Tag Archives: Wall Street Journal

E-readers: musings on publishing and the word (part 3 of 3)

Let’s add a comment from a writer, notably William Gibson in an interview with the Wall Street Journal (WSJ) prior to the launch of his latest book, Zero History.

William Gibson in a Sept.6, 2010 interview with Steven Kurutz for the WSJ blog, Speakeasy,

Will you mourn the loss of the physical book if eBooks become the dominant format?

It doesn’t fill me with quite the degree of horror and sorrow that it seems to fill many of my friends. For one thing, I don’t think that physical books will cease to be produced. But the ecological impact of book manufacture and traditional book marketing –- I think that should really be considered. We have this industry in which we cut down trees to make the paper that we then use enormous amounts of electricity to turn into books that weigh a great deal and are then shipped enormous distances to point-of-sale retail. Often times they are remained or returned, using double the carbon footprint. And more electricity is used to pulp them and turn them into more books. If you look at it from a purely ecological point of view, it’s crazy.

Gibson goes on to suggest that the perfect scenario would feature bookstores displaying one copy of each book being offered for sale. Prospective readers would be able to view the book and purchase their own copy through a print-on-demand system. He does not speculate about any possible role for e-books.

For a contrasting approach from writers, let’s take Neal Stephenson, Greg Bear and other members of the Mongoliad novel/project which is being written/conducted online.  I’m inferring from the publicity and written material on the Mongoliad website that these writers, artists, and others are experimenting with new business and storytelling models in the face of a rapidly changing publishing and reading environment. I’ve posted about Mongoliad here (Sept.7,2010) and here (May 31,2010).

Edward Picot at The Hyperliterature Exchange has written a substantive essay, It’s Literature Jim… but not as we know i: Publishing and the Digital Revolution, which explores this topic from the perspective of someone who’s been heavily involved in the debate for many years. From the Picot essay,

It seems we may finally be reaching the point where ebooks are going to pose a genuine challenge to print-and-paper. Amazon have just announced that Stieg Larsson’s The Girl with the Dragon Tattoo has become the first ebook to sell more than a million copies; and also that they are now selling more copies of ebooks than books in hardcover. [emphasis mine]

As for more proof as to how much things are changing, the folks who produce the Oxford English Dictionary (the 20 volume version) have announced that the 1989 edition may have been the last print edition. From Dan Nosowitz’s article on the Fast Company website,

The Oxford English Dictionary, currently a 20 volume, 750-pound monstrosity, has been the authoritative word on the words of the English language for 126 years. The OED3, the first new edition since 1989, may also be the first to forgo print entirely, reports the AP.

Nigel Portwood, chief executive of the Oxford University Press (isn’t that the perfect name for him?), says online revenue has been so high that it is highly unlikely that the third edition of the OED will be physically printed. The full 20-volume set costs $995 at Amazon, and of course it requires supplementals regularly to account for valuable words like “bootylicious.”

Meanwhile the Shifted Librarian weighs in by comparing her Kindle experience with a print book in a September 7, 2010 posting,

I knew my desire to share con­tent was the prime dri­ver of the for­mat I was choos­ing, but I didn’t real­ize how quickly it was shift­ing in the oppo­site direc­tion. I now want to share one-to-many, not one-to-one, and I just don’t have the time or resources to tran­scribe every­thing I want to share. It makes me sad to look at that long list of print books I’ve read over the past year that I likely won’t share here because I can’t copy and paste.

Jenny (The Shifted Librarian) ends her essay with this,

Of course, your mileage may vary, but I think I’ve finally crossed over to the ebook side. I’ll have to go to book­stores and the library just to touch new books for old time’s sake. Only time will tell if there’s a “fea­ture” of print books that can draw me back. My rea­sons for con­vert­ing are def­i­nitely an edge case, and I haven’t been a heavy user of print resources in libraries in quite some time, but I can’t help but won­der how this type of shift will affect libraries. I see more and more eread­ers on my com­mute every day.

I was on the bus today and was struck by how many people were reading books and newspapers but I’m not drawing any serious conclusions from my informal survey. I think the lack of e-books, tablets and their ilk may be a consequence of the Canadian market where we tend to get digital devices after they’ve been on the US market for a while and when we get them, we pay more.

Despite all the discussion about e-books and tablets, I think what it comes down to is whether or not people are going to continue reading and, if we do , whether we”ll be reading the same way. Personally, I think there’ll be less reading. After all, literacy isn’t a given and with more and more icons (e.g., signage in airports, pedestrian walk signals, your software programmes, etc.) taking the place that once was occupied by written words then, why would we need to learn to read? In the last year, I’ve seen science journal abstracts (which used to be text only) that are graphical, i.e.,  text illustrated with images.  Plus there’s been a resurgence of radio online and other audio products (rap, spoken word poets, podcasts, etc.) which hints at a greater investment in oral culture in the future.

