Posts tagged ‘media’

Climate "Disruption" and Publication Bias

Quite a while ago I wrote an article about climate publication bias called Summer of the Shark.




The point is that it is easy for people to mistake the frequency of publication about a certain phenomenon for the frequency of occurrence of the phenomenon itself.  Here is a good example I saw the other day:

An emaciated polar bear was spotted in a Russian industrial city this week, just the latest account of polar bears wandering far from their hunting grounds to look for food.

Officials in the Russian city of Norilsk warned residents about the bear Tuesday.  They added that it was the first spotted in the area in over 40 years.

I am willing to bet my entire bourbon collection that a) hungry polar bears occasionally invaded Siberian towns in previous decades and b) news of such polar bear activity from towns like Norilsk did NOT make the American news.  But readers (even the author of the article) are left to believe there is a trend here because they remember seeing similar stories recently but don't remember seeing such stories earlier in their life.

Facebook: Now You Know Their True Privacy Policy

From the Daily Dot:

A lawyer for Facebook argued in court Wednesday that the social media site’s users “have no expectation of privacy.”

According to Law360, Facebook attorney Orin Snyder made the comment while defending the company against a class-action lawsuit over the Cambridge Analytica scandal.

“There is no invasion of privacy at all, because there is no privacy,” Snyder said.

In an attempt to have the lawsuit thrown out, Snyder further claimed that Facebook was nothing more than a “digital town square” where users voluntarily give up their private information.

“You have to closely guard something to have a reasonable expectation of privacy,” Snyder added.

Zuckerberg really is one of the most dangerous people on the planet.  He has taken well-founded criticism against his company, its failings, and its past misrepresentations and somehow morphed that into a campaign to gain totalitarian government regulation of online speech.  Incredible.

Kudos to Kim Kardashian

I have spent pretty much zero minutes paying attention to the Kardashian women (I think I saw them more in the "People vs. OJ Simpson" than I have in all other media combined).  But I have great respect for how Kim Kardashian is spending her celebrity credit.  She seems to be doing real work that helps real people on an important issue, and one that does not give her the immediate virtue signalling credit as, say, making uniformed statements about the climate might.


CNN has learned that the E! star has been quietly working behind the scenes over the past three months to help commute the life sentences of 17 first-time nonviolent drug offenders.

Brittany K. Barnett, Kardashian West's personal attorney and co-founder of the Buried Alive Project, and MiAngel Cody, lead counsel of the The Decarceration Collective, told CNN that Kardashian West has been instrumental in the release of these inmates.

"Kim has been funding this project and (has been) a very important supporter of our 90 Days of Freedom campaign as part of the First Step Act, which President Trump signed into law last year," Cody said. "We've been going around the country in courtrooms and asking judges to release these inmates."

Barnett added that without Kardashian West footing the bill, this would not have been possible. "(Kim) has provided financial support to cover legal fees so that we can travel the country. Our relationships with our clients don't end when they are freed. (Kim) is truly dedicated to the issue. I work personally with her, we are really grateful."

But she's not just paying legal fees.


The New Totalitarianism: Will It Escape Campuses Into the Broader World?

In an authoritarian regime, those in power demand obedience but not necessarily agreement from their subjects.  Even if many of their subjects might oppose the regime, the rulers are largely content as long as everyone obeys, no matter how grudgingly.

Totalitarians are different.  They demand not only obedience but lockstep belief.  In some sense they combine authoritarian government with a sort of secular church where attendance every Sunday is required and no heresy of any sort is permitted.  Everything is political and there is no space where the regime does not watch and listen.   Even the smallest private dissent from the ruling orthodoxy is not permitted.  Terror from the state keeps everyone in line.

I have tried out a lot of words in my head that are less inflammatory than "totalitarian" to describe the more radical social justice elements on modern college campuses, but I can't find a word that is a better fit.  The attempts to drive out dissenting voices through modern forms of social-media-fueled mob terror are both scary and extremely disheartening.

