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First-quarter GDP growth estimate revised up, but it's still negative
From a +0.2% estimate to -0.7% and now to -0.2%. These aren't trivial swings in estimation.
Show notes - Brian Gongol Show on WHO Radio - June 28, 2015
Show notes - WHO Radio Wise Guys - June 27, 2015
Supreme Court rules in favor of same-sex marriage rights nationwide
One of the great beauties of our judicial system is that the majority and the dissenters are accountable for putting their decisions in writing. This is vastly to the credit of the nation. In fact, how about a Constitutional amendment requiring every elected official to write 200 words a day for public review (with no assistance permitted)? There may be no faster way to expose idiots, demagogues, and empty suits.
China and Russia aren't just cyber-attacking the United States
"[C]yber espionage is combined with human espionage to research targets and work out whom to approach and how"
5,000 child refugees from North Africa have gone missing in Europe
This is an enormous human disaster -- these are children, and some of the will undoubtedly become victims of exploitation
Bill Gates thinks Uber will get to self-driving cars first
The people who will push hardest for innovation are the ones who have the most to gain. In the case of self-driving cars, Uber has a lot of potential upside to gain. But trucking companies have an enormous amount to gain, as do suppliers who want to reach the very large potential consumer markets including groups like outside salespeople and the elderly.
European tourists killed in Tunisian terrorist attack
The problem of baseline error
The New York Times notes: "Since Sept. 11, 2001, nearly twice as many people have been killed by white supremacists, antigovernment fanatics and other non-Muslim extremists than by radical Muslims". It is depressing and it is sad. And it's important to public policy that we recognize the baseline error that creeps into our thinking on the subject. "Lone-wolf" extremism of the type described fades in the public's attention because it has become familiar. It's not common, really, but it's been around for a long time -- since at least the 1960s, when white male killers murdered President Kennedy, Martin Luther King, and 15 people on the University of Texas campus. It is sad but true that we have established a baseline expectation for those kinds of killers in our collective attention. Consequently, when a new type of killer emerges (like the kinds who attacked America on 9/11), they get a disproportionate share of attention because they are new and novel. Our baseline expectation for those killings starts at zero, so we pay attention when something causes the number to rise above zero. This baseline error has serious consequences for public policy-making; we shouldn't address problems in proportion to how novel they are, but in proportion to their consequences and what we can do to prevent them.
Cartels like to protect their advantages
French taxi drivers protest the rise of ride-sharing services like Uber by blockading the streets
Samsung, you're not helping
Samsung appears to be disabling automatic Windows updates on some new laptops
Yahoo aims for answers-first search results
On mobile search, Yahoo says "rather than delivering endless links for you to sift through on a small screen, we beautifully assemble the most relevant information in a way that allows you to take action right away". Since its earliest days as a web index (rather than a search engine), Yahoo has always taken a different approach to delivering information. Whether they can use computer-generated results to deliver a curated-style experience that can beat out Google Now and Siri is theirs to prove.
Amazon "Echo" drops in about three weeks
Coming July 16th: A product that is combination stereo speaker, Siri, and cloud-computing device. But will people really embrace a product that's always listening?
OPM breach probably affects 18 million Federal employees
It's a huge breach of security, and nobody wants the hot potato to fix it
Google puts an "unsend" button on Gmail
Some may find it useful, but it won't stop every regret
"Connect Every Acre" legislation becomes law
Iowa's effort to get broadband everywhere
ISIS/ISIL/QSIL/Daesh begins minting coinage
Another trapping of statehood
Emojis are the hot thing of the moment
But that's only going to continue for a while -- they aren't clear enough to remain durable
Retailers drop the Confederate flag
In many ways, the retail-level decision-making is actually much more important culturally than anything done at the legal level. If Amazon.com and Walmart decide that something is too toxic to sell, then they're literally putting their money at risk in making the decision.
Durable goods orders have dropped in three of the last four months
That paints a highly worrying picture of the economy
Ben Bernanke agrees: Kick Jackson off the twenty
Leave Alexander Hamilton in his place on the $10 bill
Google's health-tracking wristband
Big deal? Maybe. Too much privacy encroachment for some? For sure.
IBM's "Chef Watson" goes to a more public stage
As of today, it moves to a public Facebook group and more open access
American business should prepare itself for a congestion crisis
Supply chains that break down can spell death to businesses
Take down the Confederate flag from South Carolina state grounds
Don't let your domain names expire
They're cheap. Once you reserve a name, you'd better be committed to holding on.
Supreme Court decides in favor of the small farmer who wants out from the raisin cartel
Pebble Time now open for pre-orders
On the malappropriation of Native American identity
While many are guilty of adopting the superficial trappings without any deeper understanding (fetishizing things like feathered headdress without any real engagement with American Indian culture), there's also the complex and curious case of those who are descended from First Nations but who were culturally cut off from their heritage by aggressive tactics of assimilation.
