Thursday, July 8, 2021

This is a trivial story. You may want to skip it.

But while the living arrangements of Elon Musk aren't worth the time it takes to read this, a discussion of the coverage might be. It started, as with so many things musk-related, with a tweet.
Not surprisingly, the humble billionaire bit was too good for a hack reporters to resist. Here's a representative sample from the NY Post. 
Elon Musk may be one of the world’s richest people, but he’s not living large.

After selling much of his real estate portfolio in the past year and listing his final property earlier this month to focus on his mission to Mars, the Tesla and SpaceX CEO is taking the phrase “Live below your means” to another level.

Musk, who turned 50 in June, revealed in a tweet that he is now living in a humble $50,000 home that he rents from SpaceX on its launch site in Boca Chica, Texas.
The idea that the world's second richest man cares not for material things didn't start here. It's been part of the Musk myth for years. No less a luminary than David Roberts assured us back in 2016 that "Musk is not in it for the money." (Which was pretty damned funny when you consider what was going on at the time.) Monastic living quarters fit in perfectly with the narrative.

Funny thing about that tiny house, though. Elon Musk does most of his traveling in his private jet, the flight plans of which are a matter of public record. Assuming these gives us a good indicator of Musk's location, he divides his time between LA, the Bay Area, Austin (where his girlfriend and infant son live) and Brownsville 300+ miles away.

Having a little cottage next to the office on a campus you visit regularly would strike most of us as a convenience, particularly if if usually only staying for two or three nights, but like most things about Musk, the significance has grown with the telling. 

Wednesday, July 7, 2021

Picking up on the business travel thread from a year ago

Leisure travel is back to pre-pandemic levels. But business travel? Not even close.


Mitchell Hartman reporting for Marketplace.

Business travel is still down as much as 50% from pre-pandemic levels, and that matters to airlines and hotel chains.

“They make up 10 to 15% of travelers, but they can contribute up to 75% for a company’s revenues,” said Joanna Piacenza at Morning Consult.

They buy premium air tickets at the last minute, book hotel suites, dine out on expense accounts. Morning Consult finds three in 10 pre-pandemic business travelers aren’t planning a trip this year.  

Alan Lewis at consulting firm L.E.K. said some of that’s thanks to “lessons-learned” during the pandemic:

“Technology — Zoom and Teams — will replace some meetings that would have occurred live, going forward,” he said.

Lewis said other kinds of travel resistance come from management and employees.  

“CFOs have been able to reduce their travel budgets. Reopening those purse strings will take time. The productivity that people have discovered — they’ve found that they can be more productive by not investing time in travel,” he said.

WEDNESDAY, MAY 20, 2020

There’s about to be a huge business travel shaped hole in the economy and we need to start thinking about how we are going to fill it up.




For most sectors, the post pandemic economy will probably look a lot like the pre-pandemic economy. For certain industries, however, we are probably looking at a permanent market contraction. In these cases, the business models will have to fundamentally change and it is likely that many of the major players will not see the end of the decade . The one sector I’m most bearish on is business travel. Both because travel in general is going to suffer from heightened pandemic concerns and because it is an industry that is long overdue a major downsizing.

One of the widely known but little talked about truths of the white-collar world is that most of the trips we take are an enormous waste of time and money not to mention being horrible from an environmental standpoint.

Ironically, the modern age of business travel started in the postwar era about the same time that modern telecommunication was about to make it increasingly obsolete. Even before the pandemic, companies were starting to catch on to the absurdity of flying people across the country to sit at a conference room and wait for 20 minutes while someone locates missing cords and tries to get the PowerPoint projection in focus on a beige wall when you could simply have everyone sitting at their own desk watching the presentations on large high definition monitors.

The one real value of these meetings was social, allowing people who had interacted only over the phone and through emails actually hang out together eat lunch and perhaps have a couple of drinks, but all too often, the participants are flying in early in the morning and flying out on an afternoon flight so their time together is spent trying to read a blurry projection rather than bonding.

Of course, some business travel is legitimately necessary, and there will certainly be at least a few companies that are still reluctant to embrace 21st-century approaches. The industry is not going to disappear in 2021. It will, however, inevitably be smaller and require leaner business models probably less dependent on the principal agent problem.

This is going to leave a hole in the economy and it is not too early to start the discussion of how we are going to fill it up.

Tuesday, July 6, 2021

The Toucan in the Coal Mine?

[Usual caveat for this thread. A lot of this is well past the boundary of my expertise so if any of my better informed readers would care to chime in, the input would be greatly appreciated.]

The Netflix story is definitely post-modern. The narrators are unreliable. The facts are incomplete. The versions participants and observers tell themselves can't be entirely right but may not be all that wrong. 