I was thinking about all this in reading an article about Camille Paglia and the students and faculty of her own university who are trying to get her thrown out.  I find Paglia to be consistently fascinating, for the very reason that the way her mind works, the topics she chooses to focus on, and sometimes the conclusions she draws are very different from my own experience.  The best way to describe her, I think, is that we have traditional axes of thought and she is somewhere off-axis.

Anyway, after horrifying Conservatives for many decades, Paglia has over the last few years run afoul of the totalitarian Left.  One example: (emphasis added)

Camille Paglia, the controversial literary and social critic who identifies both as queer and trans, is drawing fire yet again. Students at her own institution, the University of the Arts (UArts) in Philadelphia, are calling for her to be fired. An online petition, currently with over 1,300 signatures, reads in part:

Camille Paglia should be removed from UArts faculty and replaced by a queer person of color. If, due to tenure, it is absolutely illegal to remove her, then the University must at least offer alternate sections of the classes she teaches, instead taught by professors who respect transgender students and survivors of sexual assault.

Another demand in the petition is that, if she can't be canned, the university will stop selling Paglia's books on campus and permanently disallow her from speaking on campus outside of her own classes. Although it's mostly non-faculty speakers who get deplatformed, Paglia is merely the latest target being attacked by students from her own institution. Students at Sarah Lawrence, for instance, are calling for political scientist Samuel Abrams to be fired for writing an op-ed in The New York Times calling for ideological diversity among administrators.

Paglia's critics claim that, despite her own alternative sexual identity, she is so hostile and bigoted towards trans people that her mere presence on campus constitutes an insult or threat. There's no question that she has been dismissive of some claims made by trans people and, even more so, dismissive of students who claim that being subjected to speech with which they disagree is a form of trauma.

What I got to thinking about is this:  How far away are we from "her mere presence on campus" constituting a threat to being threatened by "her mere presence in the same country?"  I fear it may not be very long.

Postscripts:  I wanted to add a couple of postscripts to this story

  1. I find that the "mere presence is a threat" argument being deployed by LGBT activists is extremely ironic.  In the camping business I run we have always had a disproportionate number of gay couples managing individual campgrounds.   Fifteen years ago I remember twice getting push back from people in the surrounding community (both times in southern, more traditionally religious areas) that the very presence of gay men around young children constituted a threat.  I thought this argument was complete nonsense and basically told the protesters to pound sand.  But it is ironic for me to now hear LGBT activists deploying the "mere presences is a threat" argument that has been used against them so often in history
  2. We have clearly dumbed down what constitutes a threat when speech is equated with violence.  But have we also dumbed down the concept of terror?  People -- particularly university administrators but you see it all over -- constantly fold under the pressure of negative comments on twitter.  This sure seems a long way from the SS showing up at your door at 4AM, but amazingly social media terror seems to be nearly as effective an instrument of control.  Years ago my dad ran a major oil company and he did it with a real sense of mission, that they were doing great things to keep the world running.  But he endured endless bombing threats, kidnapping threats, existential threats from Congress, screaming protests at his doorstep, etc.  After being personally listed on the Unibomber's target list, I wonder what he would think about the "threat" of social media mobbing.

Why Global Warming Does Not Necessarily Translate to Daily High Temperature Records

Most folks assume that global warming results in record high daily temperatures, but this is not necessarily the case.  When your local news station blames a high temperature record on global warming, they may be wrong for two reasons.

  1.  Most of the temperature stations used by your local news channels for weather are full of urban heat island biases.  This is particularly true of the airport temperature that many local news stations use as their official reading (though to be fair UHI has much more effect on evening temperatures than temperatures at the daily high).
  2.  Most global warming, at least in the US where we have some of the best records, does not occur during the day -- it occurs at night

The latter point is surprising to most folks, but as a result we are not seeing an unusual number of daily high temperature records set (many were set in the 1930s and still stand).  What we are seeing instead is a large number of record high low temperature readings.  This is confusing, but basically it means that the lowest temperature that is reached at nighttime is higher than it has been in the past.  The chart below is a bit dated but still holds:

When I give presentations I try to use examples from local data.  Here is the comparison of night time warming vs. day time warming in Amherst, MA.

