Scott Galloway; The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google; Portfolio; 2017-10-02; 320 pages; ASIN:B06WP982HX: Kindle: $15, paper: $19+SHT.
tl;dr → Yet-Another-Jeremiad (YAJ®), An indictment of Amazon, Apple, Facebook, Google and Netflix. They bad.
and → Everyone’s penning these for the fall book release cycle. This here Youtoobbist has one too.
and → <quote>And he reveals how you can apply the lessons of their ascent to your own business or career.</quote>
Something about how Google is the godhead.
Game of Thrones, a work of fiction
the Iron Throne, a plot device
Something about how “government” should break up Amazon.
New York University (NYU), in (um) New York)
Palo Alto, in Cailifornia
Hamburg, in Europe
Jeff Bezos, CEO, Amazon
Margrethe Vestager, the commissioner on competition, European Union (EU).
Jack Hough; In Barron’s; 2017-09-30.
Teaser: Serial entrepreneur and NYU marketing professor Scott Galloway talks about the dominance of Alphabet, Apple, Facebook, and Amazon.
tl;dr → a book promotion; a press release in dialog form.
tl;dr → Computers are a fetish (just like any other). The “smart gadgets” are silly.
and → <quote>This new cyberpunk dystopia is more Stepford Wives, less William Gibson.</quote>
and → <quote>There’s some tragedy in this future. <snip/> It’s [computers] they might remain just as ordinary and impotent as they are today, and yet overtake us anyway.</quote>
Smartphone-connected bike locks .
Automated Content Recognition (ACR)
hacked baby monitors
Denial of Service (DoS) attack
Ring, a “smart” doorbell
<quote>these are not the robots we were promised</quote>, attributed to Nicholas Carr, as a “wisecrack.”
tl;dr → A jeremiad. They’re stealing your soul, you know that don’t you? The book promotion. It’s so bad, even the good parts are bad. The youngs, these days, they have no sense of the noblesse oblige, as we, their betters and progenitors, did. They are untutored, unwashed, and self-absorbed. As ingrates they come. The Republic will fail for it. Mark the time, and where you were.
<paywalled>A Complaint; Staff; In The Financial Times; WHEN?<paywalled>
algorithms, their algorithms
Something about agriculture; Big Food. Big Food is bad. The Extraordinary Science of Junk Food; Some Cub Reporter (SCR); In The New York Times (NYT); 2013-02-24.
Author?; The Omnivore’s Dilemmna: The Natural History of Means; Publisher; WHEN; ASIN:0143038583
It is without any indication of irony that Franklin Foer cites Amazon as the authoritative site for the book; not the publisher of the book, nor its companion promotional site, but Amazon. <belaboring>Amazon bad, remember?<belaboring>
Very Long Title (something about Facebook, audience, advantage); Some Cub Reporter (SCR); In The New York Times (NYT); 2016-05-06.
Article (about that “blue” dress); Some Linkbaitist; In Buzzfeed; WHEN?
“Game of Thrones,” the evergreen content fountain.
<quote>Old media had a pack mentality, too, but the Internet promised something much different.</quote>
Authors?; Some Article; In An ACM Publication; WHEN?; paywall
two hive minds, The Archetypes
Eli Pariser; A Talk; performed at Theater, Entertainment & Delight (TED); WHEN?
Eli Pariser; The Filter Bubble; Publisher; WHEN?; N pages; ASIN:B0050FLOMI
tl;dr → unironic. op. cit, supra.
the proliferation of falsehoods and conspiracies through social media
the dissipation of our common basis for fact
conditions ripe for authoritarianism.
a coterie, of corporations
the tech monopolies
the technologist’s view of the world
the titans of tech
The big tech companies
The big tech companies (again)
Google, Apple, Facebook, Amazon (GAFA)
shredding the principles that protect individuality.
hostility toward intellectual property
the tech companies (again)
algorithms, their algorithms
<quote>They have compiled an intimate portrait of the psyche of each user — a portrait that they hope to exploit to seduce us into a compulsive spree of binge clicking and watching. <quote>
<commentariat>Whereas history rhymes, in another age: someone, many ones, wrote this same piece against railing against the uber-baddies of the era: Uber (sic), Microsoft, Oracle, Intel, Big Oil, Big Auto, Big Steel, Big Meat, ITT, IBM, AT&T, Western Union, Standard Oil, The Trusts, The East India Company.</commentariat>
<commentariat>You know, if you don’t like what’s in the news, then go out and make some for yourself.</commentariat>
John Battelle; Tech Is Public Enemy #1. So Now What?; In His Blog, white-labeled as NewCo, centrally-hosted on Medium; 2017-09-10.