Part of the problem is that the company is very good at controlling the narrative (spending billions annually on marketing and PR doesn't hurt). Case in point, the production deal just signed with Spielberg's production company. The lede from this CNN article could have (and possibly did) come out of NF's PR department: "Steven Spielberg is partnering with Netflix. Getting Hollywood's premiere director represents a major coup for the streaming service." You have to read the whole thing to learn that "Spielberg added that he and Amblin ... will continue to work with longtime partners like Universal Pictures." and that "Netflix and Amblin did not say how long long the multi-year deal would be nor if Spielberg would direct any films that would land on Netflix."

In other words, we have no idea how big (or trivial) this is. NF has a history of picking projects passed over by other studios, always offering top dollar. This could be a major deal or it could be Amblin burning off some second rate properties.

By comparison, this potentially much more interesting development pass unnoticed by Netflix business watchers.

A bit of context.

NF started out buying no rights other than licensing to any of their originals (House of Cards, Orange is the New Black, etc.). Despite this, major (mainly East Coast) publications including the New York Times ran credulous borderline puff pieces about the massive content library the disruptor was building. This went on for years until people finally started catching on.   

Coincidentally or not, when reporters started picking up on the apparent contradiction between this approach and NF's stated goal of long term dominance, the company reversed its policy and made a great show of buying all rights. The explanation for the change didn't make a lot of sense but no one seemed to care. NF's commitment to acquiring IP instantly became part of the standard narrative.
There are important caveats here. Netflix’s content costs are high in part because it now buys out all the rights (e.g. home video, syndication, EST) for its Originals on a global basis, while traditional networks (e.g. FX or ABC) will typically buy only select content rights and on a single market basis. Furthermore, buying out all rights means that the talent involved in a hit series (e.g. cast, writers, producers) don’t have access to any of the economic upside from participating in a hit series. As such, Netflix must also pay extra (and upfront) to compensate the talent responsible for their Originals for this lost income opportunity (albeit on a risk-adjusted basis). As a result, Netflix’s costs for a given volume of original content is substantially higher than that of linear and/or domestic networks with the same output. That said, this same dynamic means that while most of its traditional networks hedge their content investments, Netflix quadruples down.

But it clearly wasn't entirely true. Lots of originals were based on IP owned by major studios and other corporations and we could be reasonably certain that NF wasn't getting clear title to She-Ra or the DC universe Lucifer. This suggested that some of the service's most popular shows are not part of its permanent content library. Netflix would continue having to pay large sums of money to its competitors if it wanted to keep airing them. (Compare this to Amazon actually buying Lord of the Rings.)

Still, that left a lot of shows not owned by Disney and the rest. Presumably NF did have clear title to those. That would still leave a decent library. But if this is the case, how did Tuca and Bertie land on WB's Adult Swim? This was an obscure web comic from a largely unknown cartoonist. There was no obvious reason to bend the rules for this but they appear to have done so. Is this the only case, or is NF passing up rights on other originals. If so, their library even thinner than we thought.

I don't want to put too much weight on this one data point. Netflix is a major company that may well justify its valuation one day, but journalists have gotten in the habit of letting these press releases set the narrative for them and ignoring contradictory details. That's not good for the profession.

Monday, July 5, 2021

Seriously, do not listen to the Get Smart cover

This discussion of  a thinly researched New Yorker piece got me thinking about a corrective piece we did a few years on a review the magazine released with no apparent fact checking whatsoever (still uncorrected of this writing). To up the humiliation factor, the mistakes of misattribution and omission involved lots of famous names ranging from big in the industry (Hagen, Greenwood) to big period (Goldsmith, Bacharach). The uncredited author also missed a wonderful moment of pop culture convergence when he failed to notice that the cover of the Get Smart theme was from "Bob Crane, His Drums & Orchestra." Crane was the star of Hogan's Heroes which was, if you stretch the spyfi definition a bit, the second longest running show in the genre, losing to Mission Impossible by one season. (Crane was a gifted percussionist, but the cover is terrible.)

The lesson here is that even respectable publications often don't take fact-checking all that seriously, particularly when the subject is esoteric enough. Often this translates to trivial, as it does here -- absolutely nothing about The Last of the Secret Agents is of any importance -- but questions of science, technology, and yes, statistics can be esoteric without being trivial at all.


THURSDAY, JUNE 18, 2015


The New Yorker's culture desk could use a fact checker

I recently came across an uncredited piece that drove my inner film geek crazy. About halfway into the review of Ace Records’s new compilation, “Come Spy With Us: The Secret Agent Songbook,” I came across this.

[emphasis added]
The world of spy themes doesn’t stop at Bond (or at Bond offshoots or Bond antidotes), and neither does Ace’s set. Lalo Schifrin’s immortal “Mission: Impossible” theme is here, along with the Challengers’ version of Hugo Montenegro’s “Theme from the Man From U.N.C.L.E. Both of those illustrate the relationship not only between spy music and surf music—similar in instrumentation, similar in insistence—but also between spy music and the music of spaghetti Westerns.

...