I bring this all up again because Dr. Roy Spencer has done a similar analysis for the US from the relatively new AIRS database (a satellite-based data set that avoids some of the problems of land thermometer data sets like urban heat island biases and geographic coverage gaps).  He shows this same finding, that over 80% of the warming we have seen recently in the US is at night.

This is a bit over-complicated because it is looking at temperatures through different heights of the atmosphere when most of you only care about the surface.  But you can just look at the 0 height line to see the surface warming trend.  Note that in general the data is pretty consistent with the UAH lower-troposphere temperature (satellite) and the NOAA metric (ground thermometers).

No particular point except to highlight something that is poorly understood by most folks because the media never talks about it.


Facebook Seeks To Leverage Its Own Failings to Get Congress to Cement Facebook's Monopoly Position

It is something you see all the time -- large companies asking to be regulated, at first glance against self-interest.  Those most interested in expansion of the government and the regulatory state will shout, "See!  Even large evil companies know they need to be subject to government oversight."

But in fact what is usually going on is that the large company knows that regulation will actually cement its position in the industry, making it harder for rivals and new entrants to compete.   Toy-maker Mattel turned a lead scandal of their own making into a coup by creating a regulatory framework that pounded its competitors.  Walmart and Costco often support minimum wage in retail legislation because they know that with their higher sales per employee, they can survive higher minimum wages than their smaller ma and pa competitors.

Mark Zuckerberg, who I am increasingly convinced is the most dangerous man in America, and his testimony to Congress begging for regulation, should be seen in this context.

So in Facebook’s case, they will advocate some institutionalized changes in the way social media should work. Every change will involve compliance costs. Facebook will make sure that it can comply...and that its competitors cannot without great expense. That will give them a distinct advantage in the marketplace, make it more difficult for startups to compete, and guarantee this platform a leading place by law.

This is why Mark readily agreed to be regulated. Regulations always work to the advantage of the largest market players....

Nor should this come as some sort of shock. This is the way government regulations have always worked, from the meatpackers in the early 20th century (who crafted and enforced meatpacking legislation), to all labor legislation (it’s labor-union lawyers who exercise the dominant influence) to Bitcoin regulations (the major exchanges are always involved) to digital technology today (no way are Google and Facebook going to be excluded from writing the regulations that govern their industries).

There is a civics-text myth that imagines government workers and politicians as all-knowing, crafting rules that benefit everyone as opposed to particular players. It imagines that major market players are suffering as government forces new rules that require their operations put greed on hold and serve the public. The on-the-ground reality is otherwise. There is not a single regulation on the books that does not have an author who is unattached in some way to the regulated industry in question.

Milton Friedman called this regulatory capture. The problem is the influence of industry is there from the beginning. It’s absolutely not the case that capitalists are champions of capitalist competition, as the career and policies of Donald Trump should make clear. Lots of people are good at using markets to make money; only very special people become defenders of open competitive processes.

Right now, Facebook faces massive competition from other platforms in social media, copycats, and alternative uses of people’s time. In some ways, it’s the best possible moment to call on government to institutionalize Facebook as a form of public utility. That might actually be the end game that Zuckerberg has in mind. Then the politicians can update their timeline status: today we passed regulations that brought this wayward company to heel.

Zuckerberg said from the very beginning that he was dismissive of individual privacy and he has created the Facebook honeytrap to kill it.  He now is setting his sights on free speech, begging the government to tear up the First Amendment.  He is a one-man individual rights wrecking crew.

