Don't let a PLAN doom you to failure.
EmTech: Some Wisdom from Joi Ito on How to Be a "Now-ist" | MIT Technology Review:
. . . because the Internet and computing have made it much easier for small startups to create innovative products and services, the world has gotten more complex. With more innovation happening at “the edges,” out of the control of large institutions, life is less predictable. So the audience member's question gave Ito a chance to explain how this phenomenon affects his worldview. “I’m a now-ist,” he said.” Now-ists “don’t think about trends. We think about being resilient and being prepared for anything.” As an example, he cited last year’s massive earthquake and nuclear disaster in his native Japan, which struck while he was in Cambridge interviewing for the Media Lab job. In the aftermath of the quake, “everyone with a plan failed,” Ito observed. Meanwhile, using Twitter and other online connections, Ito was able to quickly organize a response to the nuclear crisis: a volunteer operation that coordinated Geiger counter readings from volunteers all over Japan. The lesson: be agile and be willing to try new things, even if it means discarding the way things have always been done before."
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Cleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased
0.3% in September
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The Cleveland Fed released the median CPI and the trimmed-mean CPI.
According to the Federal Reserve Bank of Cleveland, the median Consumer
Price Index ros...
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