economics

  • "This is an era of networked wealth, going to scale, first mover advantage, positive feedback loops, virtuous cycles, high concentration, and high disparity. These are some of the intolerable conditions of the time we call (with subversive hope) Late Capitalism." [via anil]
  • "[Technical separation] lets the trolls and the normal society stay safe, but it also prevents those two from ever running into each other, from ever having that chance to understand each other. I don’t know how to let the trolls and straights run into each other in a productive way, but it’s one more thing we should think about."
  • Tim O'Reilly reflects on his successes and failures in building a sustainable business. "While our ideals are what define us, combining those ideals with a results-oriented business culture is how we have continued to thrive." [via anil]
  • "Remix culture is the new Prohibition, with massive media companies as the lone voices calling for temperance. You can criminalize commonplace activities from law-abiding people, but eventually, something has to give."
  • "Like a service? Make them charge you or show you ads. If they won't do it, clone them and do it yourself. Soon you'll be the only game in town!" This is both absolutely true and heartbreaking.
  • "And we hate the rich? Come on. Success is the national religion, and almost everyone is a believer. Americans love winners.  But that's just the problem. These guys on Wall Street are not winning – they're cheating. And as much as we love the self-made success story, we hate the cheater that much more." Linked everywhere for good reason--this is an excellent take on the occupy wall street movement.
  • Chart: the top 1 percent has been doing ok for themselves for the past few years.
  • Hollywood should not control DNS. I can't believe I even had to write that sentence.
  • "My process of interviewing people is I do not interview people," said the cheerful Hustwit. "I'm trying to get them to forget that they're being interviewed." Also, signs of increased interactivity: "Are you a robot?" [via glass]
  • In a perfect world their jobs would depend on their accuracy rather than their ability to produce entertaining content. [via long now]
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