Microsoft's upcoming Edge browser should be much improved
Standards have won at last
China had a year of unfettered access to OPM database
Everyone seems to have an excuse -- antiquated computers, slow procurement policies, and the like. The time for decisive action is long overdue.
EU plans to hold websites responsible for what users post
FCC says carriers can block robocalls
Just wait -- this only means more awful calls from spoofed numbers
FCC wants to fine AT&T $100 million for lack of transparency on "unlimited" data plans
The carrier says it has to throttle back customers who are responsible for the heaviest use; the FCC says the problem is that can't really be called "unlimited"
The OPM data breach was a full-blown catastrophy
What makes a place attractive to data centers
Strip Andrew Jackson from the $20 and leave Alexander Hamilton prominent on the $10
The plan to put a female figure on the $10 bill (in addition to Hamilton) would be much better-executed by stripping Jackson from the $20. The $20 is a more widely-used bill, so it would put the female figure in wider circulation, and Jackson is a poor representative of the virtues we espouse today (among other things, he was a slave owner and authorized the Indian Removal Act of 1830). Jackson deserves no exalted place in history or on our currency.
The nation is fortunate to have Paul Ryan in Congress
Ello gets an iOS app
Samsung Galaxy phones can be hijacked
600 million phones are at risk
Clean up after yourselves
Protest and free speech are one thing; leaving behind a mess for other people to clean up is quite another
North Korea says it's having the worst drought in a century
A nation that lives without creating surplus won't do well in times of shortage
California wants Uber drivers to count as employees, not contractors
That's a direct hit to the company's central business model
Former Nokia CEO is leaving Microsoft
He led the sale of the company to Microsoft, and about a year later, he's out
Why we should assume Russia and China both have the Snowden documents
It might not even require that they have the documents Snowden himself captured -- they may very well have been inside the systems already
More nuclear saber-rattling
This nonsense should have ended with the Cold War
Automation to enable fresh groceries in underserved neighborhoods
Automation reduces the cost of delivery and might ultimately make fresh groceries economical (and profitable) to sell in low-income neighborhoods. A robogrocery looks like a very smart application of technology to solve a human problem.
OPEC has no apparent plans to cut back on oil production
When a cartel can't enforce enough production discipline to create an effective price control, nobody should be surprised when everyone instead goes all-out to produce like mad
Reagan was packing heat
He carried a gun in a briefcase as President. Maybe he knew they were going to make "Air Force One" and was practicing for his own role.
UI Hospitals takes small steps toward protecting patients
Too many have taken their own lives simply by jumping off the parking ramps. A sad illustration of our woefully inadequate care for mental wellness.
Cold War v2.0
Heavy weapons are headed to Europe, and who could blame us for sending them?
United leaves passengers in Canadian barracks when plane breaks down
A real disaster for customer serice; a real credit to Canadian hospitality
Chicago hockey legend won't enjoy the Blackhawks victory
Whether his dementia is the result of game-related traumatic brain injury or not, it's sad to see people like Stan Mikita lose the capacity to use their minds as in their youth. More research is decidedly needed.
SpaceX opens competition to college students to design Hyperloop pods
They're building a test track and eventually want to see the technology commercialized for 700 mph transportation in a tube
"Why I defaulted on my student loans"
A writer who is at least in his mid-50s and who has published five books thinks it isn't his job to pay his student loans. And he "is writing a memoir about money", according to his New York Times biography. This is not an individual who has anything constructive to add to the discussion about student loans. He's simply taking pride in his own irresponsibility.
Fiat Chrysler really, really wants another merger
A good example of the needless waste of human potential in American corrections
Marriott will launch Netflix access in 100 hotels by year-end
Hotel guests' tastes have changed; one wonders why this has taken so long
A collection of productivity tools
Finland's economic situation -- not so grand
Those who have fallen all over themselves for a long time to praise the Nordic social economies might want to reconsider. There are certain specific circumstances under which a strongly socialized economy can be sustained, but when important elements go missing, the system falls apart.
Those who have fallen all over themselves for a long time to praise the Nordic social economies might want to reconsider. There are certain specific circumstances under which a strongly socialized economy can be sustained, but when important elements go missing, the system falls apart.
Show notes - Brian Gongol Show on WHO Radio - June 14, 2015
Some interesting insights on US household net worth
Under authoritarianism, everyone's time runs out sooner or later
A former security chief is going to prison for the rest of his life. Never be surprised when there's a purge under an authoritarian regime.
A former security chief is going to prison for the rest of his life. Never be surprised when there's a purge under an authoritarian regime.
Are skyscraper architects just getting high together?
The silly-looking proposal for Two World Trade Center really begs the question whether skyscraper architects are even serious anymore
Twitter is eliminating its character limit on direct messages
They're going from 140 characters to 10,000 (which is effectively unlimited, for all intents and purposes). This positions them to potentially provide a sort of trusted alternative to email.
