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Javier E

How Edward J. Snowden Orchestrated a Blockbuster Story - NYTimes.com - 0 views

  • the computer “systems administrators” had access to enormous amounts of classified information. “They can be a critical security gap because they see everything,” he said. “They’re like code clerks were in the 20th century. If a smart systems administrator went rogue, you’d be in trouble.”
Javier E

The Good, Racist People - NYTimes.com - 1 views

  • The idea that racism lives in the heart of particularly evil individuals, as opposed to the heart of a democratic society, is reinforcing to anyone who might, from time to time, find their tongue sprinting ahead of their discretion.
  • New York is a city, like most in America, that bears the scars of redlining, blockbusting and urban renewal. The ghost of those policies haunts us in a wealth gap between blacks and whites that has actually gotten worse over the past 20 years.
  • much worse, it haunts black people with a kind of invisible violence that is given tell only when the victim happens to be an Oscar winner. The promise of America is that those who play by the rules, who observe the norms of the “middle class,” will be treated as such. But this injunction is only half-enforced when it comes to black people, in large part because we were never meant to be part of the American story.
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  • I am trying to imagine a white president forced to show his papers at a national news conference, and coming up blank. I am trying to a imagine a prominent white Harvard professor arrested for breaking into his own home, and coming up with nothing. I am trying to see Sean Penn or Nicolas Cage being frisked at an upscale deli, and I find myself laughing in the dark. It is worth considering the messaging here. It says to black kids: “Don’t leave home. They don’t want you around.” It is messaging propagated by moral people.
Javier E

U.S. Internet Users Pay More for Slower Service - Bloomberg - 0 views

  • The arrival of commercial Internet communications in the mid-1990s posed a threat to both the phone and cable companies; eventually, the FCC deregulated the entire sector, thinking that competition among various modalities of Internet access --cable, phone, wireless, satellite -- would protect Americans. And in 2002, when the five-year period of deregulation began, there was indeed rough parity in speed and price between the cable companies and telephone companies providing Internet access.
  • Soon, however, cable companies found a way to upgrade their networks to provide connections perhaps 100 times faster than what was possible over copper wires, and at much lower expense than the phone companies incurred replacing their phone lines. Goodbye, Copper The American copper wire telephone system is, in fact, becoming obsolete. The physical switches used in the network are reaching the end of their useful lives. But now that cable has won the battle for wired Internet service and consumers are moving to mobile phones for voice service, the telephone companies are looking to shed the obligation to maintain their networks at all.
  • Meanwhile, the U.S. is rapidly losing the global race for high-speed connectivity, as fewer than 8 percent of households have fiber service. And almost 30 percent of the country still isn’t connected to the Internet at all.
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  • Other countries have different goals. The South Korean government announced a plan to install 1 gigabit per second of symmetric fiber data access in every home by 2012. Hong Kong, Japan and the Netherlands are heading in the same direction. Australia plans to get 93 percent of homes and businesses connected to fiber. In the U.K., a 300 Mbps fiber-to-the-home service will be offered on a wholesale basis.
  • In a sense, the FCC adopted the cable companies’ business plan as the country’s goal. The commission’s embrace of asymmetric access -- slower upload than download speeds -- also serves the carriers’ interests: Only symmetric connections would allow every American to do business from home rather than use the Internet simply for high-priced entertainmen
  • The first step is to decide what the goal of telecommunications policy should be. Network access providers -- and the FCC -- are stuck on the idea that not all Americans need high-speed Internet access. The FCC’s National Broadband Plan of March 2010 suggested that the minimum appropriate speed for every American household by 2020 should be 4 megabits per second for downloads and 1 Mbps for uploads. These speeds are enough, the FCC said, to reliably send and receive e-mail, download Web pages and use simple video conferencing.
  • Think of it this way: With a dialup connection, backing up 5 gigabytes of data (now the standard free plan offered by many storage companies) would take 20 days. Over a standard (3G) wireless connection, it would take two and a half days. Over a 4G connection it would be more than seven hours, and over a cable DOCSIS 3.0 connection, an hour and a half. With a gigabit fiber-to-the-home connection, it can be done in less than a minute.
  • If the U.S. had a fully fiber-based network, Hollywood blockbusters could be downloaded in 12 seconds, video conferencing would become routine, and every household could see 3D and Super HD images. Americans could be connected instantly to their co-workers, their families, their teachers and their health-care monitors. To make this happen, though, the U.S. needs to move to a utility model, based on the assumption that all Americans require fiber-optic Internet access at reasonable prices. How much would it cost to bring fiber to the homes of all Americans? Corning Inc. (GLW), the American glass manufacturer, and others have estimated that it would take between $50 billion and $90 billion.
  • The Internet has taken the place of the telephone as the world’s basic, general-purpose, two-way communication medium. All Americans need high-speed access, just as they need clean water, clean air and electricity. But they have allowed a naive belief in the power and beneficence of the free market to cloud their vision. As things stand, the U.S. has the worst of both worlds: no competition and no regulation.
Javier E

