News You Can Use: 4/10/2019

  • The anti-competitive forces that foil speedy, affordable broadband

    Big players such as AT&T routinely issue press releases touting new deployments. But on closer examination, many of those touch only a few homes or businesses in an entire census tract, thus inflating the actual scope of the deployment, says Joanne Hovis, the president of CTC Technology & Energy, the company that prepared the broadband report for San Francisco. “The FCC’s data is very flawed,” she says.

    What’s more, roughly half of the new fiber deployments cited recently by the FCC were mandated as a condition for approval of AT&T’s acquisition of DirecTV, says Ernesto Falcon, legislative counsel with the Electronic Frontier Foundation. And deployments have slowed because the major players have already cherry-picked the neighborhoods that offer the best prospects for high-paying customers, he says.

    https://www.fastcompany.com/90319916/the-anti-competitive-forces-that-foil-speedy-affordable-broadband

  • In a WeWork World, Finding an Office Buddy Is a Social Minefield

    Co-working requires a special set of social skills. Nisha Garigarn was visiting the Wing, a women-focused work and community space in New York, when an acquaintance from an event at another venue three years earlier approached her.

    “She kind of inserted herself into the conversation I was having with my co-working friends,” said the 28-year-old co-founder of the co-working app Croissant. “It was really awkward.” Unable to extricate herself, Ms. Garigarn pulled out her laptop and pretended to read her email. Another friend got up to use the bathroom. Later, Ms. Garigarn watched a YouTube video on how to end a conversation gracefully.

    https://www.wsj.com/articles/in-a-wework-world-finding-an-office-buddy-is-a-social-minefield-11553873968

  • Universal basic income: The plan to give $12,000 to every American adult | Andrew Yang

    In an UBI economy, corporations (especially retail) will view these funds as a subsidy and find ways to pay employees less, and squeeze out more profit.
  • Repairing All the ‘Structurally Deficient’ Bridges in the US Would Take More Than 80 Years

    The ARTBA’s 2019 Bridge Report said that 8 percent—or 47,000 of the country’s 616,087 bridges—are “structurally deficient,” which the ARTBA estimates would cost $171 billion to fix. The report, published this week, is an analysis of data from the US Department of Transportation’s National Bridge Inventory.

    “There’s a lot of conversation on Capitol Hill about investing in infrastructure; it’s the one thing both Democrats and Republicans agree should be done,” John Schneidawind, vice president of public affairs at the ARTBA, told Motherboard in an email. “But there’s little agreement yet on how to fund that investment.”

    https://motherboard.vice.com/en_us/article/yw8ypb/repairing-all-the-structurally-deficient-bridges-in-the-us-would-take-more-than-80-years-artba

  • How to (Politely) Get Someone to Sign a Non-Disclosure Agreement

    “In the interest of maintaining good governance with future investors, we’re asking that anyone closely involved with this project at this early stage sign an NDA.”

    What you are saying is that you’re planning to approach investors who will want to see that you follow best practices in the way you run your business. The fact that you can produce a list of people who have been exposed to the concept and who have signed an NDA will bode well with professional investors doing due diligence. It will also prevent them from using this as an excuse to nibble down the valuation.

    https://www.entrepreneur.com/article/331079

Photo by Simon Maage on Unsplash

News You Can Use: 3/27/2019

  • Workplace tracking is growing fast. Most workers don’t seem very concerned

    The single area that worries watchdogs the most is, perhaps, wellness. A majority of large companies and a significant percentage of smaller ones have programs today that, in the name of encouraging their workers to be in good physical and mental shape, seek out personal health information. This can include questions about whether workers are anxious or depressed, drink alcohol or use drugs, or take medication.

    The Americans with Disabilities Act and the Genetic Information Nondiscrimination Act are supposed to ensure that an employee’s sensitive details are held close. Yet there are gaps in these laws, experts say, and companies may not always adhere strictly to the regulations that are on the books.

    https://www.fastcompany.com/90318167/workplace-tracking-is-growing-fast-most-workers-dont-seem-very-concerned

  • Amazon is aggressively blocking ads for unprofitable products as part of a plan to bolster its bottom line

    In recent months, Amazon has been telling more vendors, or brand owners who sell their goods wholesale, that if Amazon can’t sell those products to consumers at a profit, it won’t let them pay to promote the items. For example, if a $5 water bottle costs Amazon that amount to store, pack and ship, the maker of the water bottle won’t be allowed to advertise it.

