death of newspapers

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pages: 336 words: 90,749

How to Fix Copyright by William Patry

A Declaration of the Independence of Cyberspace, barriers to entry, big-box store, borderless world, bread and circuses, business cycle, business intelligence, citizen journalism, cloud computing, commoditize, content marketing, creative destruction, crowdsourcing, death of newspapers, digital divide, en.wikipedia.org, facts on the ground, Frederick Winslow Taylor, George Akerlof, Glass-Steagall Act, Gordon Gekko, haute cuisine, informal economy, invisible hand, John Perry Barlow, Joseph Schumpeter, Kickstarter, knowledge economy, lone genius, means of production, moral panic, new economy, road to serfdom, Ronald Coase, Ronald Reagan, search costs, semantic web, shareholder value, Silicon Valley, The Chicago School, The Wealth of Nations by Adam Smith, trade route, transaction costs, trickle-down economics, Twitter Arab Spring, Tyler Cowen, vertical integration, winner-take-all economy, zero-sum game

Newspapers: A Failure to Adapt There is no question newspapers have serious problems, but those problems are business problems and cannot be solved by additional legal rights.To listen to some in the newspaper business, the industry was destroyed by Internet search engines. As we shall see, the decline in the newspaper business has been going on for a long time, well before the advent of the Internet, and involves loss of advertising revenue made possible by artificial, analog scarcity. Newspapers’ revenue losses, while substantial, have nothing to do with copying their content, and therefore nothing to do with copyright laws.

The next big short-term drop occurred in the period 1989 to 1993, the latter date being the date the World Wide Web was opened up for free to the public. Television, both over the air and cable, by contrast, began with zero advertising market share in 1949, and went up to 26 percent in 2009. Direct mail has also gone up, from 15 percent in 1949 to 22 percent in 2009. The decline in newspaper advertising thus 150 HOW TO FIX COPYRIGHT occurred most sharply before the introduction of the Web, while other media, especially cable television, have gained at newspapers’ expense. One important reason for newspapers’ decline in advertising revenue versus other media is the decline in the amount of time consumers spend with newspapers.

Media Usage and Consumer Spending Media Unit 2005 2006 Total Hours 3,543 3,530 Television Broadcast Television Network stations Independent stations Cable, Satellite & RBOC TV Services Basic cable, satellite & RBOC TV Premium cable, satellite & RBOC TV Broadcast and satellite radio Recorded music Out-of-home media Consumer magazines Consumer books Videogames Home video Yellow Pages Box office Pure-play mobile services In-flight entertainment Hours Hours Hours Hours Hours 1,659 679 582 97 980 Hours 2007 2008 2009 2010 2011 projection projection projection projection projection 3,532 3,559 3,569 3,596 3,624 1,673 676 599 77 997 1,686 676 603 73 1,010 1,704 678 604 74 1,027 1,714 673 598 75 1,041 1,728 673 598 75 1,055 1,742 669 593 76 1,073 807 835 849 865 877 891 913 Hours 173 161 161 162 164 164 159 Hours Hours Hours Hours Hours Hours Hours Hours Hours Hours Hours 805 196 130 124 107 73 63 12 12 9 1 778 186 133 121 108 76 62 13 12 12 1 769 171 137 119 108 82 64 13 13 16 1 768 165 141 117 108 90 66 13 13 21 2 760 168 145 114 109 91 68 13 13 28 2 758 174 149 112 109 94 70 12 14 33 2 751 185 154 110 110 100 70 12 14 38 2 152 HOW TO FIX COPYRIGHT It should be no surprise that advertisers have gone with media that have an increase in consumer viewing rather than with media that are declining in consumer viewing. Newspapers are in decline and therefore so are their advertising revenue. This is the market at work, and is not the fault of others, especially Internet companies. Laws cannot force people to spend more time reading newspapers. People are estimated to spend somewhat over one minute a day reading news online versus twenty-five minutes a day reading hard copy newspapers.


pages: 236 words: 77,098

I Live in the Future & Here's How It Works: Why Your World, Work, and Brain Are Being Creatively Disrupted by Nick Bilton

3D printing, 4chan, Albert Einstein, augmented reality, barriers to entry, Cass Sunstein, death of newspapers, en.wikipedia.org, Internet of things, Joan Didion, John Gruber, John Markoff, Marshall McLuhan, Nicholas Carr, QR code, recommendation engine, RFID, Saturday Night Live, Steve Jobs, Steven Pinker, Stewart Brand, TED Talk, The future is already here

I’ve been to all-day talks and fifty-person meetings with everyone from the CEO to a lowly intern and all the players in between. I’ve also attended conferences as a panel member with other journalists and publishers to discuss this very topic. Depending on who is in the room, these conversations usually start out lamenting the death of newspapers and magazines and quickly move to asking how we will ever be able to charge people to access news online. I have heard over and over that young people won’t pay for anything. Movie producers, publishers, and musicians argue that kids have been raised to think content is free and they have a God-given right to take it.


pages: 293 words: 78,439

Dual Transformation: How to Reposition Today's Business While Creating the Future by Scott D. Anthony, Mark W. Johnson

activist fund / activist shareholder / activist investor, additive manufacturing, Affordable Care Act / Obamacare, Airbnb, Amazon Web Services, Andy Rubin, Apollo 13, asset light, autonomous vehicles, barriers to entry, behavioural economics, Ben Horowitz, Big Tech, blockchain, business process, business process outsourcing, call centre, Carl Icahn, Clayton Christensen, cloud computing, commoditize, corporate governance, creative destruction, crowdsourcing, death of newspapers, disintermediation, disruptive innovation, distributed ledger, diversified portfolio, driverless car, Internet of things, invention of hypertext, inventory management, Jeff Bezos, job automation, job satisfaction, Joseph Schumpeter, Kickstarter, late fees, Lean Startup, long term incentive plan, Lyft, M-Pesa, Marc Andreessen, Marc Benioff, Mark Zuckerberg, Minecraft, obamacare, Parag Khanna, Paul Graham, peer-to-peer lending, pez dispenser, recommendation engine, Salesforce, self-driving car, shareholder value, side project, Silicon Valley, SimCity, Skype, software as a service, software is eating the world, Steve Jobs, subscription business, the long tail, the market place, the scientific method, Thomas Kuhn: the structure of scientific revolutions, transfer pricing, uber lyft, Watson beat the top human players on Jeopardy!, Y Combinator, Zipcar

Cross-company interaction Largely operate in silos Regular interaction between functions or geographies Regular interaction between functions and geographies Openness to experimentation No means to design and run experiments Experiments run with approval from top leaders Experiments part of day-to-day operations Idea sharing Ideas shared only when they are “perfect” Ideas shared when they are well documented Rough (but well thought out) ideas are shared to get fast feedback Failure tolerance Failure carries heavy stigma No penalties for the “right kind” of failure Learning from failure celebrated equally with commercial success Number of answers Weighting × 1 × 3 × 5 Total score Total 8–14 Hostile to curiosity 15–22 Pockets of curiosity 23–29 Foundations of curiosity 30+ Culture of curiosity Notes Chapter 1 Steve Sasson “that’s cute” quote: Claudia H. Deutsch, “At Kodak, Some Old Things Are New Again,” New York Times, May 2, 2008. Decline in newspaper advertising revenue: Henry Blodget, “And Now Let Us Gasp In Astonishment At What Just Happened To The Newspaper Business,” Business Insider, September 15, 2012, http://www.businessinsider.com/newspaper-advertising-collapse-2012-9. Jim Balsillie interview: CBC, The Hour, April 1, 2008, https://www.youtube.com/watch?


pages: 360 words: 101,038

The Revenge of Analog: Real Things and Why They Matter by David Sax

Airbnb, barriers to entry, big-box store, call centre, cloud computing, creative destruction, death of newspapers, declining real wages, delayed gratification, dematerialisation, deskilling, Detroit bankruptcy, digital capitalism, digital divide, Elon Musk, Erik Brynjolfsson, game design, gentrification, hype cycle, hypertext link, informal economy, Jaron Lanier, Jeff Bezos, job automation, John Markoff, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Kevin Kelly, Khan Academy, Kickstarter, knowledge economy, low cost airline, low skilled workers, mandatory minimum, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, military-industrial complex, Minecraft, new economy, Nicholas Carr, off-the-grid, One Laptop per Child (OLPC), PalmPilot, Paradox of Choice, Peter Thiel, Ponzi scheme, quantitative hedge fund, race to the bottom, Rosa Parks, Salesforce, Second Machine Age, self-driving car, Sheryl Sandberg, short selling, Silicon Valley, Silicon Valley startup, Skype, Snapchat, Steve Jobs, technoutopianism, TED Talk, the long tail, Travis Kalanick, Tyler Cowen, upwardly mobile, warehouse robotics, Whole Earth Catalog, work culture

When the trio began calling British newspaper printers to get quotes on printing Things Our Friends Put on the Internet in 2008, they ran into a problem. Newspaper printing presses were set up to print large quantities of newspapers at once—tens of thousands of copies—and even though these printing plants had been greatly diminished by a decline in newspaper sales, small print runs were uneconomical. They finally found a printer willing to print one thousand copies of Things Our Friends Put on the Internet in 2008, gave a bunch away, and put the rest for sale on their own blogs. Surprisingly, they sold out. The three friends had stumbled on two crucial things that great businesses are made of: a market for a product (custom newspapers), and underused capacity in the industry serving them.


pages: 532 words: 139,706

Googled: The End of the World as We Know It by Ken Auletta

"World Economic Forum" Davos, 23andMe, AltaVista, An Inconvenient Truth, Andy Rubin, Anne Wojcicki, AOL-Time Warner, Apple's 1984 Super Bowl advert, Ben Horowitz, bioinformatics, Burning Man, carbon footprint, citizen journalism, Clayton Christensen, cloud computing, Colonization of Mars, commoditize, company town, corporate social responsibility, creative destruction, death of newspapers, digital rights, disintermediation, don't be evil, facts on the ground, Firefox, Frank Gehry, Google Earth, hypertext link, Innovator's Dilemma, Internet Archive, invention of the telephone, Jeff Bezos, jimmy wales, John Markoff, Kevin Kelly, knowledge worker, Larry Ellison, Long Term Capital Management, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, Mary Meeker, Menlo Park, Network effects, new economy, Nicholas Carr, PageRank, Paul Buchheit, Peter Thiel, Ralph Waldo Emerson, Richard Feynman, Sand Hill Road, Saturday Night Live, semantic web, sharing economy, Sheryl Sandberg, Silicon Valley, Skype, slashdot, social graph, spectrum auction, stealth mode startup, Stephen Hawking, Steve Ballmer, Steve Jobs, strikebreaker, Susan Wojcicki, systems thinking, telemarketer, the Cathedral and the Bazaar, the long tail, the scientific method, The Wisdom of Crowds, Tipper Gore, Upton Sinclair, vertical integration, X Prize, yield management, zero-sum game

