Viralizing YouTube Videos: Key Insights and Strategies

Chapter 9
Viralizing Video Clips
How do I viralize a YouTube video?
Introduction
YouTube dominates the market of 
user-generated
video content
Viralization
what exactly does it take for a video to become 
viral
YouTube viewing 
is an example of [
information spread
creates
 dependencies
]
 
YouTube was founded in February 
2005
 by three former
PayPal employees
In November 2006, it was acquired by Google
People watch videos on YouTube so much that the site
became a 
search engine
 
second in size 
only to Google
itself
Addictive
 nature of
recommendation sidebar
brings viewers through a
continuous stream of
relevant
 short-clips for up
to hours at a time before
they click out of it
400 hours worth of new content was being
uploaded every single 
minute
, which is almost 66
years of content per day
Viral Style
 
What makes videos go 
viral
?
YouTube logs 
user behavior
, including interactions with their
video player
This data is analyzed to see how people watch videos and which
videos have gone viral
YouTube Insight – analytic tools
1
st
 video achieving viral status?
Gangnam Style 
by PSY released in July 2012: 1
st
 video ever to
break 
1 billion 
views in 5 months; it proceeds to hit 
2 billion
mark by May 2014
 
Viral Style (as of 2016)
 
Since 2013, 12 other videos have also broken 1 billion
barrier
Second to Gangnam Style in view count as of early 2016
was Taylor Swift’s “Blank Space” with 1.3 billion views
Gangnam Style was still the only video to have hit 
two
billion
When it surpassed 
2,147,483,647
 views in 
December
2014
, YouTube appeared to have literally lost count, as
the value displayed on the main page came to a 
grinding
halt
Why?
32-bit counter: 2
31
-1
Bring Viewers to Videos
 
How does a video get so popular?
4 main paths may lead a viewer to a particular YouTube
clip in the 
first place
a 
search
 
with terms the video is tagged with, on sites like
Google
a 
referral
 
from e.g., email, Facebook, or ads promoting the
video
a 
subscription
 
to YouTube channel that posts the video
a 
recommendation
 
to the video given in 
YouTube’s sidebar
Subscription
 and 
recommendation 
play a bigger role in
deciding a video’s 
popularity
 than # of likes/dislikes it has
How does YouTube generate its 
recommendations
?
 
 
Bring Viewers to Videos
 
Does YouTube use a 
collaborative filtering
 algorithm like
Netflix
 does for recommending movies?
Does it use 
PageRank
-style algorithm like 
Google
 to rank clips by
“importance?”
Neither algorithm translate well to YouTube
Why?
Unlike 
Netflix movies
, 
YouTube videos 
are typically 
short
 
in
length
 and 
lifecycle
, and have variable viewing behavior
make it 
hard to establish consistent system for users rating clips
For PageRank approach, need to “link” clips together somehow,
e.g., by searching a video’s description for hyperlinks to other
clips or by comparing tags between videos for matches in
keywords
tags and descriptions can be rather 
unreliable in quality
YouTube video recommendation is different, and 
much simpler
 
 
Bring Viewers to Videos
 
We learned in Chapter 8 about 
co-participation
 - weighted links
between students by their co-participation in discussion
threads, and vice versa
YouTube keeps track of 
co-visitation
 
count
 
for 
pairs of videos
,
i.e., the number of times 
both
 videos were watched by a viewer
in some recent time window, say past 24 hours
Weighted video-to-video graph
 
 
YouTube 
seems to 
take 
co-visitation
graph
 and combines it with match of
keywords
 in the video title, tags, and
summary to generate recommendations
Often only those videos with 
watch-
count
 similar to, or 
slightly higher
than 
(
why?
), that of current video are
shown in recommendation
positive feedback
 
 
 
(making 
widely
 
watched
 videos to become 
even more widely watched
)
Defining Viral
 
What is exactly is meant by “
viral
?”
total views over time 
looks like 
curve (c)
Three important features
high total view count
rapid increase of sufficient (long) duration
(sometimes) short time before rapid increase begins
 
No “golden formula” to
guarantee a video will
become viral
Popularity
 
Models
 that have been developed for 
information
spread 
can give insight into why viralization may occur
Subjects of 
information spread
models have analyzed 
spread of “items” 
– ranging from
physical products
 to 
diseases 
through populations
Factors
 that attract people to an item in the first
place???
intrinsic value
 that the item brings to a person - some
may like it, regardless of what others think about it
in many instances, a person’s decision to obtain an item
will depend on others
network effect
 
 
Network Effect
Network effect
 for two reasons
1.
value
 of service or product may depend on the number
of people who use it
examples of phone and FaceBook
positive network effect 
- as more people use them, they
become more valuable to each individual
2.
knowing
 what others think about an item can affect
your decision
have you ever watched a movie because your friends told
you that it was good, irrespective of whether it is the
genre you typically like?
peoples’ opinions and decisions are influenced by others
the crowds are no longer “wise”, because 
assumption of
independence no longer holds
. What results instead is
fallacy of crowds
Popularity
 
Both 
intrinsic value 
and
 network effect
 apply to a
person’s choosing to watch a video on YouTube
YouTube site itself 
does
 
have a 
positive network effect
Which one is more influential?
 
1.
intrinsic value 
of the clip to
the person (whether it
matches her preferences)
2.
fallacy of crowds 
(whether
she sees/knows a lot of other
people watching it)
 
network effect 
that spread video
viewing through 
population
, and hence
has a larger impact on a video going
viral
 
Need to 
quantify
 network effect
Fallacy of Crowds
Quantifying 
network effects 
is no easy task
dependent on individual, item, and situation of interest
Model for 
information cascade
 
What would you do if you saw someone standing on a street corner looking up at sky?
Thinking the person has nose bleed, and go on with your business
What if you saw 
ten
 
people
 
standing together looking up at the sky?
Probably stop and look, thinking that something may be wrong
This makes the crowd even bigger
, so the next person passing by will see 11 people,
which is even more convincing to stop and look
 
 
 
Example of
information cascade
Information Cascade
 
People follow actions of the crowd, and 
ignore
 their own
internal reasoning
Information cascade 
arises when 
[independence
assumption
 about opinions (which is behind the wisdom of
crowds) 
breaks down
]
Instead of complete independence in decision-making,
decisions become 
completely dependent on what has
happened before
 
 
 
 
e.g.:
 
stock market bubbles, fashions, Volvo’s epic split, etc.
 
