So Trump is Uber and conversely, Uber is Trump. This comparison has been made...
With good intentions, and also a good dose of Facebook business strategy to expand its base of users, Mark Zuckerberg has struck out to promote Free Basics, a free limited Internet for the poor in less developed countries sponsored by Facebook and its local telecommunications partners. While on the face of it Free Basics would seem to have merit, Zuckerberg has run into a wall of opposition. On close inspection of the details, Facebook’s problem, despite all of its global corporate sophistication, appears to be naïveté about the foreign markets it is trying to enter. It is possible to argue that Zuckerberg and Facebook have the best of intentions and sound arguments. But the best of intentions and sound arguments mean nothing if the key element lacking is a clear understanding of the current foreign market, and the crucial need to adapt to it or fail. Zuckerberg could have looked no further back than 2013 for clues to why he has failed.
This is a metaphorical essay on personal ethics, worthy of a serious read and contemplation. When I saw the title I was intrigued but suspected it had something to do with Andy Grove’s adage, “sewage flows downhill,” which means “if anything bad happens it will eventually flow down to you.” This is about ethics. The points made here are particularly apt in light of the huge number and sheer scale of recent business frauds: the Volkswagen fraud, LIBOR, Lehman Brothers, Bernie Madoff’s pyramid scheme, Conrad Black in Canada, Olympus in Japan, Bernie Ebbers and Worldcom, Tyco International, stretching back all the way to Enron, Michael Milken’s junk bonds, and the 1980’s savings & loan debacle.
I noticed the following post on LinkedIn, and thought that it was important to share it. When I first came to UBC to teach Industry Analysis and Entrepreneurship in the Faculty of Management, I was struck by how utterly unprepared Faculty of Management students were to stand up and communicate their ideas. Most students used 3 x 5 cards and stared at the floor. One student, without realizing it, stood up and crossed his arms across his chest, projecting only his personal discomfort with the situation. Clearly this problem needed to be addressed. If there is one thing I have learned since graduating with a Speech-Communication degree, it is the importance of being able to stand up and communicate your ideas, what you believe, and most importantly, who you are. It is crucial to career success.
I previously posted WRT the fact that we are approaching the limits of our ability to achieve physical proof of quantum physics. Why should we care? Where do we go after the CERN Hadron Super Collider confirmed the existence of the Higgs-boson particle, proving the role of dark matter? That said, two separate teams at CERN are debating the results of further experiments that suggest the possible existence of a new sub-atomic particle. This particle, if it exists, and can be confirmed, may support the existence of additional dimensions of space and time. The MIT Technology Review has also suggested that the CERN Hadron Super Collider could potentially prove the validity of the Star Trek hyperdrive technology. We should care because it is the future of the technology that will continue to change our lives.
“Anybody but Le Pen”: French turn to tactical voting to stop far right In a stunning rebuke to Marine Le Pen’s National Front in France, French voters rejected her politics of fear. This is particularly poignant following the recent terrorist attack in Paris. The Front National (FN) has traditionally been strong in Provence/Cotes d’Azur, its […]
In the Autumn of 1999, I joined a Hong Kong friend for the amazing “K98” train trip from Hong Kong north through the heart of China to Beijing, just in time for the 50th Anniversary celebration of the People’s Republic of China. It was my version of Paul Theroux’s “Riding the Iron Rooster,” and the images of China at that time still stick in my head. Since then China has changed so dramatically that those images no longer exist. Since Deng Xiaoping declared that “getting rich is glorious,” and China’s growth has skyrocketed, China’s domestic and international problems have also multiplied.
Researchers from Google’s AI Lab say a controversial quantum machine that it and NASA have been testing since 2013 resoundingly beat a conventional computer in a series of tests. Source: Controversial Quantum Machine Tested by NASA and Google Shows Promise | MIT Technology Review Google Says It Has Proved Its Controversial Quantum Computer Really Works […]
Liar’s Poker is one of those books one of your friends strongly urges you to read. A short little book, the recommendation I got from Bill Howe, my Canadian Intel colleague in Europe, was that it was a hilarious read. And so it was. It reads like Animal House. Michael Lewis also recently wrote The Big Short, his analysis of the 2008 financial meltdown. Liar’s Poker has been described as a comedy, and The Big Short as a tragedy, which seems very apt to me if you have heard Michael discuss both books. Many may know Michael best for his recent success with Moneyball.