Ted Chiang is a genius, but he’s wrong about Silicon Valley

 Ted Chiang isn’t just one of the greatest science-fiction writers alive — he’s one of the greatest writers alive full stop. Which is why I was so saddened and disappointed by his recent excoriation of Silicon Valley in BuzzFeed. As the tech industry grows ever more powerful, we need brilliant minds critiquing and dissecting its many flaws. Instead we got a trenchant takedown of… Read More

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ICO-lateral damage

 The ICO regulators are here, and they’re carrying big sticks. (PDF) “Coins or other digital assets issued on a blockchain may be securities under the federal securities laws… tokens were securities as defined by Section 2(a)(1) of the Securities Act because they were investment contracts … An investment contract is an investment of money in a common enterprise with… Read More

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The difference between good and bad Facebooking

 “Social media” is a clumsy term that entangles enriching social interaction with mindless media consumption. It’s a double-edged sword whose sides aren’t properly distinguished. Taken as a whole, we can’t decide if it “brings the world closer together” like Facebook’s new mission statement says, or leaves us depressed and isolated. Read More

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To fix SoundCloud, it must become the anti-Spotify

 Startups die by suicide, not competition. It wasn’t that anyone was stealing SoundCloud’s underground rappers, bedroom remixers, and garage bands. SoundCloud stumbled because it neglected these hardcore loyalists as it wrongly strived to usurp Spotify as the streaming home of music’s superstars.
But four months ago after laying off 40% of its staff, SoundCloud scored a… Read More

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Is Trump a Twitter addict?

 The president of the United States cannot seem to stop tweeting. Despite stern advice from his advisors and opprobrium from the world, not a day goes by that POTUS doesn’t escalate some tension in 280 characters. Each of us can relate to making a social media post we regret later and vowing never to do it again — but few of us do it on such a public scale. But is it addiction? Read More

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The Flying Eye and you and I

 It’s refreshing, in this difficult time, when technology and the tech industry seem trapped in a quicksand of endless ethical compromises and disconcerting emergent properties, to come across something tech-related of which one can say, awed, without complications or caveats: holy shit this is amazing. Which happened to me today! Let me share it with you. The Flying Eye Hospital,… Read More

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In praise of Tesla’s bankruptcy

 You know everybody loves Tesla-the-company. But did you know that a whole lot of smart people hate Tesla-the-business? “From a return-on-investment-capital standpoint, Tesla is a catastrophe.” “The electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour.)” “Tesla is losing a massive amount of money with no competition, and… Read More

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Cultural accumulation vs. cultural decay

 Don’t worry; I’m not getting all moralistic on you here. When I talk about cultural decay I’m talking about something I think we need more of. We have too much culture to have a culture, you see, and that’s basically all tech’s fault — but it’s not necessarily a problem. No, stop, wait, listen, I can explain. Have you noticed that it’s a whole… Read More

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Snapchat’s epic strategy flip-flop

 It takes courage to say you were wrong about almost everything. But that’s what Snap Inc CEO Evan Spiegel did this week, and that’s what it will take to save Snapchat. From algorithmic feeds to partnerships to target markets to recruiting adults, Snap is planning a 180-degree turn across the board. It’s warranted. The Q3 earnings report was a blood bath with Snap’s… Read More

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