"Surfing and snowboarding are what I do for fun -- to get out and play in nature. We live in a beautiful universe, and I wish to enjoy it and understand it as best I can. And I try to live a balanced life. Surfing is simply the most fun I know how to have on this planet. And physics, and science in general, is the best way of understanding how everything works. So this is what I spend my time doing. I do what I love, and follow my interests. Shouldn't everyone?"
Thursday, February 28, 2008
A. Garrett Lisi Fanclub
Tuesday, February 26, 2008
Not So Lite After All
Ship-Rescuing Awesomeness
Monday, February 25, 2008
Why Everything On The Internet Will Be Free
Sounds nice. And the economic case is compelling. But in my mind the most important point comes in this passage:
"From the consumer's perspective, though, there is a huge difference between cheap and free. Give a product away and it can go viral. Charge a single cent for it and you're in an entirely different business, one of clawing and scratching for every customer. The psychology of "free" is powerful indeed, as any marketer will tell you."
This marketing issue seems like a more important factor than dropping costs. Sometimes price is determined by cost of production plus a margin, but just as often it's determined by what the consumer is willing to pay. So even if your costs are zero, you'll still charge if someone is willing to pay for what you're selling. The big difference with free is that people don't need to think about it as a value proposition at all. So as a seller you need to do very little convincing.
The big bonus of free that Anderson doesn't talk about is elimination of the need for a payment mechanism. Despite all the internet's advances in the last few years, buying something online is still a huge pain in the ass. But as soon as you can get something to somebody online for free, the hassle of credit cards and paypals and whatever else goes away.
Friday, February 22, 2008
But Most of The Time...
... I'm not sorry I live on the other side of the world. Anyway, T-minus 3 hrs til the big 28. Time to get changed.
Sick New MoMA Exhibit
Thursday, February 21, 2008
The Guardian, The Idealist and The Artisan...
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Sunday, February 17, 2008
Against Waterboarding
"TWENTY-SEVEN years ago, in the final days of the Iran hostage crisis, the C.I.A.’s Tehran station chief, Tom Ahern, faced his principal interrogator for the last time. The interrogator said the abuse Mr. Ahern had suffered was inconsistent with his own personal values and with the values of Islam and, as if to wipe the slate clean, he offered Mr. Ahern a chance to abuse him just as he had abused the hostages. Mr. Ahern looked the interrogator in the eyes and said, “We don’t do stuff like that.”"
Here's a description of what waterboarding actually is for anyone who's curious.
Of Booms and Busts
An article in the New Yorker describes how Wall Street tends to contribute to destabilizing boom and bust cycles. The theory was put forward by Hyman P. Minsky in the late '80s. It calls for more regulation on Wall Street to prevent things like the sub-prime mortgage crisis from happening. In a nutshell:
"There are basically five stages in Minsky’s model of the credit cycle: displacement, boom, euphoria, profit taking, and panic. A displacement occurs when investors get excited about something—an invention, such as the Internet, or a war, or an abrupt change of economic policy. The current cycle began in 2003, with the Fed chief Alan Greenspan’s decision to reduce short-term interest rates to one per cent, and an unexpected influx of foreign money, particularly Chinese money, into U.S. Treasury bonds. With the cost of borrowing—mortgage rates, in particular—at historic lows, a speculative real-estate boom quickly developed that was much bigger, in terms of over-all valuation, than the previous bubble in technology stocks.
As a boom leads to euphoria, Minsky said, banks and other commercial lenders extend credit to ever more dubious borrowers, often creating new financial instruments to do the job. During the nineteen-eighties, junk bonds played that role. More recently, it was the securitization of mortgages, which enabled banks to provide home loans without worrying if they would ever be repaid. (Investors who bought the newfangled securities would be left to deal with any defaults.) Then, at the top of the market (in this case, mid-2006), some smart traders start to cash in their profits.
...The theory calls for increased regulation on Wall Street to decrease their contribution to the swings of the cycle.
Friday, February 15, 2008
The Greatest Wine Ever
Wednesday, February 13, 2008
It's Complicated...
Tuesday, February 12, 2008
Bill Baker of Skidmore, Owings and Merrill
3 Facts For Those Of Us Born In A Leap Year...
1) A leap year is any year evenly divisible by four — except for century years, which have to be divisible by 400. It's not a perfect system: The Gregorian year is 27 seconds longer than the astronomical year. By 12008, we'll be three days off.
2) October 5-14, 1582, never happened in Catholic lands. Brits (and their American subjects) born September 3 to 13 had no birthday in 1752. Those days were dropped when the Western world switched from the Julian to the Gregorian calendar.
3) International Atomic Time — kept by ultraprecise clocks — is gradually out-pacing astronomical time, which is determined by our planet's rotation. (Earth's spin is slowing — what a drag.) So in 1972, the International Earth Rotation and Reference Systems Service began adding occasional leap seconds. They've done it 23 times, most recently adding an extra "one-Mississippi" on December 31, 2005.
How The iPhone Blew Up The Wireless Industry
Monday, February 11, 2008
A Little-Mentioned Motivation For Peace...
Body Language Does The Talking
Sunday, February 10, 2008
One Cloud to Rule Them All
Profile of Defense Secretary Bob Gates
Saturday, February 9, 2008
Think Global, Teach Local?
* Another follow-up article in the Times on Education City in Qatar.