The Rise of Digital Gardening and its Connection to AI in Venture Capital
Hatched by Kazuki Nakayashiki
Aug 24, 2023
4 min read
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The Rise of Digital Gardening and its Connection to AI in Venture Capital
In recent years, the concept of digital gardening has gained traction as a new way to organize and present information on the internet. It is a departure from traditional blogging or web page formats, focusing more on the iterative and integrative nature of knowledge sharing. The term was first mentioned in Mark Bernstein's 1998 essay, "Hypertext Gardens," where he compared unplanned hypertext sprawl to wilderness – complex and interesting, but uninviting. However, it wasn't until Mike Caufield's keynote at the 2015 Digital Learning Research Network that the foundations of digital gardening were laid.
Caufield's essay, titled "The Garden and the Stream: a Technopastoral," emphasized the need to move away from time-bound streams of information and into contextual knowledge spaces. He argued that streams, such as social media feeds, only surface the latest ideas of the last 24 hours, lacking the ability to accumulate knowledge or connect disparate information over time. Instead, Caufield envisioned the web as a garden – a space where information is arranged and rearranged in relation to one another.
The idea of digital gardening gained further momentum when Tom Critchlow published his article, "Of Digital Streams, Campfires, and Gardens," in 2018. Inspired by Caufield's essay, Critchlow explored alternative metaphors to frame information consumption and production. He questioned the traditional linear format of blogs and proposed the idea of digital gardens as more organic and holistic spaces for sharing ideas.
Joel Hooks' article, "My blog is a digital garden, not a blog," in early 2019 further solidified the concept. Hooks highlighted the shift from creating web pages to writing web content within a web page. He emphasized that gardens don't prioritize publication dates but instead focus on connecting posts through related themes, topics, and shared context. The goal is to create an ever-growing and evolving space for ideas to flourish.
One of the key features of digital gardens is the use of bi-directional links, which allow readers to see both the source and destination pages. This fosters a deeper understanding of the interconnectedness of ideas within the garden. It also encourages a more open and transparent approach to learning and nurturing ideas in public.
Digital gardens are characterized by their imperfection and uniqueness. Unlike standardized templates, they reflect the individuality and quirks of their creators. They offer a more intimate and thoughtful space than social media feeds, without the performative nature of blogs. Digital gardens are personal playspaces where individuals can organize their ideas and mediums according to their way of thinking.
While digital gardening is still primarily a solo endeavor, there is a growing community of developers and designers seeking to make it a multi-player experience. The enthusiasm for this concept is evident, as more people recognize the value of claiming a small patch of the web for themselves. It allows for greater ownership and control over one's online presence.
Interestingly, the rise of AI in venture capital seems to align with the principles of digital gardening. Venture capital firms are increasingly using AI and machine learning tools to aid investment decisions. Correlation Ventures, for instance, uses a machine-learning tool to assess investment prospects based on factors such as team experience and board composition. This algorithmic approach aims to provide data-driven insights into future investor returns.
According to a Gartner Inc. forecast, AI will be involved in 75% of venture capital investment decisions by 2025, up from less than 5% today. This shift indicates a move towards a more data-centric approach, where gut feelings are supplemented by data analysis. AI tools can process vast amounts of information, including startup financials, web traffic, and employment history, to score investment prospects accurately.
The convergence of digital gardening and AI in venture capital highlights the growing importance of data-driven decision-making. While gut instincts will always play a role, the use of AI allows for a more evidence-based approach. It provides investors with data to support their decisions, either confirming or challenging their gut feelings.
In conclusion, digital gardening offers a new way to organize and present information on the internet, emphasizing the iterative and integrative nature of knowledge sharing. It allows for a more personalized and unique online presence, where ideas can grow and evolve over time. The rise of AI in venture capital aligns with the principles of digital gardening, as data-driven decision-making becomes increasingly prevalent. As we move forward, it is essential to embrace these new approaches and leverage the power of AI to make informed and impactful investment decisions.
Actionable Advice:
- Embrace the concept of digital gardening by creating your own personal playspace on the internet. Organize your ideas and mediums according to your unique way of thinking.
- Consider incorporating bi-directional links in your digital garden to foster a deeper understanding of the interconnectedness of ideas.
- Explore the potential of AI in your investment decisions. Leverage machine learning tools to assess investment prospects based on data-driven insights.
Sources:
- Bernstein, M. (1998). Hypertext Gardens.
- Caufield, M. (2015). The Garden and the Stream: a Technopastoral.
- Critchlow, T. (2018). Of Digital Streams, Campfires, and Gardens.
- Hooks, J. (2019). My blog is a digital garden, not a blog.
- Gartner Inc. (2021). VC Firms Have Long Backed AI. Now, They Are Using It.
Sources
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