Show notes - WHO Radio Wise Guys - June 13, 2015
Generation X gets the worst of things when it comes to money
Bad luck hasn't done much to help them
Someone needs to start thinking hard about what happens if ISIS/ISIL/QSIL/Daesh manages to permanentize as a state
No sensible person wants it to happen, but what's the roadmap to keep it from happening? Nobody seems to know, and that's a big problem. And what happens if they manage to make it permanent?
A commercial-scale hydroponic garden is working in Omaha
Right in the middle of the Midwest, someone is working on a precursor to vertical farming. That might suggest that the future of vertical farming is much more likely than it may at first appear.
China's military is growing
We don't have to be allies and we don't have to be rivals, but we shouldn't ignore where they're investing heavily
NBA and Nike: A $1 billion, 8-year deal
Adidas is walking away from its relationship with the league in 2017
100,000 people have crossed the Mediterranean to escape Libya
Has the US really lost a decade's worth of economic growth?
Snoop Dogg sues Pabst
He claims breach of contract over the sale of the Colt 45 line
Whatever happened to rotating restaurants on big hotels?
Satellite imagery showed the NWS that the Lake City tornado track was different from initial impressions
The oddities of May weather
It was the wettest May on record for a not-unsubstantial portion of the US
GE is speed-racing out of the financial-services market
Getting back to manufacturing, in part because of the pain caused to the company back in 2008/2009. But de-conglomeratizing isn't always a great idea. If your company is run by people who are really good at allocating capital, then it's highly efficient to be in lots of different businesses that have different economic cycles, so the capital-allocators can take advantage of good opportunities when they arise.
Is Apple Music the main "big deal" out of Apple's latest conference?
$10 a month to stream. Supposedly they'll have some channels that will be "curated" by people, rather than picked by algorithm.
Why it's unpleasant to be the most competent person in the office
Or, as the title of an Atlantic Monthly article puts it, "Being a go-getter is no fun".
Free-trade agreements as a tool of American strength
Condoleezza Rice: "Free trade is no substitute for military strength or for giving voice to those who still seek liberty", but "trade is an essential element" of peace
Apple's announcements at developers conference
Show notes - Brian Gongol on WHO Radio - June 8, 2015
Russian President Putin blames Ukranian crisis squarely on US and Europe
Show notes - WHO Radio Wise Guys - June 6, 2015
4 million Federal employees -- past and present -- now victims of cyberattack
The Federal government is pointing fingers at China, and that's not something that's done lightly. This is war, just without the gunfire.
What's Google's future, anyway?
Eric Schmidt thinks the company's moon shots might be the key
A major Twitter shareholder posits his thoughts on breaking out
The service is too daunting to those who aren't regular users -- the author says a billion people have signed up and then quit
Social engineering attacks target Iowans
People are being bullied into thinking their utilities are going to be cut off, and the criminals are extorting payments via credit or prepaid cards. It's not necessarily all that high-tech an attack, and it exploits the weak link in a lot of technological systems: People. One would think the payments should be traceable, but perhaps there are enough steps through gray areas to give cover to the crooks. MidAmerican Energy says the evildoers are even spoofing the company's Caller ID.
A positive and spontaneous human response
A man was rescued from beneath a bus because bystanders took action and signalled to others that aid was needed. We are herd animals, and it should come as no surprise that most people follow the crowd -- we'd never have survived anthropologically if everyone always went off on their own. But we also need a certain proportion -- perhaps one in fifteen or twenty -- who are capable of walking straight into the headwinds of social pressure and doing whatever they judge best, regardless of the consequences. We need just enough of us to be excessively confident and resistant to social pressure -- but still with a strong moral compass -- that when things start to go wrong, there's someone around for others to follow. To an extent, perhaps the difference between a sociopath and a great leader is empathy: Both carry on regardless of social pressures, but the leader does so out of empathy for others. It's been suggested that ego resilience is a particular trait of those who do heroic things.
Stop talking about "new rules of work"
Every time someone writes a list of "the new rules of work", the soul is trampled just a little. Certain circumstances of work always have evolved and always will, but for the most part, the fundamentals of work really aren't any different than they have ever been. The "new rules" are mainly just trivial details.
Privatization isn't dead
The UK government plans to sell off its remaining shares in the Royal Mail. 70% has already been privatized; the remaining 30% is about to go on sale.
Google tries to do with Android what Microsoft did with Windows years ago
The more your platform becomes the universal conduit for commercial activity, the better your prospects
Ukraine fears a full-scale Russian invasion in the near future
And here's the nightmare scenario: Russia goes ahead and invades, the West responds to repel the invasion, and it gets spun in Russia as though the West is invading Russia. And yet, for what purpose is there even such a thing as NATO if it doesn't stand up against the threat of invasion?