There are far too many good selections here to list them all: Billy Strange’s “Our Man Flint,” Nancy Sinatra’s “The Last of the Secret Agent” (Flint and Sinatra would collaborate on the theme song for the Bond film “You Only Live Twice,” which isn’t on the set) [That should be "Strange and Sinatra," Derek Flint being fictional and all. It should also be noted that the version of “You Only Live Twice” that most of us are familiar with is by Barry and Sinatra. Billy Strange had nothing to do with it -- MP], and Matt Monro’s “Wednesday’s Child.”   
Billy Strange was an arranger and session musician now best remembered as a member of the legendary Wrecking Crew. Hugo Montenegro was a minor film and TV composer (other than I Dream of Jeannie, I doubt any of his compositions would register if you heard them) who was best known for cheesy but popular cover arrangements.

[The original link for this blog is dead now so I made the obvious substitution.]




Both released albums of covers of soundtracks of popular movies and TV shows. As far as I can tell, neither had anything to do with the original scores. Those came from composers such as Ennio Morricone, John Barry and, in this case, the man who wrote the theme for the Man from UNCLE and composed most of the music for the show's first season and who scored both Flint films, Jerry Goldsmith.

For movie people, Goldsmith is kind of a big deal:

Jerry Goldsmith has often been considered one of film music history's most innovative and influential composers.[8] While presenting Goldsmith with a Career Achievement Award from the Society for the Preservation of Film Music in 1993, fellow composer Henry Mancini (Breakfast at Tiffany's, The Pink Panther) said of Goldsmith, "... he has instilled two things in his colleagues in this town. One thing he does, he keeps us honest. And the second one is he scares the hell out of us."[65]  ...  In a 2001 interview, film composer Marco Beltrami (3:10 to Yuma, The Hurt Locker) stated, "Without Jerry, film music would probably be in a different place than it is now. I think he, more than any other composer bridged the gap between the old Hollywood scoring style and the the [sic] modern film composer."[67]
For someone writing about film music, crediting Montenegro or Strange with a Goldsmith composition is the kind of mistake that makes you wonder how much of the writer's expertise came from the liner notes. Perhaps worse, it is such an easily avoidable error. Thanks to Wikipedia, it takes so little time to get the facts right.

In fairness to the author, some of the critical points are valid (such as the relationship between spy films and surf music. For example, check out the arrangement from this sequence from Our Man Flint,



But even good arguments are difficult to take seriously when they come with careless mistakes.

p.s. I didn't want to go full nerd in the middle of a post, but if you feel like releasing your inner spy geek, I recommend checking out these discussions of the various arrangements of Man from UNCLE themes (including the revelation that Goldsmith hated Lalo Schifrin's new arrangement).

p.p.s. I ran this past an actual authority, Brian Phillips. He pointed out another one I should have caught: "Though Bill Cosby starred in “I Spy” as early as 1965 (the brassy Roland Shaw theme is included)..."  The I Spy theme was, of course, by Earl Hagen who was, in Sixties television, also kind of a big deal [Andy Griffith Show, Dick Van Dyke Show, etc.].

Brian also questions whether the bassline to "Come Spy With Me"  is really James Jamerson.

Friday, July 2, 2021

The Button-Down Mind of Bob Newhart was closer in time to Kitty Hawk than it is to us

In a sense, the satire of this classic bit is sharper now than it was when first released. The idea of private sector blue-sky research was still a thing in 1960. Scientists and engineers were far more likely to develop technology with no immediate plans for monetizing.

Merchandising the Wright Brothers










Thursday, July 1, 2021

Similar to plans to empower investors include raising credit limits at casinos

We've talked about the various scams and bubbles that have come to dominate the markets and the role retail investors and their culture have played. Here's some more of the puzzle.



 
Jemima Kelly of FTalphaville. 

Baldwin makes the whole thing sound so simple, and so . . . free (emphasis ours):
You just log in, pick a stock, set an amount, and hit trade. And yeah, you gotta pay a commission, except . . . No you don’t! Cause they don’t take one. That’s right. You can invest in stocks with no commission Zero. Nada. Zilch.
So it was with interest that we perused the press release announcing eToro’s Q1 results that landed in our inbox on Tuesday, particularly the top line:
That’s right: eToro more than doubled the amount of commission it earned year-on-year in the first quarter, to $347m — about a quarter of a billion pounds. Not bad for a company that is so generous in its offering of commission-free products.

It’s almost like they’re selling investors one message and consumers another, isn’t it? 
...

So yes, as we have written about before, as soon as you use any leverage, or decide to trade crypto, or CfDs — which is what eToro is known for — it turns out that you are not paying zero, nada, zilch commission; you’re actually paying quite hefty fees. And as we have also pointed out in the past, moving from trading stocks into other commission-heavy products is a pretty seamless experience.
Quick aside from Investopia [emphasis added]
What Is a Contract for Differences (CFD)?
A contract for differences (CFD) is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash-settled. There is no delivery of physical goods or securities with CFDs.