Peter Pomerantsev · Putin's Rasputin · LRB 20 October 2011 - 0 views

  • Putin’s chief ideologue and grey cardinal, Vladislav Surkov, the ‘Kremlin demiurge’. Known also as the ‘puppetmaster who privatised the Russian political system’, Surkov is the real genius of the Putin era. Understand him and you understand not only contemporary Russia but a new type of power politics, a breed of authoritarianism far subtler than the 20th-century strains.
  • He trained as a theatre director then became a PR man; now his official role is ‘vice-head of the presidential administration’, but his influence over Russian politics is unsurpassed. He is the man behind the concept of ‘sovereign democracy’, in which democratic institutions are maintained without any democratic freedoms, the man who has turned television into a kitsch Putin-worshipping propaganda machine and launched pro-Kremlin youth groups happy to compare themselves to the Hitler Youth, to beat up foreigners and opposition journalists, and burn ‘unpatriotic’ books on Red Square. But this is only half the story.
  • At one point he began to fear that success would be his undoing: there was speculation that he had presidential ambitions, a dangerous rumour, especially in political circles, and he immediately leaked the fact of his Chechen father, which he had previously kept secret, in order to rule himself out of higher office, or so it’s said. It was his way of saying ‘I know my place.’ One of his former bosses described him as ‘a closed person, with many demons. He is never on the level with people. He needs to be either above or, if need be, below: either the boss or the slave.’
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  • . In contemporary Russia, unlike the old USSR or present-day North Korea, the stage is constantly changing: the country is a dictatorship in the morning, a democracy at lunch, an oligarchy by suppertime, while, backstage, oil companies are expropriated, journalists killed, billions siphoned away. Surkov is at the centre of the show, sponsoring nationalist skinheads one moment, backing human rights groups the next. It’s a strategy of power based on keeping any opposition there may be constantly confused, a ceaseless shape-shifting that is unstoppable because it’s indefinable.
  • Newly translated postmodernist texts give philosophical weight to the Surkovian power model. François Lyotard, the French theoretician of postmodernism, began to be translated in Russia only towards the end of the 1990s, at exactly the time Surkov joined the government. The author of Almost Zero loves to invoke such Lyotardian concepts as the breakdown of grand cultural narratives and the fragmentation of truth: ideas that still sound quite fresh in Russia. One blogger has noted that ‘the number of references to Derrida in political discourse is growing beyond all reasonable bounds. At a recent conference the Duma deputy Ivanov quoted Derrida three times and Lacan twice.’ In an echo of socialism’s fate in the early 20th century, Russia has adopted a fashionable, supposedly liberational Western intellectual movement and transformed it into an instrument of oppression.
  • In Soviet times a functionary would at least nominally pretend to believe in Communism; now the head of one of Russia’s main TV channels, Vladimir Kulistikov, who used to be employed by Radio Free Europe, proudly announces that he ‘can work with any power I’m told to work with’. As long as you have shown loyalty when it counts, you are free to do anything you like after hours. Thus Moscow’s top gallery-owner advises the Kremlin on propaganda at the same time as exhibiting anti-Kremlin work in his gallery; the most fashionable film director makes a blockbuster satirising the Putin regime while joining Putin’s party; Surkov writes a novel about the corruption of the system and rock lyrics denouncing Putin’s regime – lyrics that would have had him arrested in previous times.
  • In Soviet Russia you would have been forced to give up any notion of artistic freedom if you wanted a slice of the pie. In today’s Russia, if you’re talented and clever, you can have both. This makes for a unique fusion of primitive feudal poses and arch, postmodern irony
  • This is the world Surkov has created, a world of masks and poses, colourful but empty, with little at its core but power for power’s sake and the accumulation of vast wealth.
Javier E

Inequality: The 1 percent needs better defenders | The Economist - 0 views

  • Mr Mankiw begins with a thought experiment: "Imagine a society with perfect economic equality...Then, one day, this egalitarian utopia is disturbed by an entrepreneur with an idea for a new product. Think of the entrepreneur as Steve Jobs as he develops the iPod, J.K. Rowling as she writes her Harry Potter books, or Steven Spielberg as he directs his blockbuster movies." Everyone wants to buy the entrepreneur's product, which results in a hugely unequal distribution of income. Should the government shift to a progressive tax system to reduce the inequality?Obviously Mr Mankiw discovers that the answer is "no", because that's the answer he has built his analogy to produce.
  • Mr Mankiw's analogy sneaks in his conclusion by implying that greater inequality is the price we pay for more invention and creativity. But his own choices of hero-entrepreneurs make it clear that there's no evidence to support this claim.
  • Of the three Mr Mankiw proposes, only Steve Jobs plausibly had an irreducible, unique effect on material culture and the structure of an industry. Mr Spielberg and Ms Rowling are acclaimed artists, but their startling wealth and prominence are entirely due to the increasing power of network effects in mass culture over the past several decades. Mr Spielberg happened to be directing his first movies just as Hollywood was beginning to stage coordinated marketing blitzes that created round-the-block lines for top-grossing films. Ms Rowling hit the bookshelves just as a similar superstar phenomenon was taking over publishing, with sales increasingly concentrated on individual mega-bestsellers rather than spread across a few dozen authors and titles. Mr Jobs is an unusual figure in that his ability to combine engineering, aesthetics, and a vision of how users might interact with the digital universe has created a kind of integrated multi-product entity that might not otherwise have existed; it's not clear that BlackBerry, Nokia or Samsung would have been up to the task. But even in Mr Jobs's case, much of the power that accrued to Apple was due to the gradual sorting of the consumer information-technology world into integrated ecosystems
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  • "The music industry is a microcosm of what is happening in the U.S. economy at large," Mr Krueger said. "We are increasingly becoming a ‘winner-take-all economy,’ a phenomenon that the music industry has long experienced. Over recent decades, technological change, globalization and an erosion of the institutions and practices that support shared prosperity in the U.S. have put the middle class under increasing stress. The lucky and the talented—and it is often hard to tell the difference—have been doing better and better, while the vast majority has struggled to keep up."
  • why does Mr Mankiw pick three figures from the entertainment and computer industries, where everyone knows the "superstar" phenomenon is strongest? Because if he used examples from other industries, it would be even more difficult to convince the reader that the immense rewards being reaped by those at the top had anything to do with their unique contributions to the economy
  • Perhaps those other guys wouldn't have been as good at their jobs; in that case, these firms would have lost market share to competitors. So what?
  • The social purpose of high executive pay is to create incentives for hard work to maximise profit. But these guys are being paid double what their predecessors were making in the 1980s
  • Are we seeing startlingly better corporate performance today than we were back then? Is there greater productive innovation in, say, medical technology or commercial real estate? Is our economy growing faster? Are general standards of living rising faster? No, no, no and no.
  • Mr Mankiw's analogy stacks the deck by making it appear as though great creative entrepreneurs create the consumer demand which leads to inequality. This is not how things work.
  • If the government were to, for example, return top marginal tax rates to the levels that prevailed in the 1990s or the 1970s in order to compensate for the superstar effect, there is no reason to believe that the top one percent would produce any less value for society than they do now. Mr Spielberg would likely have worked just as hard at 1970s tax rates as he does at 2013 tax rates; indeed, he did so when he made "Jaws". Similarly, Mr Jobs worked very hard on the Apple 2e in the 1970s and on the iMac in the 1990s, and Ms Rowling worked quite hard on the Harry Potter series even though tax rates in Britain are much higher than those in America.
johnsonma23