IMF wants the Federal Reserve to wait on raising interest rates
On the macro scale, the IMF is worried about what dominoes might fall if the US economy isn't propped up even longer
A perspective on being the world's sole superpower
Some intriguing insight from Ian Bremmer
ABC's "World News Tonight" is doing well in the ratings by emphasizing the visual
The future belongs to whomever can tell the important stories in a compelling manner. When we make the important stories boring and elevate the trivial (as it's being not-so-subtly suggested that ABC is doing), we move in the wrong direction. What is visually compelling isn't necessarily good journalism. Moreover, it's up to good storytellers to find the novel and original in the world and bring them to people in a serendipitous fashion. When we lose serendipity, we lose a great deal. Synthesis is really the foundation for understanding great things.
"Best" is a terrible way to close an email
The FBI is flying creepy surveillance planes over American cities
How are people supposed to recognize and report real threatening behavior when the government does exactly the kinds of things that people are supposed to report?
Facebook will build a third data center in Altoona, Iowa
Cheap, reliable power; a low cost of land; a central location away from most natural disasters; a high-quality workforce. All contribute to making Central Iowa an attractive place to build a data center.
Absolutely miserable failure rate by the TSA
Good security comes from having many low-friction layers that aggregate to a high level of security, rather than a single and highly obtrusive system in which we vest all of our hopes
On real professionalism
People abuse the word "professional" -- applying it to suggest a higher level of quality. In reality, professionalism is about following a certain code of ethics. In return for being compensated well, you agree to put the client's needs first. The story of a 99-year-old financial adviser is a good example.
Russia plans a new $5 billion aircraft carrier
Google, Apple, and now Facebook trend toward higher levels of encryption for regular users
A good way to describe some of the exploitations of poor people for the amusement of television
$537 million fundraising round at Snapchat concludes
Based upon the proportional ownership involved, that means someone thinks the company is worth $16 billion
A near-perfect recharge of a battery?
Research at the University of Waterloo may have found a way to make lithium-oxygen and sodium-oxygen batteries work, which would make energy storage cheaper and more portable than now
Teach yourself programming
One person's trash is another person's $200,000 antique computer
Neverland Ranch is up for a $100 million sale
That gets the lucky buyer a 12,000-square-foot home, 21 other buildings, and 2,700 acres. Or you could buy 12,590 acres of Iowa farmland at last year's average per-acre price of $7,943 (that's about 20 square miles of productive land).
They say, "If you see something, say something" -- but what about when it's the government being creepy?
The ordinary person, behaving legally, should have no expectation -- none -- of being pulled over by an unmarked police vehicle or of being surveilled by airborne cameras or other detection equipment. Those activities lend themselves to abuse (like the police imposter reported in the Des Moines area recently), intimidation, and a lack of attention to real threats which cannot be distinguished from their secret government counterparts (like the suspicious unmarked aircraft recently doing circles over the Twin Cities). "If you see something, say something" is totally meaningless if the most suspicious behavior of all is associated with the activities of government itself. Police conducting ordinary patrols should be in uniform and in marked vehicles, be they cars, motorcycles, trucks, or aircraft, and the only exceptions should be for defined and limited purposes, like raids or investigative work against a specific target. We should expect that Sky Marshals go undercover because the element of surprise is essential to their mission. But on the roads or in the general public, we should know exactly who's enforcing the law.
There are a lot more Republicans now, thanks to the French
The UMP just re-named itself
Trouble in the skies: Green lasers and drones both creating problems in the last few days
To a large extent, we're going to have to evaluate whether it's going to be better to try to prevent people from misusing those tools or to find ways to mitigate the trouble they cause. Since terrorists aren't likely to be deterred by laws, we probably have to focus on hazard-mitigation adaptations for the aircraft already in the skies.
Harvard surveys its seniors
The Crimson published results of its senior survey, and at least two lines are worrisome. First, a third of males in the elite social crowd are going into finance. Second, of the 14% of seniors going into engineering, half hope to be out of the sector in ten years.
Who's setting up new businesses?
Wunderkinds get all the good press, but entrepreneurs are pretty evenly distributed across age groups -- and workers over age 50 are better-represented than in the past. But women are much harder to find among the ranks.
Look to the revealed preferences for the news before the news
Demand for supertankers has gotten suddenly hot again, and that's a pretty good sign that the oil producers aren't looking to cut back
The value of Latino voters to the Republican Party
One graph that illustrates two sea-change economic factors
The big, big decline in the number of people in the American workforce and the sustained zeroing-out of the Federal funds rate over the last ten years are a pair of massive forces bearing on the US economy. One signals a generation leaving the workforce, and the other heralds an unprecedented era of effectively free money for the borrowing.
Art forgery: The only crime where it might actually pay to report yourself
The state of Subway
The Washington Post calls a 3% decline in sales "the fall of Subway". That's an exaggeration. The real takeaways: Average sales per store are under $450,000 and a franchise can be started for under $125,000. And Subway's main challenge seems to be that American consumers' tastes have migrated upscale, even if we still seem to want things healthy and cheap. ■ On a related note: The Post has also heat-mapped the nation's fast-food sandwich chains.
