Posts filed under “Web/Tech”

The 21st Century

INFORMATION OVERLOAD

The twentieth century was all about scarcity, making it to the top and then dominating. Today there’s so much information that you feel inadequate. It’s an endless buffet that never closes where you find yourself unable to resist taking one more bite, yet still believe there’s something you don’t know. Distribution used to raise certain elements above, if it was in the paper, if it was on TV, it was important. Now it just has to be on the Internet, and anybody and anything can be on the Internet.

INADEQUACY

Used to be you only had to compare yourself to the people in your neighborhood, you drove a Chevy, they piloted a Cadillac. Today you compare yourself to everybody in the world. There were always princes, always oligarchs, but now you know their names and want some of what they’ve got. Even worse is those people with the Cadillacs… Now you can peer into their lives via Facebook and other social media. The somewhat rich flaunt it and you sit at home snickering that you haven’t got it.

VENERATION OF YOUTH

We see their slim, perky bodies everywhere and they seem to be the only people who can figure out the new technology, and they’re always on to something new, whether it be Instagram or Snapchat or… You may wear skinny jeans and diet yourself down to nothing, but deep inside you feel that you’re missing out, that you don’t know what’s really going on.

AMPING UP OF PUBLICITY

Since it’s so much harder to reach people with your sales pitch, those with money marketing products employ a scorched-earth publicity juggernaut that has you believing stars are your best friends, that they come over to your house for dinner. But only for a week or two. After that they disappear, and you feel triumphant, that they’re nobody and you’re somebody, after all, you’re still here.

EMPOWERMENT OF THE PROLETARIAT

Everyone now has a voice. Jimmy Kimmel even has stars reading negative tweets. That’s the new American pastime, not being famous for a season on reality TV, but bashing the opinion and fame of those who’ve risen their heads above. If you think these naysayers should get a life, you’re missing the point, this is their life, protesting against the injustices done to them, bringing everybody down to their level.

PERSONAL BRANDING

In the money culture, everybody’s selling. They’re establishing their brand from middle school, if not before. Everything’s on the permanent record and you’re either on the right track or not. And if you don’t have something to sell, you’ll never be a successful entrepreneur, the number one aspiration. Yes, in a nation where the corporation does not care about you, and most people have numerous jobs in their lives, the key is to work for yourself and make millions.

INSTANT ACCESS

If your product doesn’t fit this paradigm, you’re destined for the scrapheap, you’re being ripped-off, if your product is desirable. Everybody expects what they want when they want it. It’s not only intellectual property, but goods. Amazon, et al, are now delivering on the same day. To fight this expectation is to be delusional. Movie windows will collapse.

DIGGING DEEP

Everybody’s an expert on something, if only a TV series. Now you can sit at home on a weekend and devour the entire history of a production and go to work and pontificate on Walter White. In a virtual world, where products are fluid, it’s not about what you have but what you know.

INFORMATION ACCESS

Everything’s at your fingertips online. LTE has given most people instant access to information. So if you’re uninformed, you’re going to be busted.

MONEY CULTURE

It’s the number one aspiration. Religion is down, the arts supposedly self-satisfy, but the truth is everyone is pursuing money. The Ivy Leaguers go into finance, anyone with money or who desires some is conversant with the stock market, and if you’ve got money, you’ve won, no one can say a bad thing about you. Going public is the new record release. Not only is there a big initial splash, as well a run-up thereto, unlike with most music there’s an afterlife, as people see whether the stock goes up or down. If a company makes money, it doesn’t matter what their product is, what other indicators say, in the eyes of the press and the public they’re winners!

POLITICS IS A PROFESSION

Something we’re all aware of but most don’t pay much heed to. We’re aware of the game, but we believe we’re outsiders, that we’ve got no power. We can’t tell Mark Zuckerberg what to do, and we can’t tell our Congressman either, someone else much richer and more powerful has their ear.

EDUCATION IS PREPARATION

Knowledge for itself is pooh-poohed, other than at the most elite institutions, where the liberal arts are vaunted but everybody’s an entrepreneur making money while studying. Traditional culture, whether it be the symphony or the opera or…is dying because no one studies it, it’s not seen as relevant or important. America is all business, all of the time.

