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June 30, 2016

Facebook data-mined objective truth unmolested by the subjective attitudes

Facebook has also acquired a more subtle power to shape the wider news business. Across the industry, reporters, editors and media executives now look to Facebook the same way nesting baby chicks look to their engorged mother -- as the source of all knowledge and nourishment, the model for how to behave in this scary new-media world. Case in point: The New York Times, among others, recently began an initiative to broadcast live video. Why do you suppose that might be? Yup, the F word. The deal includes payments from Facebook to news outlets, including The Times.

Yet few Americans think of Facebook as a powerful media organization, one that can alter events in the real world. When blowhards rant about the mainstream media, they do not usually mean Facebook, the mainstreamiest of all social networks. That's because Facebook operates under a veneer of empiricism. Many people believe that what you see on Facebook represents some kind of data-mined objective truth unmolested by the subjective attitudes of fair-and-balanced human beings.

Even if you believe that Facebook isn't monkeying with the trending list or actively trying to swing the vote, the reports serve as timely reminders of the ever-increasing potential dangers of Facebook's hold on the news. That drew the attention of Senator John Thune, the Republican of South Dakota who heads the Senate's Commerce Committee, who sent a letter on Tuesday asking Mr. Zuckerberg to explain how Facebook polices bias.

The question isn't whether Facebook has outsize power to shape the world -- of course it does, and of course you should worry about that power. If it wanted to, Facebook could try to sway elections, favor certain policies, or just make you feel a certain way about the world, as it once proved it could do in an experiment devised to measure how emotions spread online.

There is no evidence Facebook is doing anything so alarming now. The danger is nevertheless real. The biggest worry is that Facebook doesn't seem to recognize its own power, and doesn't think of itself as a news organization with a well-developed sense of institutional ethics and responsibility, or even a potential for bias. Neither does its audience, which might believe that Facebook is immune to bias because it is run by computers.

That myth should die. It's true that beyond the Trending box, most of the stories Facebook presents to you are selected by its algorithms, but those algorithms are as infused with bias as any other human editorial decision.

"Algorithms equal editors," said Robyn Caplan, a research analyst at Data & Society, a research group that studies digital communications systems. "With Facebook, humans are never not involved. Humans are in every step of the process -- in terms of what we're clicking on, who's shifting the algorithms behind the scenes, what kind of user testing is being done, and the initial training data provided by humans."

Everything you see on Facebook is therefore the product of these people's expertise and considered judgment, as well as their conscious and unconscious biases apart from possible malfeasance or potential corruption. It's often hard to know which, because Facebook's editorial sensibilities are secret. So are its personalities: Most of the engineers, designers and others who decide what people see on Facebook will remain forever unknown to its audience.

June 29, 2016

Economics of News: New Statesman Alan Rusbridger on paywalls and funding schemes

Knives out for the Beeb; is Facebook a threat or opportunity ?

Is there an economic model for serious news? Let's hope so - but the gales blowing through my old industry are now truly frightening. When I stepped down from the Guardian just over a year ago, my Guardian Media Group colleagues were happy to go on the record to emphasise their confidence in increasing digital revenues and a future based on growth. But something profound and alarming has been happening in recent months and all our eyes ought to be on the West Coast giants - especially, but not only, Facebook - that are cleaning up quite extraordinarily.

-- Alan Rusbridger, former editor of the Guardian and principal of Lady Margaret Hall, Oxford.

June 28, 2016

Momentum Rocker $590 in 2016

momentum-566.jpg

Who said fat bikes are just for winter? The huge tires add comfort to rocky trails, and provide excellent stability and traction in foul conditions. Now Momentum, a brand of city bikes from Giant Bicycles, has found a new use: cruising over curbs and plowing over potholes on your daily commute.

The 4-inch-wide tires will roll over almost anything in their way (illegally parked cabbies excluded) and the 1x drivetrain with a single front chainring is easy to maintain. The frame even has a clever integrated cup holder for those days you need a caffeine pick-me-up on your way to work.

Via Bicycling; more in cycling and fatbike.

June 27, 2016

Facebook editorializing

FacebookEditorializingThuneNYT.png

What most people don't realize is that not everything they like or share necessarily gets a prominent place in their friends' newsfeeds: The Facebook algorithm sends it to those it determines will find it most engaging.

For outlets like The Daily Caller, The Huffington Post, The Washington Post or The New York Times -- for whom Facebook's audience is vital to growth -- any algorithmic change can affect how many people see their journalism.

