Tuesday, October 25, 2011

load01 10/25/2011

  • I TYPED these words on a computer designed by Apple, co-founded by the college dropout Steve Jobs. The program I used to write it was created by Microsoft, started by the college dropouts Bill Gates and Paul Allen.

    And as soon as it is published, I will share it with my friends via Twitter, co-founded by the college dropouts Jack Dorsey and Evan Williams and Biz Stone, and Facebook — invented, among others, by the college dropouts Mark Zuckerberg and Dustin Moskovitz, and nurtured by the degreeless Sean Parker.

    tags: culture

  • I take no pleasure in seeing anyone lose a job, but I can’t say that the recent headlines showing that America’s biggest banks have been losing money on their trading operations, and are having to radically shrink as a result, are entirely bad news for the country. Over the last decade, America’s banking sector got pumped up by steroids — in the form of cheap credit and leverage — every bit as much as Major League Baseball’s home run hitters. And if one result of the downsizing of Wall Street is that more of America’s best and brightest math and physics students decide to go into science and real engineering rather than financial engineering, the country will be a whole lot better off.

    tags: technology

Posted from Diigo. The rest of my favorite links are here.

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