DUMBNESS

The irony is in an information culture, great swaths of the public have no idea how the game is played. They know who is famous and rich, but they’ve got no idea how they got there. And those who are famous and rich realize this, and like this. It keeps the dumb from rising above, and also has them continuing to consume their b.s.

POWERLESSNESS

You read about Rupert Murdoch wanting to buy Time Warner but all you know is your cable bill keeps going up and there’s nothing you can do about it.

CAMERAS ARE EVERYWHERE

Only dumb people commit traditional crime. Because afterwards the government/establishment pulls up the tape/images, and you’re caught. The only burgeoning crime is white collar crime, which is about flaunting the rules, working the margins, and then hiring attorneys better than the government employs to either get off or pay a fine less than your winnings.

TRANSPORTATION IS A COMMODITY

Cars work. You can buy a better one, but it’s mostly about status. And if you haven’t sat next to someone in flip-flops on a plane, you haven’t flown.

IT’S ABOUT TODAY, NOT TOMORROW

Global warming, infrastructure replacement, that’s someone else’s problem.

RIGHT WING FINANCIALS

The right wing dominates the financial conversation. Such that most people believe the government wastes money, so it should be given less.

LEFT WING SOCIAL VALUES

We have a black President, gay marriage and legal pot, all of which were unfathomable in the last century. The truth is children may worship money, but they’ve disconnected from their parents’ social values. Furthermore, in the information society, that which gets traction can become a tsunami overnight. So when you say something just can’t happen, you’re probably wrong.

LUDDITES

Society is moving so fast and it’s so confusing that everyone aware in the last century laments the loss of what they once knew in the twenty first century. But the truth is modern life is confusing, even the young people don’t have a handle on it. Best to dive in and surf, because the past is never coming back.

INSTANT FAME

PSY, the Malaysian air crash. The Internet culture has everybody knowing something almost instantaneously. Everyone knows “Gangnam Style” and everyone knows about international crises, because they’re unavoidable when you load your browser.

IT’S HARD TO STAY

Sure, you can go viral and have instant fame, but publicity is grist for the mill, if it’s what’s propping up your enterprise, you’re gonna fade. Which is why the music business is in trouble. It’s using a today model, i.e. overwhelming instant publicity, to try and prop up a business that’s always been about tomorrow/the long term. But the long term doesn’t square with a number one world where the executive gets paid for short term results.

CORPORATIONS ARE GODS

Not only does the Supreme Court say they’re people, they’re the only ones with enough money to make you instantly known and/or rich. So no one criticizes Samsung, they just try to get ahold of part of its advertising budget.

IF IT PAYS, IT STAYS

Unless you’re an axe murderer and everybody knows it, I’ll play your private party if you pay me enough.

FAME IS NOT ABOUT SUBSTANCE

Paris Hilton invented the paradigm, Kim Kardashian perfected it. It’s about being famous and making money therefrom. If Kim Kardashian stopped trumpeting how much money she made from her shenanigans, no one would pay attention.

FASHION IS PERSONAL BRANDING

Clothes are not protection from the elements, but a way to define yourself in society. As are piercings and tattoos. You cannot become a successful entrepreneur, you cannot get laid, unless you’re unique. Didn’t Mark Zuckerberg always wear a hoodie?

TECHNOLOGY IS THE NEW SPORTS

Sure, people can testify about the Yankees or the Patriots, but the truth is more people know about and are aware of mobile devices and technological innovations. Apple has a product rollout on Tuesday September 9th, do you even know when the Super Bowl is being played? The opening date of the NFL season?

EXPERIENCES TRUMP POSSESSIONS

Where you’ve been and what you’ve done is more important than what you own.

EVERYONE’S GOT A SECRET PLAN TO BE RICH

It may be delusional, they may be too afraid to enact it, but they’ve got it. Just get them juiced up and talking late at night.

SOCIAL IS EVERYTHING

The loner is anathema. And the loner is history. The loner connects with other loners online. But most people are social. Not only on their devices but in real life. Oldsters go to the show to see what’s on stage, youngsters go to hang out with other youngsters.

ACCESS TO SELLERS

If you bought it, you expect to be able to e-mail and tweet to those who sold it to you. If you’re complaining and no one is responding, you feel like it’s an international crisis.