Contracts for differences is an advanced trading strategy that is used by experienced traders and is not allowed in the United States.
Back to Ms. Kelly:
But this isn’t about luring customers into fee-paying products, you understand; this is about empowerment. No, really. Like all good companies these days, eToro has a serious social mission, as chief executive Yoni Assia tells us:
eToro’s mission is to empower people to grow their knowledge and wealth and we see our platform as a bridge between the old world of investing and the new.

And one more thing.

Wednesday, June 30, 2021

Eleven years ago at the blog -- the times, they aren't a'changin'

One of the discouraging things about going through these old posts is how it steals away any sense of progress. The same snake oil (debunked in more detail here) pitched in slightly different TED talks.

I also wish we'd done more posts on fitness landscapes. Always had fun with those.


WEDNESDAY, JUNE 30, 2010

Bob Dylan, the Monkees and the flooded landscape analogy

Seth Godin's comments on Bob Dylan and the Monkees (which comes to us via Gelman via DeWitt via Tinkers via Evers via Chance) got me thinking about fitness landscapes. Here's the quote:
Let me first describe a distinction between the Monkees and Bob Dylan. Bob Dylan gets laughed or booed off the stage every ten years, whether he wants to or not. He got booed off the stage when he went electric and again when he went gospel, and most recently with his horrendous Christmas album. The Monkees never get booed off stage, because the Monkees play "Last Train to Clarksville" exactly the same way they did it 30 or 40 years ago. Here's the thing: Bob Dylan keeps selling out stadiums and no one goes to see the Monkees, because the Monkees aren't doing anything worth noticing. There are people who have succeeded who just keep playing the same song over and over again, whatever that is that they do.
Think of a musician's career as a landscape where creative decisions like repertory, genre, style, arrangements give the location and concert sales are the fitness function. (see here and here for previous posts on landscapes)

In Godin's example, the Monkees have stuck very close to a local maxima that has sank over the years (the sticking close part doesn't actually match reality all that well -- Mike Nesmith had a run of innovative and interesting projects in the early days of music video -- but for the sake of the post let's overlook that part). Any small to moderate change in repertory or arrangement or style would move them to a lower point on the landscape.

I think I may be stealing this from Stuart Kuafmann, but let's flesh out the metaphor a bit and add water. Our landscape dwellers can travel freely on dry land but they can only swim very short distances. Exactly how does this relate to our real life example? Remember that altitude in our landscape corresponds to ticket sales. In order to stay viable, ticket sales for a touring act have to stay above a certain level. If the sales fall below that level, the act loses bookings and can no longer cover its expenses. Of course, like any other business, the act can run at a loss for a while (swim) but that's obviously not a long term solution.

Godin suggest that a willingness to, in our analogy, move to another optima is the key to success. Dylan made the move and thrived. The Monkees stayed put and whithered. But how comparable were the two situations?

Dylan had a steady source of income from other artists covering his songs. In landscape terms, he was a good swimmer (of course, so was Nesmith who got a tiny check every time you used that little Liquid Paper brush). More importantly, Dylan didn't have that far to swim. He might not even have needed to get wet. At least a portion of Dylan's fan base were going to stay with him no matter where he went on the musical landscape and given his reputation (and phenomenal talent, though I'm trying to leave that out of the discussion), there was a maxima waiting for him at pretty much every genre and subgenre of popular music. Those moves might not have been as artistically or commercially successful as the ones he made but Dylan was going to remain viable no matter where he went.

What about about the Monkees? Musically they weren't a bad line-up. Dolenz was a veteran child actor, Jones was a Tony nominee for Oliver! and Tork and Nesmith were both accomplished musicians. Highly successful careers have certainly been built on less, but what did their career landscape look like? Compared to Dylan's collection of tightly-packed peaks, the Monkees had a lonely island surrounded by what looked like a large and empty ocean. The vast majority of their fan base was location specific. When they moved away from that location they hit deep water very quickly.

It is, of course, possible that the group could have focused on coming up with new songs and a new sound with the hope of finding a new audience. This is a dynamic landscape, and where the artist chooses to go is one of the factors that affects it. There might not be a concert market for the Monkees playing new grass or thrash metal now but that doesn't mean there won't be one in the future. Sometimes, by playing music no one wants to hear, you can create a demand for that music. To return to the landscape analogy, treading water in one spot can cause an island to rise up beneath you. It has been known to happen but it's probably not something you want to count on.

In the case of the Monkees, the water-treading strategy would be particularly risky since their reputation is likely to work against them if they try something radically new. This is probably why Nesmith chose to use his own much less well known name for the Grammy-winning Elephant Parts rather than trying to sell it as a Monkees project.

