Archive for July, 2007

Gambling Velocity, or How I Learned to Stop Worrying and Love the FUD.

Tuesday, July 31st, 2007

velocity Reuters is running stories about an “economic crisis” in Second Life. The basis for this is the announcement of a platform-wide ban on gambling, a minor insider theft ($10,000 US) at a “in world stock exchange”, and a bank run on a major “in world bank” (which handles about 150 million in L$ deposits). The result of this, they claim, is that the in world “spending” decreased from $2 million US to about $1.1 million US per 24 hour period, signaling an “economic crisis”. This article examines why you shouldn’t really worry.

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Technological Platform Capital

Sunday, July 8th, 2007

crane

In classical economics, the four factors of production are capital, labor, land, and enterprise. Capital started out as a simple concept, it represented the manufactured goods that allowed the production of other manufactured goods. It later evolved to include some fuzzier concepts, such as human capital, knowledge capital, (physical) infrastructure capital, and social capital. Here I propose a new type of capital, technological platform capital. Linden Lab’s Second Life is a self-contained technological platform with a microcosm economy that provides an ideal example to develop this concept.

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New telephone number format.

Sunday, July 8th, 2007

A coalition of telephone companies, including Verizon, AT&T, Qwest, and SBC announced today a new numbering scheme for phone numbers in the USA. The new phone numbers will be in the format XXX-XXX-XXX-XXX-XXX-XXX-XXXXX. “We want to make sure we won’t run out,” said H.W. Jablome, CIO of Qwest Atlantic.

Some users, however, are not impressed with the move. Barbra Connors of WREK-FM, a participant in the pilot program, commented, “I don’t know how they expect our callers to remember our new proposed phone number. Hell, I don’t even remember it, I have to keep it on a sticky note on my monitor.” Connors hopes that the telephone companies will reconsider the length of the numbers before finalizing the standard.

But Jablome defends the decision. “We concluded that a 23 digit address space is a good length based on many technical factors. When every molecule in the solar system has a telephone number, you’ll be thankful we planned ahead! Besides, no one will actually have to remember these numbers, everyone can use our directory services, which will be at a new low rate of 35 cents per call.” Jablome reports that some early adopters are using 23-to-10 tunneling services, but it may be several years before core systems are upgraded to the new scheme.

He adds that the need to use the “nasty hack” of a “PBX”, (private branch exchange) will be obviated by the new system. PBX is a technology that allows a sort of “network address translation”, translating a handful of phone numbers into extensions. “PBX is hack that has cost us dearly in network trouble in exchange for rescuing us from phone number exhaustion. I personally have spent hundreds of hours troubleshooting network problems ultimately traced to PBX failures,” said Jablome.

Some users like the idea, however. Li Hung, a 35 year old game tester, had this to say, “I personally like having 2^32 phone numbers allocated to me. It’s comforting to know that if I need the room to expand, it’s right there. Between my mom’s phone and my dad’s phone, and my 14.4k modem line, we already have 3 lines in the house.” Hung runs a 23-to-10 gateway to allow him to test the service before mainstream implementation is complete.

The telephone company alliance predicts a full roll-out of 23-digit technology by late 2008.