Consensus Is the Supreme Court's New Majority - The New York Times - 0 views

  • Consensus Is the Supreme Court’s New Majority
  • The Supreme Court has gone into hibernation, withdrawing from the central role it has played in American life throughout Chief Justice John G. Roberts Jr.’s decade on the court.
  • The court had leaned right until the death of Justice Antonin Scalia in February.
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  • “I give great credit to the chief justice, who I think in general is a person who is concerned about consensus building, and I think all the more so now,
  • Opinions vary about whether a Supreme Court that does little is good for the nation, but the trend is certainly a testament to Chief Justice Roberts’s leadership. He has long said he favors narrow decisions endorsed by large majorities, and it turns out that goal is easier to achieve on an eight-member court. Advertisement Continue reading the main story
  • The justices will continue to issue decisions in most cases, but many will be modest and ephemeral, like Monday’s opinion returning a major case on access to contraception to the lower courts for further consideration.
  • “Yesterday’s contraception case shows why an equally divided court among liberals and conservatives has many benefits for our country, and also why the sky-is-falling claims by many court watchers about an eight-member court are overstated,”
  • “This type of consensus decision making,” Professor Segall said, “is a welcome change from the normal political and sometimes partisan approach we normally see in important 5-4 opinions, where one side can impose its own agenda on the parties and the country.”
  • forcing public workers to support unions they had declined to join violated the First Amendment. Justice Scalia’s questions were consistently hostile to the unions.
  • Four days before he died, the court blocked the Obama administration’s effort to combat global warming by regulating emissions from coal-fired power plants. The vote was 5 to 4, with the court’s conservatives in the majority.
  • The court has three major decisions left to decide before the justices take their summer break: on abortion, immigration and affirmative action.
  • All of this term’s blockbusters were added to the court’s docket before Justice Scalia died. Since then, the justices have agreed to hear just seven cases, and none of them concern issues of broad public interest
  • The next term, which starts in October, is thus shaping up to be a thin and quiet one. Until the next justice arrives, the Supreme Court will remain on the sideline of American life
Javier E

'The Golden Age of Silicon Valley Is Over, and We're Dancing on its Grave' - Derek Thom... - 0 views

  • Now there's a new pattern created by two big ideas. First, for the first time ever, you have computer devices, mobile and tablet especially, in the hands of billions of people. Second is that we are moving all the social needs that we used to do face-to-face, and we're doing them on a computer.
  • Silicon Valley is screwed as we know it.  If I have a choice of investing in a blockbuster cancer drug that will pay me nothing for ten years,  at best, whereas social media will go big in two years, what do you think I'm going to pick? If you're a VC firm, you're tossing out your life science division. All of that stuff is hard and the returns take forever. Look at social media. It's not hard, because of the two forces I just described, and the returns are quick.
  • Companies like Facebook for the first time can get total markets approaching the entire population.
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  • Facebook's success has the unintended consequence of leading to the demise of Silicon Valley as a place where investors take big risks on advanced science and tech that helps the world. The golden age of Silicon valley is over
B Mannke

Lone Survivor's Takeaway: Every War Movie Is a Pro-War Movie - Calum Marsh - The Atlantic - 0 views

