Links

Exploring the latticework: Some reflections and a list of around 100 cross-disciplinary mental models - by Chetan Parikh (LINK)

Mars Buys Out Buffett Preferred Stake That Paid 5% Dividend (LINK)

Ray Dalio's Remarks at the 40th Annual Central Banking Seminar [H/T Barry Ritholtz] (LINK)

The Howard Marks Investor Series at The Wharton School: A Conversation with Stephen A. Schwarzman (video from April 2016) [H/T ValueConferences] (LINK)

Deutsche Bank: A Greek Tragedy at a German Institution? - by Aswath Damodaran (LINK)

Flash crash sees the pound gyrate in Asian trading (LINK)

The Most Overlooked Trait of Investing Success - by Morgan Housel (LINK)

MailChimp and the Un-Silicon Valley Way to Make It as a Start-Up [H/T @BaseHitInvestor] (LINK)

Theranos Retreats From Blood Tests (LINK)

Company led by Elizabeth Holmes will shut down facilities and shed more than 40% of its workforce

Behind The Crash Of 3D Robotics, North America's Most Promising Drone Company (LINK)

Venture capitalist Marc Andreessen explains how AI will change the world [H/T Barry Ritholtz] (LINK)

Exponent podcast: Episode 091 — Google’s New Business Model (LINK)

Seth Godin: Do what you're good at, or... (LINK)

The Cato chronicles, part VI: the legacy (LINK)

Related book: Rome's Last Citizen: The Life and Legacy of Cato, Mortal Enemy of Caesar

Here's to the Curious - Chris Anderson - Zeitgeist Americas 2013

Link

Chris Anderson on EconTalk

Chris Anderson, author of Makers: The New Industrial Revolution, talks with EconTalk host Russ Roberts about his new book--the story of how technology is transforming the manufacturing business. Anderson argues that the plummeting prices of 3D printers and other tabletop design and manufacturing tools allows for individuals to enter manufacturing and for manufacturing to become customized in a way that was unimaginable until recently. Anderson explores how social networking interacts with this technology to create a new world of crowd-sourced design and production.

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Related book: Makers: The New Industrial Revolution

Related previous post: Chris Anderson on Why He's Leaving Digital for DIY

Chris Anderson on Why He's Leaving Digital for DIY

Found via Simoleon Sense.

Wired's long-time editor in chief, Chris Anderson, announced on Friday that he was leaving the magazine to become CEO of his DIY-drone company, 3D Robotics. This move comes a month after the release of his latest book, Makers: The New Industrial Revolution. In an interview last week (and a brief follow-up after Friday's announcement), Anderson talked with me about today's biggest revolution in how and where we actually make things. If the last few decades have been about big digital forces — the Internet, social media — he notes that the future will be about applying all of that in the real world. "Wondrous as the Web is," he writes, "it doesn’t compare to the real world. Not in economic size (online commerce is less than 10 percent of all sales) and not in its place in our lives. The digital revolution has been largely limited to screens." But, he adds, the salient fact remains that "we live in homes, drive in cars, and work in offices." And it is that physical part of the economy that is undergoing the biggest and most fundamental change.

Chris Anderson on CNBC

Link

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Related book: Makers: The New Industrial Revolution

WIRED Business Conference Video: Chris Anderson Interviews Marc Andreessen

For more videos from the conference, go HERE.


WIRED: The Future of the Internet—And Everything Else from WIRED on FORA.tv

The Man Who Makes the Future: Wired Icon Marc Andreessen

Found via The Big Picture.

He’s not a household name like Gates, Jobs, or Zuckerberg. His face isn’t known to millions. But during his remarkable 20-year career, no one has done more than Marc Andreessen to change the way we communicate. At 22, he invented Mosaic, the first graphical web browser—an innovation that is perhaps more responsible than any other for popularizing the Internet and bringing it into hundreds of millions of homes. He cofounded Netscape and took it public in a massive (for that time) stock offering that helped catalyze the dotcom boom. He started Loudcloud, a visionary service to bring cloud computing to business clients. And more recently, as a venture capitalist, he has backed an astonishing array of web 2.0 companies, from Twitter to Skype to Groupon to Instagram to Airbnb.

