Jeffrey Neil Jackson

Facebook’s Fickle Finger of Fate

Published on
//

*Some years ago, there was a comedy show that had as a part of its weekly bits, the “Flying fickle Finger of Fate” award, which went to people in the news who accomplished “dubious achievements.” From The Wall Street Journal, Friday July 27, 2018: “Facebook shares fell 19% to $176.26, erasing about $119.1 billion in market value, after the Menlo Park Calif., company warned late Wednesday about slowing growth. Facebook’s loss in market value Thursday is larger than 457 of the 500 companies in the S&P 500. Facebook Chief Executive Mark Zuckerberg alone lost almost $16 billion in the value of his stock holdings.”

But Mark Zuckerberg is a genius.

Mark Zuckerberg
Facebook co-founder Mark Zuckerberg poses a question during the CEO Summit.

Perhaps Zuckerberg will have to skip the Wadyu steak Friday night, and just have the regular filet mignon. Keep Reading

Big Data & Big Business = Big Bucks

Published on
Big Data

*

NICE GUYS FINISH LAST

I’m not in opposition to “big” things. I am, however, fearful of “big” things going bad. Hedge funds losing billions of dollars (Knight Capital) and having the stones to ask for their money back. Brian Hunter of Aramanth losing $6 billion. Big moves can lead to big mistakes. Torch Tower, one of the tallest buildings in the world, where catching fire on a regular basis is the norm. The Titanic, which was the biggest ocean liner in the world, within a short period of time, became the biggest ocean liner at the bottom of the Atlantic.

Make no mistake about it; we are in the era of Big Data. Data collected on every click you make, every time you press a key on your keyboard.  Insight, pattern recognition and projection, all aspects of human intelligence, are being performed by machines that may or may not be making the best of judgments.

Keep Reading

Documenting and Detailing the Discrimination Against the Decrepit

Published on
Age Discrimination - Employees at work

*For those of us who have taken marketing coursework, we know that one of the most important aspects of any marketing plan is to identify your target market. If you aim at the wrong target, you will surely fail to achieve your goal. In my career, I have sold, excuse me marketed, over a million dollars’ worth of merchandise, to various target markets. One of my hard-learned fundamental precepts of marketing is that you should never try to market something that you wouldn’t purchase yourself.  I have done marketing research as well, and it was so good that students in the next class copied my research design, almost to the letter. You will always know the value of your work by who copies it, steals it, or clams that it is their own. While I wasn’t necessarily offended by their behavior, I resented that the professor approved and encouraged it. He probably didn’t even use my name when describing the design.

When recruiting potential employees, you are essentially selling the company to a postulant. But if no one was aware that a company or organization was looking for employees, the number of candidates would be limited. Selling is marketing, and marketing is selling.

My favorite marketing joke is:

Do you know what they call a salesman who can’t sell anything?

The director of marketing.”

Keep Reading

The Federal Fracas

Published on
Federal Fracas

*Recently, someone advocated the dissolution of the federal government of the United States, insisting that the states could manage themselves. It also suggested that the federal government has usurped power and taken away the rights of states. Let’s consider a few things.

There is no doubt that the federal government has become what Jefferson didn’t want, and that was a tyrannical central government, much akin to the monarchies and aristocracies of Europe. Unfortunately, I will accede that this has been the case, and I have never denied what my constitutional law professor claimed, that almost every decision by the Supreme Court has gone the way of the federal government.

Supreme Court - Federal Fracas

When in doubt, the federal government always wins, for the most part. The most egregious ruling was Gonzales v. Raich, which ruled that growing marijuana in one’s backyard for medical use was a federal issue. Sandra Day O’Connor bravely stated that it was not, but hers was the dissenting opinion.
Keep Reading

An Imperfect Preference for Perfect Postulants

Published on
/
Job Candidates - Applicants

*I recently read on a website a hiring manager who discarded the application of any applicant who had less than a 3.0 grade point average (GPA). This manager was quite proud of this fact. So let’s take a look at some of the critical qualifications of hiring and compare some of the good points and bad points. Included are some other characteristics that might on the surface demonstrate great qualities, but there might be some other considerations.

This reminds me of a person that I spoke with once who had a particular motorcycle that had a great reputation as a race bike. The person who had owned this motorcycle said that it was a great bike, but if you weren’t a very experienced rider, it was a nightmare, because it only performed well at very high speeds, and if you weren’t capable of holding the throttle wide open and slamming it around, it would torture you. The bike was essentially a production model of the bike that had won the world championship the year before. If you were world champion class rider, it was good for you; if you weren’t a world champion rider, it would punish you.

