Category: Technology Run Amok

Posted on // 11 Comments

Oh No Crypto Bro

I’ve followed this story with some delight. Apparently Michael Lewis, who wrote The Big Short, has been trailing FTX guy Sam Bankman-Fried around, so we’ll certainly get a kick-ass film out of it someday. Among many, many remarkable facets to the tale is that the crypto market has supposedly lost $2 trillion of valuation this year… and Wall Street has barely flinched.
When Sequoia Capital – allegedly the most intelligent venture capital firm – invested $210 million in FTX last year, it asked to see financial reports and instead was told “we’ll send you a few bullet points.” It’s traditional when investing that much into a firm to have someone on the board, but Bankman-Fried wouldn’t let anyone on the board of directors, which was him, an attorney, and an FTX employee.
For a company “worth” $32 billion at one point.

Zero oversight! What could go wrong?

I’ve followed developing news with Patrick Redford of Defector, who is typically hilarious. But there are several excellent reporters and twitter feeds. Ed Zitron on Twitter is great.

Here, a professor of finance at King’s College splains it to us. He keeps showing photos of Phil Spector for Sam Bankman-Fried, so gotta respect his game:

It’s an exciting time to be in the crypto world.

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All Your Face Are Belong To Us

For $29.99 a month, a website called PimEyes offers a potentially dangerous superpower from the world of science fiction: the ability to search for a face, finding obscure photos that would otherwise have been as safe as the proverbial needle in the vast digital haystack of the internet.

A search takes mere seconds. You upload a photo of a face, check a box agreeing to the terms of service and then get a grid of photos of faces deemed similar, with links to where they appear on the internet. The New York Times used PimEyes on the faces of a dozen Times journalists, with their consent, to test its powers.

PimEyes found photos of every person, some that the journalists had never seen before, even when they were wearing sunglasses or a mask, or their face was turned away from the camera, in the image used to conduct the search.

I’m sure that this technology will only be used for noble pursuits.

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These Were Great

Here’s all the Get a Mac ads that ran … 16 years ago?!

The original American advertisements star actor Justin Long as the Mac, and author and humorist John Hodgman as the PC, and were directed by Phil Morrison. The American advertisements also aired on Canadian, Australian, and New Zealand television, and at least 24 of them were dubbed into Spanish, French, German, and Italian. The British campaign stars comedic duo Robert Webb as Mac and David Mitchell as PC while the Japanese campaign features the comedic duo Rahmens. Several of the British and Japanese advertisements, although based on the originals, were slightly altered to better target the new audiences. Both the British and Japanese campaigns also feature several original ads not seen in the American campaign.

The Get a Mac campaign is the successor to the Switch ads that were first broadcast in 2002. Both campaigns were filmed against a plain white background. Apple’s former CEO, Steve Jobs, introduced the campaign during a shareholders meeting the week before the campaign started. The campaign also coincided with a change of signage and employee apparel at Apple retail stores detailing reasons to switch to Macs.

The Get a Mac campaign received the Grand Effie Award in 2007. The song in the commercial is called “Having Trouble Sneezing” by Mark Mothersbaugh.

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High In The Sky . . .

. . . is what you would have to be to come up with this.

Inversion is building earth-orbiting capsules to deliver goods anywhere in the world from outer space. To make that a reality, Inversion’s capsule will come through the earth’s atmosphere at about 25 times as fast as the speed of sound . . .

Inversion aims to develop a four-foot-diameter capsule carrying a payload equivalent to the size of a few carry-on suitcases by 2025.

And one day, a shortcut through space could allow for unimaginably fast deliveries — like delivering a New York pizza to San Francisco in 45 minutes.

As you might imagine, there has been no shortage of venture capital to bolster this vision. Story here.

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Suckers Wanted

Julian Lennon will auction NFT’s of some of his prized memorabilia: John’s black cape from Help, a Les Paul ( I guess Yoko owns the Epiphone Casino), Paul’s handwritten notes for “Hey Jude,” and some other treasures.  He’s keeping the originals.  In Julian’s words,

I actually felt very bad about keeping all that stuff locked away, and I just felt that this was a unique way to continue dad’s legacy and show people the collections I have…

Aw, how nice.  John’s legacy needs so much  help these days.  And I’m sorry he feels bad, but the money should help that.

You can’t have your cake and eat it, but with NFT’s you can have it and sell it!

There’s a sucker born every minute.  –PT Barnum

Never give a sucker an even break.  –WC Fields

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Pedal Pusher

I think my meager collection includes a RAT, a chorus, and a wah-wah, and I have no idea where they are. It’s about all I deserve. This guy, though:

“The merits of a geezer with my inconsiderable musical skills owning even one Big Muff are debatable; more than one is indefensible. See, I have a problem. I quit drinking 35 years ago and began spending beer money on guitars and related toys, like amps and speakers and, worst of all, effects.

My guitarsenal now takes up so much space in my house that I “joke” that at this point I would have been better off had I just kept drinking. Pedal addiction is particularly evil because so-called stomp boxes take up so much less space than instruments or amps or speakers, and also because there’s so damn many different ones out there! I realized long ago that I have too many pedals, and also that I’ll never own enough. Now I’ve got suitcases and drawers and cardboard boxes full of them. I’ve also got a rack effects problem, a close cousin of pedal addiction. I spent last weekend in the basement wiring up a ridiculous arsenal of decades-old tube overdrives and multi-effect units in one big shelf. Push a few buttons, and this assemblage of rock electronics can turn “Kumbaya” into “Eruption.”

Effects aren’t for everybody. The Beatles, it should be noted, weren’t pedal pushers. Gearheads took to message boards to marvel about how in the new documentary about the band, Get Back, pedals get next to no play. Eagle-eyed nerds claim to have spotted a Fuzz Face, a box also stomped on in that era by Jimi Hendrix. But little else in the way of tone-enhancing implements could be spotted. (I haven’t watched much of Get Back yet, but of the scenes I’ve seen so far, nothing hit me harder than seeing John Lennon playing through an Ampeg B15 amplifier. I have two Ampeg B15s.) Then again, there weren’t that many pedals being sold in their day, and as the new doc shows these guys had sound technicians in lab coats walking around Abbey Road Studios, inventing sounds for them on request.

It has been reported, but not confirmed, that there are bassists and keyboardians amongst us. Do you people use effects pedals? Do you need a Rick Nielsen secret storage location to manage them?

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I’m Not Your Crypto Tool You Tool

Hopefully no one here watches the sportsballs, as recently you would have seen this ad ad nauseum.

Periodically I enjoy trying to make sense of speculative digital currency, most of it not even underpinned by scarcity. It makes my brain hurt.
Bitcoin, Ethereum, NFT – sounds like electronica I’m too old to fathom.

And apparently it’s terrible for the environment: a single Bitcoin transaction consumes the same amount of power that an average American home uses in a month.

Twitter, please roast this clown:

I can just not stop laughing that Matt Damon’s pitch for crypto is “Be like a brave explorer, invest your life savings in crypto.”

This commercial where Matt Damon compares buying $5 in ElonAssCoin to the Wright Brothers inventing flight or astronauts exploring space really hypes me up!