BC SOCIETY
Saved by @Mollyycolllinss

1/Lots of tech companies and workers are making noises about leaving San Francisco, LA, NYC, and other "superstar" cities.

Some are predicting a shift to remote work and distributed companies.

Let's take a hard look at what that would actually

 2/We're all familiar with the trend of tech companies and other knowledge industries (finance, biotech, etc.) piling into a few tech hubs, raising rents and house prices.

Now some think the advent of Zoom, Slack, etc. might reverse this trend.

https://t.co/nQVCJrKvrB
3/But escaping the superstar cities is going to be tough.

The forces keeping tech companies in places like SF are so strong that these regions have essentially become prisons for these companies.
4/In order to escape the prison of the superstar cities, tech companies and other knowledge industries will have to overcome the Four Jailers of Industrial Clustering:

1. In-person office productivity

2. Thick market effects

3. Knowledge spillovers

4. City life amenities
5/I'm actually pretty optimistic that companies can find ways to make remote work productive.

Studies show that working from home *some* of the time actually tends to raise productivity.

https://t.co/HK9DW99qAl
6/Does that mean people can work productively away from the office ALL of the time?

It's not clear yet. But remember, in order to shift out of top cities, tech companies only need to shift PART of their workforce to 100% remote.

That seems very doable.
7/Then there's the "thick market" effect.

Lose your engineering job in SF, and it's easy to find another nearby.

Lose your engineering job in Tulsa and you're in trouble.

Same goes for companies who need to find new employees.
8/To beat the thick market effect, companies and workers will need to learn to do 100% remote job search and hiring. They'll need to get comfortable working closely with people they've never been in a room with.

That seems like a difficult but doable shift.
9/VCs will also have to get used to investing in companies remotely.

In fact, this was a shift that needed to happen long ago, because VCs' cultural preference for in-person investing means that a lot of cities unfairly lose out.
10/But remote work, hiring, job search, and investing are all things that are possible as technology improves.

Companies will look for solutions, and they will find solutions.

But a harder challenge will be replacing the good things about cities that companies DON'T generate.
11/One of those good effects of cities is knowledge spillovers.

Many economists believe that when knowledge workers (like engineers) live in close proximity, they exchange ideas that boost their productivity.

https://t.co/hROA2pMOsw
12/No one company is responsible for knowledge spillovers. They happen outside the company.

So companies can't really replace this benefit of cities.

Maybe the internet will naturally replace knowledge spillovers. Maybe Stack Overflow is all we really need.

...Maybe??
13/Maybe universities, or industry associations, or other actors can try to recreate virtual spaces where engineers can mix, mingle, and share ideas? Just spitballing here.

Anyway, this going to be a taller order than switching companies over to Zoom/Slack.
14/Now we come to the fourth benefit of cities, and the most difficult to replace.

Cities are great places to meet people and do fun stuff.
15/Here's an important but subtle point:

If distributed remote work means that tech workers just move to DIFFERENT SUPERSTAR CITIES, you haven't really changed anything!
16/To really distribute the workforce, you need more than for San Franciscans to work in Tokyo and New Yorkers to work in LA.

You need to get knowledge workers to work in Tulsa, Oklahoma and Cleveland, Ohio.
17/One function of cities -- dating -- actually seems somewhat easy to replace, since it's basically just a 1-to-1 matching process.

But social discovery -- meeting whole groups of friends online -- is a problem that no social media company seems to have solved yet.
18/And restaurants will be even harder. I can't even think of how cities like Tulsa will be able to achieve the variety and quality of dining options of cities like Los Angeles.

Maybe there is a way, but it'll take some creative supply chaining and matching!!
19/Anyway, so there you have it. To escape the prison that cities like San Francisco have become, knowledge industries will need to UNBUNDLE THE CITY completely, for the first time in human history.

It's a tall order. We'll see if they can do it!

(end)

https://t.co/3XYIftJAHd
20/Oh and if you like stuff like this, make sure to sign up for my free email list, so you can get my newsletter delivered directly to your inbox! :-)

https://t.co/FGppA1M8W6

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Time for panel #3: Big Tech and regulation!

I will be live-tweeting again, and you can also watch video at either the Twitter or Facebook links below!


Kaissar: Every industry gets regulated when it gets big. The question is what kind of regulation Big Tech will get,and whether the companies will be proactive in shaping it.

Kaissar: More profitable companies have higher returns. Why? Maybe it's a risk factor, because more profit = higher risk of getting regulated.

Bershidskyis showing a diagram of GDPR complaince pop-ups. What a massive ill-conceived bureaucratic mess.

Ritholtz: It's 2018 and we're still talking about Facebook privacy settings?! If you're still giving your personal data to Facebook, you just don't care about privacy!
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Today's @bopinion post is a review of the excellent new book "The Gift of Global Talent: How Migration Shapes Business, Economy & Society", by

This is an excellent, short, highly readable, very important book. Every business executive and politician should have a copy.

