Tuesday, January 15, 2013

Oddly Relevant Jan-15-2013


Can a fiscal and monetary splurge reboot Japan’s recessionary economy? ¥200 trillion of public works over the next 10 years, little talks on how to pay for it. Again, it comes down to how well it’s spent. Urgent needs on deregulating the economy, opening the country to international competition through free-trade deals, and structural reforms still persist. [Note: Adam Posen thinks it’s a bad idea, and I think the problem is largely judicial, social, and political rather than economic]…Source 1: http://www.economist.com/news/finance-and-economics/21569435-can-fiscal-and-monetary-splurge-reboot-japans-recessionary-economy-keynes


How America’s drinking habits changed since 2001: Juice and softdrinks -15%, beer -10%, coffee flat (shocking), wine and spirits +20% (especially bourbon & whiskey), and bottled water +55%. Conjecture is thanks to an aging and more health-conscious population. [Note: Coke and cheap beer still killing it in emerging countries]…Source: http://www.theatlantic.com/business/print/2013/01/how-america-drinks-water-and-wine-soar-cheap-beer-and-soda-crash/267153/

Briefing Facebook’s graph search: You search “Japanese restaurants liked by my friends from India” or “show me pictures of my friends and me visiting California in 2010”, Facebook tries to return the results. 2 parts to the search, both built in-house. 1st part is the question of the user, parsed by natural language processing. 2nd part is the one that brings back the answers. [Note: audacious and down-right spectacular]…Source: http://www.wired.com/business/2013/01/the-inside-story-of-graph-search-facebooks-weapon-to-challenge-google/all/


An opportunity in health-related web start-ups: 8 in 10 Internet users say that their last health-related search began at a search engine. 1/3 of U.S. adults, have gone online to figure out a medical condition, 50% went on to see a professional. 70% of U.S. adults said that the last time they had a serious health issue they got information, care or support from a doctor or health professional. 25% people seeking health information have hit a paywall. [Note: Seriously lucrative business. Who can seize this opportunity?]…Source: http://gigaom.com/2013/01/14/one-decade-later-80-percent-of-web-users-looking-for-health-info-still-start-with-a-search-engine/

Top risks in 2013: Per World Economic Forum and Eurasia Group in no particular order: (1) chronic labor-market imbalances, (2) the unforeseen consequences of climate-change mitigation, (3) rising inequality and the fragility of the global economic system, (4) digital wildfires and dis/misinformation-induced havoc, (5) Loss of antibiotics potency, (6) Russia’s stalling energy industry and ailing kleptocracy. [Note: In danger lie opportunities]…Source: http://www.economist.com/news/business/21569361-which-risks-loom-largest-businesses-2013-world-trouble

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