Category Archives: Technology

UPDATED: Plain IPO, Or A Planet Unto Itself?

Business, Capitalism, Democracy, Internet, Technology

I’ve been debating futilely with someone about the value of purchasing Facebook stock, pursuant to the IPO (Initial Public Offering).

In my opinion—and I am not a stockbroker or an expert; just a rational thinker who uses (as opposed to hangs-out on) Facebook—at $38 to $42 a share, Facebook stock is not that expensive.

You have to be bereft of an imagination, and/or someone who has never used Facebook to productive ends—not to realize that Facebook is no hot air, Dot.com financial balloon.

Facebook is a planet unto itself, a global, social and political tool; a revolution.

UPDATE: I would compare the invention of Facebook to the discovery of a planet. The products of many a dot.com come and go; Facebook is here to stay. I said that to my better half a short while after joining FB last year (2011). Bono might be “a chap who fronts a three-chord band of unimpressive droners,” but he knows a good business deal when he sees one.

UPDATE II: Manhattan Le Magnifique

America, Capitalism, Ilana Mercer, Racism, Technology, The West, Trade

YES, MANHATTAN’S STILL THE GREATEST. I say so in reply to Barely a Blog reader Sunny Black.

Another reader, “Contemplationist”—he was at the libertarian-cum-Objectivist New York City Junto gathering, where I featured as speaker for the month of May, 2012—had once admonished me on the blog: “You gotta see things to believe them.”

As I crisscrossed Manhattan in high-heels (naturally) on lengthy walks, I was overcome with a surge of patriotism for very specific (and modest) reasons.

I had hoped to keep this passion and the attendant insights for a new column on a new forum. Stay tuned.

No other city I’ve visited in my longish lifetime measures up to Manhattan (New York City). Paris sucks by comparison—and I loved that city in the 1980s, before “les beurs”—the darling buds of France, aka her raging Muslim youths—took over.

Manhattan Le Magnifique.

UPDATE I: Huggs: People were okay and efficient, compared to the sullen slackers of the Pacific Northwest. On the subway, certain sorts glared angrily and refused to let you sit down, preferring to hog the entire bench. I was only too pleased “they” did not lunge at me, though. No wilding attack. And Central Park is the most beautiful place ever for a runner. I was up Sunday at 6:00AM because of jet lag, I guess. By 7:00am I was running. There were many many people doing the same. Fabulous.

UPDATE II: At the South-Street Sea Port, on the East River, near Wall Street. What a skyline.

UPDATED: Now Hardhats Are Heroes (8 Years On)

America, China, Media, Technology

They’ve erected only an “unfinished skeleton” of the “One World Trade Center,” 11 years after the twin towers were destroyed on Sept. 11, 2001.” Even FoxNews concedes that the “milestone is a preliminary one.”

And we are not told how long this thing took to build.

Still, there’s an enormous fuss already. Everyone involved is being hailed as a hero. (No doubt, interviews are being lined-up, and current-events programs are dispatching their equivalent of Diane Sawyer to solicit a tear fest.)

About the original structure, Myron Pauli, our unorthodox pal and BAB contributor, wrote:

Call me jaded or unsentimental” … “but the World Trade Towers were ugly Rockefeller buildings built by the abuse of eminent domain [my friend’s dad lost his job at a private firm there], and taxpayer theft and operated at a great loss to the taxpayers. They were known mainly for a dreadful remake of King Kong. While I mourn the loss of 3000 Americans, I am not about to elevate the Towers into the Beit Hamikdash (The Temple in Jerusalem).

Meantime, with no fuss at all, “200 workers constructed a 30-story building in China’s Hunan Province in a little more than two weeks.” The industrious man behind this project says his insta-skyscraper will “withstand a 9.0-magnitude earthquake,” and is built to the “highest environmental standards.”

Gives one a perspective …

UPDATED: It took 8 years to build the thing. Heard it from Lou Dobbs’ mouth.

UPDATE III: Experience Revered (Scientific Second Coming)

China, Etiquette, Intelligence, Outsourcing, Race, Racism, Technology

“How many grey hairs and no-hairs are in the group?” That, I am told, is a standard inquiry Taiwanese engineers make about their American counterparts in hardware engineering. Unlike their youth-worshiping American colleagues, the Chinese know that the presence of “grey hairs and no-hairs” in the collaborating high-tech group means that problems will be solved. Black hairs are unlikely to do much more than talk a good game.

The Chinese respect experience, and for good reason. It’s a fact of life that experience, so often discounted in the American workforce for fresh-faced fools, gets things done, as it has grappled with problems for longer than inexperience.

UPDATE I: Contemplationist: You might wish to refer to the post. I spoke very specifically about hardware engineers being mostly older (naturally, the field is more demanding, aka less “fun,” and thus draws fewer Millennials). However, even your exuberant, MTV-type assessment of the software field is likely also refutable, colored by a few high-profile personalities and celebrities.

UPDATE II: Contemplationist is confusing a science fair with the work place where real design is done; where the playthings that keep America’s young, twittering twits’ brainwaves from flatlining are designed. My own sources, as some of you know, work deep in the belly of the beast that makes the gadgets that Contemplationist is vaporizing about. What Contemplationist seems to be describing resembles the science fair CNN’s Soledad O’Brien once attended, where American kids, hopped-up on self-esteem, were pressing buttons, and creaming in showy enthusiasm. The “designs” they were praised to the heavens for amounted to cheap, made-in-China circuits, purchased online and stuck into cool-looking “robots.” Of course, from Soledad’s descriptions you’d think this was some kind of scientific Second Coming.

Color me skeptical.

UPDATED III (April 27): Generation Jobless.

UPDATE IV (1/1/021): Old White Guys.

This is news? The Chinese, unlike the American competition, know that the best engineers are older White Men. Nokia’s mobile division, dumped by Microsoft, was vacuumed up by … ? And who invented the cool stuff that launched America as an industrial might?