By the end of 2005, the company had indexed 8 billion Web pages in 116 languages; its revenues soared to $6.1 billion and its net income to $1.5 billion. Meanwhile, the tide was running against traditional media. In December of 2005, 77 percent of Americans had Internet access at work and 37 percent of all adults had high-speed access to the Internet. The slight but steady decline in newspaper circulation suddenly steepened in 2004 and 2005. The circulation of daily newspapers would plunge 6.3 percent between 2003 and 2006, with Sunday circulation falling 8 percent. Newspaper advertising revenues, which had grown on average in the high single digits since 1950, beginning in 2001 fell in four of the next seven years, and in 2006 began to fall more steeply.


pages: 218 words: 65,422

Better Living Through Criticism: How to Think About Art, Pleasure, Beauty, and Truth by A. O. Scott

barriers to entry, citizen journalism, conceptual framework, death of newspapers, disinformation, Evgeny Morozov, hive mind, Jacob Silverman, Joan Didion, Marshall McLuhan, public intellectual, Ralph Waldo Emerson, sexual politics, sharing economy, social web, subscription business, TED Talk, the scientific method

The critic’s inky, pulpy native habitat, a sometimes mean and shabby place but a home all the same, is threatened, like so much else, by the blindingly rapid rise of digital media, which has already, in a little more than a decade, decisively transformed the world of print and may yet kill it off entirely. Farseeing media mystics and hardheaded business analysts routinely show up on social media, on television, and between hard covers to prophesy the death of newspapers, the evolution of books and magazines into e- and app versions of their former selves, and the imminent obsolescence of all the old ways of doing things. Their visions grow less outlandish and more self-evident every day. There is no question that the world of printed discourse, in which criticism has occupied a small but well-appointed corner, is undergoing enormous change.


pages: 299 words: 19,560

Utopias: A Brief History From Ancient Writings to Virtual Communities by Howard P. Segal

1960s counterculture, Alvin Toffler, Apollo 11, biodiversity loss, British Empire, Buckminster Fuller, complexity theory, David Brooks, death of newspapers, dematerialisation, deskilling, energy security, European colonialism, Evgeny Morozov, Ford Model T, Francis Fukuyama: the end of history, full employment, future of journalism, Future Shock, G4S, garden city movement, germ theory of disease, Golden Gate Park, Herbert Marcuse, Herman Kahn, intentional community, invention of the printing press, Isaac Newton, Jeff Bezos, John Markoff, John von Neumann, Kim Stanley Robinson, knowledge economy, Lewis Mumford, liberation theology, Louis Pasteur, Mark Zuckerberg, mass immigration, means of production, megaproject, Nelson Mandela, Nicholas Carr, Nikolai Kondratiev, One Laptop per Child (OLPC), out of africa, pneumatic tube, post-war consensus, public intellectual, Ralph Waldo Emerson, Ray Kurzweil, Ronald Reagan, Silicon Valley, Skype, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, Stewart Brand, Strategic Defense Initiative, technological determinism, technoutopianism, Thomas Malthus, Thorstein Veblen, transcontinental railway, traveling salesman, union organizing, urban planning, W. E. B. Du Bois, War on Poverty, warehouse robotics, Whole Earth Catalog

Colts, 1958, and the Birth of the Modern NFL (National Football League); Howard Bryant’s The Last Hero: A Life of Henry Aaron; David Maraniss’ Rome 1960: The Olympics that Changed the World; and, boldest of all, Fred Kaplan’s 1959: The Year that Changed Everything. Or, as a Boston Globe columnist wrote in 2005, “This has to be the Golden Age of Apocalyptic Presentiments. The death of newspapers. The death of glaciers. An Atlantic Monthly writer The Resurgence of Utopianism 191 recently speculated on the death of death” because of healthy habits.10 Ironically, a genuine and profound change in the common conceptualization of technology has not been sufficiently appreciated. Whereas throughout most of the twentieth century science and technology were commonly conceived as the solution to widely acknowledged large-scale problems such as poverty, education, irrigation, and water and electrical power, in recent decades science and technology have increasingly come to be viewed as the fulfillment on a small scale of individual needs and desires, ranging from birth control pills to online college degrees to virtual travel to cyberspace relationships.


pages: 284 words: 72,406

Scrum: The Art of Doing Twice the Work in Half the Time by Jeff Sutherland, Jj Sutherland

Abraham Maslow, Baxter: Rethink Robotics, business cycle, call centre, clean water, death of newspapers, fail fast, fundamental attribution error, Kaizen: continuous improvement, knowledge worker, meta-analysis, Milgram experiment, minimum viable product, pets.com, RAND corporation, rent-seeking, Richard Feynman, Rodney Brooks, Salesforce, Shai Danziger, Silicon Valley, Tony Hsieh, Toyota Production System, work culture

Apple famously does this with all their products, often building a dozen fully functioning prototypes before organizing a shoot-out to see which one is the best. This allows different ideas to be expressed quickly without a massive investment. Financial risk is what causes most companies to fail. They’ve built something cool, but they can’t sell it for enough to actually make a profit. A classic example of this is online journalism and the death of the newspaper. When the web first exploded in the nineties, newspapers were eager to get their content on the Internet. Some newspaper chiefs figured that, off-line or on, people would pay to advertise, so they made the content free. The problem, of course, was that advertisers were willing to pay far less money for online ads than print ads.


pages: 313 words: 84,312

We-Think: Mass Innovation, Not Mass Production by Charles Leadbeater

1960s counterculture, Andrew Keen, barriers to entry, bioinformatics, c2.com, call centre, citizen journalism, clean water, cloud computing, complexity theory, congestion charging, death of newspapers, Debian, digital divide, digital Maoism, disruptive innovation, double helix, Douglas Engelbart, Edward Lloyd's coffeehouse, folksonomy, frictionless, frictionless market, future of work, game design, Garrett Hardin, Google Earth, Google X / Alphabet X, Hacker Ethic, Herbert Marcuse, Hernando de Soto, hive mind, Howard Rheingold, interchangeable parts, Isaac Newton, James Watt: steam engine, Jane Jacobs, Jaron Lanier, Jean Tirole, jimmy wales, Johannes Kepler, John Markoff, John von Neumann, Joi Ito, Kevin Kelly, knowledge economy, knowledge worker, lateral thinking, lone genius, M-Pesa, Mark Shuttleworth, Mark Zuckerberg, Marshall McLuhan, Menlo Park, microcredit, Mitch Kapor, new economy, Nicholas Carr, online collectivism, Paradox of Choice, planetary scale, post scarcity, public intellectual, Recombinant DNA, Richard Stallman, Shoshana Zuboff, Silicon Valley, slashdot, social web, software patent, Steven Levy, Stewart Brand, supply-chain management, synthetic biology, the Cathedral and the Bazaar, The Death and Life of Great American Cities, the long tail, the market place, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Thomas Kuhn: the structure of scientific revolutions, Tragedy of the Commons, Whole Earth Catalog, work culture , Yochai Benkler, Zipcar

This view might offer some comfort to people who are worried about the web: we might have more time to get used to the web than we initially thought. The changes it brings might be evolutionary rather than disruptive. Yet if the Edgerton view is correct it would also mean that the changes we have seen in just the first decade of the mass adoption of the web – the complete upheaval in the music recording industry, the savage decline in US newspapers, the disappearance of many youth magazines, the quick creation of new media giants like Google – these might just be the tip of an iceberg. We have another fifty years of change of this kind to come and the scale of the upheavals may be even greater as the technology becomes widely adopted and gains momentum.


pages: 855 words: 178,507

The Information: A History, a Theory, a Flood by James Gleick

Ada Lovelace, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, Albert Einstein, AltaVista, bank run, bioinformatics, Bletchley Park, Brownian motion, butterfly effect, Charles Babbage, citation needed, classic study, Claude Shannon: information theory, clockwork universe, computer age, Computing Machinery and Intelligence, conceptual framework, crowdsourcing, death of newspapers, discovery of DNA, Donald Knuth, double helix, Douglas Hofstadter, en.wikipedia.org, Eratosthenes, Fellow of the Royal Society, Gregor Mendel, Gödel, Escher, Bach, Henri Poincaré, Honoré de Balzac, index card, informal economy, information retrieval, invention of the printing press, invention of writing, Isaac Newton, Jacquard loom, Jaron Lanier, jimmy wales, Johannes Kepler, John von Neumann, Joseph-Marie Jacquard, Lewis Mumford, lifelogging, Louis Daguerre, machine translation, Marshall McLuhan, Menlo Park, microbiome, Milgram experiment, Network effects, New Journalism, Norbert Wiener, Norman Macrae, On the Economy of Machinery and Manufactures, PageRank, pattern recognition, phenotype, Pierre-Simon Laplace, pre–internet, quantum cryptography, Ralph Waldo Emerson, RAND corporation, reversible computing, Richard Feynman, Rubik’s Cube, Simon Singh, Socratic dialogue, Stephen Hawking, Steven Pinker, stochastic process, talking drums, the High Line, The Wisdom of Crowds, transcontinental railway, Turing machine, Turing test, women in the workforce, yottabyte

.♦ In England a writer for The Morning Chronicle described the thrill of receiving his first report across the Cooke-Wheatstone telegraph line, the first instalment of the intelligence by a sudden stir of the stationary needle, and the shrill ring of the alarum. We looked delightedly into the taciturn face of our friend, the mystic dial, and pencilled down with rapidity in our note-book, what were his utterances some ninety miles off.♦ This was contagious. Some worried that the telegraph would be the death of newspapers, heretofore “the rapid and indispensable carrier of commercial, political and other intelligence,”♦ as an American journalist put it. For this purpose the newspapers will become emphatically useless. Anticipated at every point by the lightning wings of the Telegraph, they can only deal in local “items” or abstract speculations.