Keep Reading

Sunny Balwani – Pecunious, Punctilious, and Prosecuted

Published on
/
Theranos Sunny Balwani

*Ramesh “Sunny” Balwani was the president and Chief Operating Officer (CEO) of a company named Theranos for seven years. The founder of Theranos was Elizabeth Holmes, whose life goal was to be a Silicon Valley billionaire. The unfolding of the story is rather sad, a story whose path was not unlike the fictional character Gordon Gekko’s “greed is good” theme. Theranos’s business concept was a great idea, and should a company such as one like Theranos actually work, it would change a lot of how we view medicine, but the concept and reality never actualized.
Keep Reading

The Cryptocurrency Conspiracy Continues

Published on
/
Cryptocurrency

*As it was once said, “imitation is the sincerest form of flattery.”  Bitcoin has been joined by 1,450 digital coin offerings. I have never been happy with the term “coin” since we associate coins with metal objects we can hold in our hands, except for maybe the island of Yap that has stone coins.

I think they attempt to assuage people by using the term “coin” so that the chumps who invest in them really think that there is, somewhere, something that they can put in their pocket and stroll down to the local drug store and by a soda.

Bitcoin closed Friday May 18, 2018 at $8,487.61, in case you’re interested. Tulips were once very valuable, too (look that up in your history books).

Let me say I have no animosity for those who invest in Bitcoin. If you make a fortune, good for you, and make sure and thank the Winklevoss twins, who dreamed up Facebook and any other moneymaking investment that might have a sketchy, hard to nail down origin.

I think they slept through their ethics classes at Harvard; the only thing they learned was “once you have it, no one really cares how you got it” which was certainly true of I.G. Farben along with the International Bank of Settlements during the 1940s, or Joseph P. Kennedy Sr.

Keep Reading

Software’s Sorry Sycophants

Published on
Software Sycophants Header

*I’m so fascinated by all of the new colloquialisms, and l especially the “early adopter.”  As far as new, at least in America, we love new stuff, and old stuff is left to collectors. By the way, the prices of antiques are going down sharply. It seems the new young people have little interest in old stuff, the prized antiques of yesteryear. That antique table and chair might be better on the auction block real soon, as I do not see young people praising old stuff.

You might be able to get money from things like old baseball cards and comic books, but as America’s national pastime loses followers, (baseball is losing audience and the major league is deliberating how to change the game to attract more followers)  and fewer and fewer young people read printed material of any kind, I would bet that even your prized baseball cards and comic books are going to lose value soon. Keep Reading

Conflicting Cultures – Righteous Capitalism

Published on

*Recently, someone in academia (no point in revealing the exact location) was criticizing the West for destroying Middle Eastern and other cultures. Academically, this instructor was teaching of the “evils” of the West, and how Middle Eastern cultures were suffering and being erased. The instructor used imperialism as the model.

The imperialists overtook the foreign lands and exploited their resources and their citizens, making the lands colonies. The colonies surrendered their wealth to the imperialists who got fat and enjoyed the bounty of the land. The indigenous people of the colonies worked hard to make the lives of the imperialists easy and prosperous. The great thing about academics is that if one theory works, it can probably explain other events, and if that theory fits your personal ideology and position, all the better.

Imperialists considered themselves monarchs who achieved their positions via merit, when in fact their rewards were simply fate, being born to certain people in certain places.
Keep Reading

The “Bigger is Better” Deception

Published on

*One of my favorite questions is what is the largest machine on earth, and one of the best answers is the North American power grid. Spanning thousands of miles and connected to millions of people, the North American power grid is not only a gigantic machine, it has enormous influence on all of our lives, save for those of you who are receiving your internet over an independent satellite and using wind power to generate the electricity needed to power your computer, so that means less than 1% of you aren’t dependent in some way.

If you think that isn’t important, Google “Russians hacking the U.S. power grid” and read the articles just this year (2018) on how many times and how many ways the Russians are seeking to destroy our infrastructure.  Of course, to the Democrats and mainstream media, trying to remove the current president from office supersedes any efforts to protect our critical infrastructure such as our power supply or information systems; after all, one has to have their priorities.

Keep Reading

Brilliant Blundering Billionaires

Published on
Brilliant Blundering Billionaires - Facebook

*Mark Zuckerberg addressing the Y Combinator Startup School at Stanford University: “I want to stress the importance of being young and technical,” he stated, adding that successful start-ups should only employ young people with technical expertise.