 
Information Cascade
 
You are more likely to stumble upon a video that is
already popular
Even if the video 
doesn’t
 match your taste, you may
be compelled to 
see what it’s all about
You might decide to stop viewing it if you don’t like
it
, but this will 
still count towards the viewing
number 
shown next to the video, and partially
determines its place on the recommendation page
A higher view count will in turn influence more people,
and this accumulation keeps on building
 
Making Decision in Sequence
 
What process will eventually trigger an information
cascade?
Sequential decision making - each person gets a 
private
signal
 
(e.g., my nose starts bleeding) and releases a 
public
action
 
(e.g., tilt my head to the sky)
Subsequent users can observe 
public
 
action, but not
private signal
When there are enough public actions of the same type
(e.g., ten people looking at the sky), then all later users will
ignore their own private signals and simply follow what
others are doing
At this point, a cascade has been triggered……….
Key question of   ?
how many public actions are enough?
 
 
 
 
Making Decision in Sequence
How many public actions are 
enough
 to trigger a cascade
depends on situation
probably much harder to get everyone to watch your YouTube video
than it is to get people to look up at the sky
A cascade can accumulate to a large size through
positive feedback
more people display the same public action gives the next person
more incentive to follow, which makes the group larger, thereby
creating more incentive, etc.
positive feedback 
feeds off 
its own unabated influence, generating
more influence, and continues to grows larger 
Making Decision in Sequence
 
vs. 
negative feedback
, which systematically 
counteract an
effect
 to reach an equilibrium in network (through, e.g.,
distributed power control or usage-based pricing)
Is public action “right” or “wrong?”
could be either
“everyone is looking up, but there is nothing of interest
in the sky” is 
wrong
 
 an example of 
fallacy
 of crowds
Cascade is 
fragile
: even if a few private signals are
leaked to the public (one person shouts “I am looking
up the sky because I have a nosebleed), the cascade
can quickly disappear or even reverse direction. Why?
Since people are following the crowd, they 
have little
faith 
in what they are doing, even though many are
doing the same thing
 
 
 
Number-guessing
thought Experiment
A group of people lined up to play a game in which they will 
guess
 one
number
The 
moderator
 
has picked either 0 or 1 to be the (single) 
true
 
number
One at a time, each person comes up to a blackboard, where she is to
write down what she think (guess) the number is
The moderator has two cards, one of which has a 0 written on it, and
one of which has a 1
When a person comes up, the moderator shows
him/her a card, with either 0 or 1 written on it –
serving as the person’s 
private signal
There’s 
no guarantee
 that the number a person is
shown will be right, but everyone is told that there’s a
higher chance
 that the card they are shown 
is right
than wrong
If the true number is 0, the moderator has a chance, say 80%, of showing the 0 card, 20% of showing the 1 card
If the true number is 1, the moderator has a chance, say 80%, of showing the 1 card, 20% of showing the 0 card
Each person’s guess written on blackboard is her 
public action
When a person making a guess, she gets to see 
public actions 
of everyone who guessed 
before
 her, but she does 
not
 get
to see private signals they were shown
Number-Guessing
thought Experiment
Consider 
1
st
 person Alice
; what should she do?
There’s 
nothing
 currently on blackboard, so all she has to write
(
public action
) is the number on the card (
private signal
)  shown
to her [
she knows this number is more likely to be right than
wrong
]
Consider 
2
nd
 person Bob
; 
how is his situation different from
Alice’s?
Not only does Bob see 
[
both
 public action that Alice wrote (
PUB
I
) 
and
 his own private signal (
PRV II
)
]
, he also knows 
how Alice
reasoned
Bob cannot see Alice’s private signal, but he knows it must be the
same as PUB I, because Alice had no other information when she
guessed. 
So Bob really knows two private signals, 
PRV I
 and 
PRV II
if they are both 0, then obviously Bob will write down 0
if they are both 1, then similarly, Bob will write down 1
when different, 
randomly
 choose 0 or 1
 
 
Number-Guessing
thought Experiment
 
Now, here comes 
the first chance 
of an information cascade
starting…….
When 
3
rd
 person Cara 
goes up to board, what does she know?
she is shown a 
private signal 
(PRV III) on a card
she sees 
public actions 
of first two users (PUB I and PUB II) on
blackboard
Cara needs to compare PUB I and PUB II
 
 
If they are different
, Cara knows 
Alice’s
and 
Bob’s
 
private signals
 must have been
different
, too; 
Bob must have seen a
mismatch and guessed randomly
. 
These
two conflicting private signals
 
cancel out
,
leaving Cara (3
rd
) in exactly the same
shoes that Alice – the 1
st
 person – was
.
Cara would then just guess based on her own
private signal, PRV III
 
 
 the 4
th
 person will be in the same shoes as Bob
Number-Guessing
thought Experiment
 
If PUB I and PUB II are 
the same 
(OO or 11)
if Cara’s PRV III matches, then it’s a no-brainer: she knows 
two
private signals
 (hers and Alice’s) saying her number, and another
(Bob’s) which 
could have matched. 
So, Cara should pick this
number for PUB III
EVEN IF 
Cara’s PRV III doesn’t match PUB I and PUB II, it turns
out that 
her best guess
 is to 
ignore her private signal 
and 
go with
the public action anyway
So, if 
“first two” people
 
(e.g., Alice and Bob) write down the
same guess, then an information cascade starts. The 3
rd
 person’s
(Cara’s) 
rational choice
 is just to 
keep with the crowd
If the 3
rd
 person went with the crowd, then the 4
th
 person will,
and so on (until something else comes along to break up the
cascade)
 
Number-Guessing
thought Experiment
 
Why does a cascade start 
after “
first two
” people
?
Cara knows what Alice’s [first person’s] private signal is
Given [PUB I 
=
 PUB II] 
 PRV III 
 
PRV I 
PRV III & 
cancel out
So Cara’s decision comes down to 
what she can guess about Bob’s
private signal
Going back to 
Bob’s decision
, there’s two ways in which his public
action could have matched Alice’s
1.
Bob’s PRV II matched Alice’s PUB I (i.e., Bob’s
 
PUB II = Bob’s PRV II)
2.
Bob’s PRV II didn’t match Alice’s PUB I, but when he chose randomly
he landed on PUB I (i.e., Bob’s
 
PUB II 
 Bob’s PRV II)
Which case is more likely?
(1) is more likely
. So, Cara knows it is 
more likely than not
 that
Bob is guessing his private signal
Therefore, Cara’s 
best bet 
is to guess whatever PUB II is, and we
have an information cascade started
…....
 