This gives Facebook enormous influence over how newsrooms, almost universally eager for Facebook exposure, make decisions and money. Alan Rusbridger, a former editor of The Guardian, called this a "profound and alarming" development in a column in The New Statesman last week.

For all that sway, Facebook declines to talk in great detail about its algorithms, noting that it does not want to make it easy to game its system. That system, don't forget, is devised to keep people on Facebook by giving them what they want, not necessarily what the politicos or news organizations may want them to see. There can be a mismatch in priorities.

But Facebook's opacity can leave big slippery-slope questions to linger. For instance, if Facebook can tweak its algorithm to reduce click bait, then, "Can they put a campaign out of business?" asked John Cook, the executive editor of Gawker Media. (Gawker owns Gizmodo, the site that broke the Trending story.)

Throughout the media, a regular guessing game takes place in which editors seek to divine how the Facebook formula may have changed, and what it might mean for them. Facebook will often give general guidance, such as announcing last month that it had adjusted its programming to favor news articles that readers engage with deeply -- rather than shallow quick hits -- or saying that it would give priority to live Facebook Live videos, which it is also paying media companies, including The New York Times, to experiment with.


A cautionary tale came in 2014. The news site Upworthy was successfully surfing the Facebook formula with click bait headlines that won many eyeballs. Then a change in the Facebook algorithm punished click bait, which can tend to overpromise on what it links to. Steep traffic drops followed. (Upworthy has recovered, in part by relying on more on video.)

Many of Mr. Zuckerberg's visitors seemed at least temporarily placated by his explanation: That Facebook had so far found no systemic attempt to excise conservative thought from the Trending list and that any such move would harm Facebook's primary imperative (which is, in lay terms, to get every single person on earth to spend every waking moment on Facebook and monetize the living expletive out of it).

But a more important issue emerged during the meeting that had been lying beneath the surface, and has been for a while now: the power of the algorithms that determine what goes into individual Facebook pages.

"What they have is a disproportionate amount of power, and that's the real story," Mr. Carlson told me. "It's just concentrated in a way you've never seen before in media."
As his staff prepared answers to pointed questions from Senator John Thune of South Dakota, Mr. Zuckerberg took another step into the sunshine last week by holding a grievance session at Facebook's campus with conservative commentators and media executives, including the Fox host Dana Perino, the Daily Caller editor Tucker Carlson and the Blaze founder and commentator Glenn Beck, who wrote a defense of Facebook afterward.

June 26, 2016

PinkPike is like a well designed eBay for bicycles


Bike shop search engines:


PinkBike buysell.

Eriks bike shop fat-bikes/Search;
RideMonkey.BikeMag classifieds;
BikeForums/sale/;

NYC's Bicycle Habitat search for Surly;

Bikes:


Surly

Bike Exchange's Surlys;
Coastkid's 2015 springtime reflections on the Surly Moonlander;
Bikeman's Surly Moonlander
Tonys Bicycles's Surly Krampus Ops;


Momentum

Momentum Rocker;
The Bicycle Planet's Momentum Iride Rocker;
Bike Exchange's Giant-Momentum Rocker

The Fat Bike Hub on budget fat bikes, $500 $1100;

Freewheel Bike's Wheelbike Fat Bike Everything.

June 25, 2016

Bicycle summer in the Canadian Arctic

Fat-Bike.com's Tuesday summer in the Canadian Arctic

June 24, 2016

Bicycle size

Via Rocky Mountain

SizingChart_Compact.jpg

June 23, 2016

Le Grand Fat Tour

Growing bicycle niche of all terrain fat-tire bicycles.

Le Grand Fat Tour: Le Grand Fat Tour 2016

Parc Jean Drapeau Ecorecreo Rental fat bike Montreal at Parc Jean Drapeau at Ile Sainte Helene/. (Special, January 16 to February 7, 2016 )


Kingdom Trails Winterbike

ORS-Uberwintern-2016.jpg

2015-2016 Schedule for Eastern Canada and USA

Sat Dec 5th - Global Fatbike Day - Burlington VT

Sat Jan 9th - Uberwintern - Stowe/Morrisville VT

Sat Jan 16th - Coaticook QC

Sat and Sun Jan 30-31- Bromont

Sun Feb 7th - The 9th Annual Frozen Onion at Hubbard Park in Montpelier, VT

Sat March 5th - Winterbike - East Burke

Sat Mar 12th - Mammouth winter races - Boischatel QC

June 21, 2016

Fat Bikes Arise


Background:

Bicycling.com's fat bikes explained.