pages: 244 words: 66,977

Subscribed: Why the Subscription Model Will Be Your Company's Future - and What to Do About It by Tien Tzuo, Gabe Weisert

3D printing, Airbnb, airport security, Amazon Web Services, augmented reality, autonomous vehicles, Big Tech, bike sharing, blockchain, Brexit referendum, Build a better mousetrap, business cycle, business intelligence, business process, call centre, cloud computing, cognitive dissonance, connected car, data science, death of newspapers, digital nomad, digital rights, digital twin, double entry bookkeeping, Elon Musk, factory automation, fake news, fiat currency, Ford Model T, fulfillment center, growth hacking, hockey-stick growth, Internet of things, inventory management, iterative process, Jeff Bezos, John Zimmer (Lyft cofounder), Kevin Kelly, Lean Startup, Lyft, manufacturing employment, Marc Benioff, Mary Meeker, megaproject, minimum viable product, natural language processing, Network effects, Nicholas Carr, nuclear winter, pets.com, planned obsolescence, pneumatic tube, profit maximization, race to the bottom, ride hailing / ride sharing, Salesforce, Sand Hill Road, shareholder value, Silicon Valley, skunkworks, smart meter, social graph, software as a service, spice trade, Steve Ballmer, Steve Jobs, subscription business, systems thinking, tech worker, TED Talk, Tim Cook: Apple, transport as a service, Uber and Lyft, uber lyft, WeWork, Y2K, Zipcar

Meanwhile, airline executives are swapping notes with digital media experts around topics like churn, retention, and customer lifetime value. Train companies are moving beyond thinking about customer segmentation and into thinking about individual customers themselves. Things are becoming unstuck. It’s pretty exciting. CHAPTER 5 COMPANIES FORMERLY KNOWN AS NEWSPAPERS So much for the death of the newspaper industry. A recent Nielsen Scarborough study found that more than 169 million US adults now read newspapers every month, in print, online, or on a mobile device. That’s almost 70 percent of the adult population. According to the latest Reuters Institute Digital News Report, The New York Times, The Wall Street Journal, and The New Yorker all gained hundreds of thousands of new digital subscribers in 2017.


pages: 422 words: 131,666

Life Inc.: How the World Became a Corporation and How to Take It Back by Douglas Rushkoff

Abraham Maslow, Adam Curtis, addicted to oil, affirmative action, Alan Greenspan, Amazon Mechanical Turk, An Inconvenient Truth, anti-globalists, AOL-Time Warner, banks create money, Bear Stearns, benefit corporation, big-box store, Bretton Woods, car-free, Charles Lindbergh, colonial exploitation, Community Supported Agriculture, complexity theory, computer age, congestion pricing, corporate governance, credit crunch, currency manipulation / currency intervention, David Ricardo: comparative advantage, death of newspapers, digital divide, don't be evil, Donald Trump, double entry bookkeeping, easy for humans, difficult for computers, financial innovation, Firefox, full employment, General Motors Futurama, gentrification, Glass-Steagall Act, global village, Google Earth, greed is good, Herbert Marcuse, Howard Rheingold, income per capita, invention of the printing press, invisible hand, Jane Jacobs, John Nash: game theory, joint-stock company, Kevin Kelly, Kickstarter, laissez-faire capitalism, loss aversion, market bubble, market design, Marshall McLuhan, Milgram experiment, military-industrial complex, moral hazard, multilevel marketing, mutually assured destruction, Naomi Klein, negative equity, new economy, New Urbanism, Norbert Wiener, peak oil, peer-to-peer, place-making, placebo effect, planned obsolescence, Ponzi scheme, price mechanism, price stability, principal–agent problem, private military company, profit maximization, profit motive, prosperity theology / prosperity gospel / gospel of success, public intellectual, race to the bottom, RAND corporation, rent-seeking, RFID, road to serfdom, Ronald Reagan, scientific management, short selling, Silicon Valley, Simon Kuznets, social software, Steve Jobs, Telecommunications Act of 1996, telemarketer, The Wealth of Nations by Adam Smith, Thomas L Friedman, too big to fail, trade route, trickle-down economics, union organizing, urban decay, urban planning, urban renewal, Vannevar Bush, vertical integration, Victor Gruen, white flight, working poor, Works Progress Administration, Y2K, young professional, zero-sum game

As an independent publication run by the Bancroft family’s Dow Jones company since 1902, the Journal’s articles described only the process through which Time Warner’s “brands” would be updated, its divisions made more efficient, and its overpaid staff trimmed down. Within a few years, however, it was The Wall Street Journal fending off an unsolicited $5 billion offer from Rupert Murdoch. A pervasive feeling among investors that print publications were imperiled by the Internet had led to a decline in all newspaper stock prices—making the Journal an easy target, even though its website was one of the few profitable online newspaper ventures, earning far more than its print edition. All of a sudden the tables were turned. Editors who had long argued for free-market principles now saw the benefit in keeping a company small and independent—especially after it had gained over a hundred years of reputation and competency in its field.


pages: 122 words: 38,022

pages: 788 words: 223,004

Merchants of Truth: The Business of News and the Fight for Facts by Jill Abramson

"World Economic Forum" Davos, 23andMe, 4chan, Affordable Care Act / Obamacare, Alexander Shulgin, Apple's 1984 Super Bowl advert, barriers to entry, Bernie Madoff, Bernie Sanders, Big Tech, Black Lives Matter, Cambridge Analytica, Charles Lindbergh, Charlie Hebdo massacre, Chelsea Manning, citizen journalism, cloud computing, commoditize, content marketing, corporate governance, creative destruction, crowdsourcing, data science, death of newspapers, digital twin, diversified portfolio, Donald Trump, East Village, Edward Snowden, fake news, Ferguson, Missouri, Filter Bubble, future of journalism, glass ceiling, Google Glasses, haute couture, hive mind, income inequality, information asymmetry, invisible hand, Jeff Bezos, Joseph Schumpeter, Khyber Pass, late capitalism, Laura Poitras, Marc Andreessen, Mark Zuckerberg, move fast and break things, Nate Silver, new economy, obamacare, Occupy movement, Paris climate accords, performance metric, Peter Thiel, phenotype, pre–internet, race to the bottom, recommendation engine, Robert Mercer, Ronald Reagan, Saturday Night Live, self-driving car, sentiment analysis, Sheryl Sandberg, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, skunkworks, Snapchat, social contagion, social intelligence, social web, SoftBank, Steve Bannon, Steve Jobs, Steven Levy, tech billionaire, technoutopianism, telemarketer, the scientific method, The Wisdom of Crowds, Tim Cook: Apple, too big to fail, vertical integration, WeWork, WikiLeaks, work culture , Yochai Benkler, you are the product

Clay Shirky, a journalism professor at New York University, wrote an influential article called “Newspapers and Thinking the Unthinkable.” The unthinkable was the total disappearance of the printed product, but Shirky had a decidedly different point of view on that. He argued that as long as journalism itself survived, the eventual death of newspapers would not be a tragedy. He saw the birth of the internet as a profound and exciting revolution that, akin to Gutenberg’s introduction of the printing press in the 15th century, democratized the flow of information. He chastised newspaper publishers for refusing to see the futility of their old business model and urged them to innovate digitally instead of singing the same old song of “You’ll miss us when we’re gone.”


The Internet Trap: How the Digital Economy Builds Monopolies and Undermines Democracy by Matthew Hindman

A Declaration of the Independence of Cyberspace, accounting loophole / creative accounting, activist fund / activist shareholder / activist investor, AltaVista, Amazon Web Services, barriers to entry, Benjamin Mako Hill, bounce rate, business logic, Cambridge Analytica, cloud computing, computer vision, creative destruction, crowdsourcing, David Ricardo: comparative advantage, death of newspapers, deep learning, DeepMind, digital divide, discovery of DNA, disinformation, Donald Trump, fake news, fault tolerance, Filter Bubble, Firefox, future of journalism, Ida Tarbell, incognito mode, informal economy, information retrieval, invention of the telescope, Jeff Bezos, John Perry Barlow, John von Neumann, Joseph Schumpeter, lake wobegon effect, large denomination, longitudinal study, loose coupling, machine translation, Marc Andreessen, Mark Zuckerberg, Metcalfe’s law, natural language processing, Netflix Prize, Network effects, New Economic Geography, New Journalism, pattern recognition, peer-to-peer, Pepsi Challenge, performance metric, power law, price discrimination, recommendation engine, Robert Metcalfe, search costs, selection bias, Silicon Valley, Skype, sparse data, speech recognition, Stewart Brand, surveillance capitalism, technoutopianism, Ted Nelson, The Chicago School, the long tail, The Soul of a New Machine, Thomas Malthus, web application, Whole Earth Catalog, Yochai Benkler


pages: 232 words: 60,093

Makeshift Metropolis: Ideas About Cities by Witold Rybczynski

benefit corporation, big-box store, carbon footprint, Celebration, Florida, City Beautiful movement, classic study, company town, cross-subsidies, David Brooks, death of newspapers, deindustrialization, edge city, Edward Glaeser, fixed income, Frank Gehry, garden city movement, General Motors Futurama, gentrification, global village, Guggenheim Bilbao, Jane Jacobs, Lewis Mumford, megaproject, megastructure, New Urbanism, Peter Eisenman, Seaside, Florida, The Death and Life of Great American Cities, upwardly mobile, urban planning, urban renewal, urban sprawl, Victor Gruen, working poor, Works Progress Administration, young professional

But the long-term effects of new technologies are often unpredictable. The telephone is, on the face of it, a decentralizing device. Yet telephone communication made working in high-rise office buildings practicable, which in turn produced the concentrated central business district. When people started commuting in cars, an unexpected fallout was the death of the evening newspaper, which used to be read on the streetcar trip home. People couldn’t read in their cars, but they could listen to the radio, and that moribund medium found new life. Who could have foreseen that the combination of car radios and cellular phones would give rise to a new format, talk radio, and a new and potent political force, the talk-radio host?


pages: 380 words: 109,724

Don't Be Evil: How Big Tech Betrayed Its Founding Principles--And All of US by Rana Foroohar