Update:  I am actually going to include this from the Reason article about Mattel, because the situation is so similar -- a failing at a large company is used to create a regulatory framework that greatly aids the large company against rivals

Remember the sloppily written "for the children" toy testing law that went into effect last year? The Consumer Product Safety Improvement Act (CPSIA) requires third-party testing of nearly every object intended for a child's use, and was passed in response to several toy recalls in 2007 for lead and other chemicals. Six of those recalls were on toys made by Mattel, or its subsidiary Fisher Price.

Small toymakers were blindsided by the expensive requirement, which made no exception for small domestic companies working with materials that posed no threat. Makers of books, jewelry, and clothes for kids were also caught in the net. Enforcement of the law was delayed by a year—that grace period ended last week—and many particular exceptions have been carved out, but despite an outcry, there has been no wholesale re-evaluation of the law. Once might think that large toy manufacturers would have made common cause with the little guys begging for mercy. After all, Mattel also stood to gain if the law was repealed, right?

Turns out, when Mattel got lemons, it decided to make lead-tainted lemonade (leadonade?). As luck would have it, Mattel already operates several of its own toy testing labs, including those in Mexico, China, Malaysia, Indonesia and California.

So while most small toymakers had no idea this law was coming down the pike until it was too late, Mattel spent $1 million lobbying for a little provision to be included in the CPSIA permitting companies to test their own toys in "firewalled" labs that have won Consumer Product Safety Commission approval.

The million bucks was well spent, as Mattel gained approval late last week to test its own toys in the sites listed above—just as the window for delayed enforcement closed.


A Quick Note: Trafficking and Prostitution are Not the Same Thing









Via USA Today:


The project's cost has ballooned to $77 billion.








Where's Coyote?

I know I have not been blogging serious topics much of late.  In part this is due to just being busy -- holidays, end of year accounting closeouts for the business, and some geeky projects (a few raspberry pi things I will share soon).  In part this is due to the fact that whenever I engage with social media too long I become a worse person and back away again.   In part this is because my daughter said I needed to lighten up on my blog for a while.  And in part this is to my not wanting my obsessive fascination with the trainwreck that is Tesla to dominate my blogging (though there are a couple of updates coming).

As I close in on my 15th(!) year on this blog, this sort of ebb and flow happens from time to time.  I will be back in force soon.

The Proposed Emergency Decree to Build The Wall is An Awful Precedent

Dear Republicans:















Knowledge and Certainty "Laundering" Via Computer Models


















I wrote in response:










I know we see a lot of this in climate:












Coyote Makes Tentative Steps Onto Instagram






Hat tip to Kevin Drum for finding this:








Should Republicans Thank Michael Avenatti For Kavenaugh's Confirmation?

Ten days ago, I told my wife that if Brett Kavanaugh is confirmed, he can probably thank Michael Avenatti and his client.  Julie Swetnick's accusations of mass gang rapes held week after week after week were so batsh*t crazy -- and completely unconfirmed by any witnesses when the behavior she described was so public and affected so many people that confirmation should have been easy -- that the Democrats' argument that women never lie and always should be believed was shown to be false to all reasonable observers.  It became too easy for Republicans to convince themselves that all of the women accusing Kavanaugh, not just Swetnick and the other last-minute copycats, were a put-up job by Democrats (a conclusion that was more easy to reach given DiFi's hamfisted attempt to be "tricky" and withhold the Ford accusations to the last minute).  In a well-reasoned world, the veracity of the Swetnick accusations should have had no bearing on the evaluation of Ford's believably, but in the real world of politics it had a huge effect.

I honestly believe that an earlier reveal of the Ford accusations early in the process, without all the nutty copycat allegations, could easily have resulted in Kavanaugh being withdrawn. First, it would have allowed Republicans and Kavanaugh himself to escape early in the process before so many chips were on the table.  Further, if we take Collins's speech at face value, her yes vote really resulted from the Swetnick accusations and I think she might easily have voted the other way with a different process.