Google promotes its latest new technologies
The company's work is fantastic for consumers, not so much for investors
First-quarter GDP shrank by 0.7%
That's the second contraction in five quarters. They're not consecutive, so it doesn't count as a recession...but contractions aren't good.
Roads? Where we're going, we don't need...drivers.
Iowa City, North Liberty, and Coralville area could get a road exclusively for autonomous vehicles
"Enemy plots thwarted almost everyday"
The news inside Iran paints a picture of paranoia...and the US and Israel are the supposed culprits. Of course, it's actually Saudi Arabia causing the most immediate and direct pain to Iran right now by taking the air out of oil prices.
If Albert Einstein had gotten a performance review
Google's new "Now On Tap" brings a new layer to smartphone applications
Google wants it to reside more or less between the user and the applications the user employs, and for it to link the different applications together in ways that they aren't permitted to do on their own. Adoption may largely depend upon how users perceive the cost-benefit equation between more of Google's intrusion into their worlds and the potential benefits the seamless integration could bring.
The state of the print media summarized in one story
The Tribune Publishing Co. just bought the San Diego Union Tribune...and promptly laid off 178 employees, mostly at the printing plant. Newspapers may involve the word "paper" in name alone more often than not in the coming years, particularly as many of them move to a digital-first or digital-only model.
The White House says @potus will be a legacy Twitter account
They also say that the account is to be nothing but "Tweets exclusively from" the President. Which is kind of funny, considering there's already an @barackobama account that doesn't really belong to him. Guess he'll have to be something like @barackobama44 after he leaves office.
CEOs in the media sector are disproportionately represented among the highest-paid
A summary of personality types
Using the popular Myers-Briggs format
Russian cyberthieves file for $50 million in fake tax refunds
They used available information to steal 200,000 identities and apparently got away with it about 50% of the time. The IRS suggests the criminals got SSNs, birthdates, street addresses, and filing statuses from outside sources before conducting the attempted thefts. All the more reason to watch carefully what you share and with whom on social media and everywhere else online.
Electric airplanes exist and could have a future
Their biggest advantage may be in reducing maintenance costs (and, potentially, both noise and air pollution). It's possible to imagine a future in which autonomously-piloted electric aircraft ferry passengers in small numbers like a skybus service. Not soon, but it could make sense and make air travel cheaper, more accessible, and more convenient for those who don't live near major hubs
SpaceX gets approval to launch satellites for the military
That puts them into competition with a Lockheed/Boeing joint venture
Birth certificates as an anti-human-trafficking device
Some thoughts on the Internet trends of 2015
Six European countries have youth unemployment rates of at least 30%
Put them on a watchlist now for short-term future volatility and long-term stagnant growth. Unemployed young people with nothing to lose tend to do more than their fair share of stupid things, including crime and riots. And if they don't get a start on their job histories now, they're going to pay a penalty later on.
The Office of Dissent Management is at it again
"Critics worry that governance by social media will cheapen the power of the presidency by substituting hashtag activism for serious policymaking." Moreover, there is a serious risk that "engagement" by the White House via tools like Twitter only serves to encourage the cranks and wackos of the opposition and the Hallelujah Chorus among the President's supporters. In reality, the executive branch must engage with the public and should do so thoughtfully and with dignity. It's not entirely clear that appearing on "Between Two Ferns" achieves that. The Presidency is an office and an institution, not a consumer brand.
Smartphones are a massive security vulnerability
How the ozone hole got plugged
Corruption in the world's most popular sport? You don't say.
"[T]he best way to automate a new habit is to set the bar incredibly low"
And the best way to be happier in general is, apparently, to build lots of good habits since life is so heavily governed by them.
How much US land area would it take to equal the same population as that of the entire UK?
Australian police issue tongue-in-cheek "most-wanted" for Nickelback
The charge? Musical crimes.
Why do thunderstorms pop up at night without daytime heating?
NOAA's looking into it
The appearance of genius
Thanks to a new font, you can borrow Albert Einstein's handwriting for your computer, but that won't make your thoughts as deep as his. Ironically, what makes Einstein endure in pop culture is that he was a decent writer of words that communicated with the general public -- not that he was a great calligrapher.
The cities likeliest to be hit by terrorist attacks
Almost none of them are in Europe or North America -- perhaps a reminder that "safety" is a relative concept, and that perceptions are not always reality
Facebook encourages people to "check-in" as "safe" after a disaster, but...
...there are probably better ways of communicating your status to those who need to know it after an event like a major earthquake or something similar. A simple Facebook status click may give the wrong impression about what's really "safe".
Buffett: A better EITC beats a higher minimum wage
Industrial espionage is serious and goes deep
The chair of the Temple University physics department is charged with trying to steal industrial secrets for China
Apple might want to deliver local TV programming
Are people finally putting collegiate compensation in perspective?
