2009-10-14

The Gervais Principle supplants the Peter and Dilbert Principles

See The Gervais Principle, Or The Office According to "The Office" for an insightful writeup that makes a serious case for The Gervais Principle as a follow-on to the Peter Principle and the Dilbert Principle.

2009-03-03

Blame mathematics for the current economic calamity

Here are some interesting writeups describing David Li's Gaussian copula function caused the current financial crisis by not taking into account correlations of underlying assets.

Quants Gone Wild - Math caused the current economic calamity - David Li's Gaussian copula function used by quantitative financial analysts. ( http://www.hpcwire.com/blogs/Quants-Gone-Wild-40388712.html )

Recipe for disaster: The forumla that killed Wall Street (Wired 2009-02-23) ( http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all )

2009-01-12

Mutually Assured Humiliation (we all live in glass houses)

"We will enter a time of mutually assured humiliation; we all live in glass houses. That will be positive for tolerance and understanding." -- Jeff Jarvis, CUNY. From a Pew Research report on the internet ( http://pewresearch.org/pubs/1053/future-of-the-internet-iii-how-the-experts-see-it )