  • The point of this sequence, it seems, is to show how exceptional the real-life SEALs are before introducing SEALs as characters. With soldiers’ conviction and might thus demonstrated, the film can then whisk a few of them off on a mission that, as the title suggests, does not end particularly well.
  • Many of its more aggressively nationalistic elements are just a matter of following genre protocol.
  • They are, in other words, ordinary guys, totally down-to-earth despite being the best at what they do.
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  • This is cartoon villainy—the realm of the black hat and the twirling moustache. Such gestures serve a straightforward dramatic purpose: They align the audience with the heroes while encouraging them to dislike the bad guys, so that when the battle finally ignites, the viewer’s sympathies have already been sorted out.
  • We need to believe, even subconsciously, that while the Americans are three-dimensional characters to whom we can relate, the seemingly endless droves of attackers who besiege them are not—they’re merely The Enemy, a faceless mass, a manifestation of evil
  • it’s doubtful that even the most outrageously jingoistic war films are actually dangerous in any meaningful sense
  • Not asking is its own kind of answer. It tells us to focus elsewhere: on the heroism of these men, on the bravery of their actions. The moral issues are for another day.
  • But it’s important to remember that despite their moralizing, war films are still essentially action films—blockbuster spectacles embellished by the verve and vigor of cutting-edge special effects. They may not strictly glorify. But they almost never discourage.
  • War isn’t great; war makes you great. What is such a sentiment if not pro-war?
  • He grumbled that it was just “another goddamned recruiting film.” And maybe that’s all they’ll ever be
Javier E

The future of jobs: The onrushing wave | The Economist - 0 views

  • drudgery may soon enough give way to frank unemployment. There is already a long-term trend towards lower levels of employment in some rich countries. The proportion of American adults participating in the labour force recently hit its lowest level since 1978
  • In a recent speech that was modelled in part on Keynes’s “Possibilities”, Larry Summers, a former American treasury secretary, looked at employment trends among American men between 25 and 54. In the 1960s only one in 20 of those men was not working. According to Mr Summers’s extrapolations, in ten years the number could be one in seven.
  • A 2013 paper by Carl Benedikt Frey and Michael Osborne, of the University of Oxford, argued that jobs are at high risk of being automated in 47% of the occupational categories into which work is customarily sorted. That includes accountancy, legal work, technical writing and a lot of other white-collar occupations.
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  • The impacts of technological change take their time appearing. They also vary hugely from industry to industry. Although in many simple economic models technology pairs neatly with capital and labour to produce output, in practice technological changes do not affect all workers the same way. Some find that their skills are complementary to new technologies. Others find themselves out of work.
  • The case for a highly disruptive period of economic growth is made by Erik Brynjolfsson and Andrew McAfee, professors at MIT, in “The Second Machine Age”, a book to be published later this month. Like the first great era of industrialisation, they argue, it should deliver enormous benefits—but not without a period of disorienting and uncomfortable change
  • Their argument rests on an underappreciated aspect of the exponential growth in chip processing speed, memory capacity and other computer metrics: that the amount of progress computers will make in the next few years is always equal to the progress they have made since the very beginning. Mr Brynjolfsson and Mr McAfee reckon that the main bottleneck on innovation is the time it takes society to sort through the many combinations and permutations of new technologies and business models.
  • A startling progression of inventions seems to bear their thesis out. Ten years ago technologically minded economists pointed to driving cars in traffic as the sort of human accomplishment that computers were highly unlikely to master. Now Google cars are rolling round California driver-free
  • Even after computers beat grandmasters at chess (once thought highly unlikely), nobody thought they could take on people at free-form games played in natural language. Then Watson, a pattern-recognising supercomputer developed by IBM, bested the best human competitors in America’s popular and syntactically tricksy general-knowledge quiz show “Jeopardy!” Versions of Watson are being marketed to firms
  • Text-mining programs will displace professional jobs in legal services. Biopsies will be analysed more efficiently by image-processing software than lab technicians. Accountants may follow travel agents and tellers into the unemployment line as tax software improves. Machines are already turning basic sports results and financial data into good-enough news stories.
  • the second machine age will make such trial and error easier. It will be shockingly easy to launch a startup, bring a new product to market and sell to billions of global consumers (see article). Those who create or invest in blockbuster ideas may earn unprecedented returns as a result.
  • Tyler Cowen, an economist at George Mason University and a much-read blogger, writes in his most recent book, “Average is Over”, that rich economies seem to be bifurcating into a small group of workers with skills highly complementary with machine intelligence, for whom he has high hopes, and the rest, for whom not so much.
  • A taxi driver will be a rarity in many places by the 2030s or 2040s. That sounds like bad news for journalists who rely on that most reliable source of local knowledge and prejudice—but will there be many journalists left to care? Will there be airline pilots? Or traffic cops? Or soldiers?
  • Thomas Piketty, an economist at the Paris School of Economics, argues along similar lines that America may be pioneering a hyper-unequal economic model in which a top 1% of capital-owners and “supermanagers” grab a growing share of national income and accumulate an increasing concentration of national wealth
  • The rise of the middle-class—a 20th-century innovation—was a hugely important political and social development across the world. The squeezing out of that class could generate a more antagonistic, unstable and potentially dangerous politics.
  • The current doldrum in wages may, like that of the early industrial era, be a temporary matter, with the good times about to roll (see chart 3). These jobs may look distinctly different from those they replace. Just as past mechanisation freed, or forced, workers into jobs requiring more cognitive dexterity, leaps in machine intelligence could create space for people to specialise in more emotive occupations, as yet unsuited to machines: a world of artists and therapists, love counsellors and yoga instructors.
  • though growth in areas of the economy that are not easily automated provides jobs, it does not necessarily help real wages. Mr Summers points out that prices of things-made-of-widgets have fallen remarkably in past decades; America’s Bureau of Labour Statistics reckons that today you could get the equivalent of an early 1980s television for a twentieth of its then price,
  • owever, prices of things not made of widgets, most notably college education and health care, have shot up
  • As innovation continues, automation may bring down costs in some of those stubborn areas as well, though those dominated by scarcity—such as houses in desirable places—are likely to resist the trend, as may those where the state keeps market forces at bay. But if innovation does make health care or higher education cheaper, it will probably be at the cost of more jobs, and give rise to yet more concentration of income.
  • Adaptation to past waves of progress rested on political and policy responses. The most obvious are the massive improvements in educational attainment brought on first by the institution of universal secondary education and then by the rise of university attendance. Policies aimed at similar gains would now seem to be in order. But as Mr Cowen has pointed out, the gains of the 19th and 20th centuries will be hard to duplicate.
  • Boosting the skills and earning power of the children of 19th-century farmers and labourers took little more than offering schools where they could learn to read, write and do algebra. Pushing a large proportion of college graduates to complete graduate work successfully will be harder and more expensive. Perhaps cheap and innovative online education will indeed make new attainment possible. But as Mr Cowen notes, such programmes may tend to deliver big gains only for the most conscientious students.
  • Everyone should be able to benefit from productivity gains—in that, Keynes was united with his successors. His worry about technological unemployment was mainly a worry about a “temporary phase of maladjustment” as society and the economy adjusted to ever greater levels of productivity
  • However, society may find itself sorely tested if, as seems possible, growth and innovation deliver handsome gains to the skilled, while the rest cling to dwindling employment opportunities at stagnant wages.
Javier E

