Wednesday, October 26, 2011

As if by magic

I write about the issue of power, and lo I then discover a story about the 147 companies that control everything. An interesting read about modelling of networks really.

These are mostly financial houses as per my note about corporate power.

A retort tried to argue that these finance companies were ultimately just agents for all of us as investors - but that is technically rubbish, especially if what we "own" is an investment in a super fund.

Meanwhile in another observation on complexity economics we learn 'Groupon Is A Disaster'. Anyone who lived through the tech boom and bust of the 1990s could have told you that.

That is about as un-newsworthy as is The Internet is Insecure. Problem with that report is the assertion "Australia is taking a positive lead by working with other nations to identify and try to solve some of the issues with the internet. But the pace of this world-wide effort is glacial and more needs to be done." Stuffed if I can see that happening given the very low Australian presence at ISOC and IETF meetings.

Novae Meridianae Demetae Dexter delenda est

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