I find myself moving more and more towards the perspective that aspects of capitalism are broken. Pushing stock prices up no matter what the cost, the huge gap in compensation between the highest and lowest paid workers in an organization, the slanting of financial laws towards the rich, and the increasing fraction of our economy that is based on businesses that make nothing (Financial, Legal, etc.).
Three books that are worth a read about how this happens on a day-to-day basis in corporations and how people are quickly or slowly corrupted, or how their decisions slip down a very dark path.
Bad Blood: Secrets and Lies in a Silicon Valley Startup by Carreyrou is the latest about the fall of Theranos and Elizabeth Holmes which is in the current news. I saw her speak once at a conference to a small group of IT CIOs. She was being interviewed by Meg Whitman who was running HP at the time. I’m not quite done with this book, but I can already highly recommend it. It is absolutely captivating in how morally bankrupt some people can be.
Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue by Holiday which is the story of Gawker and its business model and the work done to take it down.
And no such list would be complete without The Smartest Guys in the Room by McLean and Elkind about Enron and how that model worked. I lived through part of that story where the company I worked and friends in California lived through rolling power outages one summer that Enron employees were causing to happen.
I don’t know the answers (or probably some of the right questions) here. It just seems that aspects of our model and way of doing things are breaking down. Broken.
Monday I told a friend that I should get some chocolate chip cookie dough to cook at home. My wife is gone, I just ran a marathon, I deserve some freshly baked, hot chocolate chip cookies.
Tuesday when using the Walmart Grocery app to order a few things for pickup, the top suggested item for me was Toll House Chocolate Chip Cookies.
I have never ordered such from Walmart and never searched for such. What an amazing coincidence? How is this possible? Options:
1) Using big data analytics, Walmart decided they should suggest cookies to me based on subtle hints and data gathered over time from web browsing, purchase history, zip code, time of day and what car I drive.
2) My mobile phone was with me when I made the comment about cookies on Monday. The microphone was being monitored by some cloud engine tied to Walmart and the request was turned into a suggestion next time I used the Walmart app.
3) Random chance suggested cookies out of the millions of options in the Walmart catalog.
4) Toll House Chocolate Chip Cookie is one of the most shopped for items that Walmart fulfills so they suggested it to me.
Disturbing at the least. Thoughts?
A few interesting things I’ve found recently:
Am I Invisible? The Pain-Relieving Response to Being Rejected or Excluded is one of the best articles I’ve read in a long time. Seems to me that we are disconnected from one another more than ever and that more and more people are very lonely. I’ve been thinking about this article for a week now.
Remember the deepest desire of the human heart is to belong … to be welcomed … to know you are seen and worthy of kindness.
Warren Buffett’s ‘20 Slot’ Rule: How to Simplify Your Life and Maximize Your Results is an article about focus. Much like a prior post on Mindsets and Focus, this provides an interesting way to think about what is important to you and where you should invest your time, energy and thoughts. You’ve only got some many opportunities…
The Greatest Sales Deck I’ve Ever Seen by Andy Raskin struck me as a clear outline of how to sell your idea. A clear, step-by-step outline of how to sell your idea to someone else. I’m thinking of where I can apply this outline to something soon.
How (and Why) to Find, Hire (and Promote) a Utility Player by Karin Hurt has some thoughts on how to be really indispensable to an organization or team. She outlines some skills, and really a mindset to embrace, that can make you indispensable.
A rather interesting article called, The Status Update Life with some thought-provoking ideas about social media and the compulsion to post status updates.
“You can take the person out of contributing to social media but you cannot take the social status needs out of the person.” — Taylor Wallace
and finally a good article about how to develop your self-confidence entitled, How to Activate Extreme Self-Confidence and Destroy Chronic Anxiety and Fear by Anthony Moore.