"Susan Fowler" uber, "World Economic Forum" Davos, accounting loophole / creative accounting, Airbnb, Alan Greenspan, algorithmic bias, algorithmic management, AltaVista, Andy Rubin, autonomous vehicles, banking crisis, barriers to entry, behavioural economics, Bernie Madoff, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, book scanning, Brewster Kahle, Burning Man, call centre, Cambridge Analytica, cashless society, clean tech, cloud computing, cognitive dissonance, Colonization of Mars, computer age, corporate governance, creative destruction, Credit Default Swap, cryptocurrency, data is the new oil, data science, deal flow, death of newspapers, decentralized internet, Deng Xiaoping, digital divide, digital rights, disinformation, disintermediation, don't be evil, Donald Trump, drone strike, Edward Snowden, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, Etonian, Evgeny Morozov, fake news, Filter Bubble, financial engineering, future of work, Future Shock, game design, gig economy, global supply chain, Gordon Gekko, Great Leap Forward, greed is good, income inequality, independent contractor, informal economy, information asymmetry, intangible asset, Internet Archive, Internet of things, invisible hand, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, junk bonds, Kenneth Rogoff, life extension, light touch regulation, low interest rates, Lyft, Mark Zuckerberg, Marshall McLuhan, Martin Wolf, Menlo Park, military-industrial complex, move fast and break things, Network effects, new economy, offshore financial centre, PageRank, patent troll, Paul Volcker talking about ATMs, paypal mafia, Peter Thiel, pets.com, price discrimination, profit maximization, race to the bottom, recommendation engine, ride hailing / ride sharing, Robert Bork, Sand Hill Road, search engine result page, self-driving car, shareholder value, sharing economy, Sheryl Sandberg, Shoshana Zuboff, side hustle, Sidewalk Labs, Silicon Valley, Silicon Valley startup, smart cities, Snapchat, SoftBank, South China Sea, sovereign wealth fund, Steve Bannon, Steve Jobs, Steven Levy, stock buybacks, subscription business, supply-chain management, surveillance capitalism, TaskRabbit, tech billionaire, tech worker, TED Talk, Telecommunications Act of 1996, The Chicago School, the long tail, the new new thing, Tim Cook: Apple, too big to fail, Travis Kalanick, trickle-down economics, Uber and Lyft, Uber for X, uber lyft, Upton Sinclair, warehouse robotics, WeWork, WikiLeaks, zero-sum game

While I didn’t write about this episode myself at the time, there were a variety of articles published detailing various parts of the meeting, including Hannah Clark’s piece “The Google Guys In Davos” (Forbes, January 26, 2007), as well as one from the Financial Times’s Andrew Edgecliffe-Johnson, with whom I now work (“The Exaggerated Reports of the Death of the Newspaper,” Financial Times, March 30, 2007). 4. Sheila Dang, “Google, Facebook Have Tight Grip on Growing US Online Ad Market,” Reuters, June 5, 2019. 5. Keach Hagey, Lukas I. Alpert, and Yaryna Serkez, “In News Industry, a Stark Divide Between Haves and Have-Nots,” The Wall Street Journal, May 4, 2019. 6.


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With a Little Help by Cory Efram Doctorow, Jonathan Coulton, Russell Galen

autonomous vehicles, big-box store, Burning Man, call centre, carbon credits, carbon footprint, carbon tax, death of newspapers, don't be evil, game design, Google Earth, high net worth, lifelogging, lolcat, margin call, Mark Shuttleworth, offshore financial centre, packet switching, Ponzi scheme, reality distortion field, rolodex, Sand Hill Road, sensible shoes, skunkworks, Skype, traffic fines, traveling salesman, Turing test, urban planning, Y2K

The problem is, every now and then there's an unanticipated seismic shift in the world, something that changes everything and creates a corner we can't see around. The most recent of these was the potent combination of digital information and global connectivity that transformed the end of the 20th century. I like to call it "The Internet," and mark my words, it's going to be very big. The struggling record industry, the death of the newspaper, the rise of LOLCats - these are just warning shots. Everything is going to get swallowed up eventually, and it's all going to get loud and messy and complicated. Forget space travel, this is the future we need to imagine now, and quickly, before it overtakes us. 29 Luckily, we have Cory Doctorow; he thinks about the Internet, a lot.


pages: 579 words: 160,351

Breaking News: The Remaking of Journalism and Why It Matters Now by Alan Rusbridger

"World Economic Forum" Davos, accounting loophole / creative accounting, Airbnb, Andy Carvin, banking crisis, Bellingcat, Bernie Sanders, Bletchley Park, Boris Johnson, Brexit referendum, Cambridge Analytica, centre right, Chelsea Manning, citizen journalism, country house hotel, cross-subsidies, crowdsourcing, data science, David Attenborough, David Brooks, death of newspapers, Donald Trump, Doomsday Book, Double Irish / Dutch Sandwich, Downton Abbey, Edward Snowden, Etonian, Evgeny Morozov, fake news, Filter Bubble, folksonomy, forensic accounting, Frank Gehry, future of journalism, G4S, high net worth, information security, invention of movable type, invention of the printing press, Jeff Bezos, jimmy wales, Julian Assange, Large Hadron Collider, Laura Poitras, Mark Zuckerberg, Mary Meeker, Menlo Park, natural language processing, New Journalism, offshore financial centre, oil shale / tar sands, open borders, packet switching, Panopticon Jeremy Bentham, post-truth, pre–internet, ransomware, recommendation engine, Ruby on Rails, sexual politics, Silicon Valley, Skype, Snapchat, social web, Socratic dialogue, sovereign wealth fund, speech recognition, Steve Bannon, Steve Jobs, the long tail, The Wisdom of Crowds, Tim Cook: Apple, traveling salesman, upwardly mobile, WikiLeaks, Yochai Benkler

There would have to be less emphasis on ‘hard news’ and more on entertainment and syndicated features. An Enders chart showed newspaper circulations declining steadily through to 2028, by which time some of them were close to hitting the ground. Enders noted that newspapers had been on a frantic buying spree trying to snap up ready-made websites that could make up for the decline in print advertising. Regional newspapers alone had splashed out £400 million in 18 months trying to get new footholds in car, property or jobs advertising. But they were ambivalent about the new opportunities – simultaneously reluctant to let go of a world in which they could charge £5,000 a page in favour of the £400 equivalent online.


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The Wizard of Menlo Park: How Thomas Alva Edison Invented the Modern World by Randall E. Stross

Albert Einstein, centralized clearinghouse, Charles Lindbergh, cotton gin, death of newspapers, distributed generation, East Village, Ford Model T, Ford paid five dollars a day, I think there is a world market for maybe five computers, interchangeable parts, Isaac Newton, Livingstone, I presume, Marshall McLuhan, Menlo Park, plutocrats, Saturday Night Live, side project, Silicon Valley, Steve Jobs, Steven Levy, urban renewal, vertical integration, world market for maybe five computers

He was the same medical authority who years before had said that clothing that pinched was literally a killer: “Pressure ANYWHERE means that a certain part of your body is deprived of its natural flood. And starvation and death begin where the body is pressed and choked.” The theories did not protect him from kidney failure. In August 1931, he collapsed in his living room and spent ten days near death, while a battalion of newspaper reporters turned Glenmont’s ten-car garage into a pressroom. He moved out of immediate danger, but his energy had disappeared and familiar routines were abandoned. By October, he was too weak to leave bed and remained “mentally drowsy,” according to his doctor; he passed in and out of a coma and hovered on the edge of death for two weeks.


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The Content Trap: A Strategist's Guide to Digital Change by Bharat Anand

Airbnb, Alan Greenspan, An Inconvenient Truth, AOL-Time Warner, Benjamin Mako Hill, Bernie Sanders, Clayton Christensen, cloud computing, commoditize, correlation does not imply causation, creative destruction, crowdsourcing, death of newspapers, disruptive innovation, Donald Trump, driverless car, electricity market, Eyjafjallajökull, fulfillment center, gamification, Google Glasses, Google X / Alphabet X, information asymmetry, Internet of things, inventory management, Jean Tirole, Jeff Bezos, John Markoff, Just-in-time delivery, Kaizen: continuous improvement, Khan Academy, Kickstarter, late fees, managed futures, Mark Zuckerberg, market design, Minecraft, multi-sided market, Network effects, post-work, price discrimination, publish or perish, QR code, recommendation engine, ride hailing / ride sharing, Salesforce, selection bias, self-driving car, shareholder value, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Silicon Valley startup, Skype, social graph, social web, special economic zone, Stephen Hawking, Steve Jobs, Steven Levy, Stuart Kauffman, the long tail, Thomas L Friedman, transaction costs, two-sided market, ubercab, vertical integration, WikiLeaks, winner-take-all economy, zero-sum game

It is interactive and searchable. It’s hard to think of another product where the digital version seems so vastly superior. Clearly, these factors are the reason for the havoc wreaked on the news industry. Except that they aren’t. The real story is different. Figure 2 shows the steady decline over time in U.S. newspaper readership by household. Figure 2: U.S. Newspaper Circulation per Household over Time. (Google’s chief economist, Hal Varian, constructed these data from Newspaper Association of America circulation figures for all U.S. newspapers.) The decline is sobering and perhaps unsurprising in light of the Internet.

Although per-household readership declined during the 1950s, ’60s, and ’70s, overall population grew; then when population growth slowed beginning in the 1980s, so did aggregate newspaper readership. Even then, things weren’t so bad: Many newspapers increased their prices, offsetting the decline in readership. For the top twenty-five newspapers, prices increased by an average of 50 percent in real terms during the past two decades, causing circulation revenues to increase between 1994 and 2012, even as readership fell. So fixed costs aren’t the culprit; it must be something else. That brings us to a subtler but far more important problem, one that has to do with connections, not content or cost structure.


The Great Turning: From Empire to Earth Community by David C. Korten

Abraham Maslow, Albert Einstein, banks create money, big-box store, Bretton Woods, British Empire, business cycle, clean water, colonial rule, Community Supported Agriculture, death of newspapers, declining real wages, different worldview, digital divide, European colonialism, Francisco Pizarro, full employment, George Gilder, global supply chain, global village, God and Mammon, Hernando de Soto, Howard Zinn, informal economy, intentional community, Intergovernmental Panel on Climate Change (IPCC), invisible hand, joint-stock company, land reform, market bubble, market fundamentalism, Monroe Doctrine, Naomi Klein, neoliberal agenda, new economy, peak oil, planetary scale, plutocrats, Project for a New American Century, Ronald Reagan, Rosa Parks, sexual politics, shared worldview, social intelligence, source of truth, South Sea Bubble, stem cell, structural adjustment programs, The Chicago School, trade route, Washington Consensus, wealth creators, World Values Survey

Television was transforming how people used their time and related to the world. Beginning about 1960, passive forms of participation in public life began displacing more active forms. People were patronizing Wake-Up Call 219 fast-food outlets, professional sporting events, and gambling casinos with greater frequency. There were corresponding declines in voter participation, newspaper readership, Parent Teacher Association membership, union membership, frequency of family meals, philanthropic giving, and perceptions of honesty and morality.3 Relationships among people were not so much changing as simply eroding. People were feeling increasingly vulnerable and disconnected.