 
 
 
 
 
Number-Guessing
thought Experiment
What if no cascade has started after 
“the first” two
people
? Then everything 
restarts
, and a cascade
could just as well start after 
the next two people
,
and 
then the next two
, 
and so on
All it takes is some 
even-numbered
 person to show
the same public action as the 
odd-numbered
 person
right before her
Starting a Cascade
 
How long, can we expect, it will take for a cascade to start?
How easy can it be to break a cascade? [Emperor’s New Clothes]
The first pair of guessers
Alice and Bob constitute the first pair of people to guess
Assume that moderator has decided on 
1 as the correct number
,
and that the chance that she shows each person a 
1
 as their private
signal is 80% (termed 
moderator’s chance
)
Enumerate different types of cascades by a 
tree diagram
 
 
All six 
possible
scenarios arising
from 
private
signals
 of 
first
two
 guessers
Starting a Cascade
 
 
Alice getting (and 
guessing
) 
1 [PUB I = 1]
Bob getting 0
reasoning that Alice got 1
Bob flipping a coin and 
guessing 1 [PUB II = 1]
Starting a 
correct
 
cascade of 1
Starting a Cascade
 
 
When will there be 
no cascade 
at
the end of their turns?
For this to happen, PUB I 
PUB II
What is the 
probability
 that no
cascade will have been triggered at
the end of their turns?
 
  P(PUB I = 0 & PUB II = 1)
+ P(PUB I = 1 & PUB II = 0)
Starting a Cascade
 
 
Probability of Alice getting (and 
guessing
) 
 0
0.2
Probability of Bob getting 1
0.8
Probability of Bob flipping a coin and 
guessing 1
0.5
The probability that moderator
shows each person a 
1
 as his/her
private signal is 
80%
 
P(PUB I = 0 & PUB II = 1)  = 0.2 * 0.8 * 0.5 = 0.08
Starting a Cascade
 
 
Probability of Alice getting (and 
guessing
) 
 1
0.8
Probability of Bob getting 0
0.2
Probability of Bob flipping a coin and 
guessing 0
0.5
The probability that moderator
shows each person a 
1
 as his/her
private signal is 
80%
 
P(PUB I = 1 & PUB II = 0)  = 0.2 * 0.8 * 0.5 = 0.08
Starting a Cascade
 
 
Probability that 
no cascade 
will have been triggered at the end of
Alice’s and Bob’s turns
= P(PUB I = 0 & PUB II = 1) + P(PUB I = 1 & PUB II = 2)
= 0.08 + 0.08 = 0.16
  
Starting a Cascade
 
Probability that a cascade will occur?
(1 – 0.16) = 0.84
Probability of a 
correct cascade [11] 
= 0.64 + 0.08 = 0.72
probability of both Alice and Bob getting 1 = 0.8 * 0.8 = 0.64
probability of Alice’s PRV I = 1 and Bob’s PRV II = 0 and flipping a
coin to get 1 = 0.8 * 0.2 * 0.5 = 0.08
Probability of 
incorrect cascade [00] 
=
 
0.08 + 0.04 = 0.12
Starting a Cascade
 
72% (0.72) is pretty high. Why?
Assumption that moderator, with 80% chance, shows the
correct private signal (1) to each person
If we lower it, both incorrect cascade and no cascade would
become 
more likely
 
Future Pairs of Guessers
 
After Alice and Bob, the chance of 
no cascade 
is 16% (8% + 8%)
How about after Cara (3
rd
 person), then?
The third person 
cannot
 
by
 
herself trigger a cascade; if none
was triggered after Bob (and Alice), then Cara 
starts from
scratch 
with no information, effectively in Alice’s shoes
So after the first three people, the probability of 
no cascade 
is
still 0.16
How about after Dana (4
th
 person)?
Future Pairs of Guessers
For the first 4 persons
, we have 
two ways 
that a cascade could
be triggered: first after Alice and Bob, and then after Cara and
Dana
To have 
no cascade 
at the end (of Dana)
, we need the 
first
pair 
and
 the 
second
 pair to 
not trigger one
Multiply the chance of 
each
 
pair
 not causing one: 0.16 x 0.16 =
0.0256 (2.56%)
After Dana, then, there’s more than a 
97%
 chance that 
we will
be in a cascade
Future Pairs of Guessers
How about after Evan (5
th
 person)?
As the first person in 
the third pair
, Evan 
cannot
 cause a
cascade, so the probability of stays the same is 2.56%
After Frank (6
th
 person)?
We have had three chances of a cascade (after Bob, Dana, and
Frank) so the probability of not having a cascade = (0.16)
3
 =
0.0041 = 0.41% [
a 
very small chance 
of 
not
 having a cascade
]
Future Pairs of Guessers
 
Probability of still having 
no
 cascade after ‘N’ pairs =
(0.16)
N
This probability is going very quickly to zero
After a few pairs, we are more or less guaranteed
that we will have a cascade. At this point, the
decisions of future people have become 
entirely
dependent on
 what is on the board already
What affects the type of cascade (correct or
incorrect)?
moderator’s chance (probability) itself, irrespective of
the number of pairs
 
Effects of Moderator’s Probability
 
 
 
 
 
 
 
 
 
When moderator’s probability is 50%, the same chance (~38%) of
correct as incorrect cascade, and less of a chance of no cascade
As probability increases, chance of 
correct cascade 
increases, while
that of incorrect and no cascade decrease
When it reaches 100%, the outcome is guaranteed to be correct
cascade
The Emperor’s New Clothes
It is easy to start a cascade. Once triggered, how long will
one last?
Forever
, unless there is some kind of 
disturbance
, e.g., a
release of 
private signals
How many disturbances would it take to break a cascade?
A few will often suffice, no matter how long the cascade
has been going on
Despite the number of people involved, everyone knows
that they are just basically playing a game of following the
leader to 
maximize their chance of guessing correctly
The 
Emperor’s New Clothes 
effect encapsulates the
fragility
 
of an information cascade
The Emperor’s New Clothes
19th century story by 
Hans
Christian Anderson
 in which a 
vain
emperor is told that his new
“clothing” is of the finest fabric,
invisible
 only to those who are
unfit
 for their positions
In reality, there are no clothes
at all. 
While everyone plays along
(i.e., their public actions), not
wanting to seem “unfit” (i.e., their
private signals), it only takes one
kid
’s shouting “
hey, he is wearing
nothing at all!
” before everyone
becomes more confident that the
emperor is truly disrobed in public
The Emperor’s New Clothes
In the context of number-guessing experiment. how do we break
a cascade?
Suppose a cascade of 1’s has started after the first pair
Some time later, it’s 
Frank
’s turn to guess, and he gets a 0 as his
private signal. As his public action, 
he guesses 1
, but 
he also
shouts out that his private signal was 0
Now, 
Greg
 
is up, and he also gets a private signal of 0. He has
the following information about private signals
on the one hand, there’s at least one (private) 1, from Alice. But he
cannot be sure if Bob had a (private) 1, because Bob could have
gotten a 0 and flipped
on the other hand, there’s at 
least two 0’s: his and Frank’s
So, what will Greg guess?
0, 
because there’s more evidence of this being correct
This breaks the cascade……. 
 
