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Re: [ontolog-forum] standard ontology

To: "'[ontolog-forum] '" <ontolog-forum@xxxxxxxxxxxxxxxx>
From: Matthew West <dr.matthew.west@xxxxxxxxx>
Date: Wed, 11 Feb 2009 08:27:00 -0000
Message-id: <49928be0.0c1e640a.7ccb.3012@xxxxxxxxxxxxx>
Dear PatH,    (01)

> > Here's one try:
> >  Cost of lack of semantic interoperability: assume 100 billion per
> > year
> > (0.7% of GDP)
> 
> Just in passing, where do you get that figure from?
> 
> >
> >  Portion of that cost that could be reduced by a common foundation
> > ontology: 1/5 (20 billion per year)
> 
> Here's where we disagree. I suggest that the correct proportion here
> would be more like 0.01 percent. Not because it wouldn't work if
> people would all use it, but because people will not in fact use it.    (02)

[MW] That is of course still more than we could think of how to spend.    (03)

One thing I have no doubt about is that there are huge benefits possible.
What I agree is a lot less certain is how to harvest them effectively.    (04)

Regards    (05)

Matthew West                            
Information  Junction
Tel: +44 560 302 3685
Mobile: +44 750 3385279
matthew.west@xxxxxxxxxxxxxxxxxxxxxxxxx
http://www.matthew-west.org.uk/    (06)

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