Browsed by
Category: Silicon Valley

The End of Net Neutrality, or How I Stopped Worrying and Learned to Love the Blockchain

The End of Net Neutrality, or How I Stopped Worrying and Learned to Love the Blockchain

Last week, the FCC reversed the 2015 Net Neutrality Act and contrary to popular misconception, the internet did not disappeared. In fact, there has been a lot of disinformation or phacts as we now like to call them (in print, at least), as they bear little or no resemblance to the real thing, surrounding NN.

As for that so-called last mile, as Wired pointed out in 2014, prior to the first NN vote, in What Everyone Gets Wrong in the Debate Over Net Neutrality, “The net neutrality debate is based on a mental model of the internet that hasn’t been accurate for more than a decade. We tend to think of the internet as a massive public network that everyone connects to in exactly the same way. We envision data traveling from Google and Yahoo and Uber and every other online company into a massive internet backbone, before moving to a vast array of ISPs that then shuttle it into our homes. That could be a neutral network, but it’s not today’s internet… Ten years ago, internet traffic was “broadly distributed across thousands of companies,” said Craig Labovitz (CEO of DeepField Networks, an outfit whose sole mission is to track how companies build internet infrastructure) “..But by 2009, half of all internet traffic originated in less than 150 large content and content-distribution companies, and today, half of the internet’s traffic comes from just 30 outfits, including Google, Facebook, and Netflix… Because these companies are moving so much traffic on their own, they’ve been forced to make special arrangements with the country’s internet service providers that can facilitate the delivery of their sites and applications. Basically, they’re bypassing the internet backbone, plugging straight into the ISPs (and) essentially rewired the internet.” Read More...

Net Neutrality and Other Tech Oxymorons

Net Neutrality and Other Tech Oxymorons

The Net Neutrality (NN) issue has surfaced again under new FCC commissioner Ajit Pai, who’s threatening to reverse it. The tech cartel, including Google, Facebook and Twitter, have come down strongly against the move, framing it, once again, as control over that so-called last mile being the proverbial ‘us’ versus ‘them’ scenario. Why not? Worked the first time under the less than transparent 332-page regulation that passed in 2015. All things considered, we can’t help but wonder if the real problem is Ajit Pai or agitprop.

Net Neutrality basically mandates that all data on the internet must be treated equally, but that’s misleading. We’ve previously covered how the tech cartel has wrested enormous financial benefits and control over content under the 2015 rules, and given the amount of censorship that they’ve managed to exert since the rules went into effect, it seems that the telcos weren’t necessarily the problem and that NN was not necessarily the solution. Read More...

Mr. Zuckerberg Did NOT Go to Washington

Mr. Zuckerberg Did NOT Go to Washington

While Mark Zuckerberg may or may not be angling to move into the White House at some time in the none-too-distant future, Capitol Hill clearly holds no fascination for him.

Apologies if we sound a bit redundant, but given the testimony of Facebook, Twitter and Google before a Senate subcommittee this past week, hard to ignore the Russian ad issue/conundrum and its larger implications.

Net States Rule the World; We Need to Recognize Their Power, posits Alexis Wichowski in Wired. “Net-states are digital non-state actors, without the violence. Like nation-states, they’re a wildly diverse bunch. Some are the equivalent to global superpowers: the Googles, the Facebooks, the Twitters….There are also hacktivist collectives like Anonymous and Wikileaks….Regardless of their differences in size and raison d’etre, net-states of all stripes share three key qualities: They exist largely online, enjoy international devotees, and advance belief-driven agendas that they pursue separate from, and at times, above, the law.” Read More...

Tech and the God View

Tech and the God View

It seems that both users at large and governments are now turning against the tech megaliths, which includes Facebook, Google and Amazon. Silicon Valley Is Not Your Friend We are beginning to understand that tech companies don’t have our best interests at heart. Did they ever?, wrote Noam Cohen in the New York Times. We don’t need to catalog what globalization, the exploitation of labor and the seemingly unbridled power of platforms such as Facebook and Google has done and is doing to world economies and people, individually. Wages have diminished or stagnated, verticals are being consumed and choked. They control the conversation, with hitherto unheard of collection of personal data on vast segments of the population globally – Facebook claims two billion users and how many people, besides Yours Truly, strenuously avoid Google search and all things Google, where and when possible? Voice activation may indeed make our lives easier, but again, at what price? Are we so accustomed to surrendering our privacy for the sake of convenience that we shrug it off? Head’s up, in case you missed it: Warning over iPhone apps that can silently turn on cameras at any time. And, as the article points out, “Google has recently deleted several apps that surreptitiously recorded users and masqueraded as legitimate apps.”

Wonder how many they missed…

Remembering the God View

A while back, when Travis Kalanack was CEO, Uber got into trouble with its customer-tracking God View app, which allowed the company to track riders’ locations and other data. In one case, Uber executive Emil Michael proposed digging up dirt on journalists who were critical of his company and spreading details of their personal lives. The issue was settled. Fines were levied and Uber promised to limit God View data. That was 2014. Read More...