In the number-guessing experiment, it only takes two
people to start a cascade
More generally, the size of the crowd needed to
cause a person to ignore their instinct is dependent
both on (i) scenario and (ii) individual
Also, the most overarching 
assumption
 made is that
everyone acts 
rationally
 - 
everyone can, and will,
decide what the best guess to make is depending on
the information they have
but most people do 
not
 go through all of this
probability thinking on the spot in their heads
From Cascade to YouTube
How can we translate sequential decision making to
viralizing a YouTube video?
Not easy, but the main idea is clear
you want your video to undergo an information cascade,
so that when a person sees or hears about it (i.e., the
public action), they will most likely watch it,
irrespective of whether or not it matches her intrinsic
interest (i.e., her private signal)
How many public actions does it take before a person
will watch your video automatically? Does such a number
even exist? Even if it does, it will be different for
everyone, depending on how malleable the person is
All interesting questions without clear answers
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YouTube, a giant in user-generated video content, offers immense potential for videos to go viral. Understanding the dynamics of viralization on YouTube is crucial for content creators. This chapter delves into the phenomena of viral videos on YouTube, explores key factors that contribute to a video going viral, and highlights notable examples like Gangnam Style. Learn about YouTube's analytics tools and the addictive nature of its recommendation system that keeps viewers engaged for hours. Discover how to tap into viral potential and enhance your video's reach on the platform.

  • YouTube
  • viral videos
  • viralization
  • Gangnam Style
  • user-generated content

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  1. Chapter 9 Viralizing Video Clips How do I viralize a YouTube video?

  2. Introduction YouTube dominates the market of user-generated video content Viralization what exactly does it take for a video to become viral YouTube viewing is an example of [information spread creates dependencies]

  3. YouTube was founded in February 2005 by three former PayPal employees In November 2006, it was acquired by Google People watch videos on YouTube so much that the site became a search engine second in size only to Google itself Addictive nature of recommendation sidebar brings viewers through a continuous stream of relevant short-clips for up to hours at a time before they click out of it 9.1 YouTube and Viralization 163 Average daily video view count 400 hours worth of new content was being uploaded every single minute, which is almost 66 years of content per day Illustration 2 Depiction of the months between 2009 and 2012 where the average number of video views per day on YouTube hit another billion. As of October 2015, YouTube had reached just under 5 billion views. By late 2015, more than 1 billion peoplewere visiting YouTubeeach day and registeringalmost 5billion videoviews. 400hours worth of new content were being uploaded to YouTubeevery single minute, which is almost 66 years of content per day (in other words, if you collected all the videos that will be uploaded in the next 24 hours, it would take you 66 years of your life to watch it all!) YouTube has really become a viral phenomenon itself, like videos on its site aim to become. Viral Style What makes videos go viral? This question doesn t have a simple an- swer, but that hasn t prevented people from studying it. We talked in Part III of the book about how websites can capture and store the actions that users make on the site. YouTube is no ex- ception: they can log user behavior, including interactions with their video player. Thisdata can beanalyzed to seehow peoplewatch videos and which videoshavegoneviral. Someof YouTube sanalytic toolsfor highlighting overall viewing behavior, such as YouTubeInsight, have been made available for public access too. What is the most notorious video that achieved the status viral? That would be Gangham Style, a four-minute music video by the artist PSY. Released in July 2012, Gangham Style became the first video ever to break 1 billion views, which it did in just fivemonths (by December 2012). It proceeded to hit the 2 billion mark in under two years (by May 2014). The graph of its views over time, provided by YouTube s analytics, can be seen in Illustration 3. Since 2013, twelve other YouTube videos have also broken the 1 bil- lion barrier. Second to Gangham Style in view count as of early 2016

  4. Viral Style What makes videos go viral? YouTube logs user behavior, including interactions with their video player This data is analyzed to see how people watch videos and which videos have gone viral YouTube Insight analytic tools 1st video achieving viral status? Gangnam Style by PSY released in July 2012: 1st video ever to break 1 billion views in 5 months; it proceeds to hit 2 billion mark by May 2014 Viral Videos on YouTube 164 Illustration 3 Aggregate views over time for the music video Gangham Style by PSY, on YouTube. This was the first video ever to reach 1 billion views. was Taylor Swift s Blank Space , with 1.3 billion views. Gangham Style was, at the time of this writing, still the only video to have hit two billion. In fact, when it surpassed 2,147,483,647 views in Decem- ber 2014, YouTube appeared to have literally lost count, as the value displayed on the main page came to a grinding halt. Why did YouTube stop counting at this seemingly random number? This value is the largest that can be taken using 32 bits of storage, which istheamount that YouTubehad reserved for theview counter of each video. Nobody ever anticipated that a singlevideo would amassso many views that 32 bits would no longer be enough. YouTube quickly fixed this problem by upgrading to a 64-bit counter, giving them a new maximum of 9,223,372,036,854,775,808. So until PSY, Swift, or someone else reaches the quintillions, YouTube s counter will be safe. Bringing viewers to videos How does a video like Gangham Style get so popular? We can start by looking at the four main paths by which may lead a viewer to a particular YouTube clip in the first place: a search with terms the video is tagged with, on sites like Google, a referral from e.g., email, Facebook, or ads promoting the video, being subscribed to the YouTube channel that posts the video, and a recommendation to the video given in YouTube s sidebar. Subscription and recommendation often play a bigger role in de- termining a video s popularity than the number of likes and dislikes it has. Subscription is straightforward to understand, but how does YouTubegenerateitsrecommendations?Doesit usea collaborativefil- tering algorithm likeNetflix doesfor recommending movies?Or maybe a PageRank-style algorithm to rank the clips by importance? It turnsout that neither would translateto thisapplication well. Un- like Netflix movies, YouTube videos are typically short in their length

  5. Viral Style (as of 2016) Since 2013, 12 other videos have also broken 1 billion barrier Second to Gangnam Style in view count as of early 2016 was Taylor Swift s Blank Space with 1.3 billion views Gangnam Style was still the only video to have hit two billion When it surpassed 2,147,483,647 views in December 2014, YouTube appeared to have literally lost count, as the value displayed on the main page came to a grinding halt Why? 32-bit counter: 231-1

  6. Bring Viewers to Videos How does a video get so popular? 4 main paths may lead a viewer to a particular YouTube clip in the first place a search with terms the video is tagged with, on sites like Google a referral from e.g., email, Facebook, or ads promoting the video a subscription to YouTube channel that posts the video a recommendation to the video given in YouTube s sidebar Subscription and recommendation play a bigger role in deciding a video s popularity than # of likes/dislikes it has How does YouTube generate its recommendations?

