They did very well back then and probably still do. If I had any stock, however, I'd probably sell around the time Cloud Print looked like it would get traction...
1,203 karma · joined December 6, 2008
They did very well back then and probably still do. If I had any stock, however, I'd probably sell around the time Cloud Print looked like it would get traction...
I bought myself the Pocketbook 360 for christmas and it works like a charm: hooking it up to my computer has Calibre download all new articles from Instapaper, convert to ePub and transfer to the reader.
Even better, when I read on my Pocketbook I don't get distracted because it doesn't do Internet. Thank god.
His books (my favorite: "The Overdeveloped Nations") are not only extremly insightful but actually fun to read.
You sign up, regularly put in your current meter readout and get an estimate of your monthly and yearly electricity bill. No hardware required. I've gotten a number of signups since and some people really get religious about putting in their data - some do it every other day!
Getting your energy consumption down can be an interesting sport, see the Tweet-A-Watt.
Take Youtube, for instance: people go to considerable lengths to create videos that others find interesting. Then they sit glued to the screen watching the view counter go up. There's a currency: people paying with their time (which everybody only has a fixed amount of) for someone's work creating videos.
Now have some ISP give extra bandwidth to people with Youtube videos over x thousand views. It doesn't cost them much "real" money since bandwidth is more or less a fixed cost but you have turned "virtual" money into a currency.
Granted, the example is a bit contrived but you can see where I'm going with this.
I think there's a lot than can be done in this field - not with micropayments, which everybody seems to think about first when they see this. What I find a lot more interesting is the possibility of many competing Internet currencies not tied to any national one.
How about turning HN karma into a currency? Probably no mass-market appeal... what's lacking is a killer application for digital money and when it comes, it'll probably be in a form that doesn't seem like money to us now.
In a couple of decades, our kids will be asking us: "... and you had heavy trucks deliver goods within the city? Nasty."
Accuracy obviously depends on how often you enter your meter count but it was fine for shared flats that needed to split their electricity bill and sublets.
We're using it for our shared flat and I still think it would be a good holdover until dynamic meters are rolled out everywhere. I even thought up a fitting domain name and put the app online. Before I even got any users, though, some marketing company got wind of it and offered me a load of money for the domain name - so I sold it.
I'll put it back online once I think of a new name but it's low priority. I'm not sure how many people would actually bother with putting in their data.
The Google version looks more professional, though...
Drug use is a facet of human existence that needs to be managed, not a virus to be exterminated...
It's probably similar to rdiff-backup, which I haven't used. If you're fine with daily or hourly backups and don't have too much data (<100 GB), rsnapshot together with regular SQL dumps works fine.
Basically, he's saying that micropayments will not work because they introduce a transaction cost into the act of reading: you not only have to decide if you want to read (or skim) the article in question, you have to decide if it's worth x cents as well.
And that transaction cost kills the transaction before it happens, never mind the x cents that would have been transferred.
I developed it to scratch my own itch: we share a flat and had to pay a lot for electricity at the end of one year because the the advance payments we pay monthly didn't cover our usage. Since then I noted the meter count monthly so we could split the extra charges every month.
It's only in German for now, ugly, and probably still buggy. Feedback is greatly appreciated, though: http://www.stromio.de
Maybe turning off new signups whenever some popular blog mentions Hacker News might raise the bar somewhat. That would get only those in who find HN interesting enough to bookmark it until the flood drops off.
This makes drivers respect the non-armored road users (pedestrians and cyclists) and streets are actually pleasant places to spend time in. Almost everywhere else city planners have basically said: "let's just turn this city into a giant racetrack slash parking lot".
Things are only slowly starting to change but at least some people are actually thinking about giving cities back to the people that live there: http://www.carfree.com
I wonder why so few people think about the following line of reasoning:
1. Our current economy is based on money as a medium of exchange to function (separation of labor -> good)
2. Therefore, money is a universal medium of exchange and acquires a value separate from the exchange value: liquidity, the possibility to exchange it for anything else (see Keynes et.al) -> unintended but ok
3. As a consequence, our current money relies on a positive rate of interest to circulate. Whenever the interest rate gets too close to zero, money holders will not give up their privilege of liquidity and not lend out their money (bad!)
4. As a result, the economy collapses - simply because the medium of exchange stops circulating. In the end, the government has to print new money to replace the money not being spent/lent, leading to inflation. Alternatively, the state has to make new debts or fund dying industries only to keep interest rates positive... (very bad!)
This reasoning does not depend on any technology or production-based argument because every human undertaking these days is based on beating the rate of interest. Even if you only invest your own money, you have to factor in the interest you might have gotten at the bank.
There's a really simple fix to it: motivate money holders to part with their money even without interest. You would get an economy that can grow when it needs to but can contract as well without collapsing.
Even though it seems god-given, money itself is actually pretty hackable. If you're interested, one interesting proposal is here: http://userpage.fu-berlin.de/~roehrigw/suhr/nngengl.html
But again, how would spending less effort on digging up non-renewable resources negatively impact healthcare? True, the effort must come from somewhere and it comes from not doing certain things we're doing that we now know are impacting us negatively.
What we should be worried about is not wealth but welfare. And I'm not sure polluting the environment and using up non-renewable resources improves anybody's welfare. Not even that of the people profiting from it.