Legislators in Illinois are figuring out that their college presidents are getting perks that are out of touch with reality. ESPN has noticed that Charlie Weiss is being paid more money to not coach the Notre Dame football team than the current coach is being paid. And the Omaha World-Herald has done the math and calculates that Bo Pelini has a $737-an-hour job as the fired football coach at the University of Nebraska.
What real-estate bubble?
Towers being built all around Central Park in New York City are going ever-higher at ever-higher prices. Money is cheap and markets outside the United States aren't wildly attractive -- that's making speculation a little too attractive.
World incomes are getting a lot better on the low end
Ricketts family buys three more Wrigleyville rooftops
Your name in a different generation
A clever use of Social Security name data
Some signals point to Apple building its own search engine
Why do estimates of Social Security's solvency keep getting worse?
Blame systemic bias in the way the agency has been conducting its forecasts. Underestimating costs, overestimating income. It's a serious problem.
China's building islands in the South China Sea
600 miles from the actual China itself, they're nothing more than naked territorial grabs
"[T]hat you can laugh at yourself or point to your own ignorance...almost gives you a license to be glib"
The meaner cultural effects of David Letterman
Minimum wage in LA goes to $15 an hour by 2020
Pegging the minimum wage to inflation is one thing. Dramatic increases in minimum wage rates are likely to have long-term effects that stunt the future earnings of those starting from the low end of the skill level.
Uber hires talent away from Google
But not technical talent -- political talent.
$50 million in incentives and no jobs to show for it
There may be no alternative but for Congress to step in and stop states from fighting one another with economic-development incentives. Building infrastructure and keeping a healthy environment for regulations and taxation? That's good competition. Unaccountable, no-recourse subsidies and tax breaks for the politically-connected? That's another.
A worthy review of "Hyperbole and a Half"
When markets fail, government can play a role
Making antibiotics doesn't really pay very well, and they tend to lose effictiveness over time. States may be able to step in and do something to solve the market failure by offering prizes for those who develop new antibiotics and buying the rights to their use to ensure a profit to the makers.
That pesky Monroe Doctrine
The US hasn't spent enough time winning enough friends in Latin America, and China's been interested in filling that void
Technology and the law don't always travel in tandem
And the State Department's situation with a certain former Secretary and her e-mails is a pretty good example
Half of Iowa and ISU grads leave Iowa
And 85% of UNI grads stay. Lots of the grads from the other schools boomerang later, and residency after graduation isn't the only thing that matters. But it should be noted and considered when it's budget time.
CenturyLink says some Des Moines business customers will get gigabit Internet access
Cedar Falls, Omaha, and Kansas City are all getting broader options for gigabit service
The National Weather Service is cleaning up its forecast icons
"That'll show the government."
Forecast: Russia will get more territorially aggressive this summer
Putin's hands may be tied in a vicious cycle
The Clintons have made $25 million giving speeches since the start of last year
Nice work, if you can find it
Google says its self-driving cars have been in crashes, but none of their own fault
The sooner we can get humans out of the driver's seat, the better. We are what cause accidents.
Discover is rolling out "chip" cards
Intriguingly, they avoid calling it by the "EMV" name -- for Europay/Mastercard/Visa. These cards are a step towards (but not a silver bullet for) better transactional security.
Companies that have a serious commitment to and method of developing human capital are going to have a durable competitive advantage in the marketplace. What's interesting is that many of them are turning away from the conventional academy in order to get there.
Every boom is followed by a bust
A ton of money is flowing into skyscraper real estate in New York City right now. It's fueled by a combination of low interest rates, low returns on alternative investments (like bonds), a strong stock market (creating a wealth effect with concentrated effects near Wall Street), and a poor economic environment around the world (which makes foreign investors over-eager to put money into projects in the US). It cannot and will not last forever.
Automatic speed control wasn't working just before Amtrak crash
The more use we can make of computer augmentation of human control in transportation (cars, trains, and aircraft alike), the better. It's expensive and difficult to implement, but we have to think through the cost-benefit analysis with a bias towards implementation.
How does a community-college newspaper get into a dispute that escalates to serious First Amendment issues?
Not the way to protest your innocence
A company founded and run by a family now standing accused of trying to smuggle weapons to the Middle East is protesting that their e-mails contain "privileged" attorney-client communications. While potentially true, that surely doesn't make them look innocent.