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The Future of the Professions: How Technology Will Transform the Work of Human Experts by Richard Susskind, Daniel Susskind

23andMe, 3D printing, Abraham Maslow, additive manufacturing, AI winter, Albert Einstein, Amazon Mechanical Turk, Amazon Robotics, Amazon Web Services, Andrew Keen, Atul Gawande, Automated Insights, autonomous vehicles, Big bang: deregulation of the City of London, big data - Walmart - Pop Tarts, Bill Joy: nanobots, Blue Ocean Strategy, business process, business process outsourcing, Cass Sunstein, Checklist Manifesto, Clapham omnibus, Clayton Christensen, clean water, cloud computing, commoditize, computer age, Computer Numeric Control, computer vision, Computing Machinery and Intelligence, conceptual framework, corporate governance, creative destruction, crowdsourcing, Daniel Kahneman / Amos Tversky, data science, death of newspapers, disintermediation, Douglas Hofstadter, driverless car, en.wikipedia.org, Erik Brynjolfsson, Evgeny Morozov, Filter Bubble, full employment, future of work, Garrett Hardin, Google Glasses, Google X / Alphabet X, Hacker Ethic, industrial robot, informal economy, information retrieval, interchangeable parts, Internet of things, Isaac Newton, James Hargreaves, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Khan Academy, knowledge economy, Large Hadron Collider, lifelogging, lump of labour, machine translation, Marshall McLuhan, Metcalfe’s law, Narrative Science, natural language processing, Network effects, Nick Bostrom, optical character recognition, Paul Samuelson, personalized medicine, planned obsolescence, pre–internet, Ray Kurzweil, Richard Feynman, Second Machine Age, self-driving car, semantic web, Shoshana Zuboff, Skype, social web, speech recognition, spinning jenny, strong AI, supply-chain management, Susan Wojcicki, tacit knowledge, TED Talk, telepresence, The Future of Employment, the market place, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, Tragedy of the Commons, transaction costs, Turing test, Two Sigma, warehouse robotics, Watson beat the top human players on Jeopardy!, WikiLeaks, world market for maybe five computers, Yochai Benkler, young professional

Total workforce data from American Society of News Editors <http://asne.org/> (accessed 7 March 2015). 176 ‘The Late Edition’, Economist, 26 Apr. 2014. 177 George Brock, Out of Print: Newspapers, Journalism, and the Business of News in the Digital Age (2013), 149. 178 ‘Internet Overtakes Newspapers as News Outlet’, Pew Research Center, 23 Dec. 2008 <http://www.people-press.org> (accessed 7 March 2015). 179 Andrea Caumot, ‘12 trends shaping digital news’, Pew Research Center, 16 Oct. 2013 <http://www.pewresearch.org> (accessed 7 March 2015). 180 ‘Internet Access—Households and Individuals 2014’, Office for National Statistics, 7 Aug. 2014 <http://www.ons.gov.uk/ons/index.html> (accessed 7 March 2015). 181 ‘The Internet Economy on the Rise: Progress since the Seoul Declaration’, OECD, Sept. 2013. 182 ‘Digital News Report 2014’, Reuters Institute for the Study of Journalism <http://www.digitalnewsreport.org> (accessed 7 March 2015). 183 Eric Alterman, ‘Out of Print: The Death and Life of the American Newspaper’, New Yorker, 31 Mar. 2008. 184 ‘The Late Edition’, Economist, 26 Apr. 2014. 185 ‘Amid Criticism, Support for Media’s “Watchdog” Role Stands Out’, Pew Research Center, 8 Aug. 2013 <http://www.pewresearch.org > (accessed 7 March 2015). 186 Clay Shirky, ‘Last Call: The End of the Printed Newspaper’, Medium, 19 Aug. 2015 <https://medium.com> (accessed 7 March 2015). 187 The Evening Standard in London, for example, was making annual losses of £30 million before 2009.

Allen, Woody, ‘Mechanical Objects’, Standup Comic, 1964–1968, transcript at <http://www.ibras.dk/comedy/allen.htm#Mechs> (accessed 23 March 2015). Alloway, Tracy, and Arash Massoudi, ‘Goldman Sachs leads $15m financing of data service for investors’, Financial Times, 23 Nov. 2014 <http://www.ft.com> (accessed 8 March 2015). Alterman, Eric, ‘Out of Print: The Death and Life of the American Newspaper’, New Yorker, 31 Mar. 2008. Andersen, Erika, ‘Why Writing a Book is Good Business’, Forbes, 12 Oct. 2012 <http://www.forbes.com> (accessed 8 March 2015). Andersen, Michael, ‘Four crowdsourcing lessons from the Guardian’s (spectacular) expenses-scandal experiment’, NiemanLab, 23 June 2009 <http://www.niemanlab.org> (accessed 8 March 2015).


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The Hype Machine: How Social Media Disrupts Our Elections, Our Economy, and Our Health--And How We Must Adapt by Sinan Aral

Airbnb, Albert Einstein, algorithmic bias, AlphaGo, Any sufficiently advanced technology is indistinguishable from magic, AOL-Time Warner, augmented reality, behavioural economics, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, Cambridge Analytica, carbon footprint, Cass Sunstein, computer vision, contact tracing, coronavirus, correlation does not imply causation, COVID-19, crowdsourcing, cryptocurrency, data science, death of newspapers, deep learning, deepfake, digital divide, digital nomad, disinformation, disintermediation, Donald Trump, Drosophila, Edward Snowden, Elon Musk, en.wikipedia.org, end-to-end encryption, Erik Brynjolfsson, experimental subject, facts on the ground, fake news, Filter Bubble, George Floyd, global pandemic, hive mind, illegal immigration, income inequality, Kickstarter, knowledge worker, lockdown, longitudinal study, low skilled workers, Lyft, Mahatma Gandhi, Mark Zuckerberg, Menlo Park, meta-analysis, Metcalfe’s law, mobile money, move fast and break things, multi-sided market, Nate Silver, natural language processing, Neal Stephenson, Network effects, performance metric, phenotype, recommendation engine, Robert Bork, Robert Shiller, Russian election interference, Second Machine Age, seminal paper, sentiment analysis, shareholder value, Sheryl Sandberg, skunkworks, Snapchat, social contagion, social distancing, social graph, social intelligence, social software, social web, statistical model, stem cell, Stephen Hawking, Steve Bannon, Steve Jobs, Steve Jurvetson, surveillance capitalism, Susan Wojcicki, Telecommunications Act of 1996, The Chicago School, the strength of weak ties, The Wisdom of Crowds, theory of mind, TikTok, Tim Cook: Apple, Uber and Lyft, uber lyft, WikiLeaks, work culture , Yogi Berra


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The Rich and the Rest of Us by Tavis Smiley

"there is no alternative" (TINA), affirmative action, Affordable Care Act / Obamacare, An Inconvenient Truth, back-to-the-land, benefit corporation, Bernie Madoff, Bernie Sanders, Buckminster Fuller, Corrections Corporation of America, Credit Default Swap, death of newspapers, deindustrialization, ending welfare as we know it, F. W. de Klerk, fixed income, full employment, housing crisis, Howard Zinn, income inequality, job automation, liberation theology, Mahatma Gandhi, mass incarceration, mega-rich, military-industrial complex, Nelson Mandela, new economy, obamacare, Occupy movement, plutocrats, profit motive, Ralph Waldo Emerson, Ronald Reagan, shareholder value, Silicon Valley, Steve Jobs, traffic fines, trickle-down economics, War on Poverty, We are the 99%, white flight, women in the workforce, working poor

Inspired by religious convictions and a sense of moral obligation, the agencies were much more than institutions for the destitute. Settlement house leaders became vocal and visible advocates for social-welfare reform, arguing that poverty was not necessarily a character flaw but rather a state of being agitated by multiple factors—slave wages, disease, and the death of a spouse. Advocates challenged newspapers’ attacks on the poor and took on Industrial Age barons accused of exploiting women and children in sweat shops, factories, and mines. In a sense, settlements houses were early America’s think tanks, where recruiting, training, researching, and policy-setting were incorporated into everyday activities.



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Makers by Chris Anderson

3D printing, Airbnb, Any sufficiently advanced technology is indistinguishable from magic, Apple II, autonomous vehicles, barriers to entry, Buckminster Fuller, Build a better mousetrap, business process, carbon tax, commoditize, company town, Computer Numeric Control, crowdsourcing, dark matter, David Ricardo: comparative advantage, deal flow, death of newspapers, dematerialisation, digital capitalism, DIY culture, drop ship, Elon Musk, factory automation, Firefox, Ford Model T, future of work, global supply chain, global village, hockey-stick growth, hype cycle, IKEA effect, industrial robot, interchangeable parts, Internet of things, inventory management, James Hargreaves, James Watt: steam engine, Jeff Bezos, job automation, Joseph Schumpeter, Kickstarter, Lean Startup, manufacturing employment, Mark Zuckerberg, means of production, Menlo Park, Neal Stephenson, Network effects, planned obsolescence, private spaceflight, profit maximization, QR code, race to the bottom, Richard Feynman, Ronald Coase, Rubik’s Cube, Scaled Composites, self-driving car, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley startup, Skype, slashdot, South of Market, San Francisco, SpaceShipOne, spinning jenny, Startup school, stem cell, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, supply-chain management, the long tail, The Nature of the Firm, The Wealth of Nations by Adam Smith, TikTok, Tragedy of the Commons, transaction costs, trickle-down economics, vertical integration, Virgin Galactic, Whole Earth Catalog, X Prize, Y Combinator


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What Would Google Do? by Jeff Jarvis

