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May 17, 2003
10:51am
Does
anybody really care about emphasis ? In
this morning's Washington
Post, staff writers Milbank and VandeHei write
that "Bush appears to be in no political danger
from the failure to find chemical, biological and
nuclear weapons in Iraq, with Democrats reluctant to
challenge Bush on any aspect of the war and polls
showing Americans unconcerned about weapons discoveries."
Well, here you go ! Looks like now that the US
presidential campaign has begun, all will (should) be
forgotten. Not
even journalists, it would seem. In the New
York review of Books, Michael Massing, a
contributing editor of the Columbia Journalism Review,
who traveled to Qatar during the US military expedition
in Iraq on behalf of the Committee to Protect
Journalists, explains it all. Sobering.
May 11, 2003
9:21pm
Europe's
own defense Looks
to me that this whole Iraq mess could turned out to be a
chance for Europe - "old" and new alike.
Daniel Cohn-Bendit expressed the idea first. Last week's
initiative by Luxemburg, Belgium, Germany and France to
launch a new (...) European defense initiative - which
would not, incidentally, be built 'against' NATO (at
least not initially...) - seemed like a move in the
right direction. Not surprisingly, the Bush
administration complained. But hold on a minute, Mr
Powell. When Europe doesn't spend enough on its own
defense, you show your disdain. And when Europe looks to
build its defense momentum, you call it a threat.
Where's the logic ? May 11, 2003
10:23pm
Dubya's
war - "matters of emphasis" So
where are Saddam's weapons of mass destruction ?
"We were not lying," a Bush administration
official told ABC News. " But it was just a matter
of emphasis." The official was referring to the way
the administration hyped the threat that Hussein posed
to the USA. Beyond the issue of WMD's very existence, I
am amazed by the fact that the American public seems so
easily manipulated. Luckily, some Americans know how to
ask the right questions, and question Dubya's
administration's credibility. On 29 April, in a New
York Times' op-ed, Paul Krugman does just that :
"Does it matter that we were misled into war ? Some
people say that it doesn't : we won, and the Iraqi
people have been freed. But we ought to ask the right
questions - not just about Irad, but about
ourselves." I am eagerly waiting to hear fresh news
about those WMD, and how the American people will take
it... May 11, 2003
10:01pm
Never
believe what they say Are
we really better off ? In a talk
at the John Smith Institute on April 29 last, Samuel
Brittan (columnist at the Financial Times) discussed how
one should best measure happiness. He believes that GDP
is no longer truly useful as an indicator of welfare. He
describes the World Bank Human Development index, which
contains GDP, life expectancy and literacy, as an
possible alternative. His bottom line is that it is
foolish to ask people if they are happy, but that rather
one should look at what people actually do to determine
if they are better off now than they were before. It's
funny how things leads to another. Back in my trading
days, Alasdair Haynes, my boss at Bankers Trust,
told me once that in the markets "you should only
believe half of what you read and none of what you
hear" (or may be it was the other way around - but
you get his drift). Guess the theory gets refined all
the time... May 11, 2003
9:08pm
Time
flies Discipline...
I guess that's what it takes ! It turns out to be much
more difficult than I thought to keep this site updated.
Not for like of material : I gather regularly stuff I
want to discuss here. Only problem is : I never get
around to doing it...
March 9, 2003
1:32pm
Answers
(...) to questions about this war As
one would imagine, being a US-educated French man, I
have grown increasingly uncomfortable with the world
situation. Two weeks ago I was writing about how I
couldn't understand the reasons behing Bush and
Company's behavior. I think I have found them in the New
York Review of Books, expressed by two great American
journalists - both Pulitzer Price winners. Rather than
try and paraphrase the authors, I am taking the liberty
to present to you their reviews in extenso. If
like me you're unclear about all this, do take the time
to read what Norman Mailer and
Thomas Powers have to
say...
