Fresh from the clogged tubes of teh intarwubs…
"I had entered into this project thinking that I would find some magic wand, a spell that could revitalize local communities, increase social capital, and make communities more resilient. The answer to that is not is some alternative currency, or in small scale projects like Steffen's clothing swaps. Instead, we need grassroots activities that can scale into national policy.
We need to scream at the local level about food policy: school lunches, public support of local agriculture, and ending food deserts. But we need to do this in a form that can scale, like credit unions, and organizations where local chapters collate their efforts with others.
So I give up on the search for an abracadabra coming from future forms of cash. It is up to us to redistribute value and exchange, to decide which parts of our world should be outside of economics and which should be in."
"Calculating the cost of sequencing a human genome is a tricky business–price estimates can vary depending on what's included in the calculation. One common measure is the cost of the chemicals used, and this is what Complete Genomics used. However, this measure doesn't incorporate the cost of the machines that do the sequencing, the human labor, or the computational effort required to assemble raw sequence information into a whole genome. "What's important is not just the reagent costs, but also the cost of analyzing the sequence," says Jeff Schloss, program director for technology development at the National Human Genome Research Center, in Bethesda, MD. "It's unclear how computational costs for this method compare to some of the others."" Doesn't matter for the business model; sell low to early adopters, establish market dominance. Smart.
"In most cities, municipal government can’t stop drug dealing and violence, but it can keep people with creative ideas out. Not in Detroit. In Detroit, if you want to do something, you just go do it. Maybe someone will eventually get around to shutting you down, or maybe not. It’s a sort of anarchy in a good way as well as a bad one. Perhaps that overstates the case. You can’t do anything, but it is certainly easier to make things happen there than in most places because the hand of government weighs less heavily.
What’s more, the fact that government is so weak has provoked some amazing reactions from the people who live there. In Chicago, every day there is some protest at City Hall by a group from some area of the city demanding something. Not in Detroit. The people in Detroit know that they are on their own, and if they want something done they have to do it themselves. Nobody from the city is coming to help them."
"It’s going to take a few years, but these legitimate advertisers will push out the scammers and Facebook will put more rules in place. Enforcement will tighten, but spammers are clever with shifting their entities, enough to make us all “dizzy”. We said that when these platforms first launched, earnings were in the 10 to 15 cent range. Then spammers raised the bar and could afford to pay $6 per thousand impressions (or about 20 cents a click) for the same inventory. But when the legitimate guys come with the hyper-targeted local ads, they can afford to pay $10 or even $50 per thousand impressions for that inventory. The spammers will be forced out of this particular game and onto whatever is next."