A lot of people have come around to this point of view.  One is Robby Soave of Reason:

Democrats, the left, and various other anti-Kavanaugh persons can thank attorney Michael Avenatti for this outcome, at least in part.

The spotlight-stealing lawyer, who also represented Stormy Daniels, is responsible for drawing the media's attention to Julie Swetnick, an alleged victim of Kavanaugh who told an inconsistent and unpersuasive story. Swetnick's wild accusation provided cover for fence-sitting senators to overlook the more plausible allegation leveled by psychology professor Christine Blasey Ford, and to declare that Kavanaugh was being subjected to false smears.

Update:  Michael Avenatti has responded to such criticism on Twitter by saying, essentially, "what was I supposed to do, just ignore the needs of my client?"  No.  What he should have done is honestly thought about the needs of his client rather than just his need for self-promotion ahead of the Democratic primaries.  It is very much a part of a lawyer's job to confirm his client's story and evaluate whether he thinks they have a good case, and then to counsel them on whether or not it makes sense for them given the cost in dollars and public harassment to try to bring the case.  I have had a batsh*t crazy woman who was an ex-employee (who I have never met face to face) decide that I was doing all sorts of crazy things like running an Al Quaeda training camp, organizing a narcotics ring, and stalking her across every Indian casino in the state.  The poor woman has mental health issues and imagines all kinds of weird stuff, and I can be sympathetic now that she is no longer actively threatening me and I don't have to maintain protective orders against her.  At the time she took her crazed stories to any number of lawyers trying to mount a case against me on all kinds of odd bases, and you know what - no lawyer took the case, because pursuing this sort of madness in the legal system would not have done anyone, especially this woman, any good at all.

Never, Ever Trust A Science Story in Major Media like NBC

Most journalists become journalism majors because they had vowed after high school never, ever to take a math or science class again.  At Princeton we had distribution requirements and you should have seen the squealing from English and History majors at having to take one science course (I don't remember ever hearing the reverse from engineering majors).

It should not surprise you, then, that most media is awful at science journalism.  I held off making a comment on this for 3 days figuring it was a typo and they would quickly fix it, but apparently not.  This fits in well with my thesis that the art of sanity-checking numbers has been lost (I added the bold):

The space elevator is the Holy Grail of space exploration,” says Michio Kaku, a professor of physics at City College of New York and a noted futurist. “Imagine pushing the ‘up’ button of an elevator and taking a ride into the heavens. It could open up space to the average person.”

Kaku isn’t exaggerating. A space elevator would be the single largest engineering project ever undertaken and could cost close to $10 billion to build. But it could reduce the cost of putting things into orbit from roughly $3,500 per pound today to as little as $25 per pound, says Peter Swan, president of International Space Elevator Consortium (ISEC), based in Santa Ana, California.

LOL.  The planning for such a structure would cost more than $10 billion.  There is no way that a space elevator can be built for just 1/10 the price of a high speed rail line from LA to San Francisco.  Even at $10 trillion dollars, or 3 orders of magnitude more, I would nod my head and think that was a pretty inexpensive price.

The One Thing I am Sure About In the Whole Kavanaugh Brouhaha -- That My Policy of Not Meeting With Young Women Alone Is Absolutely Justified

18 months ago, I got a lot of cr*p for this post, including from my wife:

I never meet with young women one-on-one any more. If I am interviewing a young woman for college, we meet in the Starbucks rather than my office. I try to meet with sales people via the web rather than face-to-face, but if a young female sales person does show up at my door and I really must meet with them, we do it downstairs in the lobby and not in my office.

I do not know if Kavanaugh is guilty or innocent at this point of a range of alleged actions that range from boorish behavior to attempted sexual assault. Like most folks I await their testimony tomorrow, but perhaps unlike most folks I have a lot of experience trying to adjudicate he-said-she-said conflicts (in the workplace and with customers) and I am reconciled to the fact that we may never be certain of the truth.

