Author Archives: Michael Froomkin

Fun Fiction

Paul Ford, The Last Museum.

For some reason, I especially liked this line,

I realized when someone tried to get me involved in a private zoo-sharing plan that it had gone too far. I didn’t want to own a fractional giraffe.

This next bit wasn’t bad either,

Deep down we are all people of the screen, but the generation coming after don’t own cars. They don’t own phones. They rent access to communities. They design tastes and sounds. They network naturally. A young man walks down the street and a voice comes into his ear, and he stops and says to a young woman in front of him: “Cynda wants you to get milk.”

Some part of me keeps screaming, “why does he need to tell her? Why doesn’t someone just tell Cynda directly to get the milk?” Why, when we are surrounded with technology, would anyone build inefficiency into the system, involving more humans, making a mess of what should be a simple process involving robots and drones?

But they are who they are, and what am I going to do about it? Blog?

Indeed.

Posted in Readings | Comments Off on Fun Fiction

This Joke Is Older Than You Think

Jon Schwartz writes, Russian Oligarch Boris Berezovsky Wanted to Turn My Joke Into Reality. The joke is

One of my core political beliefs is that there would still be a Soviet Union if they’d been smart enough to have two communist parties that agreed on everything except abortion.

Obviously that’s a joke about the U.S., where we have two capitalist parties that largely agree on everything. The exceptions are issues that matter a lot to the regular people who make up the two parties’ bases, but are largely irrelevant to party elites who fund and run both of them.

I first heard a version of this in the early seventies, when someone told me what was already an old saw about Kwame Nkrumah being interviewed by an American reporter for the AP shortly after taking Ghana to a one-part state in 1964.

“Don’t you believe in democracy, sir?” the reporter asked.

“Oh you Americans,” Nkrumah supposedly replied, “You already have a one-party state, but with typical American excess you have two of them.”

Update: It seems I’ve blogged this joke before. More American excess?

Posted in Completely Different, Politics: US | Comments Off on This Joke Is Older Than You Think

Learning the Wrong Lesson from a Ripoff

Peter Himler draws the wrong conclusion from his bad experience with The F***ing Internet of Things — Adventures in Consumer Technology.

I soon learned that I had very few options in terms of service providers. The design of the Crestron system is quite complex, i.e., each system is programmed to the individual specs of the dealer and the dealer is the only one with the keys.

For my deep-pocketed and tech-luddite neighbors, this fact probably mattered little. If you have a $10-million dollar home, what’s tens of thousands of dollars? For us, however, it mattered.

Conversely, for the small group of local Crestron dealers, it’s a virtual bonanza.

Rather than conclude (as he does) that the makers of high-tech IOT-enabled products ought to remind their dealers to be less grasping, not to mention criminal, Himler should have concluded that we ought not to buy expensive (or mission-critical) products that have proprietary systems.

Open source, my friend, open source.

Posted in Sufficiently Advanced Technology | 1 Comment

The Past Isn’t Even Past

I remember it well:

Editor’s Preamble! Back in 1997 I gave a paper on crowdfunding – I believe the first ever proper paper, although there was one "lost talk" earlier by Eric Hughes – at Financial Cryptography 1997. Now, this conference was the first polymath event in the space, and probably the only one in the space, but that story is another day. Because this was a polymath event, law professor who’s name escapes Michael Froomkin stood up and asked why I hadn’t analysed the crowdfunding system from the point of view of transaction economics.

I blathered – because I’d not heard of it! But I took the cue, went home and read the Ronald Coase paper, and some of his other stuff, and ploughed through the immensely sticky earth of Williamson. Who later joined Coase as a Nobel Laureate.

The prof was right, and I and a few others then turned transaction cost discussion into a cypherpunk topic. Of course, we were one or two decades too early, and hence it all died.

Now, with gusto, Vinay Gupta has revived it all as an explanation of why the blockchain works.

Financial Cryptography: Coase's Blockchain – the first half block – Vinay Gupta explains triple entry.

Posted in Cryptography, Econ & Money | Comments Off on The Past Isn’t Even Past

Swiss Cheese Hole Crisis Averted

Best story in today’s paper:

The mystery of Swiss cheese and its disappearing holes has been solved: The milk is too clean. A Swiss agricultural institute discovered that tiny specks of hay are responsible for the famous holes in traditional Swiss cheeses like Emmentaler and Appenzeller. As milk matures into cheese, these microscopically small hay particles help create the holes in the cheese. The government-funded Agroscope Institute said in a statement on Thursday that the transition from age-old milking methods in barns to fully automated, industrial milking systems had caused the holes to decline during the past 15 years. In a series of tests, scientists added different amounts of hay dust to the milk and discovered that it allowed them to regulate the number of holes.

Switzerland: Scientists Find the Secret to the Holes in Swiss Cheese: Hay Dust

Posted in Science/Medicine | 2 Comments

Dream ON

Posted in 2016 Election | 1 Comment