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Submission + - Is OpenAI Solving the Wrong Problem? (hbr.org)

hype7 writes: The Harvard Business Review is running an article looking at the recently announced OpenAI initiative, and its decision to structure the venture as a non-profit. It goes on to ask some pretty provocative questions: why are the 21st century's greatest tech luminaries opting out of the system that made them so successful in order to tackle one of humanity's thorniest problems? And, if the underlying system that we all operate in is broken, is creating a vehicle without the profit motive inside of it going to be enough?

Submission + - High Frequency Trading and Finance's Race to Irrelevance

hype7 writes: The Harvard Business Review is running a fascinating article on how finance is increasingly abstracting itself — and the gains it makes — away from the creation of value in the real world, and how High Frequency Trading is the most extreme version of this phenomenon yet. From the article: High frequency trading is a different phenomenon from the increasing focus on short term returns by human investors. But they’re borne from a similar mindset: one in which financial returns are the priority, independent of whether they’re associated with something innovative or useful in the real world. What Lewis’s book demonstrated to me isn’t just how “bad” HFTs are per se, but rather, what happens when finance keeps walking down the path it seems to be set on — a path that involves abstracting itself from the creation of real-world value. The final destination? It will enter a world entirely of its own — a world in which it is fighting to capture value that is completely independent of whether any is created in the first place.

Submission + - Good engineering managers aren't just hard to find — they don't exist (venturebeat.com)

hype7 writes: Here's a provocative article; the VP of engineering of a Sequoia-backed startup in Silicon Valley makes the case that good engineering managers aren't just hard to find — that they basically don't exist. The crux of his argument? The best engineers get all the benefits of being leaders, but without needing to take on the rather painful duties of management. So they choose not to move up. Compare this to the engineers who aren't as strong, and use the opportunity to move up as a way to get their voice heard.

Comment "We believed we knew better what customers needed (Score 4, Insightful) 278

"We believed we knew better what customers needed long term than they did."

Yeah, except Steve Jobs thought this too, and look where Apple is.

This piece is interesting as a historical account but, like all these journalistic articles on why something happened, it's all hindsight 20/20 bullshit. If you want to understand why you can't trust the press to really explain the cause and effect of events, I encourage you to check out this book: The Halo Effect. Tears it all apart.

Businesses

Submission + - The 787's Problems Run Deeper Than Outsourcing (hbr.org)

TAGmclaren writes: The Harvard Business Review is running a fascinating article exploring the issues facing Boeing's Dreamliner. Rather than simply blaming outsourcing, as much of the commentary has been focused on, the article delves into the benefits of integration and how being integrated when developing a new product gives engineers more degrees of freedom. From the article: "Historically, Boeing understood that, and had worked with its subcontractors on that basis. If it was going to rely on them, it would provide them with detailed blueprints of the parts that were required — after Boeing had already created them. That, in turn, meant that Boeing had to design all the relevant pieces of the puzzle itself, first. But with the 787, it appears that Boeing tried a very different approach: rather than having the puzzle solved and asking the suppliers to provide a defined puzzle piece, they asked suppliers to create their own blueprints for parts. The puzzle hadn't been properly solved when Boeing asked suppliers for the pieces. It should come as little surprise then, that as the components came back from far-flung suppliers, for the first plane ever made of composite materials... those parts didn't all fit together. Time and cost blew out accordingly.

It's easy to blame the outsourcing. But, in this instance, it wasn't so much the outsourcing, as it was the decision to modularize a complicated problem too soon."

Businesses

Submission + - How corruption is strangling US Innovation (hbr.org) 1

hype7 writes: "The Harvard Business Review is running a very interesting piece on how money in politics is having a deleterious effect on US innovation. From the article:

if you were in any doubt how deep inside the political system the system of contributions have allowed incumbents to insert their hands, take a look at what happened when the Republican Study Committee released a paper pointing out some of the problems with current copyright regime. The debate was stifled within 24 hours. And just for good measure, Rep Marsha Blackburn, whose district abuts Nashville and who received more money from the music industry than any other Republican congressional candidate, apparently had the author of the study, Derek Khanna, fired. Sure, debate around policy is important, but it's clearly not as important as raising campaign funds.

"

Comment Re:OMFG Reagan was right? (Score 2) 861

no, he wasn't. because until one of these systems gets to 100% (and by 100%, I mean 100%) then any strategist would tell you the natural reaction would simply be to lob more nukes. it actually results in INCREASED proliferation of nuclear weapons, and makes the world a less safe place.

and if one of them does get to 100%, they'll do what the russians threatened to do over the most recent european missile defence shield — just build missiles that the systems can't get a fix on: http://rense.com/general69/tiddosdzdd27makes.htm

Patents

Submission + - Who cares if Samsung copied Apple (hbr.org)

hype7 writes: "The Harvard Business Review is running an article that's questioning the very premise of the Apple v Samsung case. From the article: "It isn't the first time Apple has been involved in a high-stakes "copying" court case. If you go back to the mid-1990s, there was their famous "look and feel" lawsuit against Microsoft. Apple's case there was eerily similar to the one they're running today: "we innovated in creating the graphical user interface; Microsoft copied us; if our competitors simply copy us, it's impossible for us to keep innovating." Apple ended up losing the case. But it's what happened next that's really fascinating. Apple didn't stop innovating at all.""

Comment here we go again (Score 5, Insightful) 713

the quintessential disrupted producer, complaining about how the world is not conforming to the way they want it to be, or worse yet, the way the world "should" be.

I'm sure the exact same essay was written somewhere upon the development of the phonograph. "but how will we get paid if they can play back our music a thousand times once it has been recorded?" probably the same argument, too, by playhouse actors when recording movies came along.

the artists/actors might not like it, but the development of technology drives down the price, massively opens the market up, and, if they're smart, allows them to make more money than their predecessors could ever have dreamed of.

writing letters complaining about how people are not paying enough to you is just so 1842.

Apple

Submission + - Steve Jobs Solved the Innovator's Dilemma (hbr.org)

hype7 writes: With yesterday's release of the Steve Jobs biography, a raft of interesting information has come to light — including Jobs' favorite books. There's one book there listed as "profoundly moving" Jobs — the Innovator's Dilemma by innovation Professor Clayton Christensen. The Dilemma explains how in the pursuit of profit, good managers leave their companies open to disruption. There's a fascinating article over at the Harvard Business Review that explains how disruption works, and how Jobs managed to solve the dilemma by focusing Apple on products rather than profit.
Google

Submission + - Jobs wanted to destroy Android (google.com) 5

hype7 writes: "It's clear that Steve Jobs didn't pull any punches from the interviews for his forthcoming biography. In the latest release from the book, hosted over at AP: "Isaacson wrote that Jobs was livid in January 2010 when HTC introduced an Android phone that boasted many of the popular features of the iPhone. Apple sued, and Jobs told Isaacson in an expletive-laced rant that Google's actions amounted to "grand theft."
In a subsequent meeting with Schmidt at a Palo Alto, Calif., cafe, Jobs told Schmidt that he wasn't interested in settling the lawsuit, the book says.
"I don't want your money. If you offer me $5 billion, I won't want it. I've got plenty of money. I want you to stop using our ideas in Android, that's all I want." The meeting, Isaacson wrote, resolved nothing.""

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