    The added stringency, which CNBC learned of from conversations with vendors and emails they received from Amazon as well as from outside experts, reflects a broader push to squeeze earnings out of a historically low-margin business. In its most recent quarter, Amazon posted $3 billion in net income, the highest in company history, while profit for the full year more than more than tripled to $10 billion.

    https://www.cnbc.com/2019/03/20/amazon-aggressively-suspending-ads-of-unprofitable-products-as-focus-on-the-bottom-line-grows.html

  • The colossal problem with universal basic income
  • No sleep, no sex, no life: tech workers in China’s Silicon Valley face burnout before they reach 30

    “One thing Chinese founders or unicorns haven’t figured out is how to become a sustainable business. If you continue those [long hours] for 10 years, people will have no personal life any more, they will have no kids, they will go crazy,” Wingender said.

    Yang is pondering what comes next. With more than 10 years of experience, he now holds a mid-level position at a top-tier internet company but has reached a career ceiling. He compares himself to a construction worker, who can earn good money due to high work intensity but can easily be replaced by younger, cheaper labour.

    https://www.scmp.com/tech/apps-social/article/3002533/no-sleep-no-sex-no-life-tech-workers-chinas-silicon-valley-face

  • The New Social Network That Isn’t New at All

    Newsletters could be a more reliable means of increasing readership for major publishers whose relationships with social networks have soured. Remember when Facebook moved away from promoting videos on the platform? Or when it decided to show more posts from friends and family, and de-emphasize content from publishers and brands? With every shift, big media companies had to adjust.

    Also

    “You don’t have to fight an algorithm to reach your audience,” Casey Newton, a journalist who writes The Interface, a daily newsletter for the technology news site The Verge, told me. “With newsletters, we can rebuild all of the direct connections to people we lost when the social web came along.”

    It can be more than just a creative endeavor: Newsletters can make a fine one-person business. Writers can charge readers to a monthly fee for their newsletters. Substack takes a cut of that fee; Revue charges writers using a tiered-pricing system based on the size of newsletter’s subscriber base.

    https://www.nytimes.com/2019/03/19/technology/new-social-network-email-newsletter.html

Photo by Zdeněk Macháček on Unsplash

News You Can Use: 5/9/2018

  • With GDPR Restrictions on Using Consumer Data, Marketers Will Need to Start Mining Moments

    The GDPR is likely to classify both cookies and device IDs as personal data, and businesses will need a legal basis in order to process this sort of information. It’s also likely that the penalties for non-compliance will be steep.

    As a company, we took early precautions and have been preparing for these changes since January 2017 in order to be as ready as possible for the regulation coming into effect in May. The compliance process for us has been a four-stage journey that we have conducted with a law firm specializing in privacy. We have also been actively engaged with the IAB U.K. in order to shape a responsible interpretation of GDPR.

    Behind the scenes we have been conducting extensive due diligence to ensure that our products embed “privacy by design” principles; this includes assessing the type of data we’re processing and rationalizing to ourselves why we need it and how it improves the experience of an internet consumer.

    https://www.entrepreneur.com/article/312075

  • Finland will not expand its groundbreaking basic income trial

    Finland’s Social Insurance Institution (Kela) was hoping to expand the trial to see how employed people reacted when they too received a regular monthly UBI payment from the government, but the Finnish government rejected the request for extra funds. The universal basic income trial will now come to an end later this year.

    https://www.fastcompany.com/40563124/finland-will-not-expand-its-groundbreaking-basic-income-trial

  • Can cryptocurrency save Puerto Rico?
  • 160-year-old insurance giant transforms into a digital business

    This also meant changes in how we’re organized. Over time, we rebranded IT from Information Services to the Client and Digital Experience (CDX) function. More recently, we have taken some departments — including mine — out of CDX and put them in other functional areas of the company. This lets us help those non-technology areas build their digital expertise and innovation mindset, and it allows us to benefit from their business perspectives. We now have an effective blend of centralized and distributed IT, with more digital leaders sitting at non-digital tables.

    We are no longer organized by infrastructure, applications, PMO, and security. Instead, we are organized by end-to-end experience. I focus on employee experiences, and my colleagues who are in CDX focus on the client and advisor experiences.

    https://www.cio.com/article/3268753/digital-transformation/160-year-old-insurance-giant-transforms-into-a-digital-business.html

  • Millennials Make Themselves Miserable Fretting About Work but Boomer

    Colleagues Can Teach Them to Chill
    One of the negative stereotypes that’s frequently associated with Generation Y is that its members tend to be cocky about their on-the-job abilities, especially regarding technology and its application, when dealing with peers. Yet, when you look at the research, that doesn’t appear to be true.

    Consulting group Leadership IQ asked 3,000 participants spanning all industries a battery of 100 questions about work. It turns out that millennials are markedly more critical of themselves than older workers regarding their writing abilities, broader communications competencies and skill negotiating compensation. Only 33 percent of the millennials surveyed were confident in the overall quality of their work performance, compared to 44 percent of Gen Xers and 47 percent of baby boomers. This statistic infers a self-limiting inferiority complex among 66 percent of younger workers.

    https://www.entrepreneur.com/article/311815

Photo by Jimmy Musto on Unsplash