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With market on edge, investors look to tech trio
The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results at a time when confidence in those market leaders looks increasingly fragile and in danger of derailing Wall Street's rally.
work 
38 minutes ago by bamxme
Devops Is a Poorly Executed Scam
If you've hired people explicitly as peacemakers between development and ops, you fucked up somewhere in your hiring process; it's fixing a self-inflicted problem.
sysadmin  work 
1 hour ago by ahall
Idleness as Flourishing | Public Books
We are in principle accessible anywhere, at any time; we can be texted, emailed, tagged: “The world today is faster, more scheduled, more fragmented, less patient, louder, more wired, more public.” There is not enough downtime. So Lightman argues in his brisk, persuasive essay. His snapshots of the relevant social science portray the grim effects of over-connection in our digital age: young people are more stressed, more prone to depression, less creative, more lonely but never really alone. Our time is ruthlessly graphed into efficient units. The walking speed of pedestrians in 32 cities increased by 10 percent from 1995 to 2005.

With its brief chapters and bright illustrations, Lightman’s book is itself well-designed for the attention deficits of the internet era, perfect for the postliterate teenager or the busy executive with only an hour to spare. It makes an elegant case for downtime: unstructured and undistracted, time to experiment and introspect. For Lightman, this is the kind of time-wasting that is not a waste of time. It augments creativity, which draws on undirected or “divergent” thinking. It replenishes and repairs us. And it gives us space in which to find ourselves.

Lightman’s definition of “wasting time” as undirected introspection is deliberately tendentious. The phrase could just as well describe the smartphone addict playing Angry Birds. Ironically, one of the most intriguing studies in Lightman’s book concerns the positive impact of trivial games. Asked to come up with new business ideas, people who were forced to procrastinate with Minesweeper or Solitaire for several minutes were “noticeably more creative.” Lightman does not pause to ask whether this effect can be scaled up. (I pushed it pretty far myself in graduate school, with mixed results.) But he offers a suggestive catalog of artists and scientists whose best ideas arrived when they were staring at a wall.
books  culture  introspection  idleness  work 
4 hours ago by dwalbert
ETF investors are rewriting the rules on hedging risk
Amid rising rates and a stock sell-off, traders head to safety via routes like utilities and ultra-short fixed income.
work 
11 hours ago by bamxme
Fidelity artificial intelligence survey - Business Insider
gap between investors'internal use of AI and their high expectations for AI's promises. Globally, 69% of funds expect to use AI for asset allocation in the future, while nearly the same number plan to use it for performance and risk evaluations, the Fidelity re
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12 hours ago by bamxme
BlackRock hit by first investor outflow in three years - Financial News
Investors pulled a net $3.1bn from the world’s largest money manager in the latest quarter
work 
14 hours ago by bamxme
BlackRock CEO Fink on $12 trillion ETF growth projection - Business Insider
BI PRIME: iShares, a business that comprises about 30% of the firm's assets under management, had net inflows of $33.7 billion during the quarter. iShares assets totaled $1.9 trillion, up from $1.6 trillion in the year-ago period.
work 
14 hours ago by bamxme
Why do we feel so busy? It’s all our hidden ‘shadow work’ | Oliver Burkeman | Life and style | The Guardian
There can be benefits to shadow work – saved time, increased autonomy – but as Lambert points out, one huge downside is that it’s socially isolating. That’s obvious in the case of the elderly person who’d struggle to book a trip online or collect train tickets from a touchscreen machine but it affects us all: every exchange between a shopper and a checkout worker, a bank teller and a bank customer, “help[s] glue a neighbourhood, or a town, together”.

Doing things for each other, even when it’s paid, is “an essential characteristic of a human community”. But in a self-service world, you’re on your own.
work  economics  labor 
14 hours ago by craniac

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