Interesting Links for 08-10-2017
Oct. 8th, 2017 12:00 pm- Why you shouldn't body shame Donald Trump
- (tags: shame bullying bodies )
- Be my eyes - helping partially sighted people out using a simple app
- (tags: sight apps disabilities )
- The British Drea - your slogans collapsing in real time.
- (tags: politics uk satire funny ViaDrCross )
- What's going on with inflation?
- (tags: economics inequality )
- Anna and the Apocalypse: A zombie-Christmas-high school musical can’t be this good
- (tags: movies zombies review )
- An introduction to North Korean graphic design
- (tags: NorthKorea design )
- London's Hidden Tunnels Revealed In Amazing Cutaways
- (tags: London 3d design )
- Australian police ran world's largest child porn forum for a year
- (tags: children rape police web )
- Elon Musk debates the singularity with Rick and Morty tweeting about the singularity
- (tags: singularity wtf )
- MagicLeap - still making millions from made-up tech
- (tags: technology augmentedreality fail )
- Freedom of Speech Isn't About Speech
- (tags: freespeech )
- Be amongst the first people to see the brain’s lymphatic system
- (tags: brain )
- "I was in the MAPS MDMA for PTSD study"
- (tags: ecstasy drugs mentalhealth psychology ptsd )
- This is what the pilot sees and the passengers do not seeDuring landing at Queenstown New Zealand
- (tags: airplanes video )
- Trump administration rejects Theresa May’s post-Brexit agriculture deal with EU
- (tags: UK Europe usa trade )
no subject
Date: 2017-10-08 11:56 am (UTC)MagicLeap and Co
Date: 2017-10-09 10:04 am (UTC)I wonder how it effects the VC industry (generally or in Silicon Vally) if gaming the VC system in this way become common practice. Does it suck meaningful amounts of money out of the system? Do VC's get wise?
I also wonder what it tells us about luck in tech related entrepreneurship. If you end up very rich as a result of a lucky break and the waste that money backing daft tech ventures once you confuse your luck with business genius - that's a lesson about capitalism right there.
no subject
Date: 2017-10-09 10:35 am (UTC)So there seem to be a few options with capital accumulation, bubbles, wages and inflation.
Option 1 - things continue much as they are. Capital accumulates most of the growth in the economy goes to owners, not workers. Workers are placated by technology driven improvements in the quality of goods and services they get.
Option 2 - we have a war and destroy a lot of the surplus wealth - along with a lot of workers. A bayonet is a weapon with a worker at both ends.
Option 3 - Some polities find a way of extracting rent from the rich without being politically compromised by them. They milk the bubbles through judicious use of wealth taxes and put the money in to social infrastructure.
Option 4 - The rich suffer an ideological crisis in three parts. 1 section comes over all Bill Gates / Andrew Carnegie and channels their fortunes in to more or less socially useful activites. 1 section invest in MagicLeap and discover that getting rich by being lucky is not the same as staying rich by being smart. 1 section remain utter cynical parastic bastards but bastards with money.
Option 5 - The rich become quixotic, for good or for ill, and rather than wasting their wealth on war decide to colonise Mars or pursue radical life extention or map the ocean floor. The projects are not particularly useful, or successful or wise or politically supported by a broad base of the population.
Option 6 - The robots (or the Culture) arrive and things are very, very different.
Or, this is mostly an artifact of demographics and it starts to shift when a) Baby Boomers die and b) the Chinese middle-class is properly bedded in and worrying about low-wage competition from Africa.
no subject
Date: 2017-10-09 10:45 am (UTC)I'm looking forward to the Tories explaining this in 2021 and I hope Boris Johnson is the Tory leader so he can properly enjoy the experience.
Re: MagicLeap and Co
Date: 2017-10-22 12:32 pm (UTC)I am not _entirely_ writing off Magic Leap. Their demos are apparently amazing. But their complete failure to actually produce working saleable product is a pretty big indicator that there's something wrong there.
Possibly they will eventually go bust, and someone will buy up their IP/patents and do something useful with them.
no subject
Date: 2017-10-22 12:32 pm (UTC)no subject
Date: 2017-10-22 12:33 pm (UTC)While we wait for (6) of course.
And yes - once China catches up and it becomes impossible to just shift to more desperate people with lower standards things will hopefully get a lot harder for the plutocrats.
Re: MagicLeap and Co
Date: 2017-10-24 11:18 am (UTC)I mean have they actually got anything working or are they still at the concept stage?
no subject
Date: 2017-10-24 11:21 am (UTC)I think they will see much quicker industrialisation and wage growth than China because a) they are already a way down the path, it's just a bit obscured by China, b) it's easier once China is a rich country - you have a whole extra market to sell in to.
But still some time after China catches up before everyone is more or less on a rich world income.
Re: MagicLeap and Co
Date: 2017-10-24 11:24 am (UTC)https://www.theverge.com/2017/10/22/16505430/magic-leap-augmented-reality-temasek-funding-investment-why