Why are skilled immigrants so good, and so important?

Because they're the backbone of high-value industries where the U.S. has a dominant position.


If we don't bring skilled immigrants to the United States, high-value industries will migrate to other countries, and America will lose industrial dominance and be a poorer country.


Contrary to popular belief, skilled immigrants - including H-1b workers - RAISE wages for native-born skilled workers.

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Because downward wage pressure from competition is more than canceled out by the upward wage pressure from CLUSTERING.
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To be honest, I think this is just the effect of Twitter.

If you're on Twitter all the time - as every political commentator now is - it's easy to think that whiny, big-talking Twitter slacktivists are "the Dems".

But what's happening out there on the ground?


This is another reason I think Twitter is so bad for society.

It convinces intellectuals and commentators that practically everyone who's on their side is an extremist.

Which makes them tolerate extremism out of a (false) feeling of necessity.

If you stay on Twitter too much (which we all do now), you start to think that the typical left-of-center person is some British wanker who quote-tweets "Imagine thinking this" to anyone who doesn't like the idea of "ending capitalism".

But he is not typical.

A majority of Americans are not on Twitter.

But *every* journalist, commentator, and intellectual *has* to be on Twitter.

So every journalist, commentator, and intellectual comes face to face with big-talking slacktivist faux-extremists day in and day out.

It's a problem!!

Online bubbles full of shouty faux-extremists are, in general, fine.

The difference is that every journalist, commentator, and intellectual is essentially forced to exist in THIS bubble, because their jobs require it.

Twitter is a dystopian technology.

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Noahtogolpe \U0001f407
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@Noahpinion
1/OK, so. Let's talk about Left-NIMBYism.

We all know about Right-NIMBYs, rabidly protecting their white-flight suburbs from Those People. And there are plenty of liberal NIMBYs too.

But NIMBYs of the Left are also a force to be reckoned

2/Left-NIMBYs have developed a canon of interlocking, mutually reinforcing beliefs about housing and urbanism.

These beliefs are mostly false, but they form a powerful "canon" that quickly ossifies into a hardened worldview.

It looks something like this:


3/Fortunately, Nathan J. Robinson of Current Affairs has written an article that perfectly encapsulates the Left-NIMBY worldview (and quotes me in it!).

So this is a teachable

4/Robinson selectively quotes a Bloomberg article of mine (https://t.co/iamRrW6oei).

Look at the part he quoted, vs. what I actually wrote!

Pretty different, eh? 😉


5/In fact, as I wrote in the article that Robinson failed to read more than one line of, it's theoretically possible that Left-NIMBYs COULD be right that allowing market-rate housing drives up local rents.

I take that possibility very seriously, as do YIMBYs.
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Noah Smith
Noah Smith
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1/Politics thread time.

To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.

2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.

3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.

That suggests there is still SOME grassroots support for democracy that transcends

4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an

5/OK, now the bad news.

We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
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Abir Ballan \U0001f60a
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I have just received information about a family that has locked up their child at home in isolation because she complained of some aches in her body. They suspected the child as having C19. She was tested and after a couple of days, the test came out negative. 1/n

The girl has already been in isolation for 4 days. Now they are waiting to do another PCR test today to check again because they fear that the first test was done too early and it didn't detect covid. So this little girl will remain in isolation for at least another 24 hrs. 2/n

This is idiocy. Insanity. Ignorance. Cruelty. Simply a crime against children.
The stupid fear and the stupid policies are driving parents to abuse their children. 3/n

Children are not the main source of C19 transmission.

"transmission of SARS-CoV-2 from children under 14 years of age was minimal in primary schools"
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global health policy in 2020 has centered around NPI's (non-pharmaceutical interventions) like distancing, masks, school closures

these have been sold as a way to stop infection as though this were science.

this was never true and that fact was known and knowable.

let's look.


above is the plot of social restriction and NPI vs total death per million. there is 0 R2. this means that the variables play no role in explaining one another.

we can see this same relationship between NPI and all cause deaths.

this is devastating to the case for NPI.


clearly, correlation is not proof of causality, but a total lack of correlation IS proof that there was no material causality.

barring massive and implausible coincidence, it's essentially impossible to cause something and not correlate to it, especially 51 times.

this would seem to pose some very serious questions for those claiming that lockdowns work, those basing policy upon them, and those claiming this is the side of science.

there is no science here nor any data. this is the febrile imaginings of discredited modelers.

this has been clear and obvious from all over the world since the beginning and had been proven so clearly by may that it's hard to imagine anyone who is actually conversant with the data still believing in these responses.

everyone got the same R
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We are all products of our own environments. Our environments shape our character, our personality, our habits, our identity.

The environment that Ousmane Dembélé grew up in and the environment that FC Barcelona seeks to engulf its youngsters with could not be more different.

The Great Gatsby starts with a life lesson.

"Whenever you feel like criticizing any one, just remember that all the people in this world haven't had the advantages that you've had."

