The left has a pantheon of go-to authorities for this and that that I find amusing. In any setting where real work is performed, these dangerous intellectuals would be getting everyone else coffee, and getting the coffee order wrong, too. They'd be unable to give you correct change for their encore. The media takes the easy out, every time, by selecting someone from this Mount Rushmore of lamebrain notoriety to opine on the issues of the day, be it Krugman, or Bill Nye, or the knucklehead with the vendetta against Pluto, I forget his name. You know all their names if you watch TV. They once asked Krugman, the king of this empire of ill-formed opinion, what he thought of the internet. That's an accurate quote from the guy.
It's a ridiculous opinion, which is his stock in trade, I gather. It gets floated endlessly across the internet, and I saw it all over the place this week while looking for Maggie's Farm links. This opinion held him up to ridicule so badly that he got internet fellow travelers like the Snopes dissemblers to explain that he was just joking, or stirring the pot, or performing a thought experiment that the uncool couldn't grok. In short, he admitted he was wrong, without admitting he was wrong, of course.
Look, I'm not arguing that Paul Krugman isn't a rantipole, addlepated, intellectually stunted jerkwad hack, or that his mother doesn't dress him funny. I'll leave that to others. What I'm saying is that it's funny that he disowned this comment, because it's the only time he was on the right track with his opinions. The quote gets posted on the internet as prima facie evidence that Krugman is a fool, as if no further exposition is necessary. That's because the average internaut has no idea how profoundly the fax machine, and technology like it, changed the economy.
Posting this little quote is a form of begging the question. No, we don't all know reflexively that fax machines never mattered much, and the internet is everything. I stood in front of a teletype machine taking orders in the past, and slit open envelopes with mail orders from Fortune 500 purchasing agents, so believe you me, I know that fax machines transformed business. Many businesses in many parts of the world still use fax machines today as a primary form of business communication.
Google stole the Yellow Pages, Facebook stole magazine ads, Craigslist took over newspaper classifieds, Amazon got the Sears catalog, and Shopify is just a bunch of Fingerhut catalogs. Most other internet businesses are just unintentional Ponzi schemes who haven't run out of seed money or IPO cash yet. The fax machine soldiers on in the corner. So I say Krugman was almost right, for once in his life, and then immediately disowned his own comment, keeping his batting average at a thousand.
On to the links!
I pulled a 1,500-year-old sword out of a lake
I was crawling along the bottom of the lake on my arms and knees, looking for stones to skim, when my hand and knee felt something long and hard buried in the clay and sand. I pulled it out and saw that it was different from the sticks or rocks I usually find. One end had a point, and the other had a handle, so I pointed it up to the sky, put my other hand on my hip and called out, “Daddy, I’ve found a sword!”
A charming story, but no, it doesn't make you the Queen. The guy you handed the sword to, however...
Panasonic designed human blinders to block out open-plan office distraction
Wear Space is, for lack of a better description, like equine blinkers for humans. The strip of flexible material wraps around the back of the head and covers the side of the eyes, blocking up to 60 percent of a wearer’s peripheral vision, Panasonic says. Think of it as a sign for potential bothersome coworkers that broadcasts, “I’m busy.”
Millennials will go to any lengths to avoid admitting that they're wrong about anything, including cubicles, which were a fine way to balance privacy and office camaraderie.
Chinese city 'plans to launch artificial moon to replace streetlights'
In Chengdu, there is reportedly an ambitious plan afoot for replacing the city’s streetlights: boosting the glow of the real moon with that of a more powerful fake one. The south-western Chinese city plans to launch an illumination satellite in 2020. According to an account in the People’s Daily, the artificial moon is “designed to complement the moon at night”, though it would be eight times as bright.
I'm not sure if I'll trust this to replace streetlights until Paul Krugman weighs in.
How the Finnish Survive Without Small Talk
Small talk outside social situations between close friends is virtually non-existent. Interactions with baristas? Limited to the name of the coffee you want to order. Sitting, walking or standing in a way that requires acknowledging a stranger’s presence? Never. (A meme featuring people standing outside a bus shelter rather than under it is an often-posted joke in Finland to illustrate this point.) If you’re a foreigner, congratulations – you’re probably the loudest person on their often (voluntarily) silent public transport.
