Hi all, checking in from the middle of watching the Oscars ... which strangely, we are enjoying! A minimum of politically correct crap this year, just a fun show with lots of stars and all about the movies. Jimmy Kimmel is funny without being controversial. How weird is that?
The big news over the weekend was the failure of Silicon Valley Bank, amid speculation of what the Federal Government might do about it. As I understand the bank invested deposits in long-term bonds which could only be liquidated at a discount to face value, due to the rise of interest rates, and hence didn't have enough reserves to cover "a run". Given that most of its depositors were startups, and most of them have VC backers, and most of them are sheep, everyone decided all at once to withdraw their money, and this happened. Yikes. Of course other banks could have the same problem, and that is the real problem. Staying tuned...
The previous big news was the release of footage from the January 6 "insurrection"; Elon Musk comments: free Jacob Chansley. I'm not sure about this; in no way was "invading the Capital" justified, but also, in no way does the behavior you see in the video seem like an invasion, and certainly not a riot. Perhaps we can agree either way it was misrepresented by the Jan 6 commission,
Powerline ask: Are Americans getting dumber? Sadly, the answer appears to be: yes. Although like many, this confuses education with intelligence. Perhaps the real question is "Are Americans getting more poorly educated?", and the answer to that is certainly (and sadly): yes.
Seth Godin: revisiting stamps for email. I get it, charging to receive email would filter some degree of spam. But OTOH we get a great deal of junk paper mail, and it does cost money. So I'm not sure this is the solution; maybe there is no solution. At least [email] spam filters have improved! (Wish there was such a thing for paper mail...)
Huh: When you could buy a monkey from Sears. An interesting slice from a different time. Is it possible to buy a monkey online today?
Miguel de Icaza: the thread you didn't know you needed about product design. About Apple Music's Classical app. It turns out classical music is pretty different from other genres, and hence this makes sense. The larger point is the difference between a specific solution for a specific market, and a general solution which doesn't quite meet the market need.
Onward ... to watch the rest of the Oscars ... doing everything everywhere all at once :)