Category Archives: Uncategorized
I noticed that the artist photos in iTunes age with the artists until they die. At that point, their youthful self returns and takes over the marketing of the artist. Case in point, Dave Brubeck, who died this year and now appears to be a 28-year-old on iTunes.
The notion of privacy is as lively and relevant as ever.
The idea that privacy is dead is irrelevant, along with the argument about how privacy operates in interpersonal and social contexts, which is misguided and ultimately aligns the list for or against people. It is not necessary to condemn privacy, because it sets up thousands of debates over what people have lost rather than what they have gained from the advance of transactional and publishing tools. In this context, marketing is only a business function that composes content and transactional opportunities, though others who look higher in the stack than I may disagree.
What has changed is not the definition or reality of “privacy,” a concept that denotes the individual’s subjective sense of ownership of their body, their property, space and time. The difference is that a wide range of transactional opportunities have come into play, which were unavailable in the past because products and services could not be personalized efficiently. We’ve created a good, personal information, which was previously inseparable from other goods in the market. Now we need to bank that asset on behalf of its owners, individuals with their own definitions of the fair value of their personal data that we cannot control or define for them. We can help them understand the value and how to leverage it.
We can tell people they have an asset, but we cannot tell them how to use it. Just like money.
The concern then, from our customers’ standpoint (also the perspective of the “reasonable person”), is whether we say those goods should be marshalled to benefit them or someone else. Traditionally, we’ve ignored the personal cost of accommodating mass-produced goods. We learned to be happy with a black car, because that was what Mr. Ford made. Today, just as we can perform full-lifecycle accounting of a factory and find that it extracts value and carries costs that have not been factored into the price and passed on to society at large, we find that producers have simply started collecting personal information and selling it to one another instead of engaging in the negotiation that recognizes the personal property in personal information. Furthermore, we know that, based on the personal property mined from our interactions, some organizations can change the individual’s lifelong cost curve for a service – the canonical example is the health care provider who raises premiums or simply refuses to insure someone identified as being at great risk of incurring medical costs. Both the economy-wide and the many interpersonal interactions that make up the whole economy then begin to whittle away at the actual wealth of people, who don’t even realize they are losing value moment-by-moment. They will eventually be reduced to an informational-economic form of indentured servitude, where their willingness to pay and capacity to earn through labor, rather than from the value of the full range of personal informational assets they possess, will be carefully managed by marketers until they are exhausted of value.
Without a sense of the value each person generates in information, whether you call the concept “privacy” or something else, this discussion will produce a generation in which some people are reduced to the role of factory-farm pigs, existing simply to generate profits instead of living as individuals with self-worth and dignity.
So, let’s avoid the “Privacy’s dead, now let’s get down to business” rhetoric. It prevents us from going to work for the people whose privacy, regardless of the definition, has been destroyed without their consent. The rhetoric gives us an excuse to ignore the messy part of the economy that has emerged in clear focus: People’s preferences are a relevant and valuable component of the value chain for the first time in history.
I’m in London on business and was listening to a table of Europeans, Austrians, I guessed, talk about the French and the British. They were being snarky about their EU fellows. It’s fascinating, when you think about it, that the differences they emphasize as “French” or “British” or, for that matter, “Austrian,” are only the result of administrative systems combined with accidents of history. We are no longer citizens of countries, except in name. But names die hard.
I’ve finally put my finger on an apt comparison between where China is today and the U.S. was at some time in the past: The 1920s, which is not a good thing.
Fascinating piece in the Times today on the potential explanations for the behavior of “information” in a black hole. A Black Hole Mystery Wrapped in a Firewall Paradox – NYTimes.com.
The interesting thing about this information is that it, information, is “stuff” from our universe and constitutes information because we can recognize and manipulate the ideas, but that doesn’t make this a predictive science of what will happen inside a black hole. We remain in a purely speculative relationship to the universe as a whole, even when a hole is drilled through it by something that is literally no longer of this reality.
For months, I’ve been thinking about what blogging has done to my writing. It worked great as a format when I was writing columns, but as a workshop for essays, stories and other types of written work, blogging is the wrong tool because it does not allow for the word to be pondered in isolation through a series of rewrites. Blogging is for short bursts of expression but not crafted prose that requires weeks and months of private contemplation to produce the effects at which it aims. Blogging broke my discipline as a writer, in some ways. That’s not to say that I will never blog again, but that I know it isn’t a good idea to stretch one’s writerly muscles in public first, before the requisite work is done in private.
Yale economist Robert Shiller has an idea for stimulating economic growth, the creation of “trills,” national GDP bills that would allow investment in economic growth in the latest Harvard Business Review. I did a hour-long interview with Shiller a few years back on a related topic. Still a great listen, here