March
3, 2003
9:52am
Data
players (not telcos) are pushing convergence During its keynote presentation at Last at VoiceCon 2003, a voice over IP industry trade show, Microsoft demoed the successful integration of speech recognition with common directories to place a phone call using VoIP. Individually, each of these technologies has been around for some time. But the fact that Microsoft has thrown its full support behind integrating voice applications onto computing systems is telling. For once, it furthers my observation that Microsoft could be the driving force towards real convergence. It makes sense for a company that thrives on the ubiquity of its operating system to ensure that all applications do work seamlessly together. I saw the light when I learned that Windows XP would - in esssence - be a media gateway in its own right : use it on a high bandwith network and you don't need anybody to use convergence applications (including voice). Well, things turned out to be a bit more complicated than that -- but Microsoft can afford to wait till half the world runs on WinXP... More importantly, it show that phone companies shouldn't be relied upon too much to push that voice and data convergence we'll all heard a lot about in the last few years. The fact is that "voice" applications are coming from a historically data-focused company. The Microsoft exhibit demonstrated interoperability with systems supplied by traditional telco-centric companies like Siemens and Nortel. Incumbent telcos have shown that they are only paying lip service to convergence applications : they don't really understand their potential, and when they do they decide that they have too much to lose. Others aren't waiting. While the phone system suppliers have been dabbling in converged data applications for several years now, I'll be watching for more exciting developments by data players in the future.
February 23, 2003
1:12pm
Wi-Fi, telcos, you & me
Are
telecom giants embracing Wi-Fi only because they have
to, or because they truly have a clear vision about it ?
Operators spend enormous amounts of money to build and
own networks, and then charge for their use. Giant
vendors like Lucent or Ericsson spend massively to
develop proprietary technologies to build the networks.
But France Telecom has announced that their Wi-Fi
"infrastructure" would be financed (hence controlled) by
others - namely hotspots owners. This is a paradigm
change, and I am not convinced that even they (the
telcos that is) understand its impact
yet.
Let
me explain. As Wi-Fi's core techno isn't controlled by
anyone (it's a standard), the business of making Wi-Fi
equipment is wide open and prices of Wi-Fi devices are
falling every day because manufacturers don't have to
worry about paying royalties or facing patent hurdles.
The use of Wi-Fi frequences is (pretty much) free.
Robert Berger, from the Center of Global Communications
in Tokyo, estimates that the cost of providing 3G
services in Hong Kong will be 25 times higher than the
cost of building a Wi-Fi network ($10m vs. $250m + $6.4m
annual licence costs to the government). Within that
context it does indeed make sense for a telco like
France Telecom to get into the Wi-Fi business. But along
with the good news (cheap equipment, freedom from
pseudo-monopoly vendors) comes a problem : how can they
prevent others to get in the business as well. They say
only them can provide QoS and security : I have my
doubts, but say they're right. Then remains a (big)
question : what is the sustainability of a model in
which they do not control the network. How are they
going to deal with a situation where they have to
convince owners to have them manage their hotspot,
rather than another telco, an ISP or anybody else for
that matter. What are the barriers to entry ? What if a
local authority decides that they want to offer better
terms to hotspot owners - or, even worse, chooses to
finance a network of their own deployed on and around
the buildings they control...
February 23, 2003
1:01pm
Indexing blogs
Google recently announced the purchase of Pyra,
the blog pioneer. It turns out they want to be able to
add blogs to their indexing capabilities. Makes a lot of
sense. I can't wait until they launch this new
service.
February 23, 2003
11:44am
Questions about this war
There is no doubt that Saddam is a dictator and a
threat to his own people and (most probably) the rest of
the world. The use of force against him cannot be ruled
out. So why this international mess about how to deal
with the situation ? I am not sure I can add anything
meaningful to the debate, but I keep asking myself
questions. How come the most powerful intelligence
services in the world haven't been able in 12 years (at
least) to figure out exactly what weapons Saddam indeed
has (and where) or hasn't. Cynically, why is it that the
US can spend tens of billions to send troops in the
Gulf, but can't find a way to "physically remove" the
dictator - if he is such a threat. Why now, whatever
happened to the search for Bin Laden.
February 15, 2003
4:16pm
First entry : why this site
It
took me a good six months in all to come with this site.
Although this is not the first web site I put up, it's
actually the first one I take care of from scratch.
Deciding what content to put in was the most difficult
part ; the rest (finding the right template [no, I
didn't design this myself...], figuring out how
Frontpage really works, getting a handle on FTP uploads)
is time-consuming and frustrating at times, but
straightforward. So,
now I have a blog ; and I need to start thinking about
what I am going to write
about...
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