These occurrences and others suggest to me that a massive change is underway. If you need any more proof, there’s Arthur Sulzburger Jr.’s admission at the recent International Newsroom Summit held in London England (from the Sept.8, 2010 article by Steve Huff in the New York Observer Daily Transom),

During a talk at the International Newsroom Summit held in London, Times publisher Arthur Sulzberger Jr. admitted that “we will stop printing the New York Times sometime in the future,” but, said Sulzberger, that date is “TBD.”

In the foreseeable future, we might need to read (although we may find ourselves moving to a more orally-based culture) but not as extensively as before. We won’t spend quite as much time learning to read and will better use the training time to learn about such topics as physics or coding computers or something. Knowledge, scientific and otherwise, is going to be transmitted and received via many channels and I don’t believe that the written word will be as privileged as it is today.

In the meantime, there are any number of avenues for writers and readers to pursue. One that I find personally fascinating is the subculture of literary tattoos (from The Word Made Flesh [Thanks to @ruthseeley for tweeting about the website.]),

It says “It rained for four years, eleven months and two days.” in portuguese. The illustration and phrase are from “100 years of solitude” by G.G. Márquez. That book means a lot to me. This picture was takes the same day i got the tattoo, so it’s a little bloody. It was very cold that day.

Given that I live in an area known for its rainy weather, this particular tattoo was a no-brainer choice.

Over 2000 nanotechnology businesses?

Nanowerk has announced a new, free feature: their Nanotechnology Company Directory. From the July 1, 2010 news item,

At the latest count, over 2100 companies from 48 countries are involved in nanotechnology research, manufacturing or applications – a number that keeps growing at a considerable pace.

With more than 1100 companies, the U.S. is home to roughly half of all nanotechnology firms. 670 companies are in Europe, 230 in Asia and 210 elsewhere in the world. Within Europe, Germany is represented with 211 companies, followed by the U.K. with 146 companies.

Over 270 companies are involved in the manufacture of raw materials such as nanoparticles, nanofibers and -wires, carbon nanotubes, or quantum dots. More than 340 companies are active in life sciences and pharmaceutical fields. The vast majority with well over half of all companies are involved in manufacturing instruments, devices, or advanced materials and components.

The news item goes on to provide a definition for what constitutes a nanotechnology company which is timely in light of Dexter Johnson’s June 30, 2010 posting (What Is a Nanotechnology Company Anyway?) at Nanoclast,

I stopped for a moment after reading [in an investment notice he’d received] this term “nanotechnology company” to consider what might actually constitute such a thing. Is Toyota a nanotechnology company as some nanotechnology stock indices have claimed? Is IBM a nanotechnology company because they are doing research into using graphene and carbon nanotubes in electronics? How about all the instrumentation and microscopy companies that give us the tools to see and to work on the nanometer and angstrom scale, are they nanotechnology companies? What about the flood of nanomaterials companies that started making carbon nanotubes in their basements that were going to revolutionize industry?

Despite figures ranging from one to three trillion dollars being dangled in front of people’s faces for the last 10 years, it doesn’t seem to have attracted the level of investment that would really make a difference in advancing the commercial aspirations of nanotechnologies if the recent PCAST meeting is any indication.

So the definition has an impact since entrepreneurs need to attract investment and, as  more than one of the participants in the recent PCAST meeting noted, moving the discoveries from the laboratory to the market place is a labourious process where there is a significant dearth of investment interest for a phase described as the ‘valley of death’ or, as one participant termed it, the ‘lab gap’. (My post about that particular PCAST meeting ‘The Golden Triangle workshop’  is here.)

The same day Nanowerk announced its new nanotechnology company directory, Christine Peterson at the Foresight Institute posted an item about a venture capital group known for investing in nanotech and microsystems,

Small investors who want to invest in nanotech startups have for years turned to publicly-held venture group Harris & Harris Group, which has focused on private companies in nanotech and microsystems.

With the economy down, and initial public offerings (IPOs) more rare, this strategy is changing.

Peterson is commenting on a Wall Street Journal blog posting by Brian Gormley,

In a June 28 letter to shareholders, Chief Executive [of Harris & Harris Group] Douglas Jamison said many of its private holdings are maturely nicely. Even so, volatility and risk aversion in the public markets are making it difficult for these companies [nanotech and microsystems] to go public.

Although the firm plans to continue investing in private companies, “We currently do not plan to make an initial equity investment in a private company until we get increased visibility into the timing of liquidity for our privately held portfolio,” Jamison wrote in the letter.

The firm, which has 31 private investments in its portfolio, expects to gain such visibility later this year. Jamison was not available for comment Monday.

“With the lengthening time between investment and return on investment in private venture capital-backed companies, we need to find a way to generate returns with greater frequency,” Jamison said in the letter.

“As a public company, we should not count on investors to wait five years between liquidity events. We will seek to position our investments so that we can demonstrate positive returns on investments on an annual basis.”

