0600 Benedict’s Newsletter: No. 335 arrived yesterday and I scanned it on my phone. 15% of global internet traffic is Youtube and 11% is Netflix – more than a quarter of the traffic. Then I read his essay Covid and cascading collapses. You should too. Ever seen a soufflé collapse when the oven door opens? Technology collapses don’t happen the way you think or remember. And that makes them hard to predict. But what does seem useful is to know is Lenin’s astute observation that you can get a decade of inevitable in a week.
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Networth$
A 2017 Dalkey Book Festival talk I attended has lingered in memory. It was ostensibly about America, Russia and the new Cold War. It awoke something else in me. I was, at that time, professionally engaged in seeking geosicence applications for algorithms and machines that could learn. What I sought was time. I saw (and see) algos and ML as labour saving devices like the clothes- and dish- washers that continue to liberate people from drudgery. Freedom from repetitive, mind numbing tasks, creates the opportunity to pursue more rewarding things. And I sought to help my colleagues find unseen correlations, derive new insights and put their time to more creative uses. There wasn’t an easy answer to be had.
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