By Tom Wheeler – We carry in our pockets and purses the greatest democratizing tool ever developed. Never before has civilization possessed such an instrument of free expression.
Yet, that unparalleled technology has also become a tool to undermine truth and trust.
The glue that holds institutions and governments together has been thinned and weakened by the unrestrained capabilities of technology exploited for commercial gain. The result has been to de-democratize the internet.
We exist in a time when technological capabilities and economic incentives have combined to attack truth and weaken trust. It is not an act of pre-planned perdition. Unchecked, however, it will have the same effect.
For a century-and-a-half, the economic model for media companies was to assemble information in order to attract eyeballs for advertising. To maximize that reach, traditional outlets curated that information for veracity and balance.
In stark contrast, the curation of social media platforms is not for veracity, but for advertising velocity. more>
Posted in Book review, Broadband, Business, CONGRESS WATCH, Economy, Education, History, Leadership, Net, Technology
Tagged Broadband, Business, First Amendment, Government, Internet, Leadership, United States
By John Hawkins – 100G. One hundred billion bits per second. Let that sink in for a minute.
You may have seen broadband offers from your local phone, cable, or wireless operator for 1 Gb/s services. But 100 Gb/s? Nice as it sounds, who needs it? Well, you’d be surprised.
As it turns out, 100GbE service is in demand for several reasons. Not in your residential context, mind you, but in a growing number of enterprise and operator scenarios – and it’s starting to get noticed. Current industry projections estimate that almost $7B (US) worth of 100G Ethernet services will sell this year, and will approach $20B by 2020.
We have been experiencing continued growth in bandwidth consumption for years. No surprise there. Shipments for 1GbE ports are still the sweet spot and the volume leader, while 10GbE ports are gaining ground according to Ovum. The trend is driven primarily by the growth in enterprise/residential service aggregation, mobile network buildouts, and data center interconnect. more>
Posted in Broadband, Communication industry, Economic development, Economy, History, Product, Science, Technology, Telecom industry
Tagged 100GbE, bandwidth, Broadband, Ciena, Ethernet, Fiber optics, Internet, Technology
By Vanessa Williamson – First lesson: the top-heavy tax cuts on the policy agenda today are not the natural outcome of a widely held antipathy to taxation, or an admiration for wealthy people that is sometimes ascribed to the American public. Americans are more willing to pay taxes and are more concerned about economic inequality, than you might think.
Martin’s key insight is explaining how wealthy people managed to build broader constituencies for their tax cuts: by channeling frustration about other aspects of the tax code into support for policies that mostly cut rates at the very top.
So, what’s the takeaway? We can’t explain the tax reform on the table in Washington by looking at the preferences of most Americans. Instead, the impetus for top-heavy tax cuts comes from organized interests working strategically to disguise the regressive effects of the policies they have proposed, or by connecting their big-business-friendly policies with cultural and ethnic resentments that continue to motivate large swathes of the voting public. more>
Posted in Book review, CONGRESS WATCH, Economy, Education, History, Leadership, Media, Regulations
Tagged Congress Watch, Economic inequality, Government, Leadership, Regulations, United States
By Yari M. Bovalino – A few years ago, scientists working in GE labs in upstate New York came up with a cool idea for fixing broken parts. Literally. Calling the approach “cold spray,” they shot tiny metal grains from a supersonic nozzle at aircraft engine blades to add new material to them without changing their properties.
Anteneh Kebbede, manager of the Coatings and Surface Lab at the GE Global Research Center, who helped developed cold spray, said the technology can build whole new parts with walls as thick as 1 inch or more. “For manufacturers, the potential benefits are enormous,” Kebbede says. “Imagine being able to restore an aging part to its original condition with a tool that looks like a spray gun.” It is “like a fountain of youth for machine parts.”
GE engineers have already taken a dip. Earlier this year, engineers at the GE Aviation subsidiary Avio Aero started testing the technology in Bari, Italy. Last month they used it to repair the first part: a gearbox from the world’s most powerful jet engine, the GE90. more>
Posted in Economic development, Economy, How to, Science, Technology, Transportation
Tagged 3D printing, Additive manufacturing, Business improvement, Cold spray, GE, Jet engine
The Vanishing American Corporation: Navigating the Hazards of a New Economy, Author: Gerald F. Davis.
By Rick Paulas – On the last day of the year of 1600, the East India Company was created. It was the precursor to the modern corporation, an organizational idea that’s lasted more than 400 years. But will the corporation continue to be dominant forever?
To Gerald F. Davis, signs of the corporation’s futility began in the 1980s and ’90s, as the rise of financialization—in which financial services account for a higher share of national income than other sectors—transformed the American economy.
The transformation came through a dismantling of New Deal-era protections, including decades of court decisions that chipped away at the Glass-Steagall Act, the 1933 legislation separating investment and commercial banking. As Suzanne Burger, a political science professor at the Massachusetts Institute of Technology, put it in a 2014 piece: “[S]ince the 1980s, financial market pressures have transformed U.S. corporate structure itself.” Instead of manufacturing or services, Wall Street became the economy’s driving force.
Davis says the future of the economy can go in two directions, depending on how quickly and powerfully masses organize. The first is the nightmare scenario: A few chief executive officers from a handful of companies (Davis suggests technology giants Google, Facebook, and Amazon as the likely trio) wielding unchecked power.
“If Mark Zuckerberg wanted to sell Facebook to Vladimir Putin for one trillion dollars, he has the power to do so,” Davis says. “It’s a concentration of control we haven’t seen in American history before.” more>
Posted in Book review, Broadband, Business, CONGRESS WATCH, Economy, Education, History, Leadership, Media, Net, Technology
Tagged Broadband, Capital, Congress Watch, Financial crisis, Financialization, Government, Internet, Leadership, United States