Which brings us back to Mr. Godin and the advice books he and other business gurus dump on the market every year. These books gush out at such a rate that there are actually companies that put out fifteen page versions so that executives can at least give the impression that they have read the latest releases. The Dylan/Monkees example is sadly representative. It takes one of business gurus' favorite truisms (take risks, i.e. move out of your comfort zone, i.e. they laughed at Henry Ford), bills it as a fundamental key to fabulous success (fabulous as in fabled as in obviously untrue) then backs it up with an irrelevant but impressive sounding example.

Godin is telling businesses to be like Bob Dylan and to make radical moves that may piss off your customers and invite scorn and mockery. The trouble is very few businesses are Dylan-at-Newport. The majority are the Monkees-at-the-state-fair. They have something they do reasonably well. If they stick close to their local maxima they can turn a decent profit and have a pretty good run. If they follow Mr. Godin's advice they will sink like a cinder block and never be heard from again.

Tuesday, June 29, 2021

“Pastel QAnon.”

Another long-running thread here at the blog is how the right wing and left wing fringes tend to overlap around areas like conspiracy theories and alternative medicine.

This excellent LA Times piece from Laura J. Nelson takes us to what was, in retrospect, the next logical step.

More commonly associated with right-wing groups, the conspiracy theory is spreading through yoga, meditation and other wellness circles. Friends and colleagues have watched with alarm as Instagram influencers and their New Age peers — yogis, energy healers, sound bathers, crystal practitioners, psychics, quantum magicians — embraced QAnon’s conspiratorial worldview and sprayed it across social media.

The health, wellness and spirituality world has always been primed for that worldview, followers say. Though largely filled with well-meaning people seeking spiritual or physical comfort, the $1.5-trillion industry can also be a hotbed for conspiracies, magical thinking, dietary supplements with dubious scientific claims and distrust of institutional healthcare, including vaccines.

“It’s always been the water we were swimming in,” said Julian Walker, 50, a Mar Vista yogi, ecstatic dance teacher and co-host of the “Conspirituality” podcast, which tracks the marriage of conspiracy theories and spiritualism. “Now we’re seeing what happens when the water rises.”

Once a fringe movement, QAnon exploded in popularity during the Trump administration, gaining more believers in the U.S. than several major religions. Two recent polls have found that about 1 in 6 American adults believes its key tenet: that a cabal of Satan-worshiping pedophiles are trying to control the country’s government, mass media and financial systems.

Just how deeply QAnon has penetrated the wellness world is difficult to quantify, but its effects are tangible: broken friendships and business partnerships, lingering sadness and frustration, and a growing number of spiritualists who are speaking out against the spread of the false conspiracy theory.

Several New Age spiritualists in Southern California interviewed by The Times said they knew a total of more than a dozen former friends and colleagues at the Jan. 6 insurrection at the U.S. Capitol with ties to yoga, meditation, energy healing and dietary supplements hawked by multilevel marketing companies.

...

When the world shut down in March of 2020, Eva Kohn of San Clemente created a group text to stay in touch with nine other women in the area. Niceties about families and lockdown hobbies devolved over the months into false conspiracy theories: that Democratic elites were harvesting adrenochrome from tortured children to use in satanic rites, that the insurrection at the U.S. Capitol was perpetrated by antifa, that the COVID-19 vaccine causes infertility.

Kohn, who studied engineering, pushed back again and again. What’s the evidence? What are your sources? Here’s a scientific study that disproves the theory.

“I have a pretty analytical brain,” Kohn said. “No matter what evidence I would present, they would not hear it. They have gone through a rabbit hole and they won’t come out.”

By the end of the year, seven of the 10 women in the group chat had embraced QAnon. Kohn eventually excused herself, but one of them still texts her anti-vaccine propaganda. She estimates that she knows of more than 30 people who’ve embraced Q-related conspiracies. For some, she said, “the influence of natural wellness is what has driven them to this type of thinking.”

Last spring, extremist researchers began to note with alarm that bigoted, far-right ideology was being laundered through vivid sunset photos and slickly designed “educational” slides on Instagram. That recruiting tactic, aimed largely at women, has since been dubbed “pastel QAnon.”


Monday, June 28, 2021

Monday tweets




We've already discussed Tesla's bottom of the industry R&D budget, its numerous safety issues, and its supporters' gift for justifying their optimism but I believe this is the first time we've brought in the Batmobile. 





Chait has a point here.



Beyond the obvious elements of racism and misogyny 




DeSantis has done an excellent job of spinning most of the national press so far despite a terrible record. There is no reason to suspect they'll wise up now.


You get a brave new world of rent-seeking when no one actually owns what they buy.



Apparently there are these things called anti-trust laws. 




Vaccine hesitancy as marketing problem.


What's amazing about the gig economy is that these people can be this evil and still lose money.


A couple from Rosen.


In closing.
And


I love the way she corrects her mother.

