ENTRIES TAGGED "Paul Graham"
Collapsing Transaction Costs, Scientific Research Reputation, Retro Adventure Ambition, and Where Startups Come From
- When Transaction Costs Collapse — As OECD researchers reported recently, 99.5 per cent of reciprocal access agreements occur informally without written contracts. Paradoxically, as competition becomes more intense or ”perfect”, it becomes indistinguishable from perfect co-operation – a neat trick demonstrated in economists’ models a century ago. Commentary prompted by an OECD report on Internet Traffic Exchange. (via Laurence Millar)
- Faked Research is Endemic in China (New Scientist) — open access promises the unbundling of publishing, quality control, reputation, and recommendation. Reputation systems for science are going to be important: you can’t blacklist an entire country’s researchers. Can you demand reproducibility?
- The Hobbit — ambitious very early game, timely to remember as the movie launches. Literally, no two games of The Hobbit are the same. I can see what Milgrom and the others were striving toward: a truly living, dynamic story where anything can happen and where you have to deal with circumstances as they come, on the fly. It’s a staggeringly ambitious, visionary thing to be attempting.
- How to Get Startup Ideas (Paul Graham) — The essay is full of highly-quotable apothegms like Live in the future, then build what’s missing and The verb you want to be using with respect to startup ideas is not “think up” but “notice.”
Hardware Hacking, BI Reporting Tool, Book Recommendations, and Winning the Futurist Lottery
- Dangerous Prototypes — “a new open source hardware project every month”. Sample project: Flash Destroyer, which writes and verifies EEPROM chips until they blow out.
- Wabit — GPLv3 reporting tool.
- Because No Respectable MBA Programme Would Admit Me (Mike Shaver) — excellent book recommendations.
- The Most Prescient Footnote Ever (David Pennock) — In footnote 14 of Chapter 5 (p. 228) of Graham’s classic Hackers and Painters, published in 2004, Graham asks “If the the Mac was so great why did it lose?”. His explanation ends with this caveat, in parentheses: “And it hasn’t lost yet. If Apple were to grow the iPod into a cell phone with a web browser, Microsoft would be in big trouble.”