What I do know is that having many prominent people in the media and in the highest levels of government claim that a woman's accusation, without any other due process, is enough to convict a man and destroy his career and reputation just proves to me that my policy is absolutely justified.  Because even if Kavanaugh's accusers are absolutely correct and honest, the next one's may not be, especially if we establish a rewards system for public accusations of this sort.

My wife tells me I am being incredibly unfair -- how can young women ever advance and get mentored if every male business executive (and males still dominate the c-suite) takes this attitude?  Well, let me give an analogy.  Let's assume that in reaction to years of abuse, young female actresses made a pact or formed a union. In doing so they agree to never meet with a male director or producer alone.  Many directors and producers could reasonably complain that they weren't threats, and this action unfairly punishes them by making their jobs harder.  The women would reasonably retort, "perhaps, but as long as the rules are such that if we get assaulted in that room then we have absolutely no recourse for justice -- under these rules we aren't going in to the room.  Sure, it may only be a small percentage are predators, but we can't know who is who until after the damage is done."

Would anyone think this was unfair?  Perhaps they might be accused of overreacting -- and I am willing to accept that maybe I am over-reacting as well.  But I worked 3 years in a refinery, wearing a hard hat and eye protection every minute of that time, and I don't remember anything ever hitting my head or my glasses.  But that does not make these things irrational precautions.



It starts with this tweet:















I Agree With the NY Post: It’s shameful what US Open did to Naomi Osaka

Via the New York Post".  This is just disgusting:

Naomi Osaka, 20 years old, just became the first player from Japan to win a Grand Slam.

Yet rather than cheer Osaka, the crowd, the commentators and US Open officials all expressed shock and grief that Serena Williams lost.

Osaka spent what should have been her victory lap in tears. It had been her childhood dream to make it to the US Open and possibly play against Williams, her idol, in the final.

It’s hard to recall a more unsportsmanlike event.

Here was a young girl who pulled off one of the greatest upsets ever, who fought for every point she earned, ashamed.

At the awards ceremony, Osaka covered her face with her black visor and cried. The crowd booed her. Katrina Adams, chairman and president of the USTA, opened the awards ceremony by denigrating the winner and lionizing Williams — whose ego, if anything, needs piercing.

“Perhaps it’s not the finish we were looking for today,” Adams said, “but Serena, you are a champion of all champions.” Addressing the crowd, Adams added, “This mama is a role model and respected by all.”

Incredibly, much of the media and powerful celebrities have rallied around Ms. Williams to claim that she is actually the victim. She claims she was a victim of sexism in the match, but she was playing (and getting beat) by another woman.  She claims she was a victim of racism in the match because she is a woman of color, but she was not playing a white woman.  She claims to be a victim of the tennis establishment when in fact she is the most powerful person in women's tennis (maybe ever) and wields far more wealth and power than anyone on that court that day -- a power and privilege demonstrated by the fact that all the other powerful and privileged rallied to her side immediately after the match.

A New Series: Trans-partisan Policy Plans

For a while I have been thinking about a jumble of interrelated issues:  problems with civil discourse, particularly the tribalization of politics and social media;  a personal aspiration to be better at Caplan's ideological Turing test on a number of issues; and a skepticism that pleas for civility are really going to achieve more than just becoming another form of virtue signalling.

So what I have decided to start a new series with a number of policy proposals that are as broad in their appeal as I can make them.  And in saying this I am not just going to present libertarian plans and call them non-partisan --  I bring libertarian-ish leanings to these proposals, but I will also diverge from the hard core libertarian position on each.  I use trans-pipartisan" as a shortcut term to say they are meant to simultaneously play on all of Arnold Kling's three axes of politics.

As a warning, I am not a policy expert and a large reason I present these is to develop and clarify my own thinking.  Some will be well-developed -- the  climate plan is in its 3rd or 4th iteration -- and some like the education plan is just a jumble of thoughts in my brain right now.
















