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Hollywood’s Moral Hazard

Watched “Wall St – Money Gives Me the Creeps” or something like that tonight. Enjoyable movie in its own way but for a movie which kept sermonising about “moral hazard” it had a bizarre ending. The lead characters of Gekko, his daughter and future son-in-law participate in at least one fraud (plain old money laundering being the most minor) but everybody walks away with a smile on their face. A true Hollywood tale of redemption. I guess definitions of “morality” and “irony” aren’t included in prints of dictionaries in LA 🙂

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Predictions (mobile tech in 2010)

I was going through some old publications and presentations today and found a blast from the past. At a Feb 2004 “Mobile Europe” conference in Bremen, Germany I made the following predictions for 2010

Trends are:
• Mobile phone will be commonly used for M-commerce and web-browsing.
• Mobile presence of organizations will develop.
• Community-based WLANs/WWANs start a powerful movement “Broadband for everybody” [This will] strongly impact pricing for telco data services
• Integration of form and function, like:
– Mobiles/PDAs/Stereo/credit cards/ car keys etc. will merge
– Mobile Services and Internet Services (&Technologies) will merge
– An increasing number of mobile services will make use of /require contextual
information about subscribers (location, profile, etc.)
Predicting the future:
• As mobile and Internet converge, even small companies or individuals [1 guy in a garage] will be able to provide complex telecoms. services
• Open Source Community will be increasingly important in telecoms software
– development. API standards will open up the network.
– The need for revenue generating services will ensure interoperability and/or standardisation.

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Things I learned from watching The Road

I think it’s fair to say The Road isn’t the most optimistic movie made over the past few years. It’s certainly thought provoking about life in a post-apocalyptic future. I viewed it as a learning experience which could save me a lot of time, unpleasantness and limbs in the event of an apocalypse. Here are some important lessons I learned from watching this movie.

  1. NAMA is a waste of time and money.
  2. Nobody bothers to look behind them in a post-apocalyptic future
  3. You won’t need to describe anything as “bleak”. It’s a given!
  4. There’s a light somewhere that needs to be “kept alive”. It’s unclear whether it’s battery or mains operated.
  5. Coke will finally win its long battle with Pepsi for cola supremacy. It’s not so much “The Real Thing” as the “Only Thing” if you want to quench your post-apocalyptic thirst
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Einstein wasn’t dyslexic – the cult of ‘Genius by Association’

A.A. Gill has written a great article in the Sunday Times magazine about his hidden dyslexia and the effect it has had upon his life. It’s undoubtedly a very brave act for someone who earns their crust solely (I believe) from writing and he makes many thought provoking points about the the UK Dept of Education’s attitude to dealing with this and other learning disabilities, regardless of their official position.

It’s a brave article but contains 2 points that really irked me. The first is the assertion that dyslexia doesn’t afflict those speaking the Chinese language. It does and a bit of research would have yielded this Scientific American article explaining the differences between Chinese and latin alphabet dyslexia which are possibly 2 different learning disabilities with a similar outcome.