(Zuckerberg also apparently missed the class on employment and discrimination law.) “Young people are just smarter,” he said, with a straight face, according to VentureBeat. “Why are most chess masters under 30?” he asked. “I don’t know…Young people just have simpler lives. We may not own a car. We may not have family.” (Margret Kane March 28, 2007 www.cnet.com)

Keep Reading

Contemporary Colonization

Published on
Virtues of Lady Liberty

Make no mistake; this is colonization under the guise of immigration.

You enter the country without permission, disrespecting the laws of that country. You settle in and establish your culture, ignoring the native culture. You don’t speak the language, and make little effort to learn the language.

You even fly the flag of your home country, instead of the flag of the country where you reside. You take advantage of the already built industries as well as the infrastructure. If fact, you stress the wealth of the country that you have taken over. You have no intention of adopting the language, and you exploit the economy, as well as the infrastructure, to your advantage.

Keep Reading

Pre-employment Predictors of Prejudice

Published on
/
Ability Matters, not Age

*When you look at job descriptions, many times there are phrases and descriptions of prejudice that, apparently, are not recognized as prejudiced. Diversity is more than ethnicity, race or gender, but I will leave it to you to determine what other factors should be considered. But don’t take my word for it; the U.S. Congress said so in 1967, when the Gen-Xers and Millennials were just a gleam in their parents’ eyes.

Keep Reading

The Digital Death Blow to Sarcasm

Published on
Sarcasm

That highly-touted, often-quoted, super- scientific website “Mother Nature Network” on the internet is now reporting that the internet is dealing the death blow to sarcasm. To quote the website: “Of course, that statement could be dripping with sarcasm and you wouldn’t know it. Don’t worry, your sarcasm detector isn’t broken. It’s just that words on a screen — the prevailing mode of communication in the digital age — just can’t handle the fine nuances that sarcasm requires. As a result, sarcasm is dying. And if anything, the internet is dealing the death blow.”

I sure hope that America’s dear friend and ally, that poor self-sacrificing Vladimir Putin doesn’t hear of this. Of course, this report also coincides with and is an indicator of the end of the world, which will happen in just a few months.

Keep Reading

Swearing Off Software with Savoir Faire

Published on
Logging Off

I see so many positions that require “software experience” with very detailed specifications that give me pause. It would seem that someone should be getting wealthy teaching all of this software.

I learned a cutting-edge software a few years ago, and my instructor told me that knowing how to use that software would mean an instant hire. After investing a considerable amount of time and money (bought the software) none of the organizations that required knowing the software ever called me.

Ever.

Keep Reading

Technology, Digital Analytics, and the new Monopoly

Published on
/
Digital Media

As time and technology march on, occupations, professions, and major market players adapt or fade away. I can recall as a freshman in college being told that newspapers had already had their heyday decades ago.

News isn’t going away, but paper is being replaced by screens the size of your hand and much, much larger, with speed (but not really depth) that travels around the world in split seconds.

Keep Reading

Election Interference – The Next Intelligence Failure

Published on

DAYTON — Special investigator Robert Mueller secured indictments for three Russian companies and thirteen Russian citizens with “a widespread effort to interfere with the  2016 presidential election,” according to Saturday’s Wall Street Journal.  The Russians had a “strategic goal to sow discord into the U.S. political system.”

Deputy U.S. Attorney General Rod Rosenstein, said that there is no allegation in the indictment that any U.S. citizen knowingly participated in the alleged crimes. That’s one of those statements that I would repeat, because a lot of readers will not believe it the first time they read it, and they will tune into or read some media that will falsely report that the Trump administration officials are next in line to be indicted.

Michael Flynn
Michael Flynn

Nowhere does it say the Trump administration  is still under investigation, although Michael Flynn, former national security advisor, has pleaded guilty, and “there was no indication Friday that Mr. Mueller wouldn’t seek more charges in the future.”

Keep Reading

Better Business With Age; America’s Underrepresented Entrepreneurs

Published on
Entrepreneurs

We live in a youth-oriented society, as evidenced by the media’s rare profile of older entrepreneurs; Mark Zuckerberg is far more interesting according to the media. Americans aged 35 or older enter the ranks of the entrepreneur far more frequently than the successful youth plastered across prime media outlets, despite the average age of the beginning entrepreneur hovering around the 39 year mark.

The trendy business incubators who attract the media’s stereotypical “entrepreneur” appear to miss the backbone of America’s entrepreneurship – the mid-career professional. The general inability to see the potential of the mid-career professional leaves companies with unrealized potential (translation lost innovation and profit) right in front of them.

Keep Reading

1 … 3 4 5