Friday, June 25, 2021

Intellectual diversity

This is Joseph

I was reading this piece in Talking Points Memo. It seems like a very bad idea that would get into serious first amendment issues. That said, the real problem with it is that it is not being done consistently. The article states:
DeSantis, a bombastic Trump supporter up for re-election next year, made the remarks after signing a law that will force state-funded universities and colleges to poll their faculty, students, and staff for “intellectual diversity,” the Tampa Bay Times reported. That survey, the paper reported, will focus on “the extent to which competing ideas and perspectives are presented.”

There is another obvious issue here -- people select into professions based partially on their world view. It is true that professors influence students (much less then we'd often like to) but other professions (like say, law enforcement or the military) also have less viewpoint diversity than the general population and are fully funded by government funds. 

That the bill is targeting one and not the other gives the game away.  

It might be a better world with more left-wing police and right-wing college professors, but this is not a serious attempt to create that world. And it seems certain that there will be some concern about how all of this fits in with the first amendment, given that political speech seems to be core to the amendment and political affiliation seems hard to define well as a protected class. 

Thursday, June 24, 2021

David Graeber on future envy

Picking up on last week's thread.

Perhaps not surprisingly, David Graeber the anthropologist was better with cultural attitudes toward technology than with technology itself (more on that later), so I can't quite give the essay a blanket recommendation, but the good parts are very good and they are essential for understanding just how con artists and tech messiahs have gained such a foothold.

From "Of Flying Cars and the Declining Rate of Profit" March 2012

A secret question hovers over us, a sense of disappointment, a broken promise we were given as children about what our adult world was supposed to be like. I am referring not to the standard false promises that children are always given (about how the world is fair, or how those who work hard shall be rewarded), but to a particular generational promise—given to those who were children in the fifties, sixties, seventies, or eighties—one that was never quite articulated as a promise but rather as a set of assumptions about what our adult world would be like. And since it was never quite promised, now that it has failed to come true, we’re left confused: indignant, but at the same time, embarrassed at our own indignation, ashamed we were ever so silly to believe our elders to begin with.

Where, in short, are the flying cars? Where are the force fields, tractor beams, teleportation pods, antigravity sleds, tricorders, immortality drugs, colonies on Mars, and all the other technological wonders any child growing up in the mid-to-late twentieth century assumed would exist by now? Even those inventions that seemed ready to emerge—like cloning or cryogenics—ended up betraying their lofty promises. What happened to them?

We are well informed of the wonders of computers, as if this is some sort of unanticipated compensation, but, in fact, we haven’t moved even computing to the point of progress that people in the fifties expected we’d have reached by now. We don’t have computers we can have an interesting conversation with, or robots that can walk our dogs or take our clothes to the Laundromat.

As someone who was eight years old at the time of the Apollo moon landing, I remember calculating that I would be thirty-nine in the magic year 2000 and wondering what the world would be like. Did I expect I would be living in such a world of wonders? Of course. Everyone did. Do I feel cheated now? It seemed unlikely that I’d live to see all the things I was reading about in science fiction, but it never occurred to me that I wouldn’t see any of them.

At the turn of the millennium, I was expecting an outpouring of reflections on why we had gotten the future of technology so wrong. Instead, just about all the authoritative voices—both Left and Right—began their reflections from the assumption that we do live in an unprecedented new technological utopia of one sort or another.


When people go back and try to understand how so many fell for promises of hyperloops and immortality treatments and Martian colonies and the rest, they need to study this section of Graeber's essay carefully. The audience for these bright-and-shiny-future articles believed not just because it was an appealing vision but because this was a world they felt entitled to. 

Wednesday, June 23, 2021

Working majorities

This is Joseph

There has been a lot of discussion about the US senate and the filibuster.  For example, Jon Chait has a piece poking holes in Kyrsten Sinema's defense of the filibuster. Things got a bit derailed because it turns out that what Senator Sinema wants is massive filibuster reform, just one that restores it for things like judicial nominations. Now, clearly this viewpoint is a bit odd. Does anybody think that the party that confirmed three supreme justices with between 50 and 54 votes would be interested in returning to a 60 vote threshold? Note that five sitting justices have been appointed with under 60 votes, all them nominated by Republicans. But I don't think I cover new ground here.

Instead, what I want to point out is that the reason that Joe Manchin, Kysten Sinema, and Dianne Feinstein (all filibuster reform opponents) are so powerful is that the Democrats only have 50 senators. In these conditions any single senator can shatter the coalition. So you have an equilibrium where you have to keep 100% of the party to pass anything (or constantly get bipartisan support). What you really want is a working majority, which in the US senate is 52 or 53 seats -- you can lose one or two people and still pass your agenda. Further, if there are 3 or 4 holdouts, you only need to persuade one person to get to 50 votes. It dramatically changes the power structure. So the idea that one was going to have a successful push of tough legislation was always a bit fanciful.

