Weekly Links & Thoughts #138

Here is this week’s edition of meshedsociety.com weekly, loaded with thoughtful opinion pieces, interesting analyses and significant yet under-reported information bits from the digital and technology world. Published and annotated every Thursday (CET), just in time so you have something good to read over the weekend.

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Reading time indicator: 1 = up to 3 minutes, 2 = 4 to 9 minutes, 3 = 10 minutes or more

  • Want to Really Understand What all the Hype of Cryptocurrency is About? (bothsidesofthetable.com, 3)
    Investor Mark Suster brilliantly analyses both the huge potential as well as the risks and flaws of cryptocurrencies. Recommended for everyone who doesn’t only want to hear about one side of the coin.
  • Are ICOs diversification of speculation? (jonathannen.com, 2)
    This was probably obvious to many, but I hadn’t thought about it before: Lots of people are sitting on a considerable Bitcoin value, and investing parts of that value into ICOs (or token sales) is their way of diversifying risk and speculation. That sounds like a reasonable explanation for where the hundreds of millions worth of dollars are coming from that are, in the shape of Bitcoin or Ether, being pumped into startups and projects raising funds through ICOs right now.
  • The Apple Watch Series 3 ripoff: how carriers want to charge for zero data use (theoverspill.blog, 2)
    Unsurprisingly, the telecommunication carriers try to use the launch of the Apple Watch with LTE to rip of customers, by charging an additional fee for this connectivity via eSim, even if customers already pay for their smartphone mobile plan. As explained in the text, this is unreasonable considering that Watch users most likely will use less data traffic, and that cellular data use is not additive; it’s substitutive.
  • Courage (marco.org, 1)
    The iPhone X will be the first iPhone without the iconic home button. Instead, it’ll have a notch at the upper end of the device. Some people have mocked the notch. Marco Arment suggests that adding it is Apple’s way to ensure that everyone will recognize the device as an iPhone X, now that the home button is gone.
  • Will AI become a basic human right? Marc Benioff thinks it should (diginomica.com, 2)
    Salesforce CEO Marc Benioff made a couple of thought-provoking statements in a session at the United Nations General Assembly.
  • The International Unicorn Club: 107 Private Companies Outside The US Valued At $1B+ (cbinsights.com, 2)
    A great visualization. Europe doesn’t look too good compared to China. That is, if having lots of Unicorns is a competitive advantage (it probably is). Also notable: “In 2013, over 70% of companies that achieved unicorn status were US-based. Each year since 2013 – 2016, that share of unicorns has gone down, and last year, less than half of the unicorns added to the club (42%) were based in the US.”
  • Whole Foods Is Becoming Amazon’s Brick-and-Mortar Pricing Lab (hbr.org, 2)
    That’s a smart way to look at Amazon’s acquisition of U.S. high-end grocery chain Whole Foods: It’s the ultimate large-scale “lab” for experimenting with pricing strategies in an environment which Amazon previously didn’t have access to.
  • Starting Your Day on the Internet Is Damaging Your Brain (medium.com, 2)
    One shouldn’t take the headline or message from this post literally, but personally I do think the general point has merit: One’s first activities and routines in the morning do shape one’s mindset, goals and mental energy for the rest of the day. In the same way as most reasonably intelligent people wouldn’t eat a bunch of doughnuts covered with fudge first thing after waking up, it makes a lot of sense not to start the day with the digital equivalent to those doughnuts.
  • A convenience truth (jarche.com, 1)
    “Probably one the greatest barriers to positive change is convenience” […] Probably the most convenient form of communication today is Facebook.” Related: Why do we keep using Facebook?
  • You Are the Product: It Zucks! (lrb.co.uk, 3)
    If the previous two short pieces were not enough for you, here is an extensive, critical essay on Facebook which, unlike many texts about this topic, actually is fun to read. The headline sets the tone. Some people are simply better writers than the majority.
  • In an 8-Hour Day, the Average Worker Is Productive for 3 Hours (inc.com, 2)
    This does absolutely not match most entrepreneur’s and full-time freelancer’s experience. The fact that “reading news websites” and “checking social media” are mentioned as the two most popular unproductive activities indicates how much these industries are aligned with and benefiting from today’s strange mainstream work culture.
  • Study: 85% Of Jobs That Will Exist In 2030 Haven’t Been Invented Yet (huffingtonpost.ca, 2)
    Whether you consider this good or bad news probably depends on whether you are the glass half full or half empty type.
  • Dating app Tinder can be a tool for journalists (cjr.org, 2)
    Not only that. It can also be a great tool for travelers to connect with locals, beyond hookups. As pointed out in the text, the problem is potential misunderstandings about intentions. The question remains whether something like Tinder for non-dating related purposes should exist, and whether it can exist (would enough people use it?). Or maybe Tinder could just enable a way to indicate what people are looking for: “Dating”, “Networking”, for example. However, possibly the brand is too much associated with dating.
  • We have a new word for that feeling when travel makes everything new (aeon.co, 2)
    How do you call traveler’s tendency to pay attention to little, seemingly ordinary things in new environments? Things that the locals, being so familiar with their environment, wouldn’t consciously notice? There hasn’t been a word for this state. By introducing the term “Allokataplixis”, the author tries to change this. Something a bit easier to recall might work better.
  • The A.I. “Gaydar” Study and the Real Dangers of Big Data (newyorker.com, 2)
    In the age of Big Data, computers can reveal a lot of information about individuals that are not accessible through a human’s subjective perception. This should indeed be of concern, at least in a scenario in which governments, organizations and individuals haven’t uniformly adopted liberal principles (which, considering human nature, might remain the default scenario forever). Related: Should data scientists sign an ethical code?
  • Why 500 Million People in China Are Talking to This AI (technologyreview.com, 2)
    Like a much smarter, more knowledgable and more versatile version of Siri & co.
  • Here Be Sermons (meltingasphalt.com, 3)
    If you are interested in sociology and group psychology, then you might enjoy this essay about the mechanisms of sermons and its effect on movements (both in the “analogue” world as well as in the digital realm) a lot. I did.

Recently on meshedsociety.com:

  • The Apple Watch with LTE + AirPods is the future
    While during the recent Apple keynote most attention was on the presentation of the iPhone X, the Apple Watch with LTE in combination with AirPods is more likely to become Apple’s next revolution.

Podcast episode of the week:

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