Fixing Tesla

I promised I would not post any more Tesla for a while, and to some extent I am keeping that promise -- no updates here on the SEC investigation or the 420 tweet.  But since I have been critical of Tesla in the past, I thought I would acknowledge that there are good things in Tesla that could and should be saved.  The problem is that Tesla is saddled with a bunch of problems that are NOT going to be solved by going private.  In fact, going private could only make things worse -- given that Tesla already has too much debt and its debt is rated barely above junk bonds, piling on more debt just to save Elon Musk from short sellers is not a good plan.  Here is what I would suggest:

  1. Find the right role for Elon Musk.  Musk HAS to be part of the company, without him its stock would go to about zero tomorrow.  But right now he is CEO, effective head of media relations, factory manager, and chief engineer.  Get him out of day to day management (and off Twitter) and hire real operating people who know what they are doing
  2. Get rid of the dealerships.  Tesla tried to do something different, which is own all the dealerships rather than franchise them out.  This is fine if one has some sort of vision for doing sales and service differently, but Tesla really doesn't.  It does the same things as other car dealerships but just slower since it has not been able to build out capacity fast enough.  And this decision has cost them a tons of growth capital they desperately need, because they have had to build out dealerships most car companies get for "free" because the capital for the dealerships is provided by third-party entrepreneurs.  Also, the third-party entrepreneurs bring other things to the table, for example many of them tend to have experience in the car sales business and a high profile in their local markets with government and media.
  3. If possible, find a partner for the charging network.  All traditional car companies get their fueling networks for free because the network is already built out by the oil companies.  Tesla is building its own, and again this is sucking up a lot of capital.  It is also dangerous, because Tesla has chosen to pursue a charging standard that may not become the industry standard (this is already happening in Europe) and Tesla risks being stuck with the betamax network.  Tesla should see if it can shift this to a third party, perhaps even in joint venture with other EV companies.
  4. Do an equity raise.  To my mind, it is absolute madness Tesla did not do this earlier in the year.   Their stock was trading at $350 and at a $50+ billion valuation at the same time they were burning cash cash at a rate of $3 billion or so a year.  Musk says he can skate through without more capital but he has said this before and it was not true.  Given the enthusiasm for his stock, there is just no reason to run cash poor when there are millions of Tesla fanboys just waiting to throw money at the company.  Even a $5 billion raise would have been only 10% dilution.  Musk says he wants to burn the shorts but ask any Tesla short out there what they would most fear, and I think they would all say an equity capital raise.  $3-5 billion would get Tesla at least through 2019 no matter how bad the cash burn remained and give the company space to solve its operational problems.
  5. Get someone who knows how to build cars building the cars.  I have written about this before -- it is always hard when you are trying to be a disruptor of an industry to decide what to disrupt and what industry knowledge to incorporate.  In retrospect, Musk's plan to ignore how cars are built and do it a different way is not working.  Not only are the cost issues and throughput issues, but there are growing reports of real quality issues in model 3's.  This has to be fixed ASAP.
  6. Bring some sanity to the long-term product roadmap.  This may be a bit cynical, but Tesla seems to introduce a new product every time Musk needs to divert the public's attention, his equivalent of yelling "Squirrel!"  There is the semi, a pickup truck, a roadster and probably something else I have forgotten about.  Even the model 3 lineup is confusing, with no one really knowing what Tesla is going to focus on, and whether the promised $35,000 model 3 will ever actually be built.  This confusion doesn't work well with investors at all, but Tesla has been able to make it work with customers, increasing the buzz around the company because no one ever seems to know what it will do next.  But once real competitors start coming out from GM, Volvo, Jaguar, BMW and others, this is not going to work.  Customers that are currently captive to Tesla will have other options.    Let's start with the semi.  The demo was a beautiful product, but frankly there is no way Tesla is going to have the time or the money to actually produce this thing.   Someone like Volvo is going to beat them to the punch.   They need to find a JV partner who can actually build it.