The other core weakness is that I see a lot of focus on Joe Manchin, a 73 year old (i.e. old enough to retire, not old enough to have to) senator who won West Virginia in 2018. This is a state where the (losing) Republican candidate won by 69-30 (not a typo) in 2020 and 69-26 in 2016. Joe Manchin does not win elections due to his party and it is hard to imagine the leverage that you have to pressure him. You primary him and simply lose the seat (barring a miracle candidate). What he is doing led to him being elected in the toughest of conditions -- how do you persuade him that his approach is unsuccessful.

So I have two take-aways. One, the real issue is losing marginal races that were winnable. Look at Bill Nelson's loss to Rick Scott in Florida. Those close calls are the things that haunt you. Or the unforced error of having Dianne Feinstein as a California senator. She's blocking the filibuster as well, and there is little to no evidence that she is uniquely able to hold California. I never like to make predictions, but it seems unlikely that California is an easy Republican pick-up opportunity.

But the real issue here is that fragile majorities are just that - fragile. We should be realistic about what can be accomplished when every single Democrat senator has an individual veto. 

Tuesday, June 22, 2021

Even in California...

As mentioned before, because of the varied terrain of the Golden State, you can get an extraordinary range of temperatures, often within a few miles. Even for a long time resident, however, this is notable. Initially the heat wave included the coastal cities with LA temperatures ranging from the 80s to the low 100s. Then the June Glooms kicked in and everything dropped twenty-five degrees. The result has been a week of unseasonably cool and dangerously hot weather.

In the long term, of course, things are getting hotter everywhere with places like Palm Springs breaking records in the 120s. By late summer, the skies will be clear over LA and we'll be setting records too, but for now, we're enjoying the respite. 



 












Monday, June 21, 2021

Eleven years ago at the blog

Also a Monday...

This post reminded me of a 1970 review (actually just the first sentence) by Roger Greenspun of a film that popped up a while back on Fox/Weigel's excellent terrestrial superstation, Movies! [emphasis added]

Paul Williams's "Out of It" opened yesterday at the Festival Theater, but it was made in 1967, according to the distributor, and it looks and feels just a bit older—say 1963—even allowing for South Shore cultural lag.

American film was evolving at a tremendous rate in the late 60s and early 70s, significantly enough that it seemed reasonable to distinguish between films made four years apart. Imagine a critic today saying a picture was made in 2018 but the style and sensibility seemed more like 2014.


MONDAY, JUNE 21, 2010

Effect and cause: Hollywood edition

From New York Magazine:
How Toy Story 3 Scored: Even though the kiddies all clap their palms raw whenever that silly cyclops of a desk lamp hops out to squash the "I" in "Pixar," Disney still faced a conundrum: Those tykes who were in first grade when Toy Story first hit theaters in 1995 are now seniors in college.

However, instead of writing off the twentysomethings as too jaded to come, the studio targeted them, knowing that the Woody/Buzz bond was ageless. "Pixar went out of their way to ground the movie in the idea that the character [Andy who] you knew as a kid was now off to college," explained David Sameth, Disney's senior VP of marketing, "It’s only natural to pick up the same idea in marketing, and translate it into our terms." That meant courting the keg-stand-performing college kids directly: In the run-up to TS3's release, Disney sponsored a special "college cliff-hanger campaign," screening two-thirds of the finished film for undergrads at some 80 colleges nationwide, which kicked off the positive buzz from the Twitter set. The studio also crafted a viral YouTube campaign — fake period ads for one of the movie's new additions, Lots-o-Huggin' Bear — that is still being discovered.

Helped by a 100% favorable rating on RottenTomatoes.com, not only did those former grade schoolers come running back to make this Pixar's top-grossing opener ever (helped by 3D pricing), but so did everyone else: Its audience was 46% over the age of 25, and roughly equally distributed between males and females. Who went? With 4,000 plus theaters showing it, "Everybody," said Chuck Viane, Disney's distribution chief. But what about "franchise fatigue" and all that? Says Disney's Sameth, "People don't go to see franchises; they go to see movies. This is a great one."

I'll buy that last part. I haven't seen the film yet but based on the reviews, the talent and most importantly, the standard of work from Pixar, I will be surprised to see anything less than excellence.

I would also have been surprised to see the picture fail to bring in dump trucks of money. This kind of long-awaited sequel tends to do well (think of how many people went to see Harrison Ford hobble around in Crystal Skull or George Lucas burn off what remained of his legacy in Phantom Menace). Pixar films also tend to bring in big money (Up grossed nearly three quarters of a billion worldwide). Add to that the fact that after three films built around gifted but non-bankable character actors (Oswald, Asner, Plummer) and uncomfortable themes (rats preparing food; the destruction of the environment; old age, loneliness, and even miscarriage), Pixar played this one safe with a big star in the lead and familiar thematic territory. It is probably the least adventurous film from the studio since, well, Toy Story 2.