Teaser: If tech wants to reverse the crushing tide of negative public opinion, it must start creating public good commensurate with its extraction of private profit.
tl;dr → Agree, perhaps. But it’s not clear to what one is agreeing at all; whereas the lede is buried. That being promotion of Richard Florida’s book The New Urban Crisis.
and → Unto the hook of the title: For the sin.
John Battelle interviewed Richard Florida towards a book promotion.
Richard FloridaThe New Urban Crisis: How Our Cities Are Increasing Inequality, Deepening Segregation, and Failing the Middle Class—and What We Can Do About It 1st Edition ; Basic Books; 2017-04-11; 336 pages; ASIN:0465079741: Kindle: $18, paper: $12+SHT.
Where “tech” is Apple, Amazon, Facebook, Google, and maybe Netflix (rly?).
And JB foresaw it in a vision of 2017-01; fair. he also “saw” it in 2011-12, had Microsoft in the cohort, and pitched “The Internet Big Five” as a gushing chronicle-of-the-times, only-time-will-tell honorific of boosterist veneration. It’s okay to change one’s mind.
Richard Florida is granted 191 words at the end to speak as a threat.
Whereas Richard Florida has a direct line to Congress.
Unless his demands are met … something will happen
Google Apple Facebook Amazon (GAFA),
Google Amazon Facebook Apple (GAFA)
Facebook Amazon Netflix Google (FANG),
Facebook Apple Netflix Google (FANG)
Lloyd M. Bentsen Jr. Chair in government-business relations at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin
senior scholar of the Levy Economics Institute
chair of the Board of Economists for Peace and Security.
Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe; Yale University Press; 2016-06-21; 232 pages; Yale.; Amazon:0300220448: Kindle: $15, paper: $19+SHT.
tl;dr → So much fail. <quote>So what is modern economics about? It seems to be, mainly, about itself</quote>
The Annual Meeting, (maybe) 2000 (2000-01-07 → 2000-01-09) of the American Economic Association (AEA), in Boston, MA.
American Economic Association (AEA)
“The Golden Virtue of Eclecticism”, a talk by Paul Samuelson.
Other talks, not cited; by others, named below.
<quote ref=”there“>Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back </quote>
<pull-quote> Leading active members of today’s economics profession, the generation presently in their 40s and 50s, have joined together into a kind of politburo for correct economic thinking. As a general rule–as one might expect from a gentleman’s club–this has placed them on the wrong side of every important policy issue, and not just recently but for decades. They predict disaster where none occurs. They deny the possibility of events that then happen. They offer a “rape is like the weather” fatalism about an “inevitable” problem (pay inequality) that then starts to recede. They oppose the most basic, decent, and sensible reforms, while offering placebos instead. They are always surprised when something untoward (like a recession) actually occurs. And when finally they sense that some position cannot be sustained, they do not re-examine their ideas. Instead, they simply change the subject. No one loses face, in this club, for having been wrong. No one is disinvited from presenting papers at later annual meetings. And still less is anyone from the outside invited in. Only the occasional top-insider-turned-dissident–this year the admirable Stiglitz–can reliably count on getting a hearing. </pull-quote>
No young economist better exemplifies the club spirit than MIT’s Paul Krugman.
Some academic scribbler of a few years back
Robert J. Gordon
John Maynard Keynes
The Celebrity Economists, Today
Anders Aslund, adviser to Boris Yeltsin
David Card, University of California, Berkeley
a “good guy” in the narrative
University of Texas at Austin
China Center for Economic Research at Peking University
Stanley Fischer, International Monetary Fund (IMF)
Alan Krueger, Princeton
Andrei Shleifer, adviser to Boris Yeltsin
Myron Scholes formulist.
Joseph Stiglitz, chief economist, World Bank
Lawrence Summers, Treasury Secretary, U.S.
The “missing” ideas. [the falseness of...]
<quote>Inflation is everywhere and always a monetary phenomenon</quote>
Full employment without inflation is impossible
Full Employment Act
4% is the rate
Rising pay inequality stems from technological change
Skill-biased technological change
markets (in everything)
third way politicians
Rising minimum wages cause unemployment
Sustained growth cannot exceed 2.5 percent per year
Price and quantity are set in free competitive markets through the interaction of supply and demand