Icebike's Mountain-bikes / fat-bikes.

Monterey Mountain Bike
Fat Bikes for 2015


June 20, 2016

Krugman on Brexit / Remain: the credibility of pro-E.U. experts is so low

You can argue that the problems caused by, say, Romanians using the National Health Service are exaggerated, and that the benefits of immigration greatly outweigh these costs. But that's a hard argument to make to a public frustrated by cuts in public services -- especially when the credibility of pro-E.U. experts is so low.

For that is the most frustrating thing about the E.U.: Nobody ever seems to acknowledge or learn from mistakes. If there's any soul-searching in Brussels or Berlin about Europe's terrible economic performance since 2008, it's very hard to find. And I feel some sympathy with Britons who just don't want to be tied to a system that offers so little accountability, even if leaving is economically costly.

An adviser (Dan Davies) for Frontline Analysts, a global research outsourcing firm, supports Remain.

June 19, 2016

Linkedin + MS Word = Clippy 3.0 ?

Did Mr. Nadella, who has been at Microsoft since 1992, learn nothing from the Clippy disaster? Clippy, the animated anthropomorphic paper clip introduced in 1996, popped up unbidden in Microsoft Office programs to offer advice. "Are you writing a letter?" it would ask annoyingly. Clippy became famous for the ire it provoked and, in 2010, Time magazine included Clippy in a roundup of the 50 worst inventions of all time, along with asbestos, leaded gasoline and pay toilets.

Matthew G. Kirschenbaum, an associate professor of English at the University of Maryland and author of "Track Changes: A Literary History of Word Processing," said the move reflected a failure to understand what writers need. "Most of the most innovative writing tools now on the market position themselves precisely as distraction-free platforms," he said.

June 18, 2016

Kruger Dunning: Unskilled and Unaware

Kruger Dunning: Unskilled and Unaware is an all time classic.

June 17, 2016

The Donald is tumescent

Washington Post writer style guide to writing about President/Daddy Donald Trump.

Remember the transitive property of Trump: Whenever Donald Trump loves something, it loves him back. Donald Trump loves women. Therefore, women love Donald Trump. Donald Trump loves Hispanics. Therefore, Hispanics love Donald Trump. Any polls that obscure these truths should be disregarded.

June 16, 2016

Net neutrality is real

The court's decision upheld the F.C.C. on the declaration of broadband as a utility, which was the most significant aspect of the rules. That has broad-reaching implications for web and telecommunications companies that have battled for nearly a decade over the need for regulation to ensure web users get full and equal access to all content online.

"After a decade of debate and legal battles, today's ruling affirms the commission's ability to enforce the strongest possible internet protections -- both on fixed and mobile networks -- that will ensure the internet remains open, now and in the future," Tom Wheeler, chairman of the F.C.C., said in a statement.

The two judges who ruled in favor of the F.C.C. emphasized the importance of the internet as an essential communications and information platform for consumers.

Net Neutrality Again Puts F.C.C. General Counsel at Center Stage FEB. 7, 2016
BITS BLOG

In Net Neutrality Hearing, Judge Signals Comfort With F.C.C.'s Defense DEC. 4, 2015
"Over the past two decades, this content has transformed nearly every aspect of our lives, from profound actions like choosing a leader, building a career, and falling in love to more quotidian ones like hailing a cab and watching a movie," wrote David Tatel and Sri Srinivasan, the judges who wrote the opinion.

But the legal battle over the regulations is most likely far from over. The cable and telecom industries have signaled their intent to challenge any unfavorable decision, possibly taking the case to the Supreme Court.

AT&T immediately said it would continue to fight.

"We have always expected this issue to be decided by the Supreme Court and we look forward to participating in that appeal," said David McAtee II, the senior executive vice president and general counsel for AT&T.

For now, the decision limits the ability of broadband providers like Comcast and Verizon to shape the experience of internet users. Without net neutrality rules, the broadband providers could be inclined to deliver certain content on the web at slower speeds, for example, making the streams on Netflix or YouTube buffer or shut down. Such business decisions by broadband providers would have created fast and slow lanes on the internet, subjecting businesses and consumers to extra charges and limited access to content online, the F.C.C. has argued.

-- Cecilia Kang.

June 15, 2016

Storing security holes for a rainy day

"The hope is that, in not too many years, human brains and computing machines will be coupled," wrote Joseph Carl Robnett Licklider, who was known as "Lick" and is the man widely remembered as the internet's Johnny Appleseed. Mr. Licklider joined the Pentagon in 1962, and his ideas later formed the basis for the military's primordial internet work.