The Rise of the Drone Master: Pop Culture Recasts Obama - NYTimes.com - 0 views

  • the most common artistic themes revolve around the surveillance and privacy issues.
  • “Where you have a black president but deeply racist policies are continuing like in the prison population, you have a lot of artists who are deeply interested in these contradictions,”
  • . Artists have focused particularly on the N.S.A. spying revelations disclosed by Edward J. Snowden and the president’s “kill list” of terrorists targeted by drones.
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  • a virtual arts festival of films, books, plays, comics, television shows and paintings have been using as their underlying narratives the sometimes grim reality of Mr. Obama’s presidency.
Javier E

Why It Was Easier to Be Skinny in the 1980s - The Atlantic - 1 views

  • The authors examined the dietary data of 36,400 Americans between 1971 and 2008 and the physical activity data of 14,419 people between 1988 and 2006.
  • A given person, in 2006, eating the same amount of calories, taking in the same quantities of macronutrients like protein and fat, and exercising the same amount as a person of the same age did in 1988 would have a BMI that was about 2.3 points higher. In other words, people today are about 10 percent heavier than people were in the 1980s, even if they follow the exact same diet and exercise plans.
  • if you are 25, you’d have to eat even less and exercise more than those older, to prevent gaining weight,
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  • three different factors that might be making harder for adults today to stay thin.
  • First, people are exposed to more chemicals that might be weight-gain inducing. Pesticides, flame retardants, and the substances in food packaging might all be altering our hormonal processes and tweaking the way our bodies put on and maintain weight.
  • Second, the use of prescription drugs has risen dramatically since the ‘70s and ‘80s. Prozac, the first blockbuster SSRI, came out in 1988. Antidepressants are now one of the most commonly prescribed drugs in the U.S., and many of them have been linked to weight gain.
  • the microbiomes of Americans might have somehow changed between the 1980s and now. It’s well known that some types of gut bacteria make a person more prone to weight gain and obesity. Americans are eating more meat than they were a few decades ago, and many animal products are treated with hormones and antibiotics in order to promote growth. All that meat might be changing gut bacteria in ways that are subtle, at first, but add up over time.
  • Kuk believes the proliferation of artificial sweeteners could also be playing a role.
  • “There's a huge weight bias against people with obesity,” she said. “They're judged as lazy and self-indulgent. That's really not the case
  • If our research is correct, you need to eat even less and exercise even more” just to be same weight as your parents were at your age.
Javier E

For Stanford Class of '94, a Gender Gap More Powerful Than the Internet - NYTimes.com - 0 views

