Kirkland’s Shareware Coffeehouse. Order what you want, pay whatever you like.


This social and economic cafe experiment by a Seattle Googler is fascinating, especially because it’s actual appears to be working so far to generate enough to keep the business going.  There are no prices and people’s contributions are not monitored.   Thus even the normal social pressure you’d have with, for example, a church collection plate are largely absent here in the Kirkland Cafe.

I’m totally skeptical of this model as a scalable type of business, but it’s sure interesting.   Burning man sensibilities come to mind.

Putting my money where my Yahoo is?


My post of about an hour ago, “Yahoo’s big day” convinced me I should put more money where my mouth is on Yahoo’s prospects so using the justifications below I just bought about $1000 in Yahoo March 30.00 calls. (in options “bought” is functionally equivalent to “bet”).

My kilobuck effectively gives me the right to sell 2000 shares of Yahoo anytime between now and March 17. For example if Yahoo falls after today it’s likely I’ll lose *all* of my bet. However if Yahoo rises to, say, $35.00 per share by March 16 I could “exersize” the options for a cool $10,000. Unlikely, but I think the market does not incorporate online advertising revenue and profit information very efficiently. In theory this means … opportunity!Today Yahoo fully launches the new ad matching routine, an artistic program formerly known by the name of “Panama”. My understanding is that if they can even come close to Google’s quality matching ads to searches Yahoo will make quite a bit more.

Yahoo’s a much higher traffic site than Google though Google still has the big search share.

Thus my bet is simple here – that people will realize this week that Yahoo has the *potential* for much higher revenues and profit, and his will bump them up 10+% by next week which would put these options in the money.

Options have “time value” which reflects the chance the stock will go up or down in value and they have “intrinsic”value which is the difference between the stock price and the option price. I paid .52 per share in the hopes the stock price will increase soon. Somewhat counter intuitive is the fact that even a modest increase, if it happens this week as I predict, could double my money without the stock ever reaching the strike price.

YHQCF
CALL YAHOO INC MAR 30
Quantity 20 Contracts $1054

Disclaimer: I also have Yahoo Stock. I could have bought about 40 more shares vs betting on these 2000 shares worth of options to rise quickly. But this’ll be more fun to watch for the next month.

Instant Update:
Wh00t Yah00000t! I’m up $120 after 15 minutes. So far this is fun.
Last Trade [tick] 0.58

Yahoo’s Big Day?


The NYT reports that today is of great interest at Yahoo as Yahoo fully launches their new contextual advertising matching routines. If successful, Yahoo’s profits could soar this year. Ironically it was Yahoo that aquired the company that effectively invented the pay per click ad model (GOTO renamed Overture now renamed Yahoo Publisher Network). This happened many years ago, but Yahoo failed to capitalize on the head start and it was Google that created a brilliant ad matching algorithm. This ad matching routine allows Google to make a lot more money per visitor than Yahoo and other search engines. Since Google also has a lot more search visitors, their profits have been skyrocketing while Yahoo and Microsoft search profits have languished.It’s interesting to think how little tweaks can quickly impact the amount of money flowing through these systems. Google makes over ten million per *day* from online ads, Yahoo much less but still millions per day. Thus if, for example, the matching routine screws up for a *few hours* and shows irrelevant ads Google can lose millions of dollars in revenue. Conversely if Yahoo can match Google’s ad matching prowess with the new system there’s a lot of money they’ve been effectively leaving on the table that’ll flow into Yahoo’s revenue stream and profits.

Disclaimer: I have some Yahoo Stock.

Mark Cuban, the sage of internet video?


I think Mark Cuban  has more valid points than Cory does on the controversies swirling around copyright and takedown notices delivered by Viacom.     Cory is right that it’s annoying and obnoxious to send takedowns to people who obviously are not infringing, but that’ll shake out soon enough.  What isn’t shaking out soon enough is what I’ve discussed at length before – YouTube and Myspace and other big players are making hundreds of millions by purposing user generated content to their commercial needs.   I’d even concede that commercialism is not the bottom line on these big player/user interactions, and also concede that users like me are agreeing to provide content that in turn gets searched at Google and generates money for them and *sometimes* for me.

However as Mark correctly notes it’s significant to ask within the copyright, content, and user community issue this question:  Who gets the lion’s share of the revenues created by copyright holders or community participants?    I’d like to see more of that cash flow to the community and less to the big players.   But maybe that’s just because I’m a community guy?

Go Mavs!

Pay Per Post Prejudice Pointedly Pokes PodTech’s Scoble


Robert Scoble is a fine fellow, as almost every blogger knows.  Perhaps it is partly for this reason he’s under an unreasonable attack by many bloggers for accepting an invite to Keynote the upcoming Pay Per Post Conference in Florida.    I’m not a fan of the Pay Per Post concept because it’s probably going to create too much abuse, but it should be discussed and debated rather than thrown out without discussion as many prominent bloggers, many of whom *make a lot of money blogging* want to do.