The valley of death or lab gap seems to be getting wider while venture capitalists who do know the industry pull back. Meanwhile, a standard investor is likely to experience confusion about what the term nanotechnology company means and just how much that ‘market’ is liable to worth.

Forthcoming report by UK House of Lords on nanotechnologies and food; Nike uses nanocoating for new running shoe; quick reference to OECD scorecard; funny technology predictions

Later this week (Jan.8.10), the UK House of Lords Science and Technology Committee will be releasing a report on nanotechnologies and the food industry. From the news item on Azonano,

The Committee has been looking in detail at the use of nanotechnologies in the food industry and has explored how these technologies are likely to develop. It has considered where government might need to develop regulations and effective communications to ensure public confidence is maintained.

The news item (media advisory) tells you who to contact if you want to attend a press conference, interview the principals, and/or get your hands on the embargoed report in advance.

For most people nanotechnology continues to be something associated with sports equipment and clothing and the latest  from Nike will do nothing to change that. From the news item on Azonano,

Sneakerheads will get an additional performance benefit with the latest launch of Nike Lunar Wood TZ. Using technology by P2i, the world leader in liquid repellent nano-coating technology, Nike’s new lightweight and comfortable running shoe will keep wearers dry during the wettest of winters.

P2i’s ion-mask™ technology applies a nanoscopic protective polymer layer to the whole shoe, on which water forms beads and simply rolls off, instead of being absorbed. Because ion-mask™ gives the whole shoe (including the stitching) superior water repellency, it delivers two crucial benefits; one, it stops external water getting in and two, it encourages evaporated perspiration to flow out.

According to P2i, this coating technology (ion-mask) is environmentally friendly. I have mentioned them before but the last time was in relation to military and police use of their coating technology.

The OECD has released its Science, Technology and Industry ‘scoreboard’ which also includes individual country notes for seven countries (Canada, France, Germany, Italy, Japan, UK, and US). I have looked at some of the country notes and some of the material in the scoreboard online. Unfortunately, this is one of those things I find easier to read in print as they have set up a system that requires a lot of clicking. The news item on Azonano is here, the link to information about the scoreboard, country notes, and more is here, and the link to the web version of the scoreboard document is here. Or you may want to wait for Rob Annan’s (Don’t leave Canada behind) promised in his Jan.4.10 posting comments and analysis.

Thanks to the NISE (Nanoscale Informal Science Education) Network January 2010 newsletter, I found a Wall Street Journal (online) article by L. Gordon Crovitz on technology predictions that has these gems,

“The Americans have need of the telephone, but we do not. We have plenty of messenger boys,” Sir William Preece, chief engineer at the British Post Office, 1878.

“Who the hell wants to hear actors talk?” H.M. Warner, Warner Bros., 1927.

“I think there is a world market for maybe five computers,” Thomas Watson, chairman of IBM, 1943.

“Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night,” Darryl Zanuck, 20th Century Fox, 1946.

“The world potential market for copying machines is 5,000 at most,” IBM executives to the eventual founders of Xerox, 1959.

“There is no reason anyone would want a computer in their home,” Ken Olsen, founder of mainframe-producer Digital Equipment Corp., 1977.

“No one will need more than 637 kb of memory for a personal computer—640K ought to be enough for anybody,” Bill Gates, Microsoft, 1981.

“Next Christmas the iPod will be dead, finished, gone, kaput,” Sir Alan Sugar, British entrepreneur, 2005.

It’s a good read (there are more gems) but I can’t laugh too hard as whenever I need to take myself down a peg or two I remember my first response to VCRs. I didn’t see any point to them.

Finally, thanks again to the NISE Net newsletter for the monthly haiku,

Cash @ nanoscale:
Nickel, copper, zinc atoms…
My account balance?
by David Sittenfeld, Program Manager of Forums at the Museum of Science, Boston.

Geo engineering and climate change

I just finished reading an article by Jamais Cascio in the Wall Street Journal on geoengineering. I was directed there from Andrew Maynard’s 2020 Science blog and while this isn’t my usual thing it’s one of those ideas that’s both intriguing and deeply disturbing to me.

I’ve read other pieces by Cascio and find him to be a very thoughtful writer so I’m inclined to pay attention when he writes about something. From what I can gather after reading his article, geoengineering needs to be seriously considered now that climate change is rapidly approaching a crisis/tipping point. (Others may disagree with whether or not we are having a crisis but that’s another discussion.) We have not sufficiently decreased the amount of carbon being pumped into the atmosphere thereby allowing us to reverse the changes currently taking place. Cascio is proposing that we consider geoengineering not as a solution to too much carbon being released but as a stopgap (breathing space) while we seriously address the issues. You can read Cascio’s article here and you can read Andrew Maynard’s comments about it here.

The most feasible solutions as described by Cascio make me very nervous (either pump sulfates or seawater up into the atmosphere) but he presents a persuasive case for a geoengineering solution coupled with serious efforts to reduce carbon emissions.