The Ostrich Effect

The Ostrich Effect

According to Sheryl Sandberg in her exclusive interview with Axios, Facebook is not a media company. Argues Business Insider, “How would you classify a company that:

Most would call that a media company. And most would expect that company to adhere to the standards, safeguards, and rules that all media companies do… A company such as Facebook, which distributes media and makes money off it by selling ads is, by definition, in the media business.”

Didn’t they get the memo? Or see Aaron Sorkin’s The Social Network? According to Sandberg, Facebook is a technology company, and can you name a major company out there today that isn’t driven by technology in some form? By Sandberg’s definition, Netflix, Hulu and Comcast would not be defined as media companies, either, and as Business Insider points out, “There are numerous reasons why Facebook would be reticent to admit it’s a media company. It could harm its sky-high valuation, which is currently at about $500 billion… It would also open Facebook up to regulatory rules in the US and other countries that it would rather avoid.” Read More...

Tech and the Rise of the Beta Male

Tech and the Rise of the Beta Male

Facebook has been having to issue a fair number of apologies lately. Nothing new here: Facebook’s Ad Scandal Isn’t a ‘Fail,’ It’s a Feature, says Zeynep Tufekci in the New York Times. “What does it take to advertise on Facebook to people who openly call themselves “Jew haters” and want to know “how to burn Jews”? About $10 and 15 minutes, according to what the investigative nonprofit ProPublica recently uncovered.”

Apologies were issued, but let’s do the math. “The Zuckerberg principle of management is push to the extreme, see what you can get away with, and then apologize and try to shift attention elsewhere. It has apologized for Beacon, psychological testing, faulty ad sale metrics, India strategy that smacked of colonialism. I think you get the point,” writes Om Malik. “Being open and transparent is not part of its DNA. This combination of secrecy, microtargeting and addiction to growth at any cost is the real challenge. The company’s entire strategy is based on targeting, monetizing and advertising.”

Nor was the latest bout of anti-Semitic advertising the first or only one. Lest we forget, Videos (posted to Facebook) teach would-be Palestinian attackers ‘how to stab’ a Jew, showing detailed instructional guidance on how to stab Israelis, methods for maximum bodily damage, and ways to create deadly weapons to carry out attacks. Read More...

Universal Basic Income and the Question No One Asks

Universal Basic Income and the Question No One Asks

At no other time in the history of the world has so much wealth been concentrated in the hands of so few – and amassed in so short amount of time. More worrisome still is the amount of power and global reach of those few, especially considering that their basic stock in trade is surveillance (Former Facebook executive says Google, Facebook are ‘surveillance states’ and risk more regulation).

Social Capital CEO Chamath Palihapitiya, the aforementioned Facebook executive, is more bullish on Amazon, as, in his opinion, the online retailer has more competition than Google and Facebook. Um, did he not take into consideration Alexa, or the fact that Amazon Web Services is now authorized to host the US Department of Defense’s most sensitive data, including top secret Pentagon and NSA information.

Ok, this story hit the press the day after his prognostications were published, but we’re sure that this was known in circles prior to the announcement, what to speak of the fact that Alexa has been used as a witness in a murder trial, so how is Amazon not part of the surveillance state? Read More...

Think Bigger

Think Bigger

We hear startup proposals from entrepreneurs – many of whom are Millenials and this is not a swipe at Millenials at all, not to worry – and oftimes their ideas include a social good component. We have nothing against social good – au contraire – and often, no matter what the full platform/pain-point solution, the entrepreneur tends to focus on the social good component. Often to the exclusion of all else, or they may bring it up five to ten minutes into the investor pitch.

Things To Remember:

  1. You’re there at the pitch to get money/funding from the investors
  2. The investors are about money, too – they have LPs to answer to
  3. No matter how worthy your social good angle, bottom line: consumers are selfish – what’s the value add to them, besides the fact that, say, you want to educate every single person in the world? Nice – how does your laundry detergent help me (and we mean the royal/inclusive ‘me’ here) to completely remove all stains (if that’s what you’re offering) at a price point that’s going to inspire me to give up my current laundry detergent. Nice that it’s also going to completely reverse the effects of water pollution and you also have a social good angle – you want to contribute 50% of the profits to help educate the world, but at, say, $200 for a box of detergent, no matter how good your overall intentions, that’s a non starter.
  4. Investors have the attention span of a gnat, with all due respect to our investor friends out there. It’s not that they’re necessarily ADHD: they’ve been there/done that/heard it all before/burned the tee shirt: they want to know about your product, not your conscience. Being able to pay back their LPs – with nice returns – that’s what helps them sleep at night. Too.

Get to the point, throw in the social good angle later, if you need to, or to roughly cite Jerry Maguire, it’s you lost me at ‘hello.’

Same with your customers. Read More...

The Titans of Tech Went to Sun Valley and All They Brought Me Was this Lousy Hashtag

The Titans of Tech Went to Sun Valley and All They Brought Me Was this Lousy Hashtag

The tech oligarchs gathered in Sun Valley for most of the past week, and besides a few arrival photo opportunities, there was pretty much a media blackout. Or, at least the media was allowed only in certain places at certain times.

They arrived primarily in private jets, despite the fact that they’re the ones who most often sound the alarm when it comes to global warming.

Despite the tight security, most of them also arrived with personal armed guards, if not veritable private armies, despite the fact that they’re supposedly anti-guns. Read More...