Given all this and the significant traditional media marketing, there is no evidence here that targeting college students brought in anyone who wouldn't have seen the film anyway. This type of alternative, targeted marketing can be highly effective for movies and other products you might not have otherwise heard of (Kick-Ass, Defendor, OSS 117 would all be reasonable choices). The techniques are much less effective for well-publicized films and they aren't scalable; a good twitter/viral video campaign can push a small film into wider release which can take you from a gross of five million to ten or twenty million, but when you're talking about opening in thousands of theatres and having to gross two hundred million just to break even, this kind of non-traditional marketing is usually a waste of time.

But the entertainment industry loves to tell itself these stories: marketing to twenty-somethings helped make Toy Story 3 a hit; the Hangover shows that people want gross out gags and Apatow-style humor; Electra, Catwoman and Charlie's Angels II all bombed because they were female superhero movies with dark themes. None of these stories stand up to any scrutiny. All can be replaced by more credible explanations (usually starting with the quality of the script). But the industry still embraces these unbelievable accounts because of what they say about replication and risk.

William Goldman famously observed that when it comes to how well a movie is going to do "Nobody knows anything." That's not quite true. There is an optimal strategy: start with a strong script; keep people (particularly studio executives) away from it as much as possible; hire a competent director and a cast of good actors who fit their roles; provide an adequate marketing campaign that gives the potential audience an accurate impression of the film.

As straightforward as this may seem, this strategy gives little comfort to people in the industry for two reasons.

First, this is difficult to replicate on a large scale. There are writers who can turn out strong scripts (Goldman being the most obvious example) but they are hard to find and can take a long time to cultivate. To put together a team comparable to what Pixar has is a monumental task.

Second (and this is where Goldman's observation really kicks in), there is a great deal of unpredictability in the system. Sometimes film-makers will do everything right and the film will just fail to gel artistically. Other times a film will come out perfect but for some reason won't get the reception it deserves.

This need to find a comforting explanation for success and failure is not limited to Hollywood. Many if not most companies spend a great deal of time retroactively assigning causes to major successes and failures. There is usually little empirical evidence at work and quite a bit of politics and score settling, but even the most dubious of explanations have a way of making it into the official unofficial history.

For years (perhaps even to this very day), executives at McDonald's would tell you with absolute certainly that the deluxe line failed not because it was based on over-hyped, under-impressive menu items but because the ads showed Ronald playing golf.

Friday, June 18, 2021

Flying cars are still out of range

In the movie Thunderball (FRWL>GF>IHMSS>DN>YOLT>TB, but we'll talk about that later), possibly the most memorable/memorably stupid moment occurs when Bond, with gunmen in hot pursuit, stops to strap on a conveniently stashed Bell Rocket Belt and (through the magic of doubling) really flies a hundred yards or so. This doesn't allow him to escape (it actually diminishes his lead) but it is unquestionably cool.





While on the subject of range, let's pick up where we left off with the NYT's recent flying car article
Mr. Leng’s company, Opener, is building a single-person aircraft for use in rural areas — essentially a private flying car for the rich — that could start selling this year. Others are building larger vehicles they hope to deploy as city air taxis as soon as 2024 — an Uber for the skies. Some are designing vehicles that can fly without a pilot.
...

BlackFly is classified by the government as an experimental “ultralight” vehicle, so it does not need regulatory approval before being sold. But an ultralight also cannot be flown over cities or other bustling areas.

As it works to ensure the vehicle is safe, Opener does most of its testing without anyone riding in the aircraft. But the idea is that a person will sit in the cockpit and pilot the aircraft solo over rural areas. Buyers can learn to fly via virtual reality simulations, and the aircraft will include autopilot services like a “return to home” button that lands the plane on command.

It has enough room for a six foot, six-inch person, and it can fly for about 25 miles without recharging. The few Opener employees who have flown it describe an exhilarating rush, like driving a Tesla through the sky — an analogy that will not be lost on the company’s target customer.



No special expertise here so feel free to jump if I stumble but the 25 mile number really stands out. It's a very small distance, even as the crow flies, particularly for a rural area, but it gets worse.

You can't simply pick a destination in a circle with a 25 mile radius.  With any kind of aircraft, you need a cushion to allow for headwinds and unforeseen delays. Just to keep the numbers round, let's knock off ten miles for a fifteen mile safe range.

And just because a destination is safe doesn't make it practical. Without a fast charging option when you get there, you need to leave enough electrons in the tank to get back home. That limits you to 7 mile trips. Even with fast charging, the ratio of plugged-in time to flight time is ridiculous. 

To be clear, BlackFly is no doubt a fun ride and there's probably a market based on that alone, but as a form of transportation, it's about as serious as a water slide. 

This is not nascent technology, rich with potential approaches and possible breakthroughs. Though there has been considerable incremental progress, there doesn't appear to have been any revolutionary advances in the past five or so years, certainly nothing substantial enough to make this kind of personal electric VTOL craft viable. There is nothing on the horizon that would resolve the issues with range, or for that matter with public safety or air traffic control or noise.

This remains cool but impractical tech, and if that's what you're looking for, you might as well stick with the jet pack.