn&#8217;t get there first &#8211; in retrospect, it&#8217;s an obvious idea. I would, however, have been annoyed if I had put time into this idea before realising that others were working on it. In this way, the internet saves me <em>years</em> of thinking time.</p>
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