What is it with these phlegmatic Finns? What is it with these female writers and parentheses?
IT Software Shop SolarWinds Shakes Up IPO With Lower Price
SolarWinds, notably, has strong operating profit and EBITDA results but loses money on a net basis due to some exotic-ish expenses (“Unrealized net transaction gains (losses) related to remeasurement of intercompany loans”), and the cost of its debt. SolarWinds is carrying billions in debt, which drags its healthy business into a bucket of red ink.
There are parentheses inside of other parentheses in this article. What is it with these male writers always trying to one-up the girls? Oh, and that balance sheet is a mess, so I bet Krugman would love it.
Amazon creates 1,000 'highly skilled' jobs in three UK cities
At least 600 "highly skilled" roles will be added in Manchester working on software, machine learning and AWS, its cloud computing business. The company will also create 250 and 180 jobs at its development centres in Edinburgh and Cambridge respectively. Doug Gurr, Amazon's UK country manager, described the new roles as "Silicon Valley jobs in Britain".
Paul Krugman's head will explode while trying to explain this news while still blaming both Donald Trump and Brexit for all the world's ills.
Jane VC, a new fund for female entrepreneurs, wants founders to cold email them
Jane VC, a new venture fund based out of Cleveland and London wants entrepreneurs to cold email them. Send them your pitch, no wealthy or successful intermediary necessary. The fund, which has so far raised $2 million to invest between $25,000 and $150,000 in early-stage female-founded companies across industries, is scrapping the opaque, inaccessible model of VC that’s been less than favorable toward women.
Maybe abject discrimination against males of the species can produce another Ginni Rometty!
Exclusive: dramatic slowdown in global growth of internet access
The growth of internet access around the world has slowed dramatically, according to new data, suggesting the digital revolution will remain a distant dream for billions of the poorest and most isolated people on the planet. The striking trend, described in an unpublished report shared with the Guardian, shows the rate at which the world is getting online has fallen sharply since 2015, with women and the rural poor substantially excluded from education, business and other opportunities the internet can provide.
As usual, women, minorities, and Paul Krugman hardest hit.
Palantir, Peter Thiel’s All-Seeing Eye, Looks to a $41 Billion I.P.O.
Palantir, the hyper-secretive data-mining company founded by Trump homie Peter Thiel and C.E.O. Alex Karp, is almost as mysterious as the clients it works for. Started in 2003 and with seed money from the C.I.A., Palantir has developed a suite of surveillance technologies that have reportedly been used by the military to hunt down Osama bin Laden, to avoid roadside bombs, and by police departments to predict crimes before they happen.
Well, everyone at the FBI and the CIA is too busy ghostwriting articles at the New York Times to get any work done, so they had to sub it out.
Why have humans never found aliens?
“If aliens are so likely, why have we never seen any?” That is the Fermi Paradox—named after Enrico Fermi, a physicist who posed it in 1950. Fermi’s argument ran as follows. The laws of nature supported the emergence of intelligent life on Earth. Those laws are the same throughout the universe. The universe contains zillions of stars and planets. So, even if life is unlikely to arise on any particular astronomical body, the sheer abundance of creation suggests the night sky should be full of alien civilisations. Fermi wondered why aliens had never visited Earth.
Please notice that Fermi followers never circle back to question their begged question: If aliens are so likely... Says who?
Sears’ ‘radical’ past: How mail-order catalogs subverted the racial hierarchy of Jim Crow
A lesser-known aspect of Sears’ 125-year history, however, is how the company revolutionized rural black southerners’ shopping patterns in the late 19th century, subverting racial hierarchies by allowing them to make purchases by mail or over the phone and avoid the blatant racism that they faced at small country stores.
That's funny. The internet shopping experience that replaced mail order catalogs lets advertisers discriminate by age, sex, and race when they decide who will see their ads. In order to promote racial equality, I demand that we immediately replace internet shopping with mail order catalogs and fax machine ordering. Who's with me? Besides Krugman, I mean.
Now fax in your comments, and have a great Friday!
Tracked: Oct 21, 09:30