02 August 2020

Welcome back to the Week That Was series where I highlight a few things from the interwebs which I thought were interesting, noteworthy and probably worth your time.

Articles๐Ÿ“, Tweet(s)๐Ÿ“ฑ, Videos๐ŸŽฅ, Charts ๐Ÿ“ˆ all fair game with or without attendant commentary.


๐ŸŒท๐Ÿ“ˆ๐Ÿ“‰ Withering Blooms

Tulip Bubble


To paraphrase a commenter on this Smithsonian article on the Dutch tulip bubble’s historicity:

“In this 2007 paper โ€œThe tulipmania: Fact or artifact?โ€, Earl Thompson demonstrated that the tulip bubble appeared to be the effect of legislation which forcefully transformed tulip futures contracts into options contracts. Thereby enabling risk-free speculation, after which contract prices went through the roof, and the government had to step in to halt trading in an attempt to undo the effects of its own wrongdoing.”


๐Ÿฆพ๐Ÿค– Changing Fortunes

Tech MarketCap



๐Ÿ‚๐ŸฅŠ๐Ÿง  Beef-Only Thinking

๐Ÿ“น Eclectic and probably NSFW youtuber exurb1a tends to put out videos which are somehow both bleak and triumphant. This one - where he looks at our incessant propensity to argument - has a rousing crescendo which is no different. (16:30)


The video’s subject matter reminded me of some lines from a ๐Ÿ“Venkatesh Rao longread article called The Internet of Beefs which featured in the very first article here:

Youโ€™ve heard me talk about crash-only programming, right? Itโ€™s a programming paradigm for critical infrastructure systems, where there is โ€” by design โ€” no graceful way to shut down. A program can only crash and try to recover from a crashed state, which might well be impossible. I came up with a term for the human version: beef-only thinking.

The Internet of Beefs, or IoB, is everywhere, on all platforms, all the time. Meatspace is just a source of matรฉriel to be deployed online, possibly after some tasteful editing, decontextualization, and now AI-assisted manipulation.

If you participate in online public life, you cannot entirely avoid the Internet of Beefs. It is too big, too ubiquitous, and too widely distributed and connected across platforms. To continue operating in public spaces without being drawn into the conflict, you have to build an arsenal of passive-aggressive behaviors like subtweeting, ghosting, blocking, and muting โ€” all while ignoring beef-only thinkers calling you out furiously as dishonorable and cowardly, and trying to bait you into active aggression.

Your only other option is to retreat to a shadowy network of private spaces defended by blocks, restricted feeds, secret-group gatekeeping boundaries, and subscribers-only paywalls. A sort of underground Internet that Iโ€™ve previously called the CozyWeb.


Many of Venkat’s sentiments are shared in Scott Alexander’s (in)famous (in certain online circles) 2014 screed ๐Ÿ““I Can Tolerate Anything Except The Outgroup”.

Notable is the fact that one needn’t use the Way Back Machine in order to access the article anymore, after Scott reinstated a version of his site post his ๐Ÿ“NYT doxxing fiasco.


๐Ÿ”ญ๐Ÿ”ฎ๐Ÿ“ž Uncanny

Some prescient panels from 1923.

โ€œA good science fiction story should be able to predict not the automobile but the traffic jam.โ€ โ€• Frederik Pohl

Future Phones

Daily Mirror, England, January 23, 1923


๐Ÿ“ธ๐Ÿ“ˆ Kodak Moment

So this happened to Kodak’s share price this week…


The sudden jump in the Kodak share price coinciding with the announcement of a $765 million loan from the US federal government to pivot to producing drug ingredients used in generics.

Kodak Spike

Their previous peak in traded volume happened during the 20172018 crypto & blockchain ICO craze, which confirms Kodak’s current status as a Robinhood-ready meme stock.

And yet some, shall we say, interesting trading behaviour occured even before the loan announcement.

Kodak Price Action Credit.

Apparently the pre market-open trades can be attributed to the accidental publishing of the announcement by several local news purveyors (who hastily removed the posts after some strong urging from Kodak). This apparently happening too late with a number of wiley traders taking long positions in anticipation (potentially 10X-ing their money in the process).

Other recipients of apparent “good fortune” would be Kodak’s CEO and other executives who reportedly got stock options the day before the news.


๐Ÿฆ ๐Ÿงผ๐Ÿ–๐Ÿ’ฆโš• Greenzone

As the pandemic leaves offices around the world empty, ๐Ÿ“Catherine Nixey asks what was the point of them anyway?

Deserted Offices


The irascible yet inimitable ๐ŸŽง Nassim Nicholas Taleb talks about the pandemic with EconTalk host Russ Roberts. Topics discussed include how to handle the rest of this pandemic and the next one; the power of the mask; geronticide, and soul in the game.


๐ŸŽจ As the lockdowns ebb & flow

Stay Home StayHome, Berat Pekmezci, Digital, 2020


๐ŸŽฌโœจ Transfiguration

“Transfiguration (2020) is a reworking of the Universal Everything studio classic from 2011, The Transfiguration. The Transfiguration was first shown at the studio’s first major solo exhibition Super-Computer Romantics at La Gaite Lyrique, Paris. Now completely remade using the latest procedural visual effects software, the updated artwork brings new life to the ever-evolving walking figure, with a new foley-based soundtrack by Simon Pyke.”




Per the below, I would have been in the land of the rising sun had not a plague thwarted yet another plan.

I’m a big fan of the nation and the culture, although I’ve only set foot there in person once. A homage to some of the nation’s art and art inspired by that nation.



Painted Silk Japanese (painted?) silk brought to USA in 1960โ€™s


Bijinga Ikenaga Yasunari - “Bijinga”


Black Cat Enoki Toshiyuki aka ๆฆŽไฟŠๅนธ aka Toshiyuki Enoki aka ๆฆŽๆœจๅˆฉ่กŒ (Japanese, b. 1961, Tokyo, Japan)

Japan Commute   Japan Commute 2 Evening commute in Tokyo - Part 1 | Part 2, Photography, 2020


Assassin Assassin, me, origami, 2020



๐Ÿ’ฌ๐Ÿธ๐ŸŒŠ Knowledge

“ไบ•ใฎไธญใฎ่›™ๅคงๆตทใ‚’็Ÿฅใ‚‰ใš” // I no naka no kawazu taikai wo shirazu // Literally: A frog in a well does not know the great sea. - Japanese Proverb


๐Ÿƒ๐Ÿ›ฅ๏ธ Oh…and one more thing


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Thanks for reading. Tune in next week. And please share with your network