Caracal Daily | Dec. 21
WATCHING TODAY:
1. Davos is dead: The world’s most elite conference is postponed, again.
2. Pelosi announces plans for observance of one-year Jan. 6 anniversary: WP preparations are underway for “a full program of events,” including talks with historians, an opportunity for members to share their experiences and a prayerful vigil, House Speaker Nancy Pelosi (D-CA) said.
3. How your schedule can make or break you.
4. North Fork vineyard? Check. Long Island properties with wineries, grape-growing operations, or enough open land to build them, are becoming the hot new status symbol for acquisitive millionaires.
5. Why did the WTA risk everything for Peng Shuai? It has to do with tanks in Shenzhen, mariachi bands in Guadalajara, and a legacy passed down by players for 50 years.
GLOBALIZATION
Palantir to reshore all UK data processing from US before regulatory ‘tsunami’ hits: FT reports the defense-oriented American firm among first to localize data operations fully as companies Balkanise their activity.
+ Watch this space: More regulation is coming as all companies will need to demonstrate they are using data responsibly and complying with local/national laws.
DISRUPTION
The new triple-double: Triple vaxxed + Double masked.
The pareto funtier: Web3 is a vortex for talent, money, culture, and brain space.
+ "that stone in the shoe of economists: humans aren’t as rational as the textbooks would suggest. People often choose to do things that aren’t particularly fun or financially fruitful. Humans gonna human."
The 'To the Moon' crash is coming: A longtime venture capitalist sees the religious dedication to Elon Musk, hype, and YOLO investing as almost a dot com-style pyramid scheme in the making.
+ "...remember, technologies change and companies change and markets change and governments change. But just human nature is a constant."
+ "the only thing the stock price measures is what other people believe. It doesn't measure fundamental value or intrinsic value"
+ "So, price is only a measure of belief and expectations. Fundamentals are a measure of value. That discrepancy between fundamentals and expectation is where great investors are made."
+ "Religions only exist based on the strength of their believers. And as soon as people stop believing in a god or religion, it disappears."
Brian Eno is not a fan of NFTs: 'Right now, I mainly see hustlers looking for suckers,' says the ambient music pioneer.
How crypto could be like the music industry: The future of cryptocurrency could depend on whether people focus on the artist, the label, or the venue.
+ "One conclusion here is that to know where crypto is headed, sociology is as important as economics. Crypto will continue to be surprising because people see it not just as a way to make money, but as a way to make meaning of their lives."
@jack: You don’t own “web3.” The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label. Know what you’re getting into…
+ Yeah. Meet the new boss. Same as the old boss.
Can indoor farms reach skyscraper height? A proposed Shenzhen skyscraper would include a 51-story hydroponic farm, as hopes grow that vertical farms can help address food insecurity.
+ The future is farmscraper.
The most popular Wikipedia article for every day in 2021
+ Death. Sport. Pop culture.
POLITICS
Do you think that Boris Johnson is doing well or badly as Prime Minister?
Well: 23% (-6)
Badly: 71% (+7)
Via @YouGov, 20 Dec. Changes w/ 22 Nov. HT @ElectionMapsUK
+ Balliol College, we have a problem.
How Boris Johnson can survive his MPs' cold anger: After being deserted by Lord Frost and failed by his chief whip, the PM needs frank and loyal advisers to restore order.
Biden approval rating at historic low in NPR/PBS NewsHour/Marist poll
+ They can only go...
PERFORMANCE
Ping. Ding. Chirp. Notifications are driving us crazy. With workplace tools multiplying and personal messages creeping in, it can be hard to get anything done.
+ Outside of a nuclear attack or a loved one needing assistance, nearly all notifications are a distraction and only serve the software/app/code/computer and not the human.
Enjoy the ride + plan accordingly.
-Marc
Curation and commentary by Marc A. Ross | Founder @ Caracal
More @ caracal.global