Tuesday, September 22, 2020
I spent nearly two decades building and operating in production the LOCKSS system, a small-ish system that was intended, but never quite managed, to be completely decentralized. I agree with Marlinspike's conclusion, and have been writing with this attitude at least 2014's Economies Of Scale In Peer-to-Peer Networks. It is always comforting to find someone coming to the same conclusion via a completely different route, as with scalability expert Todd Hoff in 2018 and now Moxie Marlinspike based on his experience building the Signal encrypted messaging system. Below the fold I contrast his reasons for skepticism with mine.
Thursday, September 17, 2020
One difficulty was that although academic journals contained some of the Web content that was most important to preserve for the future, the Internet Archive could not access them because they were paywalled. Two years later, Vicky Reich and I started the LOCKSS (Lots Of Copies Keep Stuff Safe) program to address this problem. In 2000's Permanent Web Publishing we wrote:
Librarians have a well-founded confidence in their ability to provide their readers with access to material published on paper, even if it is centuries old. Preservation is a by-product of the need to scatter copies around to provide access. Librarians have an equally well-founded skepticism about their ability to do the same for material published in electronic form. Preservation is totally at the whim of the publisher.Now, Jeffrey Brainard's Dozens of scientific journals have vanished from the internet, and no one preserved them and Diana Kwon's More than 100 scientific journals have disappeared from the Internet draw attention to this long-standing problem. Below the fold I discuss the paper behind the Science and Nature articles.
A subscription to a paper journal provides the library with an archival copy of the content. Subscribing to a Web journal rents access to the publisher's copy. The publisher may promise "perpetual access", but there is no business model to support the promise. Recent events have demonstrated that major journals may vanish from the Web at a few months notice.
This poses a problem for librarians, who subscribe to these journals in order to provide both current and future readers with access to the material. Current readers need the Web editions. Future readers need paper; there is no other way to be sure the material will survive.
Thursday, September 10, 2020
He shows how Amazon's strategy is not to generate and distribute profits, but to re-invest their cash flow into staring and developing businesses. Starting each business absorbs cash, but as they develop they turn around and start generating cash that can be used to start the next one.He is now back with a similarly insightful analysis entitled Amazon's profits, AWS and advertising, which starts:
People argue about Amazon a lot, and one of the most common and long-running arguments is about profits. The sales keep going up, and it takes a larger and larger share of US retail every year (7-8% in 2019), but it never seems to make any money. What’s going on?Below the fold, some details of Evans' explanation.
Tuesday, September 8, 2020
Tuesday, September 1, 2020
I've mentioned before that my father spent his whole career, apart from WW2 as an RNVR watch officer on convoy escorts, at Harrods, the iconic London department store. He even published a textbook on retail distribution. So I can't resist a shout-out to the amazing work of Eric Hutton and the volunteers of Project Gutenberg who, over the last 13 years, have scanned, OCR-ed and proof-read the entire Harrods catalog from 1912. Below the fold, the details.
Thursday, August 27, 2020
Now, Yves Smith's Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power covers three developments in the emerging anti-monopoly consensus:
- Apple and Google ganging up on Epic Games.
- Lina M. Khan's ex-boss Barry Lynn's The Big Tech Extortion Racket: How Google, Amazon, and Facebook control our lives.
- Market Power, Inequality, and Financial Instability by Fed economists Isabel Cairó and Jae Sim
they developed a model to simulate the impact of companies’ rising market power, in conjunction with the assumption that the owners of capital liked to hold financial assets (here, bonds) as a sign of social status. They wanted to see it it would explain six developments over the last forty years. ... And it did!Follow me below the fold for the details.
Thursday, August 20, 2020
Surprisingly, I'm getting good data from CD-Rs more than 14 years old, and from DVD-Rs nearly 12 years old. Your mileage may vary.A year ago I repeated the mind-numbing process of feeding 45 disks through the reader and verifying their checksums. It is time again for this annual chore, and once again this year I failed to find any errors. Below the fold, the details.