The Third Industrial Revolution (The Economist) — A number of remarkable technologies are converging: clever software, novel materials, more dexterous robots, new processes (notably three-dimensional printing) and a whole range of web-based services. The factory of the past was based on cranking out zillions of identical products: Ford famously said that car-buyers could have any colour they liked, as long as it was black. But the cost of producing much smaller batches of a wider variety, with each product tailored precisely to each customer’s whims, is falling. The factory of the future will focus on mass customisation–and may look more like those weavers’ cottages than Ford’s assembly line.
Hiring Executives (Ben Horowitz) — I am going to meditate for a while on Consensus decisions about executives almost always sway the process away from strength and towards lack of weakness.
Valve’s Handbook for New Employees (PDF) — Since Valve is flat, people don’t join projects because they’re told to. Instead, you’ll decide what to work on after asking yourself the right questions (more on that later). Employees vote on projects with their feet (or desk wheels). Strong projects are ones in which people can see demonstrated value; they staff up easily. This means there are any number of internal recruiting efforts constantly under way. Reminds me of Google, and I wonder how Valve manages politics in an organic hierarchy organization. (via Andy Baio)
Facebook Numbers — On average, Facebook earned $1.21 on each of its users this last quarter. I’d love to be able to pay them $10/yr and have them work for me instead of for [insert best-fit advertiser here].