Seems like a strong antidote to helicopter-style parenting
President Obama earned $130,000 in book royalties last year
Former President Clinton seems to be doing better giving speeches, but the residuals off a couple of books sure aren't hurting
A few tips for better presentations
Nothing especially ground-breaking, but given the culturally inculcated phobia of public speaking, perhaps these tips will help
The 2016 Presidential cattle call begins in earnest
Eleven announced or prospective candidates showed up to give speeches in Des Moines
Show notes - WHO Radio Wise Guys - May 16, 2015
A third of Russians fear a US invasion
Penn State's engineering school targeted by Chinese state-backed hackers
"The principle of transparency is the same regardless of what technology officials choose to use"
Omaha World-Herald gets backing from the office of the Nebraska attorney general, saying that the paper should get to see work-related text messages sent to the personal cell phone of the mayor of Omaha
How we got to a 162-game baseball season
Someone at The Onion loves Photoshop a little too much
The Supreme Court didn't need to heed the catcalls to "take it off"
Google's self-driving cars -- some accidents, but the company says not their fault
Ultimately, the totally self-driving car is still too far-out for many people to accept. We'll get there, though, as long as there is a transition during which computers take over more and more of the driving in the interest of enhancing driver and passenger safety. We should do our best to reach a goal of taking humans out of the driving equation entirely as soon as possible (since human error and fallibility is the leading cause of accidents), but it's going to take a little time.
Drone group formally activated at Des Moines Air National Guard wing
Wall Street traders think the Federal Reserve is bluffing about raising interest rates
At least, any time this year. And with the Producer Price Index down for the month of April, one almost has to wonder whether the traders are right.
Facebook picks nine publishers for quick-loading news articles
Stories from the New York Times, BBC, NBC, The Atlantic, and others will load about ten times faster than those from other sites because they'll be pre-loaded on the mobile app (starting with the iOS, then showing up on Android later). Of course, that may only make the publishers involved more dependent upon Facebook than before, and that ought to make them nervous. But maybe not any more nervous than those publishers who had special deals with AOL and CompuServe back in the day...perhaps?
The subtle politics of B-roll
The State Department and the Pentagon are asking reporters not to use B-roll footage of ISIS/ISIL/QSIL/Daesh that shows the terrorists at strength. And, if they value the classical liberal values that the terrorists are fighting against, the journalists probably shouldn't use that footage anyway. But journalists should also be perpetually resistant to any kind of pressure from the government to frame things in a manner the government desires. It's a tough case: The wrong people are asking for the right thing.
Estonia practices largest war games ever
The tiny NATO member has reason to be alarmed about Russia
Why everyone should know self-defense: Case study #19
Someone fired a gun inside a Megabus from Chicago to Minneapolis and other passengers had to subdue him. You simply don't always have time to call the police. Related: A student at the University of Iowa photographed women with the tools they carry to protect themselves.
Secretary Clinton's hostile relationship with the press
Consumer Reports names ten cars likely to last for 200,000 miles
Every one of them is a Toyota or a Honda
The little tyrant
North Korea's defense chief has been murdered by the state. Speculation abounds that a coup had been plotted.
Moody's declares Chicago's credit rating is junk
Public-sector pensions are an enormous liability nationwide -- they just happen to show up in certain hot spots
Downward pressure on oil prices might trigger confiscation by the Russian government
When kleptocracy takes over, it's hard to see a peaceful way out
Cedar Rapids family busted for trying to ship arms to the Middle East
More than 150 guns were seized
Bo Pelini is getting $737 an hour not to coach Nebraska football
Heads he wins, tails Nebraska loses
Why Verizon wants to buy AOL
It's a matter of online video ad revenues. The deal is for $4.4 billion.
The economy as we know it, May 2015 edition
Omaha residential customers to get 1-gigabit Internet service by next year
At $99 a month, it's more costly than most Internet service. But it's also orders of magnitude faster. Cox Communications is trying the same in Phoenix and Las Vegas, so Omahans are privileged.
Some producers are willing to take big chances that oil prices are coming back
If persistent and widespread, that makes for a pretty short bust
Aerial photos of the Lake City tornado damage
Man faces 15 years in prison for hurting 7-week-old baby
There has to be something better we can do to protect the defenseless innocent.
Two roles for supercomputing in health care
First, they can be used to accelerate the pace of DNA sequencing, for patients and (when applicable) their illnesses. Second, they can be used to analyze the available information on a patient's condition and cross-reference it against the state of the art in medical research to recommend a course of treatment. ■ Computer-augmented decision-making is the way of the future, if we're smart about it. But "augmented" or "enhanced" is the key here: Computers shouldn't be put in charge of making all of the decisions, particularly because it is at the margin where big errors are made, and computers aren't yet prepared to handle that on their own. Take, for instance, the apparent labeling of an Al Jazeera journalist as a terrorist by the NSA. He met certain trigger criteria for labeling...probably because he was interviewing figures in terrorist groups for the news. The behavior of a journalist interviewing terrorists might easily look like the behavior of a terrorist, but they're two wildly different things.
McDonald's as a wildly successful educational institution
People learn "soft skills" from entry-level jobs like the ones most commonly associated with McDonald's. And if we make it too hard for people to get those jobs (as by raising the minimum wage too aggressively), we price people out of that "school" and make it harder for them to get into the workforce successfully. ■ Related: Notes from the 2015 Berkshire Hathaway shareholders meeting
Swatch is getting into smartwatches
The CEO says they're going to introduce a battery next year that could power a smartwatch for months at a time
There won't be a Windows 11
"Windows will be delivered as a service", starting with Windows 10, and will be updated on a rolling basis
Honest interpretations of job titles
A poem for the republicans of the world on the arrival of a royal baby
The avian influenza outbreak is huge
The USDA says we're at 30 million affected birds (almost entirely chickens and turkeys). That's meant a kill total so large that it's getting hard to figure out where to put all of the carcasses. The good news, if there is any, may be that the authorities don't see a big risk to humans from the outbreak. But a state of emergency has been declared in Iowa anyway.