I  commented over at Scobleizer:

Wow, I’m really disappointed in how hostile people are to you about giving a simple keynote. If Bill Gates keynotes CES does it mean he supports all the violence in GTA and Resident Evil? Of course not.

I’m not currently a PPP enthusiast and don’t plan to blog for them, and perhaps Shel’s even right to call this approach the sidewalk hookers of the blogosphere (clever and catchy!).   However if disclosures are prominent and clear PPP people can note that they are doing a similar sort of thing that a *paid* journalist does when they review gadgets or movies or Techcrunch does when they review companies.

I smell a lot of hypocrisy here. Prominent folks who are directly paid very big money to blog in various forms are insisting that stay at home moms can’t pick up a few bucks for reviewing something. And if Shel is right those evil hookers, blogging between tricks, will be denied the money that could get them off the street!

The critics worry about credibility and that’s good, but it’s hypocritical to get paid indirectly by blogging (e.g. TechCrunch, Engaget, O’Reilly, Battelle, Shel, etc, etc, etc) and then suggest without more elaboration that other payment routines are inherently flawed and dishonest. Are you just protecting your turf?

DangerData.com blog is now live


DangerData.com Danger Data Blog

As a local I blogged the Kim Family search here in Southern Oregon, and it became clear that it might be helpful for search efforts to have more *simple* ways to distribute and share data, leads, and perhaps even harness the power of the collective intelligence of the huge online community.

Thanks to the Kim’s family friends, especially Scott, a website called JamesandKati.com served as a comment area and sort of “watering hole” for the enormous number of people checking in to follow that story.   Even this blog, “Joe Duck”, became a heavily trafficked news and opinion resource for many as mainstream media struggled to cover the story accurately.

After the heroic rescue of Kati and the children and the tragic death of James Kim many  of the officials and volunteers involved in the search began to post at the blog which quickly became it’s own community.

Input from several experts in computer databases and mapping led to the idea that a blog and database might be created to help with Search and Rescue and Missing persons.  The idea was to use online tools to enhance and help with the search efforts and more quickly spread the word on cases.    Glenn has been very actively working on the database component – more on that later – and eventually we’ll try to integrate the blog and the database.

The DangerData.com blog is a very experimental effort to help find people.  It won’t be a substitute for any existing offline or online efforts, rather an attempted enhancement.    Comments are welcome.

Global Warming Report logical conclusion: Ignore Global Warming?


My disclaimer: I’m a well educated and experienced (social) science research person and hardly ignorant about scientific analysis. Yet I still fear I must be missing something major in the Global Warming debate because I find only a handful of people agree with me that the current debates about Global Warming border on complete nonsense.

We certainly should look for CHEAP ways to reduce emissions. But we should NOT do the expensive things everybody seems to insisting upon now. I may revise my views when the next IPCC report comes out later in the year or when IPCC starts to address the economic implications of dealing with GW as they did in the earlier report. It was that report that led me to believe we should ignore global warming even though most others seemed to feel the IPCC 3rd report was a call to do everything possible at whatever cost to stem the tide of GW.

Of course there is Global Warming and of course it appears that human causes are significant – only a handful scientists believe otherwise. But it does not follow that we should forego trillions in global GDP in an effort to stop Global warming. On the contrary it’s not clear we should allocate any resources to the very low ROI Global Warming alleviation efforts while millions starve and die of diseases that cost dollars to prevent.

For the most part we should ignore Global Warming.

What should we do with the time and treasure that will likely be largely squandered failing to reverse the warming trend? Use these resources to solve the ongoing catastrophic conditions on earth that are the product of poverty and disease.

Bad water, malnutrition, and diseases like malaria run rampant in underdeveloped countries. Advocates for foregoing trillions of dollars in global GDP in the hope of delaying the effects of Global warming rarely (it would seem almost NEVER) even remotely contemplate the alterative uses for this money. The alternative uses are so dramatically superior to the life return on the GW investment that there is a *moral imperative* to ignore the warming in favor of saving lives NOW.

Ironically the current report actually *decreased* estimates for sea level rises, the median ranges of which are anything but catastrophic. Yet the media headlines imply something new has been learned. It’s been obvious for some time that humans play a role in warming. The issue we must address is: Should we forego trillions in economic development to delay the effects or should we solve other, easier problems? The answer is obvious – put the money where it will do the most good, which is saving the planet NOW, not later.

Why are so many failing to see the light here? I think several powerful forces are in play in this debate to fuel the intellectual irrationality. Among these forces are:

1) The selfishness and narrow focus that comes from our affluence. GW is seen as a threat to our personal affluence, rotaviruses and malaria are not. Picture a GW person strolling through a South African Aids ward with a can asking for carbon sequestration donations to see my point here.