Ousmane hasn’t had the advantages that La Masia youngsters have had. That’s why he’s Ousmane.

Like every La Masia youngster, Ousmane grew up with a dream: playing for Barça.

Like every youngster, he fought to stand out amid a talented group of players, the majority of which would fail to go pro.

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Ousmane did not reside in one of the most expensive academies in Europe: he lived in a low-cost public housing unit in Normandy. He did not play in the well-trimmed pitches of La Masia, he played in the concrete jungles of Évreux. These disadvantages made him the man he is today.

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Diyora Shadijanova \U0001f1fa\U0001f1ff \U0001f1f9\U0001f1ef (\u0414\u0438\u0451\u0440\u0430 \u0428\u0430\u0434\u0438\u0436\u0430\u043d\u043e\u0432\u0430)
Diyora Shadijanova 🇺🇿 ...
@thediyora
at some point we have to recognise that the financial anxiety young people are living through is not normal. monetising all your hobbies is not normal. hustle culture is not normal. glorifying precarious work is not normal. self-optimisation is not normal.

all these issues have a single root and guess what? it's the economic system we live under!! but we're too fucking exhausted to even see an alternative to capitalism because we're so broken and fatigued by it. it doesn't have to be this way, we can seek a different future.

As Mark Fisher argued, it's easier to imagine the end of the world than it is the end of capitalism. We've been utterly brainwashed by every part of our society to think that everything we're experiencing right now is extremely normal! But clearly, capitalism is failing us.

How about instead of “manifesting” money on TikTok, we work towards building a more equal society? Just a thought.

Incredible! People in the replies to this are like “people who hustle will be relaxing when they get wealthy”. That’s IF and not when and still, that’s not a given. The fact we don’t see having a regular full-time job as enough “hustling” or whatever is so scary to me.
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THREAD: Almost a year into the launch of Aarogya Setu, there is still little to no public data on its benefits. Yet, many of its flaws are well documented. Now it's going to be used for vaccine rollouts despite meager progress in public

Experts have been warning us about Aarogya Setu's capacity for surveillance. Post integration with COWIN, it will likely become a permanent part of our health data landscape. We've written to the NIC with key concerns, because here's what we've learnt in 1 year:
2/n

To justify violation of privacy, necessity and proportionality have to be proven. Aarogya Setu has disregarded these principles - we know because we analysed its Data Protocol, which MeitY released after public pressure. It fails to satisfy the basic threshold of legality.
3/n

A lack of transparency has pervaded the ecosystem. RTIs on Aarogya Setu failed to receive adequate answers. In fact, we had to send a legal notice because CIC refused to let RTI activist Saurav Das attend his own show cause hearing regarding critical info about Aarogya Setu.
4/n

Issues have been raised about the non open-source nature of the app. Even when the source code was released, it was the code for an earlier version of the app that was made available. The server-side code of the app was not available at all.
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क्या आप जानते हैं कि क्या है, पितृ पक्ष में कौवे को खाना देने के पीछे का वैज्ञानिक कारण!

श्राद्ध पक्ष में कौओं का बड़ा ही महत्व है। कहते है कौआ यम का प्रतीक है, यदि आपके हाथों दिया गया भोजन ग्रहण कर ले, तो ऐसा माना जाता है कि पितरों की कृपा आपके ऊपर है और वे आपसे ख़ुश है।


कुछ लोग कहते हैं की व्यक्ति मरकर सबसे पहले कौवे के रूप में जन्म लेता है और उसे खाना खिलाने से वह भोजन पितरों को मिलता है

शायद हम सबने अपने घर के किसी बड़े बुज़ुर्ग, किसी पंडित या ज्योतिषाचार्य से ये सुना होगा। वे अनगिनत किस्से सुनाएंगे, कहेंगे बड़े बुज़ुर्ग कह गए इसीलिए ऐसा करना

शायद ही हमें कोई इसके पीछे का वैज्ञानिक कारण बता सके।

हमारे ऋषि मुनि और पौराणिक काल में रहने वाले लोग मुर्ख नहीं थे! कभी सोचियेगा कौवों को पितृ पक्ष में खिलाई खीर हमारे पूर्वजों तक कैसे पहुंचेगी?

हमारे ऋषि मुनि विद्वान थे, वे जो बात करते या कहते थे उसके पीछे कोई न कोई वैज्ञानिक कारण छुपा होता था।

एक बहुत रोचक तथ्य है पितृ पक्ष, भादो( भाद्रपद) प्रकृति और काक के बीच।

एक बात जो कह सकते कि हम सब ने स्वतः उग आये पीपल या बरगद का पेड़/ पौधा किसी न किसी दीवार, पुरानी

इमारत, पर्वत या अट्टालिकाओं पर ज़रूर देखा होगा। देखा है न?

ज़रा सोचिये पीपल या बरगद की बीज कैसे पहुंचे होंगे वहाँ तक? इनके बीज इतने हल्के भी नहीं होते के हवा उन्हें उड़ाके ले जा सके।
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