Now, Sarah’s where she’s supposed to be. The star of her own show, Pando Daily. Which launches today. The name is from some tree ecosystem in Utah that has a root system that makes it one big organism. The point is that the trees and the roots are like Silicon Valley. Whatever.
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Uncrunched
I’ll admit to laughing, despite loving the Pando story.
Now, when I advise entrepreneurs, I try to help in any way I can. If I don’t believe something, I don’t hold back. It’s not easy. I actually would rather be supportive, but I know that the marketplace is not supportive. It’s unfeeling, never satisfied, and totally merciless. Better to get tough feedback now, rather than fail later.
Being young is supposed to mean you have the luxury of time. But in hard times, a few fallow years can become a lifetime drag on what you earn, sort of the opposite of compound interest. Because the average person grabs 70 percent of their total pay bumps during their first ten years in the workforce, according to a paper from the National Bureau of Economic Research, having stagnant or nonexistent wages during that period means you hit that springboard at a crawl. Economist Lisa Kahn explained to The Atlantic in 2010 that those who graduate into a recession are still earning an average of 10 percent less nearly two decades into their careers. In hard, paycheck-shrinking numbers, the salary lost over that stretch totals around $100,000. That works out to $490 or so less a month, money that could go, say, toward repaying student loans, which for the class of 2009 average $24,000. Those student loans (the responsible borrowing option!) have reportedly passed credit cards as the nation’s largest source of debt. This is not just a rotten moment to be young. It’s a putrid, stinking, several-months-old-stringy-goat-meat moment to be young.
Why the Current Crop of Twentysomethings Are Going to Be Okay — New York Magazine
I think, and this is an unfinished thought, that we are starting to see the consequences of the stratification of extreme growth. Innovation seems to naturally create extreme status differentials, which seem to be counter-balanced by cultural tendencies towards revolution for equality.
The next few years is going to be a bad time to be a slow track of personal improvement. If those that excel, invent, and innovate don’t find compassionate motivations, I fear there will be real societal upheaval.
Given the crunch we will feel from energy, food, and water shortages — and the fact that the workforces opportunities will continue to shrink through mechanization — a successful revolution could bring us our own version of the dark ages.
Ontologies supply a structure for relating information to other information in the semantic Web or the linked data realm. Ontologies thus provide a similar role for the organization of data that is provided by relational data schema. Because of this structural role, ontologies are pivotal to the coherence and interoperability of interconnected data.
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