  7. Bring Viewers to Videos Does YouTube use a collaborative filtering algorithm like Netflix does for recommending movies? Does it use PageRank-style algorithm like Google to rank clips by importance? Neither algorithm translate well to YouTube Why? Unlike Netflix movies, YouTube videos are typically short in length and lifecycle, and have variable viewing behavior make it hard to establish consistent system for users rating clips For PageRank approach, need to link clips together somehow, e.g., by searching a video s description for hyperlinks to other clips or by comparing tags between videos for matches in keywords tags and descriptions can be rather unreliable in quality YouTube video recommendation is different, and much simpler

  8. Bring Viewers to Videos We learned in Chapter 8 about co-participation - weighted links between students by their co-participation in discussion threads, and vice versa YouTube keeps track of co-visitationcount for pairs of videos, i.e., the number of times both videos were watched by a viewer in some recent time window, say past 24 hours Weighted video-to-video graph YouTube seems to take co-visitation graph and combines it with match of keywords in the video title, tags, and summary to generate recommendations Often only those videos with watch- count similar to, or slightly higher than (why?), that of current video are shown in recommendation positive feedback (making widelywatched videos to become even more widely watched)

  9. Defining Viral What is exactly is meant by viral? total views over time looks like curve (c) Three important features high total view count rapid increase of sufficient (long) duration (sometimes) short time before rapid increase begins Viral Videos on YouTube 166 ? Total? views? (c)? ? High? total? ? No golden formula to guarantee a video will become viral ? (b)? ? ? (a)? ? ? ? Time? Rapid? increase? starts? fast? Rapid? increase? lasts? long? ? ? Illustration 5 Typical shapes observed for the total number of views on a video over time. (a) stays at a low level. (b) rises very quickly, but then flattens out rapidly too. (c) has a reasonably rapid increase of long duration, and stays that way for a while. its total views over time looks something like curve (c) in Illustration 5. There are three important features here: 1. A high total view count. 2. A rapid increase of sufficient duration. 3. A short time before the rapid increase begins. Thereisno golden formula you can follow toguaranteeyour videowill becomeviral. It sasmuch of an art asa science. Still, modelsthat have been developed for information spread can give interesting insight into why viralization may occur. These models have been used to ana- lyze the spread of items ranging from physical product to diseases through populations. Thinking of items asYouTubevideos, wewill soon look at one simple yet elegant model for information spread. Popularity Let s think about thefactorsthat attract peopleto an item in thefirst place. One, of course, is the intrinsic value that the item brings to a person. Some may like it, regardless of what others think about it. In many instances, though, a person sdecision to obtain an item will depend on others. A network e ect, as it s called, can occur for one of two reasons. First, the value of a service or product may depend on the number of people who use it. What use would a telephone be to you if nobody else had one? Would Facebook still be interesting if you were the only person that used it? These products and services have

  10. Popularity Models that have been developed for information spread can give insight into why viralization may occur Subjects of information spread models have analyzed spread of items ranging from physical products to diseases through populations Factors that attract people to an item in the first place??? intrinsic value that the item brings to a person - some may like it, regardless of what others think about it in many instances, a person s decision to obtain an item will depend on others network effect

  11. Network Effect Network effect for two reasons 1. value of service or product may depend on the number of people who use it examples of phone and FaceBook positive network effect - as more people use them, they become more valuable to each individual 2. knowing what others think about an item can affect your decision have you ever watched a movie because your friends told you that it was good, irrespective of whether it is the genre you typically like? peoples opinions and decisions are influenced by others the crowds are no longer wise , because assumption of independence no longer holds. What results instead is fallacy of crowds

  12. Popularity Both intrinsic value and network effect apply to a person s choosing to watch a video on YouTube YouTube site itself does have a positive network effect Which one is more influential? 9.2 The Fallacy of Crowds: Information Cascade 1. intrinsic value of the clip to the person (whether it matches her preferences) 2. fallacy of crowds (whether she sees/knows a lot of other people watching it) 167 network effect that spread video viewing through population, and hence has a larger impact on a video going viral Intrinsic Value Network Effect Need to quantify network effect Illustration 6 Two factors a ecting the popularity of a YouTube video are its intrinsic value (i.e., match between the video and a person s taste) and the network e ect (i.e., a person seeing that others have watched the video), a positive network e ect: as more people use them, they become more valuable to each individual. Second, knowing what others think about an item can a ect your decision. Haveyou ever watched a moviebecause your friends told you that it was good, irrespective of whether it is the genre you typically like? In thesesituations, peoples opinions and decisions areinfluenced by others. The crowds are no longer wise as they were in Part III, becausetheassumption of independencethat wemadethere no longer holds. What results instead is the fallacy of crowds. Which of these applies to a person choosing to watch a video on YouTube? The site itself does have a positive network e ect, but that doesn t really havea bearing on whether someonewill chooseto watch a particular video. More profound are the other two components (see Illustration 6): the intrinsic value of the clip to to the person (i.e., whether it matches her preferences), and the fallacy of crowds (i.e., whether she sees a lot of other people watching it). The latter is based on a network e ect that will spread the video viewing through the population, and therefore has a larger impact on a video going viral. Quantifying network e ects is no easy task. They are dependent on the individual, the item, and the situation of interest. In this chapter, wearegoing to study a model for information cascade, which is one example of the fallacy of crowds. 9.2 The Fallacy of Crowds: Information Cascade What would you do if you saw someone standing on a street corner looking up at the sky? You would probably think shehad a nose bleed

  13. Fallacy of Crowds Quantifying network effects is no easy task dependent on individual, item, and situation of interest Model for information cascade Example of information cascade What would you do if you saw someone standing on a street corner looking up at sky? Thinking the person has nose bleed, and go on with your business What if you saw tenpeople standing together looking up at the sky? Probably stop and look, thinking that something may be wrong This makes the crowd even bigger, so the next person passing by will see 11 people, which is even more convincing to stop and look

  14. Information Cascade People follow actions of the crowd, and ignore their own internal reasoning Information cascade arises when [independence assumption about opinions (which is behind the wisdom of crowds) breaks down] Instead of complete independence in decision-making, decisions become completely dependent on what has happened before Positive feedback in sequential decision making e.g.:stock market bubbles, fashions, Volvo s epic split, etc.