  • “The Internet was supposed to be the great equalizer,” said Gina Bianchini, the woman who had appeared on the cover of Fortune. “So why hasn’t our generation of women moved the needle?”
  • identity politics pushed many people into homogeneous groups; Scott Walker, one of the only African-Americans in the class to try founding a start-up, said in an interview that he regretted spending so much time at his all-black fraternity, which took him away from the white friends from freshman year who went on to found and then invest in technology companies.
  • But there were still many hoops women had greater trouble jumping through — components that had to be custom-built, capital that needed to be secured from a small number of mostly male-run venture firms.
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  • But with the web, “all of the sudden we began moving to a market where first mover advantage became enormous,” he said. Connection speeds were growing faster, Americans were starting to shop online, and multiplying e-commerce sites fought gladiatorial battles to control most every area of spending.
  • If the dawn of the start-up era meant that consumer-oriented ideas were becoming more important than proprietary technology, he asked himself aloud, shouldn’t more women have flooded in?
  • “The notion that diversity in an early team is important or good is completely wrong,” he added. “The more diverse the early group, the harder it is for people to find common ground.”
  • David Sacks, on the other hand, was unmarried and unencumbered, and in 1999 he left politics, his law degree and a job at the consulting firm McKinsey & Company to join his Stanford Review friends at a technology start-up, because of “the desire to live on the edge, to fight an epic battle, to experience in a very diluted way what previous generations must have felt as they prepared to go to war,” he wrote at the time. For his generation, he wrote, “instead of violence, unbridled capitalism has become the preferred vehicle for channeling their energy, intellect and aggression.”
  • his lack of social grace became an asset, according to Mr. Thiel and other former colleagues. He did not waste time on meetings that seemed pointless, and he bluntly insisted that the engineers whittle an eight-page PayPal registration process down to one.
  • But those debates did a great deal for Mr. Sacks. After graduation, he and Mr. Thiel published “The Diversity Myth,” a book-length critique of Stanford’s efforts. Within a few more years, he, Mr. Thiel, Mr. Rabois and others had transformed themselves into a close-knit network of technology entrepreneurs — innovators who created billion-dollar business after billion-dollar business, using the ideas, ethos and group bonds they had honed at The Stanford Review.
  • he and Mr. Thiel now had a setting in which to try out their ideas about diversity and meritocracy. “In the start-up crucible, performing is all that matters,” Mr. Sacks wrote about that time. He wanted to give all job applicants tests of cognitive ability, according to his colleague Keith Rabois, and when the company searched for a new chief executive, one of the requirements was an I.Q. of 160 — genius level.
  • intentionally or not, he stated something many people quietly believed: The same thing that made Silicon Valley phenomenally successful also kept it homogeneous, and start-ups had an almost inevitable like-with-like quality.
  • The kind of common ground shared by the early PayPal leaders “is always the critical ingredient on the founding teams,” Mr. Thiel said in an interview. “You have these great friendships that were built over some period of time. Silicon Valley flows out of deep relationships that people have built. That’s the structural reality.”
  • Another woman from the class of 1994 was quoted in the Fortune article: Trae Vassallo, who was Traci Neist when she built the taco-eating machine all those years ago, attended Stanford Business School with Ms. Herrin and Ms. Bianchini, co-founded a mobile device company, and then joined Kleiner Perkins, a premier venture capital firm.
  • The success of the struggle to create PayPal, and its eventual sale price, gave the men a new power: the knowledge to create new companies and the ability to fund their own and one another’s. Billion-dollar start-ups had been rare. But in the next few years, the so-called PayPal Mafia went on to found seven companies that reached blockbuster scale, including YouTube, LinkedIn, Yelp and a business-messaging service called Yammer, founded by Mr. Sacks and sold a few years later to Microsoft for $1.2 billion.
  • Since 1999, the number of female partners in venture capital has declined by nearly half, from 10 percent to 6 percent, according to a recent Babson College study.
  • in early 2014, Ms. Vassallo was quietly let go. The firm was downsizing over all, especially in green technology, one of Ms. Vassallo’s specialties, and men were shown the exit as well. But in interviews, several former colleagues said it was far from an easy environment for women, with all-male outings and fierce internal competition for who got which board seat — meaning internal credit — for each company, not to mention a sexual discrimination lawsuit filed by a female junior partner, scheduled for trial in early 2015.
  • They also said that Ms. Vassallo, earnest and so technical that she started a robotics program at a local girls’ school, had not been as forceful, or as adept a politician, as some of her male peers.
  • Less than 10 years after graduation, he and Mr. Thiel had been transformed from outcasts into favorites with a reputation for seeing the future. Far from the only libertarians in Silicon Valley, they had finally found an environment that meshed perfectly with their desire for unfettered competition and freedom from constraints. The money they made seemed like vindication of their ideas.
  • As classmates started conversations with greetings like “How’s your fund?” some of those who did not work in technology joked that they felt like chumps. The Stanford campus had gone computer science crazy, with the majority of students taking programming courses. A career in technology didn’t feel like a risk anymore — it felt like a wise bet, said Jennifer Widom, a programming professor turned engineering dean. Computer science “is a degree that guarantees you a future, regardless of what form you decide to take it in,” she said.
  • The nature of start-ups was shifting again, too, this time largely in women’s favor. From servers onward, many components could be inexpensively licensed instead of custom-built. Founders could turn to a multiplying array of investment sources, meaning they no longer had to be supplicants at a handful of male-run venture firms. The promise that the Internet would be a leveler was finally becoming a bit more fulfilled.
  • The frenzy had an unlikely effect on the some members of the Stanford Review group: They were becoming cheerleaders for women in technology, not for ideological reasons, but for market-based ones.
  • Like many others, he was finding that the biggest obstacle to starting new companies was a dearth of technical talent so severe they worried it would hinder innovation.
  • The real surprise of the reunion weekend, however, was that more of the women in the class of ’94 were finally becoming entrepreneurs, later and on a smaller scale than many of the men, but founders nonetheless.
  • The rhythms of their lives and the technology industry were finally clicking: Companies were becoming easier to start just as their children were becoming more self-sufficient, and they did not want to miss another chance.
Javier E

