A Blog by Jonathan Low

 

Aug 8, 2015

Should Clinical Pharma Trial Data Be Made Public?

Sunlight has a generally positive impact on everything, but especially when it comes to data.  JL

The Financial Times comments:

The proportion of trials that remains unpublished is hard to estimate but may be as much as half. Negative results are naturally less likely to be published than positive ones — skewing the whole evidence base underlying medical practice.

Technology Is Driving Amazon Delivery Times To Near Zero

The nature of 'on-demand' is becoming more urgent and insistent. In-home 3D manufacturing may be one answer. JL

Dominic Basulto reports in the Washington Post:

If you're truly going to get to zero delivery time, you've got to go even further than that. You have to make it possible for customers to have access to products on demand. What if large retailers such as Amazon begin to 3-D print products on demand for consumers, literally letting consumers have access to products the moment they want to order them?

That 'Useless' Liberal Arts Degree Has Become Tech's Hottest Hiring Ticket

Machines can be taught to use tools. Imaginative human beings creatively applying their knowledge provide the real value: interpretation, meaning and purpose. JL

George Anders reports in Forbes:

Throughout the major U.S. tech hubs, whether Silicon Valley or Seattle, Boston or Austin, Tex., software companies are discovering that liberal arts thinking makes them stronger. "Creativity can't be programmed."

Aug 7, 2015

Hedge Funds Tell Puerto Rico To Close Schools and Lay Off Teachers In Order To Pay Debt

Well they would, of course.JL

Rupert Neate reports in The Guardian:

Report commissioned by 34 hedge funds says government had been ‘massively overspending on education’ despite spending only 79% of US average per pupil.

Mutually Assured Content

The word 'content' used to imply something meaningful, maybe even fulfilling. But we have now achieved the seemingly impossible: content-free content. JL 

John Herman comments in The Awl:

Show me a large media company working online, and I’ll show you a large media company that is already trying as hard as it can to publish to “some combination” of channels, either intentionally, as a plan, or just because, in each instance, the post that contains more—or all—of the story it refers to seems like it will share better.

Harvard MBAs Have Had It With Banking

Uh, oh. Which once respectable industry is going to get trashed now?

Portia Crowe reports in Business Insider:

Of the 46 students in the top 5% of the class, only one expressed an interest in banking.

The Competing Financial and Ethical Challenges of Search

Ultimately, consumers will go where they perceive they are getting the best results - which is why favoring your own interests is a challenge for providers. JL

Joshua Gans comments in Digitopoly:

Even if it’s fine from an antitrust perspective, for a brand built on neutrality, are the returns to favoring your own verticals really worth it?

Tesla Model S Is Hacked - But There's Already a Patch

The only thing certain is that hackers will keep trying. JL

Kim Zetter reports in Wired:

Researchers have found that they could plug their laptop into a network cable behind a Model S’ driver’s-side dashboard, start the car with a software command, and drive it. They could also plant a remote-access Trojan on the Model S’ network while they had physical access, then later remotely cut its engine while someone else was driving.

How the Press Fell in Love With Jon Stewart's Daily Show

Jon Stewart's irreverence and honesty reflected the ethos of the digital age. Never underestimate the resentment of corporatized strictures on telling it like it is - or the demand for a good sense of humor. JL

Brian Unger comments in Slate:

The more the show rubbed the media’s nose in their crap, so to speak, the more of a darling the show seemed to become.

Aug 5, 2015

The FCC Has Already Gotten 2000 Net neutrality Complaints

Just wait till consumers get revved up. JL

Jon Brodkin reports in ars technica:

 The FCC's reclassification of broadband providers as common carriers allows customers to complain that general business practices are “unjust” or “unreasonable," making it a judgment call as to whether many of the early complaints are really violations.

Who Is Your IT Firm Outsourcing To?

You get what you pay for.JL

Robert Cringeley comments in his blog:

The driving force behind outsourcing and offshoring is to find the cheapest IT talent on the planet. The people hired to do this work usually do not have a college education. They are young and have no experience. They are paid $7 to $15 an hour. The background and qualification checks are superficial at best

How Driverless Cars Could Turn Parking Lots into City Parks

Time to short asphalt? JL

Peter Wayner reports in The Atlantic:

A huge amount of urban traffic comes from cars circling for available parking. Robot fleets could change all that.