As Wired prepares for its 20th anniversary issue in January 2013, we are launching a series called Wired Icons: in-depth interviews with our biggest heroes, the tenacious pioneers who built digital culture and evangelized it to the world over the past two decades. There’s not a more fitting choice for our first icon than Andreessen—a man whose career, which almost exactly spans the history of our magazine, is a lesson in how to spot the future. In an interview at Andreessen’s office in Palo Alto, California, Wired editor in chief Chris Anderson talked with him about technological transformation, and about the five big ideas that Andreessen had before everyone else.

Bill Gates at WIRED Conference

Thanks to David for passing this along. Link to video:

Chris Anderson, Editor in Chief of WIRED moderates a Q&A with Bill Gates as part of the opening session of the third annual WIRED Business Conference.

Business Insider Interview with Chris Anderson

Prior to joining Wired as its Editor-in-Chief, Chris Anderson swore to himself that he would never become a journalist. Why? Because his parents were also journalists.

So he went and got a degree in physics and a job at Los Alamos.

In the end, his lineage won out and he ended up working for the journals Nature and Science before moving on to The Economist. Then, in 2000, Chris Anderson was recruited by Conde Nast to run its technology magazine Wired. Anderson's reign at Wired started off shaky, but he notes that in retrospect, the end of the dot com bubble was the best time for him to take over the magazine.

"I was able to screw up because in those days you could not succeed in that environment," Anderson told us. "So, if you're going to fail, fail in an environment where it's impossible to succeed."

Anderson made a bet that the Internet would continue to grow despite the stock market crashing, and time and time again he had his magazine declare the Internet had become ubiquitous. No one believed this positive spin however; so, the magazine had to do something different.

"Eventually, it was science that saved us," Anderson declared.

With 18 months of experience under his belt as Wired's Editor-in-Chief, Anderson released an issue of the magazine that strayed away from technology and focused on the cultural differences between science and religion. This issue served as the launching pad for Wired's longstanding dominance in the technology magazine industry.

Today, Chris Anderson is still Editor-in-Chief of Wired, a best-selling author, and the founder of a robot-manufacturing company. And he has 5 kids.

Our exclusive 40-minute interview with Chris Anderson in presented in its entirety below. We'll also publish highlights from it over the next few days.

The Web Is Dead. Long Live the Internet - By Chris Anderson and Michael Wolff

Two decades after its birth, the World Wide Web is in decline, as simpler, sleeker services — think apps — are less about the searching and more about the getting. Chris Anderson explains how this new paradigm reflects the inevitable course of capitalism. And Michael Wolff explains why the new breed of media titan is forsaking the Web for more promising (and profitable) pastures.

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Chris Anderson was also on Charlie Rose last week: HERE

A world of hits

Ever-increasing choice was supposed to mean the end of the blockbuster. It has had the opposite effect

NOVEMBER 20th saw the return of an old phenomenon: the sold-out cinema. “New Moon”, a tale of vampires, werewolves and the women who love them, earned more in a single day at the American box office than any film in history. The record may not stand for long: next month “Avatar”, a three-dimensional action movie thick with special effects, will be released (see picture). This film’s production budget is reportedly $230m, which would make it one of the most expensive movies ever made. “Avatar” will be a great disappointment if its worldwide ticket sales fail to exceed $500m. Yet it is a reflection of how things are changing in the media business that such an outcome is unlikely.

There has never been so much choice in entertainment. Last year 610 films were released in America, up from 471 in 1999. Cable and satellite television are growing quickly, supplying more channels to more people across the world. More than half of all pay-television subscribers now live in the Asia-Pacific region. Online video is exploding: every minute about 20 hours’ worth of content is added to YouTube. The internet has greatly expanded choice in music and books. Yet the ever-increasing supply of content tailored to every taste seems not to have dented the appeal of the blockbuster. Quite the opposite.

This is not what was predicted by one of the most influential business books of the past few years. In “The Long Tail”, Chris Anderson, editor-in-chief of Wired, a technology magazine (and before that a journalist at The Economist), argued that demand for media was moving inexorably from the head of the distribution curve to the tail. That is, the few products that sell a lot were losing market share to the great many that sell modestly. By cutting storage and distribution costs, the internet was overturning the tyranny of the shop shelf, which had limited consumers’ choices. And, by developing software that analysed and predicted consumers’ tastes, companies like Amazon were encouraging people to wallow in esoterica. Such companies did not just supply niche markets—they helped create them.