Models Will Run the World - WSJ - 0 views

  • There is no shortage of hype about artificial intelligence and big data, but models are the source of the real power behind these tools. A model is a decision framework in which the logic is derived by algorithm from data, rather than explicitly programmed by a developer or implicitly conveyed via a person’s intuition. The output is a prediction on which a decision can be mad
  • Once created, a model can learn from its successes and failures with speed and sophistication that humans usually cannot match
  • Building this system requires a mechanism (often software-based) to collect data, processes to create models from the data, the models themselves, and a mechanism (also often software based) to deliver or act on the suggestions from those models.
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  • A model-driven business is something beyond a data-driven business. A data-driven business collects and analyzes data to help humans make better business decisions. A model-driven business creates a system built around continuously improving models that define the business. In a data-driven business, the data helps the business; in a model-driven business, the models are the business.
  • Netflix beat Blockbuster with software; it is winning against the cable companies and content providers with its models. Its recommendation model is famous and estimated to be worth more than $1 billion a year in revenue, driving 80% of content consumption
  • Amazon used software to separate itself from physical competitors like Borders and Toys “R” Us, but its models helped it pull away from other e-commerce companies like Overstock.com . By 2013 an estimated 35% of revenue came from Amazon’s product recommendations. Those models have never stopped improving
  • Third, incumbents will be more potent competitors in this battle relative to their role in the battles of the software era. They have a meaningful advantage this time around, because they often have troves of data and startups usually don’
  • Looking to produce more-resilient crops, Monsanto’s models predict optimal places for farmers to plant based on historical yields, weather data, tractors equipped with GPS and other sensors, and field data collected from satellite imagery, which estimates where rainfall will pool and subtle variations in soil chemistry.
  • Lilt, a San Francisco-based startup, is building software that aims to make that translator five times as productive by inserting a model in the middle of the process. Instead of working from only the original text, translators using Lilt’s software are presented with a set of suggestions from the model, and they refine those as needed. The model is always learning from the changes the translator makes, simultaneously making all the other translators more productive in future projects.
  • First, businesses will increasingly be valued based on the completeness, not just the quantity, of data they create
  • Second, the goal is a flywheel, or virtuous circle. Tencent, Amazon and Netflix all demonstrate this characteristic: Models improve products, products get used more, this new data improves the product even more
  • inVia Robotics builds robots that can autonomously navigate a warehouse and pull totes from shelves to deliver them to a stationary human picker. The approach is model-driven; inVia uses models that consider item popularity and probability of association (putting sunglasses near sunscreen, for example) to adjust warehouse layout automatically and minimize the miles robots must travel. Every order provides feedback to a universe of prior predictions and improves productivity across the system.
  • Fourth, just as companies have built deep organizational capabilities to manage technology, people, and capital, the same will now happen for models
  • Fifth, companies will face new ethical and compliance challenges.
Javier E

Jordan Peele Is the New Master of Suspense - WSJ - 0 views

  • Peele draws a straight line from his past, conducting laughs, to his present, conducting dread: “People who have done live comedy and who have written comedy develop a real sense of how an audience is going to react. It’s a skill that continues to sharpen, and in my directing career, it’s left me obsessed with riding the audience like a wave.”
  • “I do like to give the audience enough to figure it out, if they were to watch the movie enough, but I feel similarly to David Lynch in that I don’t think the audience needs to know everything. The key for me, as a director, is that I need to know everything, because the audience can sense it if I don’t. The beauty of Lynch’s work is that you can leave fulfilled and, at the same time, clueless as to what it was about.”
  • Peele wants social critiques to intertwine with his scares. “When you look at the great horror directors—George Romero, Wes Craven, John Carpenter, Alfred Hitchcock—they’re all talking about something without talking about it,
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  • Peele repeatedly explained how the notion of a post-racial America, which circulated around the 2008 election, struck him as part of a destructive national mind-set of denial. “The thing I didn’t feel we were talking about in any substantive manner was race. With this one, I asked myself, ‘What are we not ready to talk about now?’ And the answer for me was, ‘What is my part in this mess?’
  • “We’re living in a messy time,” he continues. “A dark time. And I think there’s plenty of blame to go around, but what I don’t see happening enough is people looking at their own part in this dark turn. It’s so much easier to blame the other. It connects to something in human nature, and to a duality in the history and present of this country as well: this fear of the outsider. This movie was a way to say, What if the intruder is us? Maybe the monster has our face, and we’re so obsessed with some unrecognizable monster that we’ve been blinded to the real one.”
  • By the time he dropped out of Sarah Lawrence he’d become hyperliterate in horror and, simultaneously, obsessed with improv comedy. In both idioms, he has addressed complex questions about race, such as what it means to be authentically black—a question with particular resonance to a kid whose own dad once asked him why he “talked white.”
  • in Us. Rather than another meditation on race, Peele says, he wanted to explore questions of economic privilege, training his lens on an upper-middle-class American family that happens to be black.
  • “There’s this idea that we deserve our privilege,” Peele says, “but when someone enjoys privilege, there almost has to be someone suffering so you can have that. Which means it’s not deserved. It’s violent. In this country we shield ourselves from the people who make our shoes. The people who have to work three jobs. The people we’ve murdered to build over. The wars that have happened so that we can have what we have. If we really acknowledge our place in the world, we have to acknowledge the atrocities, even if we’re not active members in them.”
  • I observe that Peele has just paraphrased Marx’s theories of alienation in describing a potential Hollywood blockbuster, and he doesn’t miss a beat: “The Tethered are wearing red.”
  • “I can watch Us, just like I watched Get Out, and learn what I’m trying to say to myself,” he says. “You never make a film and know what you were doing entirely.”
  • Peele says that, in Hollywood, “the presumption used to be that a successful story is about someone who looks and feels like the audience. With the majority population being white, why would you make a movie with a protagonist of a different race than where your money is? It was a failure of imagination. Black people always saw white movies—because we had to! But also because when a story works, you see yourself in it no matter who you are.”
knudsenlu