  15. Information Cascade You are more likely to stumble upon a video that is already popular Even if the video doesn t match your taste, you may be compelled to see what it s all about You might decide to stop viewing it if you don t like it, but this will still count towards the viewing number shown next to the video, and partially determines its place on the recommendation page A higher view count will in turn influence more people, and this accumulation keeps on building

  16. Making Decision in Sequence What process will eventually trigger an information cascade? Sequential decision making - each person gets a private signal (e.g., my nose starts bleeding) and releases a public action (e.g., tilt my head to the sky) Subsequent users can observe public action, but not private signal When there are enough public actions of the same type (e.g., ten people looking at the sky), then all later users will ignore their own private signals and simply follow what others are doing At this point, a cascade has been triggered . Key question of ? how many public actions are enough?

  17. Making Decision in Sequence How many public actions are enough to trigger a cascade depends on situation probably much harder to get everyone to watch your YouTube video than it is to get people to look up at the sky A cascade can accumulate to a large size through positive feedback more people display the same public action gives the next person more incentive to follow, which makes the group larger, thereby creating more incentive, etc. positive feedback feeds off its own unabated influence, generating more influence, and continues to grows larger

  18. Making Decision in Sequence vs. negative feedback, which systematically counteract an effect to reach an equilibrium in network (through, e.g., distributed power control or usage-based pricing) Is public action right or wrong? could be either everyone is looking up, but there is nothing of interest in the sky is wrong an example of fallacy of crowds Cascade is fragile: even if a few private signals are leaked to the public (one person shouts I am looking up the sky because I have a nosebleed), the cascade can quickly disappear or even reverse direction. Why? Since people are following the crowd, they have little faith in what they are doing, even though many are doing the same thing

  19. Number-guessing thought Experiment A group of people lined up to play a game in which they will guess one number The moderator has picked either 0 or 1 to be the (single) true number One at a time, each person comes up to a blackboard, where she is to write down what she think (guess) the number is The moderator has two cards, one of which has a 0 written on it, and one of which has a 1 When a person comes up, the moderator shows him/her a card, with either 0 or 1 written on it serving as the person s private signal There s no guarantee that the number a person is shown will be right, but everyone is told that there s a higher chance that the card they are shown is right than wrong If the true number is 0, the moderator has a chance, say 80%, of showing the 0 card, 20% of showing the 1 card If the true number is 1, the moderator has a chance, say 80%, of showing the 1 card, 20% of showing the 0 card 0 1 80% 0 20% 1 0 80% 1 20% Each person s guess written on blackboard is her public action When a person making a guess, she gets to see public actions of everyone who guessed before her, but she does not get to see private signals they were shown

  20. Number-Guessing thought Experiment Consider 1st person Alice; what should she do? There s nothing currently on blackboard, so all she has to write (public action) is the number on the card (private signal) shown to her [she knows this number is more likely to be right than wrong] Consider 2nd person Bob; how is his situation different from Alice s? Not only does Bob see [both public action that Alice wrote (PUB I) and his own private signal (PRV II)], he also knows how Alice reasoned Bob cannot see Alice s private signal, but he knows it must be the same as PUB I, because Alice had no other information when she guessed. So Bob really knows two private signals, PRV I and PRV II if they are both 0, then obviously Bob will write down 0 if they are both 1, then similarly, Bob will write down 1 when different, randomly choose 0 or 1

  21. Number-Guessing thought Experiment Now, here comes the first chance of an information cascade starting . When 3rd person Cara goes up to board, what does she know? she is shown a private signal (PRV III) on a card she sees public actions of first two users (PUB I and PUB II) on blackboard Cara needs to compare PUB I and PUB II If they are different, Cara knows Alice s and Bob sprivate signals must have been different, too; Bob must have seen a mismatch and guessed randomly. These two conflicting private signalscancel out, leaving Cara (3rd) in exactly the same shoes that Alice the 1st person was. Cara would then just guess based on her own private signal, PRV III the 4th person will be in the same shoes as Bob 3rd person

  22. Number-Guessing thought Experiment If PUB I and PUB II are the same (OO or 11) if Cara s PRV III matches, then it s a no-brainer: she knows two private signals(hers and Alice s) saying her number, and another (Bob s) which could have matched. So, Cara should pick this number for PUB III EVEN IF Cara s PRV III doesn t match PUB I and PUB II, it turns out that her best guess is to ignore her private signal and go with the public action anyway So, if first two people(e.g., Alice and Bob) write down the same guess, then an information cascade starts. The 3rdperson s (Cara s) rational choice is just to keep with the crowd If the 3rd person went with the crowd, then the 4th person will, and so on (until something else comes along to break up the cascade)

  23. Number-Guessing thought Experiment Why does a cascade start after first two people? Cara knows what Alice s [first person s] private signal is Given [PUB I = PUB II] PRV III PRV I PRV III & cancel out So Cara s decision comes down to what she can guess about Bob s private signal Going back to Bob s decision, there s two ways in which his public action could have matched Alice s 1. Bob s PRV II matched Alice s PUB I (i.e., Bob sPUB II = Bob s PRV II) 2. Bob s PRV II didn t match Alice s PUB I, but when he chose randomly he landed on PUB I (i.e., Bob sPUB II Bob s PRV II) Which case is more likely? (1) is more likely. So, Cara knows it is more likely than not that Bob is guessing his private signal Therefore, Cara s best bet is to guess whatever PUB II is, and we have an information cascade started ....

  24. Number-Guessing thought Experiment What if no cascade has started after the first two people? Then everything restarts, and a cascade could just as well start after the next two people, and then the next two, and so on All it takes is some even-numbered person to show the same public action as the odd-numbered person right before her

  25. Starting a Cascade How long, can we expect, it will take for a cascade to start? How easy can it be to break a cascade? [Emperor s New Clothes] The first pair of guessers Alice and Bob constitute the first pair of people to guess Assume that moderator has decided on 1 as the correct number, and that the chance that she shows each person a 1 as their private signal is 80% (termed moderator s chance) Enumerate different types of cascades by a tree diagram 1 All six possible scenarios arising from private signals of first two guessers IC

  26. Starting a Cascade 1 Alice getting (and guessing) 1 [PUB I = 1] Bob getting 0 reasoning that Alice got 1 Bob flipping a coin and guessing 1 [PUB II = 1] Starting a correct cascade of 1

  27. Starting a Cascade 1 When will there be no cascade at the end of their turns? For this to happen, PUB I PUB II What is the probability that no cascade will have been triggered at the end of their turns? P(PUB I = 0 & PUB II = 1) + P(PUB I = 1 & PUB II = 0)

