The web also has the invaluable property that it has no particular need to target the lowest common denominator.
If you’re running a TV or radio show, you need to ensure that your audience can understand everything you broadcast.
Newspapers are similar
via Is There a Wonk Bubble? – Felix Salmon – POLITICO Magazine.
The question of new jobs is how many employers have work that would necessitate these new, low-wage positions.
via What the US would look like with no minimum wage – Vox.
Even the vast majority of private nonprofit colleges aren’t especially selective:
Just 20 percent accept less than half of their applicants.
Colleges with acceptance rates in the teens or single digits are overrepresented in the media,
but they’re outliers in American higher education.
via What most people get wrong about college students – Vox.
As we transition to an economy dominated by knowledge workers rather than assembly-line workers,
we haven’t yet figured out the best formula for maximizing productivity—something that, in any event,
will vary from region to region and sector to sector.
via Sweden: The New Laboratory for a Six-Hour Work Day – Uri Friedman – The Atlantic.
To get to 100, you need ten.
To get to ten, you need one.
So how do you get to one?
via Why the 'Next Silicon Valley' Is Always Silicon Valley – Derek Thompson – The Atlantic.
The platform is aimed at hotel marketers who use it to leverage the opaque hotel pricing and reservation model.
Opaque pricing refers to selling unsold hotel or airline inventory at discounted prices, but without revealing the identity of the supplier (hotel or airline) to avoid cannibalizing full-price retail sales.
via Can Google Disrupt The Online Travel Industry? – Business Insider.
With greater scale, the combined company will achieve increased efficiencies and synergies, Comcast says.
Not that any of those efficiencies will be passed on to consumers:
“We’re certainly not promising that customer bills are going to go down or even increase less rapidly”
via Comcast Pretends to Be on Your Side – Bloomberg View.
Any time a European government announces tax cuts without saying where all the money will come from, or mentions the word “efficiencies,” hold on to your wallet.
via France's Economic Plan: Hope for Miracles – Bloomberg View.
Pumping more liquidity into the market won’t resolve the enormous post-crisis legacy of bad debt.
If regulators and policy makers concentrate on getting banks to recognize their losses, recapitalize and move on, the euro area will be in much better shape to live in a world without easy money.
via Fix the Banks, Fix Europe – Bloomberg View.
“.. if you take a standard IT workload, there are periods where the server is at a high load but during a 24/7 working week, [and] there are significant periods when it’s on low use.
“So there will be points where you’re using 3GB and paying for 8GB. The typical user is nowhere near their capacity limit.”
via Is cloud computing about to get cheaper because of Linux? – Computer Business Review.