Eisenhower vs. Warren: The Battle Over Brown - The Atlantic - 0 views

  • t a White House stag dinner in February 1954, President Dwight Eisenhower shocked the new chief justice of the United States. Earl Warren was Eisenhower’s first appointment to the Supreme Court and had been sworn in just four months earlier. Only two months into his tenure, Warren had presided over oral arguments in the blockbuster school-segregation case Brown v. Board of Education. As of the dinner, the case was still under advisement. Yet Eisenhower seated Warren near one of the attorneys who had argued the case for the southern states, John W. Davis, and went out of his way to praise Davis as a great man. That alone would have made for an awkward evening. What happened next made it fateful. Over coffee, Eisenhower took Warren by the arm and asked him to consider the perspective of white parents in the Deep South. “These are not bad people,” the president said. “All they are concerned about is to see that their sweet little girls are not required to sit in school alongside some big black bucks.”
  • Warren had been a prosecutor and a governor, and was no choirboy; he had heard bigoted language before. Yet as the chief justice, he embodied the impartiality of the entire federal judiciary. He was a man who believed in fairness and dignity. The president’s words had shaken him.
  • When the Court ruled on the remedies phase of Brown in 1955, a decision known as Brown II, the president was even less voluble. He said nothing about the Court’s delegation of supervisory duties to the district courts, or its famous directive that school districts should begin to desegregate “with all deliberate speed.” The following year, Eisenhower personally rewrote the Republican platform to read that the party “accepts” the original Brown decision, rather than “concurs” with it.
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  • If the stag dinner upended relations between Warren and Eisenhower, the Brown decision three months later ruptured those relations permanently. The Court decided the case on May 17, 1954, declaring that segregation in public schools was unconstitutional.
  • William I. Hitchcock quotes the only African American on Eisenhower’s executive staff, E. Frederic Morrow, who reported with despair the broad sentiment that the administration “has completely abandoned the Negro in the South.”
  • Warren’s role in the Brown decision is one of the great acts of American statesmanship. The popular California governor joined the Supreme Court at a moment of crisis. Brown had been argued once already, in 1952, but the justices had been divided and uncertain how to proceed.
  • Eisenhower sang a loud and bitter tune about his chief justice. At one point Eisenhower even had to sheepishly apologize to Warren for press reports that had picked up his bad-mouthing. In an excellent chapter, Simon shows that Eisenhower’s regret may have had as much to do with communism as with race.
  • Brown prompted a mighty backlash, but to Warren the decision was the constitutional tradition at work. He wrote that legal principles “should not be compromised and parceled out a little in one case, a little more in another, until eventually someone receives the full benefit.” More than 60 years after Brown, the full benefit remains elusive. If Warren and Eisenhower were alive today, they might ask not whether the Court went too far, but whether it failed to go far enough.
Javier E

Why Pfizer didn't report that its rheumatoid arthritis medication might prevent Alzheim... - 0 views

  • “I’m frustrated myself really by the whole thing,’’ said Clive Holmes, a professor of biological psychiatry at the University of Southampton in Great Britain who has received past support from Pfizer for Enbrel research in Alzheimer’s, a separate 2015 trial in 41 patients that proved inconclusive.
  • He said Pfizer and other companies do not want to invest heavily in further research only to have their markets undermined by generic competition. “Someone can pop up and say, ‘Look, I’ve got a me-too drug here,’ ’’ Holmes said, referring to the advent of generic versions of Enbrel. “I think that is what this is all about.’’
  • Drug companies often are criticized for extending the patent life of a drug — and winning new profits — by merely tweaking a drug’s molecule or changing the method of delivery into the body. But it is a “heavy lift’’ for a company to win regulatory approval to use a drug for a completely different disease, said Robert I. Field, a professor of law and health care management at Drexel University.
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  • “Our patent laws do not provide the appropriate incentives,’’ Field said. Drug therapy for early Alzheimer’s “would be a godsend for American patients, so we should be doing everything we can as a country to encourage development of treatments. It’s frustrating that there may be a missed opportunity.’’
  • Wagering money on a clinical trial of Enbrel for an entirely different disease, especially when Pfizer had doubts about the validity of its internal analysis, made little business sense, said a former Pfizer executive who was aware of the internal debate and spoke on the condition of anonymity to discuss internal Pfizer matters.
  • “It probably was high risk, very costly, very long term drug development that was off-strategy,’’ the former executive said.
  • “I think the financial case is they won’t be making any money off of it,’’ the second former executive said.
  • Drug companies frequently have been pilloried for not fully disclosing negative side effects of their drugs. What happens when the opposite is the case? What obligation does a company have to spread potentially beneficial information about a drug, especially when the benefits in question could improve the outlook for treating Alzheimer’s, a disease that afflicts at least 500,000 new patients per year?
  • A medical ethics expert argued that Pfizer has a responsibility to publicize positive findings, although it is not as strong as an imperative to disclose negative findings.
malonema1

Lewandowski to testify over alleged Russia election meddling | New York Post - 0 views

  • President Trump’s former campaign manager Corey Lewandowski revealed on Sunday that he is expected to appear this week before a House panel probing Russian involvement in the 2016 election.
  • Bannon got into hot water with Trump over startling comments he made about the president and his family in Michael Wolff’s blockbuster tell-all – “Fire and Fury: Inside the Trump White House.”
  • Lewandowski, who left the campaign in June 2016, said he hasn’t yet been contacted by special counsel Robert Mueller, who’s also investigating Moscow meddling and whether there was any collusion with the Trump campaign.
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  • ​”There’s no question to me, that if he were to sit down and tell that team exactly what took place, and I was there for it, they will come to the same conclusion that everybody else has already come to, which is there is no collusion​,​”​ Lewandowski said.​
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