  28. Starting a Cascade 1 The probability that moderator shows each person a 1 as his/her private signal is 80% Probability of Alice getting (and guessing) 0 0.2 Probability of Bob getting 1 0.8 Probability of Bob flipping a coin and guessing 1 0.5 P(PUB I = 0 & PUB II = 1) = 0.2 * 0.8 * 0.5 = 0.08

  29. Starting a Cascade 1 The probability that moderator shows each person a 1 as his/her private signal is 80% Probability of Alice getting (and guessing) 1 0.8 Probability of Bob getting 0 0.2 Probability of Bob flipping a coin and guessing 0 0.5 P(PUB I = 1 & PUB II = 0) = 0.2 * 0.8 * 0.5 = 0.08

  30. Starting a Cascade 1 Probability that no cascade will have been triggered at the end of Alice s and Bob s turns = P(PUB I = 0 & PUB II = 1) + P(PUB I = 1 & PUB II = 2) = 0.08 + 0.08 = 0.16

  31. Starting a Cascade Probability that a cascade will occur? (1 0.16) = 0.84 Probability of a correct cascade [11] = 0.64 + 0.08 = 0.72 probability of both Alice and Bob getting 1 = 0.8 * 0.8 = 0.64 probability of Alice s PRV I = 1 and Bob s PRV II = 0 and flipping a coin to get 1 = 0.8 * 0.2 * 0.5 = 0.08 Probability of incorrect cascade [00] =0.08 + 0.04 = 0.12

  32. Starting a Cascade 72% (0.72) is pretty high. Why? Assumption that moderator, with 80% chance, shows the correct private signal (1) to each person If we lower it, both incorrect cascade and no cascade would become more likely

  33. Future Pairs of Guessers After Alice and Bob, the chance of no cascade is 16% (8% + 8%) How about after Cara (3rd person), then? The third person cannot by herself trigger a cascade; if none was triggered after Bob (and Alice), then Cara starts from scratch with no information, effectively in Alice s shoes So after the first three people, the probability of no cascade is still 0.16 How about after Dana (4th person)? 9.3 Starting and Breaking a Cascade 175 Probability of No Cascade 100% 16% 2.56% 0.41% 16% 2.56% 0.41% A B C D E F G Pair 1 Pair 2 Pair 3 Illustration 14 In the number-guessing experiment, as more pairs of people have guessed, the chance we won t wind up in a cascade gets lower. These probabilities are for a moderator s probability of 80%. that? It all goes back to the assumption we made about the modera- tor at the beginning: there s an 80% chance that she shows the correct private signal (1) to each person. That s a pretty high probability. If we lowered it, both the incorrect cascade and no cascade would be- come more likely. For more on this relationship, and a more detailed calculation breakdown, check out Q9.1 and Q9.2 on thebook swebsite. Future pairs of guessers After Aliceand Bob, thechanceof no cascadeis16%. How about after Cara, then? Remember that the third person cannot herself trigger a cascade; if nonewastriggered after Bob, then Cara startsfrom scratch with no information, e ectively in Alice sshoes. So after thefirst three people, the probability of no cascade is still 16%. How about after Dana? Now wehave two ways that a cascade could be triggered: first after Alice and Bob, and then after Cara and Dana. To have no cascade at the end, we need the first pair and the second pair to not trigger one. So we multiply the chance of each not causing one: 0.16 0.16 = 0.0256, or 2.56%. After Dana, then, there s more than a 97% chance that we will be in a cascade. Then how about after Ed? As the first person in the third pair, he cannot causea cascade, so thechancestaysthesame: 2.56%. And after Frank? Now we have three chances of a cascade: after Bob, Dana, and Frank. Sowemultiply threetimes: 0.16 0.16 0.16 = 0.0041, or 0.41%. That s a very small chance. You probably see the pattern by now, shown in Illustration 14. To compute the chance of still having no cascade after N pairs, we mul- tiply 0.16 N times. For five pairs, it becomes 0.16 0.16 0.16 0.16 0.16 = 0.000105, i.e., less than one-hundredth of a percent. For 50 pairs, the decimal has 37 zeros before the first significant digit!

  34. Future Pairs of Guessers For the first 4 persons, we have two ways that a cascade could be triggered: first after Alice and Bob, and then after Cara and Dana To have no cascade at the end (of Dana), we need the first pair and the second pair to not trigger one Multiply the chance of eachpair not causing one: 0.16 x 0.16 = 0.0256 (2.56%) After Dana, then, there s more than a 97% chance that we will be in a cascade 9.3 Starting and Breaking a Cascade 175 Probability of No Cascade 100% 16% 2.56% 0.41% 16% 2.56% 0.41% A B C D E F G Pair 1 Pair 2 Pair 3 Illustration 14 In the number-guessing experiment, as more pairs of people have guessed, the chance we won t wind up in a cascade gets lower. These probabilities are for a moderator s probability of 80%. that? It all goes back to the assumption we made about the modera- tor at the beginning: there s an 80% chance that she shows the correct private signal (1) to each person. That s a pretty high probability. If we lowered it, both the incorrect cascade and no cascade would be- come more likely. For more on this relationship, and a more detailed calculation breakdown, check out Q9.1 and Q9.2 on thebook swebsite. Future pairs of guessers After Aliceand Bob, thechanceof no cascadeis16%. How about after Cara, then? Remember that the third person cannot herself trigger a cascade; if nonewastriggered after Bob, then Cara startsfrom scratch with no information, e ectively in Alice sshoes. So after thefirst three people, the probability of no cascade is still 16%. How about after Dana? Now wehave two ways that a cascade could be triggered: first after Alice and Bob, and then after Cara and Dana. To have no cascade at the end, we need the first pair and the second pair to not trigger one. So we multiply the chance of each not causing one: 0.16 0.16 = 0.0256, or 2.56%. After Dana, then, there s more than a 97% chance that we will be in a cascade. Then how about after Ed? As the first person in the third pair, he cannot causea cascade, so thechancestaysthesame: 2.56%. And after Frank? Now we have three chances of a cascade: after Bob, Dana, and Frank. Sowemultiply threetimes: 0.16 0.16 0.16 = 0.0041, or 0.41%. That s a very small chance. You probably see the pattern by now, shown in Illustration 14. To compute the chance of still having no cascade after N pairs, we mul- tiply 0.16 N times. For five pairs, it becomes 0.16 0.16 0.16 0.16 0.16 = 0.000105, i.e., less than one-hundredth of a percent. For 50 pairs, the decimal has 37 zeros before the first significant digit!