Update:  If I had a #7, it would be: Invent a time machine and go back and undo the corrupt SolarCity buyout, in which Tesla bailed out Musk's friends and family and promptly proceeded to essentially shut down the company.  Tesla shareholders got nothing from the purchase except a lot of debt.


Here is a Fun Challenge: Be Skeptical of Statistics Even When They Support Your Point of View

I sometimes wonder if the media and the punditocracy have any ability any more to reality-check statistics.  Two examples:


Trump supporters were running around in circles patting themselves on the back with this story:

African American business owners are on the rise. According to the Minority 2018 Small Business Trends survey, the number of black-owned small businesses in the U.S. increased by a staggering 400% in a year-over-year time period from 2017 to 2018.

I call bullsh*t on this.  There is no WAY that the number of black-owned businesses increase by a factor of 5** in just one year.  There are millions of black-owned small businesses in this country and there is no way this quintupled** in a year.   It does not pass any kind of smell test.   It is clearly some sort of measurement error, either a small sample size for a survey or a change in data source and definitions from one year to another.  I could go investigate the study and try to figure out the cause but I do not even need to bother because economic and demographic data simply do not change at this pace in one year.


The other example I have is this absurd figure:

A recent survey conducted by OVW and the Bureau of Justice Statistics found that an average of one in four undergraduate females experience sexual assault by the time they finish college.

Here is the deal with this stat:  no one actually really believes it.  Why do I say this with confidence?  Because parents still send their daughters to college -- in fact they fight and scrap and invest huge amounts of time and money to send their daughter to college.  If they really believed their little darling had a 1 in 4 chance of being sexually assaulted, they would never do so.

Here is a point of comparison:  The Japanese brutal occupation of Nanjing, China is commonly known as the "Rape of Nanjing."  It is called this in part because so many local women were raped.  The numbers are fought over by historians, but the best estimate is that 20,000 of the approximately 100,000 women who were in Nanjing at the time were raped by Japanese soldiers, or about one in five.  This means that if the one in four number is correct, then colleges are more dangerous for women than being in Nanjing during the Japanese occupation.  Now, I would venture to guess that if I tried to stuff you daughter into a time machine and send her back to Nanjing on December 13, 1937 you would probably fight me to the death to prevent it.  But parents don't act anything like this vis a vis going to college, ergo no one believes this figure.  So why does everyone keep using it like it is accurate?

** I had put quadrupled but my son just called and reminded me that a 400% increase means quintupled.  Thanks, Nic.  Though I will say there is a good chance the source incorrectly used 400% to mean quadrupled, so I can't rule that out either.

CNN, Buzzfeed, NYT, WaPo, AP, NBC, And Politico Attempting to Doxx Manafort Jurors

Just one day after their coordinated virtue signaling about their important role in maintaining a civil society**, a coalition of media companies have filed a motion (pdf) seeking the names and addresses of the jurors in the Manafort trial.  I am a huge supporter of sunlight and disclosure in  government, and perhaps there is a precedent for this, but it seems like a terrible idea.  I have served on two criminal juries in my lifetime and I can guarantee you I would have resisted participation had I known that my name and home address would be released to the public in association with the trial verdict.

CNN in particular has some history in misusing doxxing.  A year or so ago they threatened a Reddit user with doxxing if he didn't stop posting a meme critical of CNN.  Given that probably 95% of the employees of this media coalition probably want to see Manafort convicted, there is real reason for concern how this information might be used.

In FOIA rules, the decisions to release a particular piece of information to one petitioner is a decision to release it to everyone,  I am not sure if similar rules would apply here.  Kind of hoping that Ken White at Popehat chimes in on this.


** A conclusion I am sympathetic to, though I think the media undercuts their argument a bit by acting as thin-skinned and as childish at times as President Trump does.

Update:  Judge denies motion.  Good.







