"Many groups were skeptical about the internet, including the new online service, multimedia and consumer, and the enterprise teams. The memo crafted a great line to open: “Product groups do not have to spend time studying the future of the Internet, or researching this phenomenon. We want to, and will, invest resources to be a leader Internet support, fully understanding that if we are wrong about this it will have been a mistake.”"
Millions decided that wearing a mask infringed their individual liberty. This week my Times colleague Apoorva Mandavilli reported that experts now believe that America will not achieve herd immunity anytime soon.
"We’re not asking you to storm the beaches of Iwo Jima; we’re asking you to walk into a damn CVS."
With those issues now largely in the rearview mirror, if not completely gone, early May seems like a good time for my own version of which stories will matter most in 2021. Here are four, none of which is currently prominent in the news.
But once your assets cross a certain threshold, almost all your spending is relative to the Joneses. The amount of absolute wealth no longer matters — what matters is the amount of wealth relative to your peers.
This phenonemon is exacerbated by the difference between how those working on new ideas and those attacking them are rewarded. The rewards for working on new ideas are weighted by the value of the outcome.
To be absolutely clear: The vaccines worked to protect most residents. But no vaccine is perfect, and the COVID-19 vaccines won’t stop all infections, especially for some people with weak immune systems.
"This is the no-vaxxer deep story in a nutshell: I trust my own cells more than I trust pharmaceutical goop; I trust my own mind more than I trust liberal elites."