  35. Future Pairs of Guessers How about after Evan (5th person)? As the first person in the third pair, Evan cannot cause a cascade, so the probability of stays the same is 2.56% After Frank (6th person)? We have had three chances of a cascade (after Bob, Dana, and Frank) so the probability of not having a cascade = (0.16)3 = 0.0041 = 0.41% [a very small chance of not having a cascade] 9.3 Starting and Breaking a Cascade 175 Probability of No Cascade 100% 16% 2.56% 0.41% 16% 2.56% 0.41% A B C D E F G Pair 1 Pair 2 Pair 3 Illustration 14 In the number-guessing experiment, as more pairs of people have guessed, the chance we won t wind up in a cascade gets lower. These probabilities are for a moderator s probability of 80%. that? It all goes back to the assumption we made about the modera- tor at the beginning: there s an 80% chance that she shows the correct private signal (1) to each person. That s a pretty high probability. If we lowered it, both the incorrect cascade and no cascade would be- come more likely. For more on this relationship, and a more detailed calculation breakdown, check out Q9.1 and Q9.2 on thebook swebsite. Future pairs of guessers After Aliceand Bob, thechanceof no cascadeis16%. How about after Cara, then? Remember that the third person cannot herself trigger a cascade; if nonewastriggered after Bob, then Cara startsfrom scratch with no information, e ectively in Alice sshoes. So after thefirst three people, the probability of no cascade is still 16%. How about after Dana? Now wehave two ways that a cascade could be triggered: first after Alice and Bob, and then after Cara and Dana. To have no cascade at the end, we need the first pair and the second pair to not trigger one. So we multiply the chance of each not causing one: 0.16 0.16 = 0.0256, or 2.56%. After Dana, then, there s more than a 97% chance that we will be in a cascade. Then how about after Ed? As the first person in the third pair, he cannot causea cascade, so thechancestaysthesame: 2.56%. And after Frank? Now we have three chances of a cascade: after Bob, Dana, and Frank. Sowemultiply threetimes: 0.16 0.16 0.16 = 0.0041, or 0.41%. That s a very small chance. You probably see the pattern by now, shown in Illustration 14. To compute the chance of still having no cascade after N pairs, we mul- tiply 0.16 N times. For five pairs, it becomes 0.16 0.16 0.16 0.16 0.16 = 0.000105, i.e., less than one-hundredth of a percent. For 50 pairs, the decimal has 37 zeros before the first significant digit!

  36. Future Pairs of Guessers Probability of still having nocascade after N pairs = (0.16)N This probability is going very quickly to zero After a few pairs, we are more or less guaranteed that we will have a cascade. At this point, the decisions of future people have become entirely dependent on what is on the board already What affects the type of cascade (correct or incorrect)? moderator s chance (probability) itself, irrespective of the number of pairs

  37. Effects of Moderators Probability 100 90 Probability of Outcome (%) 80 70 60 No Cascade Correct Cascade Incorrect Cascade 50 40 30 20 10 0 50 55 60 65 70 75 80 85 90 95 100 Chance a Private Signal is Correct (%) When moderator s probability is 50%, the same chance (~38%) of correct as incorrect cascade, and less of a chance of no cascade As probability increases, chance of correct cascade increases, while that of incorrect and no cascade decrease When it reaches 100%, the outcome is guaranteed to be correct cascade probability increases, the chance of a correct cascade increases, while that of incorrect and no cascade decrease. When it reaches 100%, the outcome is guaranteed to be a correct cascade. Illustration 31: Thisshowshow themoderator sprobability a ectseach out- come s chance of being triggered from the first pair of guessers. On the one extreme, when themoderator sprobability is50%, wehavethesamechance of correct as incorrect cascade, and less of a chance of no cascade. As the at 100%? Here, weareguaranteed to havea correct cascade, for if the moderator alwaysshowed thethecorrect number, we d never havethe fallacy of crowds. Q9.3 What doestherelationship between thenumber of pairsand theprob- ability of an incorrect cascade look like? In Illustration 32, we show how the chance of triggering an incorrect cascade changes with the number of pairs. Each of the curves is for a di erent moderator sprobability (50% to100%). At 80%, for example, we seethat it goes from 12% after one pair (as we found in our calcu- lation before) to just under 15% after three pairs, and then stays the same. We notice this same trend in most of the cases: the probability jumps for the first few pairs, and is then more or less constant. What does this tell us about whether the cascade will be correct or incorrect? Notice that the vertical axis on the graph only goes up to 50%. An incorrect cascade always has less than 50% chance of occur- ring, meaning that a correct cascade is always more likely. Still, the

  38. The Emperors New Clothes It is easy to start a cascade. Once triggered, how long will one last? Forever, unless there is some kind of disturbance, e.g., a release of private signals How many disturbances would it take to break a cascade? A few will often suffice, no matter how long the cascade has been going on Despite the number of people involved, everyone knows that they are just basically playing a game of following the leader to maximize their chance of guessing correctly The Emperor s New Clothes effect encapsulates the fragility of an information cascade

  39. The Emperors New Clothes 19th century story by Hans Christian Anderson in which a vain emperor is told that his new clothing is of the finest fabric, invisible only to those who are unfit for their positions In reality, there are no clothes at all. While everyone plays along (i.e., their public actions), not wanting to seem unfit (i.e., their private signals), it only takes one kid s shouting hey, he is wearing nothing at all! before everyone becomes more confident that the emperor is truly disrobed in public

  40. The Emperors New Clothes In the context of number-guessing experiment. how do we break a cascade? Suppose a cascade of 1 s has started after the first pair Some time later, it s Frank s turn to guess, and he gets a 0 as his private signal. As his public action, he guesses 1, but he also shouts out that his private signal was 0 Now, Greg is up, and he also gets a private signal of 0. He has the following information about private signals on the one hand, there s at least one (private) 1, from Alice. But he cannot be sure if Bob had a (private) 1, because Bob could have gotten a 0 and flipped on the other hand, there s at least two 0 s: his and Frank s So, what will Greg guess? 0, because there s more evidence of this being correct This breaks the cascade .

  41. In the number-guessing experiment, it only takes two people to start a cascade More generally, the size of the crowd needed to cause a person to ignore their instinct is dependent both on (i) scenario and (ii) individual Also, the most overarching assumption made is that everyone acts rationally - everyone can, and will, decide what the best guess to make is depending on the information they have but most people do not go through all of this probability thinking on the spot in their heads

  42. From Cascade to YouTube How can we translate sequential decision making to viralizing a YouTube video? Not easy, but the main idea is clear you want your video to undergo an information cascade, so that when a person sees or hears about it (i.e., the public action), they will most likely watch it, irrespective of whether or not it matches her intrinsic interest (i.e., her private signal) How many public actions does it take before a person will watch your video automatically? Does such a number even exist? Even if it does, it will be different for everyone, depending on how malleable the person is All interesting questions without clear answers

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