"World Economic Forum" Davos, 23andMe, Amazon Mechanical Turk, Amazon Web Services, Anne Wojcicki, AOL-Time Warner, barriers to entry, Berlin Wall, bike sharing, business process, call centre, carbon tax, cashless society, citizen journalism, clean water, commoditize, connected car, content marketing, credit crunch, crowdsourcing, death of newspapers, different worldview, disintermediation, diversified portfolio, don't be evil, Dunbar number, fake news, fear of failure, Firefox, future of journalism, G4S, Golden age of television, Google Earth, Googley, Howard Rheingold, informal economy, inventory management, Jeff Bezos, jimmy wales, John Perry Barlow, Kevin Kelly, Marc Benioff, Mark Zuckerberg, moral hazard, Network effects, new economy, Nicholas Carr, old-boy network, PageRank, peer-to-peer lending, post scarcity, prediction markets, pre–internet, Ronald Coase, Salesforce, search inside the book, Sheryl Sandberg, Silicon Valley, Skype, social graph, social software, social web, spectrum auction, speech recognition, Steve Jobs, the long tail, the medium is the message, The Nature of the Firm, the payments system, The Wisdom of Crowds, transaction costs, web of trust, WikiLeaks, Y Combinator, Zipcar

The blockbuster strategy always was a gamble; as it continues, it is a bigger gamble than ever. The mass market’s hold over the economy diminishes. The mass market was a short-lived phenomenon. It began with the large-scale adoption of television in the mid-1950s—and the consequent death of second and third newspapers in most American cities, yielding one-size-fits-all mass products in both broadcast and print. It was in the mid-1980s, in the age of the remote control, that I became the TV critic at People magazine, the last great mass magazine launched in America. In its first decade, the magazine was pretty much a piece of cake to run: Put a star in a big show on the cover and watch it sell.


pages: 218 words: 67,930

Me! Me! Me! by Daniel Ruiz Tizon

Bob Geldof, death of newspapers, gentrification, housing crisis, Live Aid, Stephen Hawking, young professional

With her dad being a large, powerfully built man whose knuckles alone were almost equal in size to my hands, this was a rather unnerving thought. I’d lay awake at night visualising him slapping me around like a rag doll at the service as he screamed at me to look at the open topped casket. I became paranoid, poring over the Births, Deaths and Marriages sections of local newspapers on a weekly basis for any news, barging my way through the crowds at any road accident to make sure the stricken pedestrian wasn't my ex. Relationship experts say that last year alone saw the highest number of break ups in 12 years, with a staggering 27% of those coming via, yes, you guessed it, text.


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The Revolt of the Public and the Crisis of Authority in the New Millennium by Martin Gurri

Affordable Care Act / Obamacare, Alan Greenspan, Albert Einstein, anti-communist, Arthur Eddington, Ayatollah Khomeini, bitcoin, Black Monday: stock market crash in 1987, Black Swan, Burning Man, business cycle, citizen journalism, Climategate, Climatic Research Unit, collective bargaining, creative destruction, crowdsourcing, currency manipulation / currency intervention, dark matter, David Graeber, death of newspapers, disinformation, Eddington experiment, en.wikipedia.org, Erik Brynjolfsson, facts on the ground, Francis Fukuyama: the end of history, Frederick Winslow Taylor, full employment, Great Leap Forward, housing crisis, income inequality, Intergovernmental Panel on Climate Change (IPCC), invention of writing, job-hopping, military-industrial complex, Mohammed Bouazizi, Nate Silver, Occupy movement, Port of Oakland, Republic of Letters, Ronald Reagan, scientific management, Skype, Steve Jobs, the scientific method, The Signal and the Noise by Nate Silver, too big to fail, traveling salesman, University of East Anglia, urban renewal, War on Poverty, We are the 99%, WikiLeaks, Yochai Benkler, young professional

The Revolt of the Public And The Crisis of Authority in the New Millennium By Martin Gurri Text Copyright © 2014 Martin Gurri All Rights Reserved Table of Contents Chapter 1 Prelude to a Turbulent Age Chapter 2 Hoder and Wael Ghonim Chapter 3 My Thesis Chapter 4 What the Public Is Not Chapter 5 Phase Change 2011 Chapter 6 A Crisis of Authority Chapter 7 The Failure of Government Chapter 8 Nihilism and Democracy Chapter 9 Choices and Systems Chapter 10 Finale for Skeptics Bibliography About the Author Chapter 1 Prelude to a Turbulent Age Can there be a connection between online universities and the serial insurgencies which, in media noise and human blood, have rocked the Arab Middle East? I contend that there is. And the list of unlikely connections can easily be expanded. It includes the ever faster churning of companies in and out of the S&P 500, the death of news and the newspaper, the failure of established political parties, the imperial advance across the globe by Facebook and Google, and the near-universal spread of the mobile phone. Should anyone care about this tangle of bizarre connections? Only if you care how you are governed: the story I am about to tell concerns above all a crisis of that monstrous messianic machine, the modern government.


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The Formula: How Algorithms Solve All Our Problems-And Create More by Luke Dormehl

3D printing, algorithmic bias, algorithmic trading, Alvin Toffler, Any sufficiently advanced technology is indistinguishable from magic, augmented reality, big data - Walmart - Pop Tarts, call centre, Cass Sunstein, classic study, Clayton Christensen, commoditize, computer age, death of newspapers, deferred acceptance, disruptive innovation, Edward Lorenz: Chaos theory, Erik Brynjolfsson, Evgeny Morozov, Filter Bubble, Flash crash, Florence Nightingale: pie chart, Ford Model T, Frank Levy and Richard Murnane: The New Division of Labor, fulfillment center, Google Earth, Google Glasses, High speed trading, Internet Archive, Isaac Newton, Jaron Lanier, Jeff Bezos, job automation, John Markoff, Kevin Kelly, Kodak vs Instagram, Lewis Mumford, lifelogging, machine readable, machine translation, Marshall McLuhan, means of production, Nate Silver, natural language processing, Netflix Prize, Panopticon Jeremy Bentham, Paradox of Choice, pattern recognition, price discrimination, recommendation engine, Richard Thaler, Rosa Parks, scientific management, self-driving car, sentiment analysis, Silicon Valley, Silicon Valley startup, Slavoj Žižek, social graph, speech recognition, stable marriage problem, Steve Jobs, Steven Levy, Steven Pinker, Stewart Brand, technological determinism, technological solutionism, TED Talk, the long tail, the scientific method, The Signal and the Noise by Nate Silver, upwardly mobile, Wall-E, Watson beat the top human players on Jeopardy!, Y Combinator


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The End of Big: How the Internet Makes David the New Goliath by Nicco Mele

4chan, A Declaration of the Independence of Cyberspace, Airbnb, Amazon Web Services, Andy Carvin, Any sufficiently advanced technology is indistinguishable from magic, Apple's 1984 Super Bowl advert, barriers to entry, Berlin Wall, big-box store, bitcoin, bread and circuses, business climate, call centre, Cass Sunstein, centralized clearinghouse, Chelsea Manning, citizen journalism, cloud computing, collaborative consumption, collaborative editing, commoditize, Computer Lib, creative destruction, crony capitalism, cross-subsidies, crowdsourcing, David Brooks, death of newspapers, disruptive innovation, Donald Trump, Douglas Engelbart, Douglas Engelbart, en.wikipedia.org, Evgeny Morozov, Exxon Valdez, Fall of the Berlin Wall, Filter Bubble, Firefox, global supply chain, Google Chrome, Gordon Gekko, Hacker Ethic, Ian Bogost, Jaron Lanier, Jeff Bezos, jimmy wales, John Markoff, John Perry Barlow, Julian Assange, Kevin Kelly, Khan Academy, Kickstarter, Lean Startup, lolcat, machine readable, Mark Zuckerberg, military-industrial complex, minimum viable product, Mitch Kapor, Mohammed Bouazizi, Mother of all demos, Narrative Science, new economy, Occupy movement, off-the-grid, old-boy network, One Laptop per Child (OLPC), peer-to-peer, period drama, Peter Thiel, pirate software, public intellectual, publication bias, Robert Metcalfe, Ronald Reagan, Ronald Reagan: Tear down this wall, satellite internet, Seymour Hersh, sharing economy, Silicon Valley, Skype, social web, Steve Jobs, Steve Wozniak, Stewart Brand, Stuxnet, Ted Nelson, Ted Sorensen, Telecommunications Act of 1996, telemarketer, the Cathedral and the Bazaar, the long tail, The Wisdom of Crowds, transaction costs, uranium enrichment, Whole Earth Catalog, WikiLeaks, Zipcar

In each of these previous events, professional journalists working in the mainstream media played a crucial and even iconic role in delivering and distributing the news to a mass audience. In the case of President Kennedy’s assassination, Walter Cronkite’s broadcasts on CBS News came to stand as a shared cultural experience for millions of Americans. Who was not moved watching the great journalist choke up while announcing the president’s death? The names of two respected newspaper journalists—Bob Woodward and Carl Bernstein—likewise became indelibly linked to the Watergate scandal. Network television footage of crowds at the Berlin Wall in the darkness of November 9, 1989, provided unforgettable, collective images of the end of the Cold War, echoing President Reagan’s powerful rhetoric a few years earlier: “Mr.