Do big personalities survive without big media brand names?
Bill Simmons of "Grantland" fame is leaving ESPN. Will he decide to put up his own shingle or go with another big brand in sports?
Yes, there are more than just white guys in technology
A conference called "Big Omaha" appears to have successfully broadened its appeal and its roster of presenters beyond the class of people most widely represented in tech. Sounds like it took some deliberate effort, but it also sounds like it was worth doing.
The skills employers really want
Everyone's familiar with the idea of a skills gap -- the difference between what employers want and what prospective employees are bringing to the table. Here are some of the skills that the business world is desperately seeking.
UK elects 20-year-old to Parliament
She's the youngest since 1667
Self-driving semi trucks are a reality
But it could take another ten years for them to hit the highways. Nevada has favorable rules for self-piloted cars, so this demonstration probably won't be the last. In the long run, self-driving trucks make utter sense: The trucking companies have a huge financial incentive to gain efficiency, reduce risks, and reduce costs. Other groups that will be key to the adoption of autonomous vehicles: Outside sales forces with large territories to cover, and the elderly and physically disabled. ■ One important caveat: The acceptance and adoption of self-piloted vehicles depends upon them being seen as iterative improvements in the safety of human driving, rather than as a replacement for it (even if that's the logical ultimate goal). We humans have established a very high baseline for the number of casualties we accept due to road travel when a human is behind the wheel. Americans tolerate more than 32,000 road deaths a year, or about 90 a day. That number has declined a lot since the 1990s (probably because the vehicles themselves are increasingly safe for the people inside), since the number of crashes hasn't really changed much in that time. But if 90 people were to die every day due to plane crashes, the public would lose its mind -- because our baseline expectations for air-travel deaths is near zero. It follows that with our baseline expectation for deaths involving autonomous vehicles on the roadways also at or near zero, the public will lose its mind if it sees people dying in self-driving cars, no matter the logic for their implementation. A frightened public is primed to do a lot of stupid things, like banning self-piloted cars. Acceptance hinges on autonomous technology being perceived as a tool that reduces the number of crashes by making human driving safer, not as a separate category of travel altogether. Of course, that may require acknowledging that human drivers are pretty unsafe for a lot of reasons. ■ Flashback: "The first mass audiences for self-piloted vehicles will probably be the trucking industry..." (2012) ■ Also: Savings from self-driving cars (2010)
Mountain View city council rejects Google's crazy campus plan
LinkedIn gets the bulk of the property in question instead. Google isn't happy about the decision, which the city council tried to spin as an attempt at ensuring economic diversity (Google already owns a lot of Mountain View). At first glance, it sounds like the city has a heavy-handed role in planning, which is generally undesirable. But, assuming the power is adequately restrained from abuse, they're probably right to be skeptical of depending too heavily upon a single employer. Google's plans went beyond ambitious and tripped over into silliness.
David Letterman thinks viral videos signal it's time for him to go
IBM's Watson: First it won Jeopardy, and now it invents recipes
Natural-language processing of thousands of recipes from Bon Appetit gives Watson a starting point to invent new recipes altogether
The Brown Institute is closing its Twin Cities campus
The college for broadcasters is moving to online-only instruction
Federal Reserve chair thinks stocks are overpriced
Price is what you pay, and value is what you get
Michigan Gov. Rick Snyder won't run for President in 2016
But it would be good for @onetoughnerd to stay close to the national spotlight
Better greeting cards for cancer patients
Chinese researchers may be prepared to create genetically-modified people
A whole lot of lost Mark Twain writing has been discovered
What's going to happen centuries from today when historians discover all of the things that missed digitization?
Comparisons of international costs of labor
For obvious reasons, the manufacturing sector is interested in the cost of labor, particularly across borders. It turns out that Norway and Luxembourg get more bang for their buck (in terms of GDP per hour worked) than the United States. Everyone else trails behind (though Belgium, Ireland, the Netherlands, Denmark, France, Germany, Switzerland, and Sweden all hold their own.
Do emojis really improve communication?
Like sign language, they can convey a lot of emotion effectively in a way that's hard to do with words. But they're also easily misunderstood, and that's the shortcoming of communication that deliberately avoids words.
Tornado warning, party of 6
The National Weather Service now publishes impact statistics along with their polygonal warning areas for tornadoes and severe thunderstorms. One warning today affects an estimated population of 6.
Tesla moves into power packs
A fascinating study of Henry Singleton at Teledyne
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