Q: You've been ringing alarm bells about commodity prices. Why all the worry?
A: They came down for a hundred years by an average of 70 percent, and then starting around 2002, they shot up and basically everything tripled—and I mean, everything. I think tobacco was the only one that went down. They've given back a hundred years of price decline and they gave it back between '02 and '08, in six years. The game has changed. I suspect the game changed because of the ridiculous growth rates in China—such a large country, with 1.3 billion people using 45 percent of the coal used in the world, 50 percent of all the cement and 40 percent of all the copper. I mean these are numbers that you can't keep on rolling along without expecting something to go tilt.
Don't get involved in partial problems, but always take flight to where there is a free view over the whole single great problem, even if this view is still not a clear one.
The reason so many programmers have switched to Macs over the past decade isn’t just OS X and nice third-party Mac software; Apple remains the laptop manufacturer to beat in an era where desktop computers have all but vanished in most development shops.via al3x.net
Mitch Lasky, general partner at Benchmark Capital and a longtime video game industry follower, said, “To quote my six year old daughter, barely looking up from her iPad: ‘What’s a Nintendo?’”
As was revealed today, the NSA also works with security product vendors to ensure that commercial encryption products are broken in secret ways that only it knows about. We know this has happened historically: CryptoAG and Lotus Notes are the most public examples, and there is evidence of a back door in Windows. A few people have told me some recent stories about their experiences, and I plan to write about them soon. Basically, the NSA asks companies to subtly change their products in undetectable ways: making the random number generator less random, leaking the key somehow, adding a common exponent to a public-key exchange protocol, and so on. If the back door is discovered, it's explained away as a mistake. And as we now know, the NSA has enjoyed enormous success from this program.
Anyone in business, of any kind, that hasn't read Clayton Christensen's "The Innovators Dilemma" is eventually doomed. John Gruber of Daring Fireball points out this weakness in the Washington Post's article sympathetic to Ballmers demise...
Seems to me Lee is in fact arguing that Microsoft’s decline was exactly Ballmer’s fault. His refusal to allow any other projects within Microsoft to disrupt Windows or Office made it inevitable that such disruptions would come from other companies. Christensen’s The Innovator’s Dilemma was itself disruptive to standard business practices, but it came out in 1997. Did Ballmer not read it? Did he think Microsoft was somehow immune?
Via Daring Fireball
Whoever gets credit for Apple’s plan to return more cash, the move shows Apple is no longer immune to shareholder pressure. The company now walks among the mortals.
At Sprint.ly we’re big fans of shipping. So much so that we militantly remove anything that stands in our way of shipping, including process.“You can’t ship process.” – Ethan Kaplan, VP of Product at Live Nation