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Everything Is Obvious: *Once You Know the Answer by Duncan J. Watts

"World Economic Forum" Davos, active measures, affirmative action, Albert Einstein, Amazon Mechanical Turk, AOL-Time Warner, Bear Stearns, behavioural economics, Black Swan, business cycle, butterfly effect, carbon credits, Carmen Reinhart, Cass Sunstein, clockwork universe, cognitive dissonance, coherent worldview, collapse of Lehman Brothers, complexity theory, correlation does not imply causation, crowdsourcing, death of newspapers, discovery of DNA, East Village, easy for humans, difficult for computers, edge city, en.wikipedia.org, Erik Brynjolfsson, framing effect, Future Shock, Geoffrey West, Santa Fe Institute, George Santayana, happiness index / gross national happiness, Herman Kahn, high batting average, hindsight bias, illegal immigration, industrial cluster, interest rate swap, invention of the printing press, invention of the telescope, invisible hand, Isaac Newton, Jane Jacobs, Jeff Bezos, Joseph Schumpeter, Kenneth Rogoff, lake wobegon effect, Laplace demon, Long Term Capital Management, loss aversion, medical malpractice, meta-analysis, Milgram experiment, natural language processing, Netflix Prize, Network effects, oil shock, packet switching, pattern recognition, performance metric, phenotype, Pierre-Simon Laplace, planetary scale, prediction markets, pre–internet, RAND corporation, random walk, RFID, school choice, Silicon Valley, social contagion, social intelligence, statistical model, Steve Ballmer, Steve Jobs, Steve Wozniak, supply-chain management, tacit knowledge, The Death and Life of Great American Cities, the scientific method, The Wisdom of Crowds, too big to fail, Toyota Production System, Tragedy of the Commons, ultimatum game, urban planning, Vincenzo Peruggia: Mona Lisa, Watson beat the top human players on Jeopardy!, X Prize

Adler, Moshe. 1985. “Stardom and Talent.” American Economic Review 75 (1):208–12. Alicke, Mark D., and Olesya Govorun. 2005. “The Better-Than-Average Effect.” In The Self in Social Judgment, ed. M. D. Alicke, D. A. Dunning, and J. I. Krueger. 85–106. Alterman, Eric. 2008. “Out of Print: The Death and Life of the American Newspaper.” The New Yorker, March 31. Anderson, Philip W. 1972. “More Is Different.” Science 177 (4047):393–96. Andreozzi, Luciano. 2004. “A Note on Paradoxes in Economics.” Kyklos 57 (1):3–20. Aral, Sinan, Lev Muchnik, and Arun Sundararajan. 2009. “Distinguishing Influence-Based Contagion from Homophily-Driven Diffusion in Dynamic Networks.”


pages: 281 words: 95,852

The Googlization of Everything: by Siva Vaidhyanathan

"Friedman doctrine" OR "shareholder theory", 1960s counterculture, activist fund / activist shareholder / activist investor, AltaVista, barriers to entry, Berlin Wall, borderless world, Burning Man, Cass Sunstein, choice architecture, cloud computing, commons-based peer production, computer age, corporate social responsibility, correlation does not imply causation, creative destruction, data acquisition, death of newspapers, digital divide, digital rights, don't be evil, Firefox, Francis Fukuyama: the end of history, full text search, global pandemic, global village, Google Earth, Great Leap Forward, Howard Rheingold, Ian Bogost, independent contractor, informal economy, information retrieval, John Markoff, Joseph Schumpeter, Kevin Kelly, knowledge worker, libertarian paternalism, market fundamentalism, Marshall McLuhan, means of production, Mikhail Gorbachev, moral panic, Naomi Klein, Network effects, new economy, Nicholas Carr, PageRank, Panopticon Jeremy Bentham, pirate software, radical decentralization, Ray Kurzweil, Richard Thaler, Ronald Reagan, side project, Silicon Valley, Silicon Valley ideology, single-payer health, Skype, Social Responsibility of Business Is to Increase Its Profits, social web, Steven Levy, Stewart Brand, technological determinism, technoutopianism, the long tail, The Nature of the Firm, The Structural Transformation of the Public Sphere, Thorstein Veblen, Tyler Cowen, urban decay, web application, Yochai Benkler, zero-sum game

But its mastery at optimizing its pages for Google Web Search has made it a frequent user destination for news and much more effective than many of the sources that it aggregates. 43. Todd Gitlin, “Journalism’s Many Crises,” OpenDemocracy, May 20, 2009, www.opendemocracy.net; Leonard Downie and Michael Schudson, “The Reconstruction of American Journalism,” Columbia Journalism Review, December 2009, 28–51; John Nichols, “The Death and Life of Great American Newspapers,” Nation, April 6, 2009, 11; Zachary M. Seward, “How the Associated Press Will Try to Rival Wikipedia in Search Results,” Nieman Journalism Lab, August 13, 2009; Zachary M. Seward, “Google CEO Eric Schmidt Envisions the News Consumer of the Future,” Nieman Journalism Lab, November 4, 2009. 44.


pages: 559 words: 155,372

Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley by Antonio Garcia Martinez

Airbnb, airport security, always be closing, Amazon Web Services, Big Tech, Burning Man, business logic, Celtic Tiger, centralized clearinghouse, cognitive dissonance, collective bargaining, content marketing, corporate governance, Credit Default Swap, crowdsourcing, data science, deal flow, death of newspapers, disruptive innovation, Dr. Strangelove, drone strike, drop ship, El Camino Real, Elon Musk, Emanuel Derman, Fairchild Semiconductor, fake it until you make it, financial engineering, financial independence, Gary Kildall, global supply chain, Goldman Sachs: Vampire Squid, Hacker News, hive mind, How many piano tuners are there in Chicago?, income inequality, industrial research laboratory, information asymmetry, information security, interest rate swap, intermodal, Jeff Bezos, Kickstarter, Malcom McLean invented shipping containers, Marc Andreessen, Mark Zuckerberg, Maui Hawaii, means of production, Menlo Park, messenger bag, minimum viable product, MITM: man-in-the-middle, move fast and break things, Neal Stephenson, Network effects, orbital mechanics / astrodynamics, Paul Graham, performance metric, Peter Thiel, Ponzi scheme, pre–internet, public intellectual, Ralph Waldo Emerson, random walk, Reminiscences of a Stock Operator, Ruby on Rails, Salesforce, Sam Altman, Sand Hill Road, Scientific racism, second-price auction, self-driving car, Sheryl Sandberg, Silicon Valley, Silicon Valley startup, Skype, Snapchat, social graph, Social Justice Warrior, social web, Socratic dialogue, source of truth, Steve Jobs, tech worker, telemarketer, the long tail, undersea cable, urban renewal, Y Combinator, zero-sum game, éminence grise


pages: 559 words: 155,777

The Sinner and the Saint: Dostoevsky and the Gentleman Murderer Who Inspired a Masterpiece by Kevin Birmingham

banking crisis, business cycle, capital controls, classic study, death of newspapers, full employment, income inequality, laissez-faire capitalism, lateral thinking, new economy, New Journalism, Panopticon Jeremy Bentham, Peter Singer: altruism, trade route, traveling salesman

He believed that individuals are free only when they submit to a community’s welfare, and that the general will expresses what’s best for the whole, not the sum of selfish interests. But by the 1830s, all this was obscured by overzealous readers and isolated passages from the book that Lacenaire could not stop reading. “The State, set on fire by civil wars, is born again, so to speak, from its ashes, and takes on anew, fresh from the jaws of death, the vigour of youth.” Newspapers seized upon Lacenaire’s interest in The Social Contract when it was revealed during his trial. It was “the symbol of his life,” one declared. The underlying fear of the age of revolutions was that it might encourage righteous violence and principled murder. If one can rightfully take up arms against an unjust government, then surely one could take up arms against an unjust society.


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The Empathic Civilization: The Race to Global Consciousness in a World in Crisis by Jeremy Rifkin

Abraham Maslow, agricultural Revolution, Albert Einstein, animal electricity, back-to-the-land, British Empire, carbon footprint, classic study, collaborative economy, death of newspapers, delayed gratification, distributed generation, emotional labour, en.wikipedia.org, energy security, feminist movement, Ford Model T, global village, Great Leap Forward, hedonic treadmill, hydrogen economy, illegal immigration, income inequality, income per capita, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), Internet Archive, invention of movable type, invention of the steam engine, invisible hand, Isaac Newton, James Watt: steam engine, Johann Wolfgang von Goethe, Lewis Mumford, Mahatma Gandhi, Marshall McLuhan, means of production, megacity, meta-analysis, Milgram experiment, mirror neurons, Nelson Mandela, new economy, New Urbanism, Norbert Wiener, off grid, off-the-grid, out of africa, Peace of Westphalia, peak oil, peer-to-peer, planetary scale, Recombinant DNA, scientific management, scientific worldview, Simon Kuznets, Skype, smart grid, smart meter, social intelligence, supply-chain management, surplus humans, systems thinking, the medium is the message, the scientific method, The Wealth of Nations by Adam Smith, The Wisdom of Crowds, theory of mind, Tragedy of the Commons, transaction costs, upwardly mobile, uranium enrichment, working poor, World Values Survey



pages: 475 words: 127,389

pages: 476 words: 125,219

Digital Disconnect: How Capitalism Is Turning the Internet Against Democracy by Robert W. McChesney

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, access to a mobile phone, Alan Greenspan, Albert Einstein, American Legislative Exchange Council, American Society of Civil Engineers: Report Card, AOL-Time Warner, Automated Insights, barriers to entry, Berlin Wall, Big Tech, business cycle, Cass Sunstein, citizen journalism, classic study, cloud computing, collaborative consumption, collective bargaining, company town, creative destruction, crony capitalism, David Brooks, death of newspapers, declining real wages, digital capitalism, digital divide, disinformation, Double Irish / Dutch Sandwich, Dr. Strangelove, Erik Brynjolfsson, Evgeny Morozov, failed state, fake news, Filter Bubble, fulfillment center, full employment, future of journalism, George Gilder, Gini coefficient, Google Earth, income inequality, informal economy, intangible asset, invention of agriculture, invisible hand, Jaron Lanier, Jeff Bezos, jimmy wales, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Perry Barlow, Joseph Schumpeter, Julian Assange, Kickstarter, Mark Zuckerberg, Marshall McLuhan, means of production, Metcalfe’s law, military-industrial complex, mutually assured destruction, national security letter, Nelson Mandela, Network effects, new economy, New Journalism, Nicholas Carr, Occupy movement, ocean acidification, offshore financial centre, patent troll, Peter Thiel, plutocrats, post scarcity, Post-Keynesian economics, power law, price mechanism, profit maximization, profit motive, public intellectual, QWERTY keyboard, Ralph Nader, Richard Stallman, road to serfdom, Robert Metcalfe, Saturday Night Live, sentiment analysis, Silicon Valley, Silicon Valley billionaire, single-payer health, Skype, spectrum auction, Steve Jobs, Steve Wozniak, Steven Levy, Steven Pinker, Stewart Brand, technological determinism, Telecommunications Act of 1996, the long tail, the medium is the message, The Spirit Level, The Structural Transformation of the Public Sphere, The Wealth of Nations by Adam Smith, Thorstein Veblen, too big to fail, transfer pricing, Upton Sinclair, WikiLeaks, winner-take-all economy, yellow journalism, Yochai Benkler


pages: 426 words: 136,925

pages: 739 words: 165,366

Overlord: D-Day and the Battle for Normandy 1944 by Max Hastings

Bletchley Park, British Empire, death of newspapers


pages: 552 words: 168,518

MacroWikinomics: Rebooting Business and the World by Don Tapscott, Anthony D. Williams

