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Month: April 2018

Review: Americana – A 400-year History of American Capitalism

To cover 400 years of American business history or capitalism is a daunting task. Fortunately, the author Bhu Srinivasan is up to the challenge. Penguin Press, 2017. Bhu Srinivasan, 500 pages. Srinivasan, from what appears from the blurb, is a successful venture capitalist. He evinces genuine admiration for both writing and capitalism. However, the book does suffer from what any attempt to trace 400 years of American capitalism would be constrained by. The absence of a strong overarching thesis. To get around this constraint, Srinivasan devices a set of themes and chapters.  (Without much ado, I reproduce the chapters classified under themes.  The chapters that I thought were strong, I highlighted in bold.) Chapters:  Venture,  Tobacco, Taxes, Cotton, Steam, Canal, Railroads,  Telegraph,…

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Facebook: 3. The Future is Small

This is third (and final) in the series of posts thinking aloud about the Facebook Kerfuffle.  See the first post on the nature of Information Leakage, and the second post on FOMO and how networks fall. In this post, I spend some time mulling about societal, not social, aspects of the network, the compliance, and the complicity of everyone including researchers. I suggest some operational changes that could be helpful.  This is a complicated platform problem; There is no magic bullet, but a hodgepodge of contextual solutions, but I try to frame them in an over-arching narrative. — Thinking about Facebook, I recollect a conversation that I had with a researcher on networks, and a good friend (in real life), …

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Facebook: 2. When FOMO Falls…

This is the second article in a series of posts on thinking about Facebook Kerfuffle. You can read the first article (on Leaky Platforms) here. In this post, I focus on how networks can fall.  To illustrate the tentativeness in the growth and decay of platforms, bear with me, as I start with a Romantic Comedy from the 80s. In the under-rated classic Say Anything (above picture), John Cusack’s underachieving and kickboxing Lloyd woos Ione Skye’s accomplished and resplendent Diane, by playing Peter Gabriel’s “In Your Eyes”, on a boombox held over his shoulders, loudly beseeching her to come back. It is an iconic pop-culture scene, freezing the eighties — before the advent of the late nineties of Windows and the aughts…

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Facebook: 1. Information Leakage on Platforms

In the light of Guardian’s investigative reporting sourced on the whistleblower at Cambridge Analytica, it appears that almost all of the internet has been upset with Facebook. After an extended silence of several days, Zuckerberg was finally on a semi-apology tour of “exclusive” interviews about the “breach” of trust or data (or both or neither). In many ways, we are witnessing a perfect storm of confusion involving politics, modern notions of privacy, the role of tech in our lives,  the ethics of data-sharing/micro-targeting, and organizational leadership. Instead of ruminating on the above issues, I focus on three specific aspects of Facebook kerfuffle over a set of three blog posts. (This post is entirely focusing on the first issue.) Platform Designs…

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