Word: virtualization
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When his contract runs out in a month, Thorsen will hardly be the only dotcom refugee standing in line. Nor will he be the only one cursing his valueless options. This has always been a highly volatile industry, but recent events have been on the scale of a virtual earthquake. Here's a sample of the casualty list for just two days last week: More than a third of Seattle-based Hardware.com's workers went under the hammer. Furniture.com in Framingham, Mass., laid off 80 employees--that's 41% of its work force. Streaming video site Pseudo.com axed 58 jobs...
...they're simply reacting to the demands of the market, which has become far more cautious and skeptical in the past three months. The game used to be about building a virtual Roman Empire, all glorious acquisitions and land-grabs. Now it's about building a Monaco, a tiny but incredibly profitable niche nation. Companies that don't understand the need to change direction--in geekspeak, the phrase is "turn and burn"--are doomed...
...grand, epic scheme of human events, 71 years isn't all that long, one supposes. But for a political party in what has been at least a nominal democracy, 71 years is a virtual eternity in power. Were the Institutional Revolutionary Party (such a wonderful, oxymoronic name) a basketball team, it'd be the old Boston Celtics; if they were playing hockey in Mexico City the PRI would surely be the Canadiens...
...lawyers hoped DNA tests would erase the rape charge and take him off death row. The problem for Bush is that many of those same people may not have the stomach to watch Graham die. In fact, Graham's case is being held up around the country as a virtual point-by-point guide to what's wrong with Texas' justice system...
Jeff Bridges got zapped into it in TRON. Keanu Reeves reached it by means of a red pill in The Matrix. In Neal Stephenson's novel Snow Crash--a cult classic in Silicon Valley--our hero, Hiro Protagonist, goes there wearing goggles and a pair of virtual-reality gloves. It's where I expect to be spending my evenings in the twilight of my life, without ever leaving the comfort of my sofa. And--who knows?--maybe I'll meet you there...