2) Media frenzy, media math ignorance, and media excluding the daily catastrophes in health. The media, even non-commercial and blog media, generally seeks interesting and provocative content over reasoned logical content. Also, few journalists handle research well because they prefer reporting on contentious things rather than reporting the ‘gist’ of the subject in an educational way. This is why the current report, which mainly reaffirmed what most knew already, is presented as a big new indication that catastrophe looms around the corner. Media also fails dramatically to adequately address critical situations like Darfur, poverty, and global health challenges. These catastrophes are simply are not in the news, which needs to save precious room for the latest about Britney Spears.

3) The enthusiasm in the scientific community. I’m not suggesting the reports themselves are sensationalistic, rather what I think happens is that in normal scientific environments you have researchers checking and balancing each other. In the Global Warming community is seems it’s simply unacceptable to challenge the prevailing wisdom. Also, it’s simply naive to think that the jaw dropping amounts of grant money that are flowing into the process have no influence on research proposals. Scientists don’t have to distort the facts to create a problem – they just need to be silent when movies like “An Inconvenient Truth” suggest that science proves catastrophe is around the corner when science shows nothing of the kind. Example: Sea level rises were just predicted to be lower than previously thought. Unfortunately that headline won’t sell many papers or get any new grants funded.

4. Politics, rather than reason, allocates government resources and government attention. The above factors make it politically difficult to suggest anything but what many politicians are suggesting now – that catastrophe is looming around the corner and they want to fix it with more public spending. It’s not even clear you’d have a remote chance at winning an election on a “spend on Africa, not GW” platform.

This report would suggest I am wrong about this.

Consciousness is cool … and Qualey?


This USA Today article is a great summary of some of the latest thinking about …. thinking.

I had not realized how much research was going on down in La Jolla, California.  Sounds like La Jolla is the consciousness capital of the world.

My favorite insight from the article suggests that consciousness may spring from the interactions of a bunch of cell assemblies which together form something the researchers call a Quale.   The quale then is a “scene of consciousness”.

How long before computers catch up and become conscious?   About 2020 say most researchers.   I predict that the machines will be able to articulate the concept of consciousness better than we, and I’m looking forward to that conversation.

BarCamp USA 2007


Wow, if BarCamp USA <<too bad… it’s been cancelled >>really pulls in 5000 technology enthusiasts it could be the best conference of the year, and in Wisconsin no less. At a cost of $50 it’ll also be close to the cheapest.

What? You don’t know what a BarCamp is?

I love the unconference formats. After attending about ten computer conferences over the past 18 months including Microsoft’s MIX06 and WebmasterWorld’s in Las Vegas and Boston, my favorite conference was MashupCamp 1, a dynamic gathering of startups and mashup developers down in Silicon Valley at the Computer Science Museum. Dave Berlind, Doug Gold, and supporters did a fantastic job with these Mashup Camps and I’m sorry I missed the one just held in Boston and will miss Mashup Camp IV in July because I’ll be in Pennsylvania for our family reunion.

Organizers of the BarCamp USA say they expect 5000 but could handle up to 20,000. I sure hope this approach prevails in the conference space rather than the expensive and exclusive conferences that are tailored primarily to support existing large companies and sales efforts. I should say that Brett and his crew do a fine job making WebmasterWorld an inexpensive and great conference compared to the alternatives.

Fancy Las Vegas parties at nightclubs like TAO and PURE are really fun and neat, but the really profound changes in technology are only partly happening over cocktails in Las Vegas. They are ALSO happening inside laptops plastered with goofy stickers, handled by young geeks who haven’t even learned how to do laundry. BarCamps cater to that crowd, and that’s a crowd you want to pay attention to if you want to better understand where tech is headed … and headed fast.

Jim Gray, computing pioneer, missing at sea off California Coast


Click here to help scan satellite pictures and help with the search for Jim Gray.

The New York Times is now covering the story as is Amazon’s Werner Vogels

Current news stories click here

—– earlier ——
My pal Tom, a very experienced sailor himself, just informed me of Jim Gray’s misfortune:

He was sailing offshore, alone, in good weather with a well-equipped yacht. He’s said to have “more than 10 years’ experience,” but reports from friends say he’s been sailing much longer than that.

My guess is man-overboard. He would have known about keeping a harness on at all times when offshore if he’s as experienced as has been said, but he was on a trip to scatter his mother’s ashes and his emotions may have clouded his judgement. Or he might not have been as experienced as his friends thought and he may not have been clipped in.

Honestly, when I was young and dumb I went out alone, but I wouldn’t want to go out offshore alone. Or would I? I’ve been from Salem to Marblehead and to Gloucester without anyone on board. He was going to the Farallon Islands, though, which is ~25 miles out. That’s pretty far out to be alone.

Other possibilities are:

Container collision: containers are a lethal hazard offshore. Containers overboard from a ship float awash for months and can kill a yacht in seconds if the yacht rams them at an angle that staves in the hull.

Ship collision: thought to be somewhat less likely b/c the weather was good and he was out for a day sail.

Catastrophic health issue: he is 63, but in good health.

Equipment failure: As you may recall, this can be a problem.