MOST STUFF WORKS

Power windows broke in the last century, if something breaks now you’re stunned, and just go out and buy a new one because most goods are cheap and no one knows how to fix anything anymore.

MOBILE IS EVERYTHING

You expect to be able to take all your data with you everywhere you go, and your data is your most prized possession. If you’re purveying and you don’t have a mobile strategy, you’re screwed.

INSTANT ACCESS TO FRIENDS

There’s no such thing as a busy signal. We expect to be able to reach everybody right away.

TRAGEDIES/DISASTERS

They’re happening all the time, whether they be tornadoes or wars, but they’re happening to someone else. We live in a myopic world where it’s everybody for himself, baby.

~~~


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Category: Think Tank, Web/Tech

Digital Presence

1. DIGITAL HOME A. Wikipedia Your goal is to be big enough to have a Wikipedia page. It’s the first place newbies go to learn about you. It’s got the imprimatur of authority, people believe what they read, however inaccurate the details may be. We live in an information age and what we want most…Read More

Category: Think Tank, Web/Tech

John Oliver’s HBO Program is Astoundingly Viral

Fix the teeth, make it shorter and lie about your age. Is John Oliver breaking all the rules or is the truth there are no rules to begin with? What we know is you’ve go to appeal to the younger generation, oldsters don’t switch products, advertisers are not interested, if you’re not shooting for tweens…Read More

Category: Television, Web/Tech

Jeff Gundlach: Full Podcast, Now Online

This past weekend was the inaugural show of Masters in Business. Its a new Bloomberg radio show (read how it came about here).

The first show was an interview with Jeff Gundlach, who has become one of the bond market’s most influential and savvy investors. His firm, Double Line Capital, manages about $50 billion.

Over the weekend, the stream of the one hour radio show was posted to Soundcloud.

The full & uncut Interview with Jeff Gundlach is now available. Its  about double the length of the radio show. It includes:

• Short intro/explanation of what the show is;

• Full one hour radio interview (Its commercial-free and clocks in at 36 minutes)

• Full half hour podcast.

All told, its over an hour (1:09) of great Gundlachian content. I am very pleased with how this came out!

You can download the entire thing here (click, then scroll down, then right click “Download this link”).

Play full Radio + Podcast here:

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

 

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Category: Fixed Income/Interest Rates, Podcast, Web/Tech

How the Military Manipulates the Web

Eglin Air Force Base Busted Gaming Reddit The Pentagon and spy agencies have been busted manipulating the Internet – including social media – in order to promote false propaganda and to stifle dissenting information. Earlier today, newly-released Snowden docs showed that British spies manipulate polls, website popularity and pageview counts, censor videos they don’t like and…Read More

Category: Think Tank, War/Defense, Web/Tech

Google Search Volume by Language

click for interactive graphic Source: AppSpot

Category: Data Analysis, Digital Media, Web/Tech

Tweets of the Week: 6.20.14

Markets/Investing Invisible Hand of The Fee Market in action Estimated number of funds launched/liquidated from 1996 to Q1 2014 (not a fun time to be in the hedge fund business). pic.twitter.com/byhipvmsdu — Vconomics (@Vconomics) June 20, 2014 Oil = $107 Crude-oil prices are near $107 a barrel after militants attacked Iraq's biggest oil refinery: http://t.co/iSz6aNZqVf…Read More

Category: Digital Media, Web/Tech

Paint By Numbers: RoboAdvisors

From I ❤ Wall Street:   They say art is in the eye of the beholder so I want to get your take on something I painted in my studio today. I think it’s pretty good, way better than the macaroni art I made last week. The subjects of this picture are three firms using…Read More

Category: Investing, Think Tank, Web/Tech

No, Those Are Not Millions of Unsold Cars Rusting Away

This week, an e-mail landed in my inbox with the header “Unsold Cars.” Above is just a few of the thousands upon thousands of unsold cars at Sheerness, United Kingdom. Please do see this on Google Maps….type in Sheerness, United Kingdom. Look to the west coast, below River Thames next to River Medway. Left of…Read More

Category: Consumer Spending, Data Analysis, Really, really bad calls, Web/Tech

Very cool way to track public transit in real time

Source: Travic     Continues here

Category: Digital Media, Travel, Web/Tech