Even a big-vision idealist like Mr. Licklider could never have imagined that more than 50 years later, we would be telling the internet our deepest secrets and our whereabouts, and plugging in our smartphones, refrigerators, cars, oil pipelines, power grid and uranium centrifuges.

And even the early internet pioneers at the Pentagon could not have foreseen that half a century later, the billions of mistakes made along the way to creating the internet of today and all the things attached to it would be strung together to form the stage for modern warfare.

It is rare to find a computer today that is not linked to another, that is not baked with circuitry, applications and operating systems and that has not -- at one point or another -- been probed by a hacker, digital criminal or nation looking for weaknesses to exploit for profit, espionage or destruction.

-- Nicole Perlroth

June 14, 2016

The vision of Facebook

Facebook is full of true believers who really, really, really are not doing it for the money, and really, really will not stop until every man, woman, and child on earth is staring into a blue-bannered window with a Facebook logo. Which, if you think about it, is much scarier than simple greed. The greedy man can always be bought at some price, and his behavior is predictable. But the true zealot? He can't be had at any price, and there's no telling what his mad visions will have him and his followers do.

That's what we're talking about with Mark Elliot Zuckerberg and the company he created.

June 13, 2016

Google's Self-driving car

Google self driving car report; WashPost on how the era of self driving cars will change more than cars.

June 12, 2016

MS Word phones home

wordtoyourmother compiled by Nick Weaver.

June 10, 2016

How to sell a mortgage

Adam Levitin:

It's axiomatic that a trust's powers are limited to those set forth in the documents that create the trust. In the case of RMBS, that document is the Pooling and Servicing Agreement (PSA). Most PSAs are governed by NY law, which provides that a transaction beyond the authority of the trust documents is void, meaning it is ineffective.

PSAs typically set forth a very specific method of transferring the notes (and mortgages) that goes beyond what is required by Articles 3 or 9. This is perfectly fine under the UCC, which permits parties to deviate from its default rules by agreement (UCC 1-203), which can be inferred from the parties' conduct, including the PSA itself. So what this means is that if a securitization transaction did not meet the requirements of the PSA, it is void, regardless of whether it complied with the transfer requirements of Article 3 or Article 9. The private law of the PSA, not Article 3 or Article 9, is the relevant law governing the final transfer in a securitization transaction.

There is some variation among PSAs, but typically a PSA will have two relevant transfer provisions. First, it will have a recital stating that the notes (and mortgages) are "hereby" transferred to the trust. This language basically tracks the requirements of an Article 9 sale. Second, it will have a provision stating that in connection with that transfer, there will be delivered to the trust the original notes, each containing a complete chain of endorsements that show the ownership history of the loan and a final endorsement in blank. The endorsement requirement invokes an Article 3 transfer, but it imposes requirements (the complete chain of endorsements and the form of the final endorsement) that are not contained in Article 3.

There is a very good business reason for having the full chain of title in the endorsements: it is evidence of the transfers needed to ensure the bankruptcy remoteness of the trusts' assets. Bankruptcy remoteness means that the RMBS investors are assuming only the credit risk on the mortgages, not the credit risk of the originators and/or securitizers of the mortgages, and RMBS are priced based on this expectation.

Via Yves Smith / nakedcapitalism.

June 1, 2016

NYC-NJ rail tunnels were impressive in 1909

No commuters today would describe the experience of traveling underneath the Hudson River from New Jersey to New York as exceptional. But that's exactly how newspaper writers of the day described a then-miraculous train trip in 1909.

This system of iron-clad tunnels connecting New York and New Jersey, a progressive transit project finished during the first decade of the 20th century and overseen by builders, engineers, and statesman such as William Gibbs McAdoo, was "one of the greatest railroad achievements in the history of the world," transforming an often frigid 10-minute journey across the water on ferries into a three-minute, climate-controlled run.

Passengers arrived at the original Pennsylvania Station, a Beaux-Arts masterpiece that was greeted with "exclamations of wonder" when it opened in 1910, and observers from London were awed by the superior transport system. The Holland Tunnel, devised by master tunneler Ole Singstad, was opened in 1927 by President Coolidge in an elaborate ceremony using the same ornate golden key that played a role in the opening of the Panama Canal.

Summing up all of the infrastructure built during that period to connect the island of Manhattan to the burgeoning populations of Brooklyn and New Jersey, the New York Times asked the rhetorical question, "How much better off are the young men of this hour than their fathers?"