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  • Eurozone rejects Greece's bailout extension request [View news story]
    I should keep up with the news better, I missed all the celebrations when we added 2 new states.
    Jun 30, 2015. 06:14 PM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Well, it seems like it's the rank-n-file Greeks who want the govt to provide them an unproductive job with an ability to retire in their 50's and have other countries pay for that.
    Jun 30, 2015. 04:50 PM | 1 Like Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    The money saved on parts from fewer wrecks stays in a lot of peoples' pockets and can be spent on other things. Maybe emergency rooms would have less "business" with fewer wrecks, but I don't know why that would be seen as a "bad" thing. How about the economic losses to the patients?
    May 19, 2015. 10:55 AM | Likes Like |Link to Comment
  • Google starting road tests for self-driving car prototypes [View news story]
    My musings -- the biggest driver of this technology is going to be the aging of the massive Baby Boomer cohort. I already trust a computer more than most humans to drive a car. I definitely trust a computer more than an 85-year old to drive a car.

    Re: the slippery road question -- I'd trust a computer's sensors/reactions to slippage (e.g., steering corrections) more than most humans'.
    May 16, 2015. 05:04 PM | Likes Like |Link to Comment
  • Bove: Banks "basically nationalized" [View news story]
    So, just to put a "modest proposal" on the table... my Goldman friend explained to me how indispensable Wall Street is to the US economy and therefore MUST have been bailed out or "this sucker was going down".

    So, sure sounds like a "utility" to me. And I think we know how utilities are managed.

    Just sayin' ;-)
    Mar 12, 2015. 02:19 PM | 3 Likes Like |Link to Comment
  • Greece's Real Problem [View article]
    "Professor Hausmann has responded again to my reply to his reply to my criticisms of his Project Syndicate post."

    I look forward to seeing your future reply to his reply to this article ;-)
    Mar 12, 2015. 09:59 AM | 1 Like Like |Link to Comment
  • Bove: Banks "basically nationalized" [View news story]
    Which doesn't explain why a wildly disproportionate number of bad mortgages were: 1) investment properties, and 2) concentrated in a few states
    Mar 12, 2015. 09:56 AM | 1 Like Like |Link to Comment
  • WSJ: Google building virtual reality version of Android [View news story]
    Yogesh -- I agree. Not investing in VR would be like not investing in mobile. It's going to be a huge digital platform.
    Mar 9, 2015. 02:58 PM | Likes Like |Link to Comment
  • WSJ: Google building virtual reality version of Android [View news story]
    While it's certainly true that virtual reality has had a "false dawn" or two, I will dare to say "this time is different". And it's different not so much because of innovation by Oculus or the Google Cardboard team, but simply because the price/performance equation of all the necessary hardware (e.g., displays, motion sensors, CPUs to calculate the sensor fusion) is way better than in the 90's false dawn. The best analogy I've heard to date is this one...

    VR is at the stage when the first brick appeared in the mobile phone movement. It's unquestionably clunky and needs improvement, but it's finally reached the point where most people who experience it can see an attractive consumer product on the horizon. Winners will come and go, but the movement is here. It's not the Star Trek Holodeck, but it's pretty good already.

    And it's already undergoing serious experimentation in many fields beyond gaming. VR and spherical film dominated the headlines coming out of the Sundance Film Festival. Psychiatrists are developing at-home clinical therapies using it (ex. - treating phobias, PTSD). Schools are developing curriculum aids and visualization tools. The military is creating some sim/training tools with it. Marriott is experimenting with how to give people immersive virtual tours of its resort properties. And yes, that fast adopter of all new tech platforms -- the adult entertainment industry -- is figuring out, er, new offerings.

    There will be different variants, some with their own dedicated hardware (like Oculus) some using the smartphone. VR is here, it's going to be huge.
    Mar 8, 2015. 11:47 AM | 5 Likes Like |Link to Comment
  • Google Ends An Apple Advantage [View article]
    According to the author's own chart, less than 25% of Android users are on KitKat and over 25% are on a version older than Jelly Bean. Indeed, I'm not sure how that supports a story of "fragmentation is now a myth".
    Aug 18, 2014. 02:33 PM | 9 Likes Like |Link to Comment
  • Jobless claims decline [View news story]
    "They had nothing to run on, so demonize your competitor and tell everyone he will throw grandma off a cliff."

    For a moment there, I thought you were talking about Sarah Palin.
    Aug 8, 2014. 10:05 AM | 1 Like Like |Link to Comment
  • Why Is Employment Today So Much Lower Than We Expected 7 Years Ago? [View article]
    Or for us Monty Python fans... "apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, the fresh-water system, and public health, what have the Romans ever done for us?"

    Aug 6, 2014. 01:54 PM | Likes Like |Link to Comment
  • WAR! What Is It Good For? Halliburton [View article]
    Darth Cheney certainly was the perfect fit for CEO of Halliburton.
    Aug 2, 2014. 06:48 PM | 1 Like Like |Link to Comment
  • Can Microsoft's Satya Nadella Learn Anything From GE's Jeff Immelt? [View article]
    Microsoft should establish a giant financial services business... much easier to "manage reported earnings". Windows licensing down? No worries, just jack up the valuations on commercial loans.
    Jul 24, 2014. 11:54 PM | Likes Like |Link to Comment
  • Europe fails to impose tough sanctions on Russia [View news story]
    There's no need for an investigation. Russia has helpfully explained what really happened. See, the CIA filled the plane with corpses and blew it up over Ukraine. Mystery solved, you're welcome.
    Jul 23, 2014. 11:49 AM | Likes Like |Link to Comment