The Curse of the Network Effect

View at Medium.com

“One way around the problem of completeness is to facilitate the transaction itself. Companies like oDesk, etsy and Uber, ensure they are in the middle of the money by processing the flow of cash. It’s much easier to justify taking a cut when you hold the gold, particularly when doing so adds convenience and security to the transaction.”

Are you thirsty ?

The Italian says, “I’m tired and thirsty. I must have wine.”
The Frenchman says, “I’m tired and thirsty. I must have cognac.”
The Russian says, “I’m tired and thirsty. I must have vodka.”
The German says, “I’m tired and thirsty. I must have beer.”
The Mexican says, “I’m tired and thirsty. I must have tequila.”
The Jew says, “I’m tired and thirsty. I must have diabetes.”

 

Singularity University

http://www.bloomberg.com/video/singularity-university-bloomberg-brink-06-04-llZ8NpBqQB65izwV_sjNeQ.html

Bloomberg : Singularity University, where the world’s brightest minds convene to attack the world’s toughest challenges. Companies coming out of SU include Made in Space, which aims to eliminate the need for building massive amounts of spare parts for the space station by making a 3D printer that works in zero gravity, and Scanadu, which aims to bring the diagnostic tools of an emergency room to a tiny handheld device anyone can use.

The pickle slicer

Yossele Zelkovitz worked in a Polish pickle factory.

For many years he had a powerful desire to put his penis in the pickle slicer. Unable to stand it any longer, he sought professional help from the factory psychologist. After six months, the therapist gave up. He advised Yossel to go ahead and do it or he would probably never have any peace of mind.

The next day he came home from work very early. His wife, Sacha, became alarmed and wanted to know what had happened. Yossel tearfully confessed his tormenting desire to put his penis in the pickle slicer. He went on to explain that today he finally went ahead and did it, and he was immediately fired.

Sacha gasped and ran over to her husband. She quickly yanked down his pants and shorts only to find a normal, completely intact penis.

She looked up and said, “I don’t understand. What about the pickle slicer?”

Yossel replied, “I think she got fired, too.”