Day 10: Friday
Morning Evening, Tim!
End of week 2. What a delight!
I wanted to give a quick update on my bit of fake news from Wednesday. In short, I just wanted to point out that there are quite a few takes on the issue and its resolution; that said, it’s important to remember the issue isn’t quite as cut and dry, and when you get into the implications of some of the suggestions of resolving it you soon realize there are many nuances to the argument, balancing incentives among them.
I also wanted to let you know I am at our family’s house writing this, sitting by the fireplace. Some cool, blistery air outside makes it nice to be here; moreover, I checked the cabinet to see your leftover stash. You better get back here soon, lest you have no more of this! Importantly, though, we’ll have to refresh with some new, fresh loose leaf.
You had mentioned perhaps, but likely not admitting to it, maybe, if perchance had it’s way, maybe, perhaps feeling under the weather:
My eyes will be all glossy, and my voice will sound like a frog who spends most of his income of Camels.
Perhaps you should drink more tea to make if feel better. Moreover, along the lines of voices, if you’d prefer not to be followed by J Biebs perhaps try a different radio station. On my ride through the beautiful mountains, this came on; perhaps a bit froggy, but wow is that impressive (Spoiler alert, he gets down.)
Calabria looks beautiful. It would be fun to visit, but I’m not convinced it would be somewhere I’d have much space to think. I’d much prefer your Earl Grey, posted up in a library in Oxford (I know I can’t drink tea in that library, my dear Tim. This is simply a dream), reading a bit of philosophy (or a hometown library wouldn’t be bad either!)
You may be wondering when I’m going to leverage that segue I touched on back on Wednesday. With respect to tech and automation, I’ve been thinking about responsibility within the tech industry to ensure wealth is distributed a bit more than it has been. Being predicated on scale, companies work themselves into virtuous cycles – they get users, and because they have more users suppliers line up, bringing a better experience…and then more users, etc. The created wealth then gets unevenly distributed, and those that bear the brunt of the financial ramifications are often left feeling powerless (and many times are powerless). The incentives are set up this way – companies are able to do this, and in order to succeed should operate in a way that benefits their user base and employees of the company.
Ben Thompson (linked earlier) has recently called into question actions which are
legally acceptable, though morally dubious
I like the wording – I feel it brings out a rich discussion on right and wrong, as often people focus on the law to determine what they can/should do. It’s what they can get away with. And without touching too much on the election, no one who feels powerless, ignored, or abandoned likes the feeling. That said, in a new era predicated on the internet, globalization, and a very different kind of scale, bringing back the “greatness” of eras past will not occur by reverting to the way things were – incentives don’t point in that direction, and so new rules need to be put in place predicated on the new era; on microchips, on global connectedness, on 0 distribution costs, on AI and automation…on a new set of technology.