"World Economic Forum" Davos, accounting loophole / creative accounting, airport security, Andrew Keen, augmented reality, Ayatollah Khomeini, barriers to entry, Ben Horowitz, bioinformatics, blood diamond, Bretton Woods, business climate, business process, buy and hold, car-free, carbon footprint, carbon tax, Charles Lindbergh, citizen journalism, Clayton Christensen, clean water, Climategate, Climatic Research Unit, cloud computing, collaborative editing, collapse of Lehman Brothers, collateralized debt obligation, colonial rule, commoditize, corporate governance, corporate social responsibility, creative destruction, crowdsourcing, death of newspapers, demographic transition, digital capitalism, digital divide, disruptive innovation, distributed generation, do well by doing good, don't be evil, en.wikipedia.org, energy security, energy transition, Evgeny Morozov, Exxon Valdez, failed state, fault tolerance, financial innovation, Galaxy Zoo, game design, global village, Google Earth, Hans Rosling, hive mind, Home mortgage interest deduction, information asymmetry, interchangeable parts, Internet of things, invention of movable type, Isaac Newton, James Watt: steam engine, Jaron Lanier, jimmy wales, Joseph Schumpeter, Julian Assange, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, machine readable, Marc Andreessen, Marshall McLuhan, mass immigration, medical bankruptcy, megacity, military-industrial complex, mortgage tax deduction, Netflix Prize, new economy, Nicholas Carr, ocean acidification, off-the-grid, oil shock, old-boy network, online collectivism, open borders, open economy, pattern recognition, peer-to-peer lending, personalized medicine, radical decentralization, Ray Kurzweil, RFID, ride hailing / ride sharing, Ronald Reagan, Rubik’s Cube, scientific mainstream, shareholder value, Silicon Valley, Skype, smart grid, smart meter, social graph, social web, software patent, Steve Jobs, synthetic biology, systems thinking, text mining, the long tail, the scientific method, The Wisdom of Crowds, transaction costs, transfer pricing, University of East Anglia, urban sprawl, value at risk, WikiLeaks, X Prize, Yochai Benkler, young professional, Zipcar

Amanda Ernst, “Huffington Post’s Traffic More Than Doubles Year Over Year,” mediabistro (January 19, 2010). 2. Huffington Post Company Profile, CrunchBase (April 28, 2010). 3. Erick Schonfeld, “The Huffington Post Starts to Give Out Badges to Readers,” TechCrunch (April 29, 2010). 4. Jonah Peretti as reported in “The Death and Life of the American Newspaper,” The New Yorker (March 23, 2008). 5. Andrew Lipsman, “Huffington Post Defies Expectations, Reaches New Heights Post-Election,” Comscore (June 4, 2009). 6. Sam Stein, “Bailed-Out Firms Distributing Cash Rewards: ‘Please Do Not Call It A Bonus,’” The Huffington Post (February 11, 2009). 7.


Manias, Panics and Crashes: A History of Financial Crises, Sixth Edition by Kindleberger, Charles P., Robert Z., Aliber

active measures, Alan Greenspan, Asian financial crisis, asset-backed security, bank run, banking crisis, Basel III, Bear Stearns, Bernie Madoff, Black Monday: stock market crash in 1987, Black Swan, Boeing 747, Bonfire of the Vanities, break the buck, Bretton Woods, British Empire, business cycle, buy and hold, Carmen Reinhart, central bank independence, cognitive dissonance, collapse of Lehman Brothers, collateralized debt obligation, Corn Laws, corporate governance, corporate raider, credit crunch, Credit Default Swap, credit default swaps / collateralized debt obligations, crony capitalism, cross-border payments, currency peg, currency risk, death of newspapers, debt deflation, Deng Xiaoping, disintermediation, diversification, diversified portfolio, edge city, financial deregulation, financial innovation, Financial Instability Hypothesis, financial repression, fixed income, floating exchange rates, George Akerlof, German hyperinflation, Glass-Steagall Act, Herman Kahn, Honoré de Balzac, Hyman Minsky, index fund, inflation targeting, information asymmetry, invisible hand, Isaac Newton, Japanese asset price bubble, joint-stock company, junk bonds, large denomination, law of one price, liquidity trap, London Interbank Offered Rate, Long Term Capital Management, low interest rates, margin call, market bubble, Mary Meeker, Michael Milken, money market fund, money: store of value / unit of account / medium of exchange, moral hazard, new economy, Nick Leeson, Northern Rock, offshore financial centre, Ponzi scheme, price stability, railway mania, Richard Thaler, riskless arbitrage, Robert Shiller, short selling, Silicon Valley, South Sea Bubble, special drawing rights, Suez canal 1869, telemarketer, The Chicago School, the market place, The Myth of the Rational Market, The Wealth of Nations by Adam Smith, too big to fail, transaction costs, tulip mania, very high income, Washington Consensus, Y2K, Yogi Berra, Yom Kippur War


pages: 641 words: 182,927

Global Catastrophic Risks by Nick Bostrom, Milan M. Cirkovic

affirmative action, agricultural Revolution, Albert Einstein, American Society of Civil Engineers: Report Card, anthropic principle, artificial general intelligence, Asilomar, availability heuristic, backpropagation, behavioural economics, Bill Joy: nanobots, Black Swan, carbon tax, carbon-based life, Charles Babbage, classic study, cognitive bias, complexity theory, computer age, coronavirus, corporate governance, cosmic microwave background, cosmological constant, cosmological principle, cuban missile crisis, dark matter, death of newspapers, demographic transition, Deng Xiaoping, distributed generation, Doomsday Clock, Drosophila, endogenous growth, Ernest Rutherford, failed state, false flag, feminist movement, framing effect, friendly AI, Georg Cantor, global pandemic, global village, Great Leap Forward, Gödel, Escher, Bach, Hans Moravec, heat death of the universe, hindsight bias, information security, Intergovernmental Panel on Climate Change (IPCC), invention of agriculture, Kevin Kelly, Kuiper Belt, Large Hadron Collider, launch on warning, Law of Accelerating Returns, life extension, means of production, meta-analysis, Mikhail Gorbachev, millennium bug, mutually assured destruction, Nick Bostrom, nuclear winter, ocean acidification, off-the-grid, Oklahoma City bombing, P = NP, peak oil, phenotype, planetary scale, Ponzi scheme, power law, precautionary principle, prediction markets, RAND corporation, Ray Kurzweil, Recombinant DNA, reversible computing, Richard Feynman, Ronald Reagan, scientific worldview, Singularitarianism, social intelligence, South China Sea, strong AI, superintelligent machines, supervolcano, synthetic biology, technological singularity, technoutopianism, The Coming Technological Singularity, the long tail, The Turner Diaries, Tunguska event, twin studies, Tyler Cowen, uranium enrichment, Vernor Vinge, War on Poverty, Westphalian system, Y2K


pages: 913 words: 299,770

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Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow

business cycle, California gold rush, classic study, collective bargaining, Cornelius Vanderbilt, death of newspapers, delayed gratification, double entry bookkeeping, endowment effect, family office, financial independence, Ford Model T, Frederick Winslow Taylor, George Santayana, God and Mammon, Gregor Mendel, Ida Tarbell, income inequality, invisible hand, Joseph Schumpeter, Louis Pasteur, low interest rates, Mahatma Gandhi, Menlo Park, New Journalism, oil rush, oil shale / tar sands, passive investing, plutocrats, price discrimination, profit motive, prosperity theology / prosperity gospel / gospel of success, Ralph Waldo Emerson, refrigerator car, Suez canal 1869, The Chicago School, The Theory of the Leisure Class by Thorstein Veblen, Thorstein Veblen, transcontinental railway, traveling salesman, union organizing, Upton Sinclair, vertical integration, W. E. B. Du Bois, white picket fence, yellow journalism

A vigorous man with a bulldog face, Rice thrived on crossing swords with the oil trust. More than anyone else, Rice was driven mad by Standard Oil’s unjust methods and became a professional Rockefeller hater. He instigated many legislative probes of Standard Oil and in 1881 published a pamphlet entitled Black Death, an anthology of scathing newspaper exposés. For Rockefeller, Rice was nothing but a blackmailer. “He liked to harass, embarrass, annoy the Standard Oil interests with a view of enabling him to sell his quite unimportant refinery interest. . . . This is the whole story of George Rice.”69 In fairness to Rockefeller, Rice tried repeatedly to extort money from him, asking an outrageous $250,000 for a refinery Rockefeller valued at only $25,000.


Reaganland: America's Right Turn 1976-1980 by Rick Perlstein

8-hour work day, Aaron Swartz, affirmative action, air traffic controllers' union, airline deregulation, Alan Greenspan, Alistair Cooke, Alvin Toffler, American Legislative Exchange Council, anti-communist, Apollo 13, Ayatollah Khomeini, Berlin Wall, Bernie Sanders, Boeing 747, Brewster Kahle, business climate, clean water, collective bargaining, colonial rule, COVID-19, creative destruction, crowdsourcing, cuban missile crisis, currency peg, death of newspapers, defense in depth, Deng Xiaoping, desegregation, disinformation, Donald Trump, Dr. Strangelove, energy security, equal pay for equal work, facts on the ground, feminist movement, financial deregulation, full employment, global village, Golden Gate Park, guns versus butter model, illegal immigration, In Cold Blood by Truman Capote, index card, indoor plumbing, Internet Archive, invisible hand, Julian Assange, Kitchen Debate, kremlinology, land reform, low interest rates, Marshall McLuhan, mass immigration, military-industrial complex, MITM: man-in-the-middle, Monroe Doctrine, moral panic, multilevel marketing, mutually assured destruction, New Journalism, oil shock, open borders, Peoples Temple, Phillips curve, Potemkin village, price stability, Ralph Nader, RAND corporation, rent control, road to serfdom, Robert Bork, Robert Solow, rolodex, Ronald Reagan, Rosa Parks, Saturday Night Live, Silicon Valley, Suez crisis 1956, three-martini lunch, traveling salesman, unemployed young men, union organizing, unpaid internship, Unsafe at Any Speed, Upton Sinclair, upwardly mobile, urban decay, urban planning, urban renewal, wages for housework, walking around money, War on Poverty, white flight, WikiLeaks, Winter of Discontent, yellow journalism, Yom Kippur War, zero-sum game