Stock Price Plummeting, Twitter May Be on the Block - But Google Is Unlikely To Be Its Savior

Google creates problems for others, it isn't in the business of fixing them. JL

Mark Bergen reports in re/code:

Twitter does not crack the type of mammoth, earth-shattering problems Page thinks Google should take on, according to multiple people familiar with the CEO’s thinking.

Aug 4, 2015

Is CEO Pay Out Of Line With Free Markets?

Why is there so much emphasis on accuracy and efficiency in virtually every other aspect of management performance? JL

Will Deener comments in the Dallas Morning News:

“Questioning pay for performance is like questioning gravity.
It’s hard to conceive that it might be steering us in the wrong direction.”

Microsoft Invests in Uber

If you can no longer create value yourself, you might as well use your assets to help others do so. JL

Mike Isaac and Nick Wingfield report in the New York Times:

Uber recently acquired a portion of Microsoft’s mapping-technology assets and extended employment offers to more than 100 Microsoft employees.

Apple and Google Know What You Before You Do - And Are Expected to Make It Happen

It's no longer about connectivity, it is about certainty. Investors are convinced that the net gives internet service providers the ability to make things happen economically - and expect them to do so. JL

Daisuke Wakabayaki and Alistair Barr report in the Wall Street Journal:

Both companies hope the new features will keep their users loyal and lock them into related services that make money. For Apple, that means more returning customers for its iPhones. For Google, it means more engaged users for its advertisers.

Aug 3, 2015

The Uneccessary Conflict Between Technology and Public Policy

The decision to make them complementary or adversarial is a choice, not an imperative. JL

Kim-Mai Cutler reports in Tech Crunch:

These conflicts aren’t necessarily about what Uber or Airbnb are today. They are about what these companies are under pressure to become. In San Francisco, Lyft and Uber don’t share data with the city that would help it understand whether trips are merely substituting for MUNI or BART rides. Airbnb also doesn’t share data with the city. Because of this, the regulatory process devolves into a game of brinksmanship

Aug 2, 2015

Apple, BMW Discuss Collaboration

For competitors in tech and automotive, the co-brand from hell. JL

Edward Taylor and Julia Love report in Reuters:

"We need to get away from the idea that it will be either us or them ... We cannot offer clients the perfect experience without help from one of these technology companies,"

Myths About Millennials

Every generation is forced to endure mythical generalizations about its proclivities and weaknesses - which are usually considered correlative. Technology has simply sped and broadened the process - as it has everything else. JL

The Economist reports:

Businesses should beware of dubious generalisations about younger workers

The Health Cost of Upward Mobility

Every human endeavor has a cost. The question is whether the objective gained is worth it. JL

James Hamblin reports in The Atlantic:

“What we're finding, is that there seems to be a cost to self-control and/or to the successes that it enables.”

What It Feels Like To Go Viral

You thought, perhaps, that it was all good? JL

Rick Paulas comments in Pacific Standard:

“Content going viral is overwhelming, intimidating, exciting, and downright scary. Work going viral is certainly an ego boost but it also opens the door to a whole lot of crazy. People tend to write without having read the entire piece in question or only the headline.Rarely are they legitimately engaging. There's a reason we call it going viral. It's not really a compliment.”

Google Rejects French Demand for Global Right To Be Forgotten

Currently, the Right To Be Forgotten only applies to European search engines since Europeans seem the most desirous of being forgotten. France is now demanding that all global search engines be included and Google has rejected that definition.

 It is hard to imagine any legitimate human interest served by the French demand. JL

Paul Sawers comments in Venture Beat:

Google and other search engines have worked through millions of requests in the 14 months since, the ruling has only applied to European versions of the search engine, not Google.com, Google.ca, and so on.

Startups Scramble To Define Employee

The sharing economy has morphed - or deconstructed-  into the on-demand economy more questions are raised about the key to the real nature of its financial and operational advantage.

But if, as appears likely, companies that used the lower wages and benefits derived from skirting regulatory oversight and almost a century of workforce protections are forced to adhere to them, their competitive status will be further eroded, forcing them to acknowledge that they are just another low-wage dead-end with a thin technological overlay.

The good news, for those who believe this has been a revolutionary development, is that there is a history in tech of  successful enterprises claiming protection and then moving out from under it when those negatively impacted by it demand that they play by the same rules. Amazon comes to mind. JL

Greg Bensinger reports in the Wall Street Journal:

“Many of these companies operate on very thin margins—not all can absorb the hit of having to switch to an employee workforce. There is a real regulatory risk here, which we have to weigh, that some of these companies could owe millions in back wages and taxes.”