First Obamas' attack watch site, next Bernakes' 'Social Listening Platform'

Source: www.zerohedge.com...

the Federal Reserve Bank of the United States, which in a Request for Proposals filed to companies that are Fed vendors, is requesting the creation of a "Social Listening Platform" whose function is to "gather data from various social media outlets and news sources." It will "monitor billions of conversations and generate text analytics based on predefined criteria." The Fed's desired product should be able to "determine the sentiment of a speaker or writer with respect to some topic or document"... "The solution must be able to gather data from the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc." Most importantly, the "Listening Platform" should be able to "Handle crisis situations, Continuously monitor conversations, and Identify and reach out to key bloggers and influencers.

Anyone think this does not already exist for other agencies?

Like NASA and NRO satellites, where Hubble pointed up and a sister satellite pointed down?

reply to post by Dbriefed

I'm getting so tired of the government and it's private armies trying to control and influence every single thing that the people of the US do.
"The Fed" does not need this capability. What they need to do is dissolve and get the hell out of our lives.

reply to post by Dbriefed


they make bush look like ron paul.


get the bull pen warming up for 2012.

reply to post by Dbriefed


I thought this all was expected.

Just sayin.......

Surely no one expected the new boss to be different from the old boss, except that he would be more of a boss?

Oh, I forgot, Hope and Change and stuff.

And next up, either the democrat party or the republican party has control, and it all gets worse, or one party has some kind of control, but blames all the ills upon the minority party.......

but it's all the same...

and it all gets worse......

until.............

reply to post by kyred


Not only is it all the same, but it all gets the same too.

If you have a blog and are not in their network of media outlets, you soon will be. The plan mentioned in the OP has the Fed reaching out to bloggers with dissenting opinions. "Reaching out"...sounds like what stormtroopers would do in 1984, huh?

I guess the trick is to keep your blog views to only 100 or so a day.

Here's the RFP on Scribd:

www.scribd.com...

Some of the more interesting content:

Sentiment Analysis And Social Media MonitoringSolution RFP

Request for Proposal (Event-6994)

Event Information

Description:

Federal Reserve Bank of New York ("FRBNY") is extending to suppliers an invitation to participate in anSentiment Analysis And Social Media Monitoring Solution RFP bid process. The intent is to establish a fair and equitable partnership with a market leader who will who gather data from various social media outlets and news sources and provide applicable reporting to FRBNY. This Request for Proposal ("RFP") was created in an effort to support FRBNY's Social Media Listening Platforms initiative

...

I. Introduction

Social media platforms are changing the way organizations are communicating to the public Conversations are happening all the time and everywhere.There is need for the Communications Group to be timely and proactively aware of the reactions and opinions expressed by the general public as it relates to the Federal Reserve and its actions on a variety of subjects

...

II. Social Listening Platforms

Social media listening platforms are solutions that gather data from various social media outlets and news sources.They monitor billions of conversations and generate text analytics based on predefined criteria. They can also determine the sentiment of a speaker or writer with respect to some topic or document.The information gathered can guide the organizations public relations group in assessing the effectiveness of communication strategies.Here are some of the services it can offer:

o Track reach and spread of your messages and press release so Handle crisis situations
o Continuously monitor conversations
o Identify and reach out to key bloggers and influencers
o Spot emerging trends, discussions themes and topics

...

III. Mandatory Minimum Solution Requirements

A. Geographic scope of social media sites

The solution must support content coming from different countries and geographical regions. It should also support multiple languages.

B. Content and Data Types

The solution must be able to gather data from the primary social media platforms –Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc.

C. Reports and Metrics

The solution must provide real-time monitoring of relevant conversations. It should provide sentiment analysis(positive, negative or neutral) around key conversational topics.It must be able to provide summaries or high level overviews of a specific set of topics. It should have a configurable dashboard that can easily be accessed by internal analysts or management. The dashboard must support customization by user or group access.The solution should provide an alerting mechanism that automatically sends out reports or notifications based a predefined trigger.

D. FRBNY Technology Integration

The solution must be able to integrate with existing FRBNY technologies such as: Google Search appliance, Lotus notes suite and web trends.It must have support for single sign on or windows integrated authentication.

E. Cost Structure

The solution should offer a flexible pricing structure that can support multiple user licensing. It should also have the option to base pricing on content volume and usage. _Supplier acknowledges an understanding of and agrees to comply with the above minimum solutions requirements

...

D9.
(Question)
Response Required

From which of the following social media outlets has the Proposed Solution successfully collected content? Check all that apply.

Facebook
Twitter
Blogs
Youtube
Forums
Associated Press Content
Google News Aggregated content
Subscription based news sources
Other News sources (CNN, WSJ).

Please explain the comments section.