“The Long Tail” set off a lively debate. Professors at Harvard Business School questioned whether many companies can profit from selling a little of a great many things. The supply of obscure films and music seems to be growing faster than people are discovering them. Harvard’s Anita Elberse argued in an article last year that only a foolish firm would shift its focus away from the mass market. People in the media business, who have to back their judgments with money, have a different view. In a sense, they say, both Mr Anderson and his detractors are right. At the same time, both are missing the real story.

“Both the hits and the tail are doing well,” says Jeff Bewkes, the head of Time Warner, an American media giant. Audiences are at once fragmenting into niches and consolidating around blockbusters. Of course, media consumption has not risen much over the years, so something must be losing out. That something is the almost but not quite popular content that occupies the middle ground between blockbusters and niches. The stuff that people used to watch or listen to largely because there was little else on is increasingly being ignored.

Chris Anderson on Charlie Rose

Malcolm Gladwell's critical review of FREE and Chris Anderson's response

I'm a fan of both Malcolm Gladwell and Chris Anderson, so this exchange is pretty interesting to me. Links to:

Gladwell's Review

Anderson's Response

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Book: Free: The Future of a Radical Price

Related previous post: Chris Anderson's FREE Speech

Chris Anderson's FREE Speech

Book: Free: The Future of a Radical Price

Related previous post: Free! Why $0.00 Is the Future of Business by Chris Anderson

Chris Anderson's blog: The Long Tail

How About Free? The Price Point That Is Turning Industries on Their Heads

There's an old joke about a businessman who gives away his products. A customer asks: "How do you make money doing that?" He answers: "I make it up on volume."

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It's nonsensical, yes. But a funny thing has happened: Giving away the product has become a legitimate business model on the Internet and even beyond. And it's been getting increased attention. Author Chris Anderson will publish a new book in July titled, Free: The Past and Future of a Radical Price. It's a follow-up to his Wired magazine cover story last year, "Free! Why $0.00 is the Future of Business." Anderson, the editor of Wired and a former Economist reporter, also wrote the 2006 book, The Long Tail, in which he observed how companies such as Amazon.com and Netflix were thriving by offering gigantic catalogs of products that each sell in small quantities. Today, those companies are among the few thriving through a recession.

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Related books:

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Free: The Future of a Radical Price

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The Long Tail

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Related previous post: Free! Why $0.00 Is the Future of Business by Chris Anderson

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Article: "The Long Tail" by Chris Anderson

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Related links:

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Video: Interview With Chris Anderson

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The Grand Unified Theory On The Economics Of Free

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Chris Anderson's blog

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A revizualization of the four kinds of free

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Upfront and Unscripted with Jeff Bezos (Audio)

I think Jeff Bezos and Chris Anderson are two of the best people from which to learn. I don't know how I missed this podcast the first time, but it is really great (in my opinion). I also think the iPod-like comparison is a valid one for The Kindle. A quote I enjoyed from Bezos: "You have to have a willingness to be misunderstood if you're going to pioneer."

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In this Upfront and Unscripted session, visionaries Jeff Bezos, Founder and CEO of Amazon.com, and Chris Anderson, Executive Editor of Wired and author of The Long Tail, participate in a one-on-one informal but incisive discussion focused on the evolving impact of Amazon’s Kindle on publishing models and reader habits.

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Kindleistas in the digital media continue to fuel the tipping-point chatter while others in the trade point to implications for publishers in a iPod-like digital mono-channel. Meanwhile, newer Kindle models are sure to bring stylistic and user changes that will encourage greater adaptation from consumers farther down the Long Tail. This is a conversation any stakeholder in the book industry should not miss.

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This podcast episode begins with a special announcement from Bezos and Simon and Schuster President and CEO Carolyn Kroll Reidy. Reidy announced that Simon and Schuster will be make 5,000 additional titles available to Kindle users by the end of 2008, more than doubling their current offering.

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The Amazon Kindle

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Previous Bezos posts/links:

Amazon.com's Jeff Bezos - Interviews

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Who's Writing the Book on Web Business? (1996 short interview with Bezos)
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Put Buyers First? What a Concept
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Jeff Bezos D6 Interview - Highlight Reel

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Previous Anderson posts/links:

Free! Why $0.00 Is the Future of Business by Chris Anderson

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Article: "The Long Tail" by Chris Anderson

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The Long Tail: Book and Audio Book

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The Long Tail Web Site

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