Former Oculus CEO Brendan Iribe Didn’t Think Oculus Go Was A Good Idea

Brendan Iribe, the CEO of Oculus between 2014 and 2016, says he didn’t think the 3DoF Oculus Go headset was a good idea.

Iribe joined Oculus as CEO near the end of its Kickstarter, and was declared a co-founder alongside Palmer Luckey, Nate Mitchell, and Michael Antonov. Iribe held the CEO title through the launch of the Oculus Rift until just after the Touch controllers shipped, when he stepped down to lead the Rift PC VR teams.

It has been widely reported that in this era there were fierce debates within Oculus as to how much to focus on PC VR versus standalone, and what the minimum capability set for VR should be.

3DOF VR was the wrong off-ramp. It was fine for Rift DK1, but the focus of Rift and Quest on 6DOF with Touch controllers was the right direction.

— Brendan Iribe (@brendaniribe) May 12, 2025

Iribe was replaced as head of Oculus by Hugo Barra, a former Xiaomi VP. Nine months later the company announced Oculus Go, a $200 standalone headset manufactured by Xiaomi, which was also sold in China as Xiaomi Mi VR.

Shipped in 2018, Oculus Go was Facebook’s first standalone headset but lacked any kind of cameras or other positional tracking system. It was 3DoF, meaning it could only track the rotation of your head, not the position. If you leaned, the entire world moved with you, as if it was attached to your head. Go’s simple laser-pointer remote was 3DoF too, meaning it had a fixed position in space and could only rotate, not directly interact with virtual content.

Despite the low price and a celebrity marketing campaign, these critical limitations meant Go failed to reach anywhere near the success that those within Oculus who did believe in it had hoped. While $200 was already lower than any other fully-featured VR headset to date, Go was even sold at $180 at Black Friday and Christmas, and cut to $150 within two years on the market.

Last year, Iribe’s successor Hugo Barra himself admitted that Go “had extremely low retention”, and that most buyers “completely abandoned the headset after a few weeks”. Barra left Facebook in 2021 and called Oculus Go “the biggest product failure I’ve ever been associated with”.

Clearly, Brendan Iribe was right.

Facebook To Stop Selling Oculus Go, Vows No More 3DOF Headsets
Facebook will stop selling Oculus Go this year as the company sharpens its focus on fully positionally tracked VR headsets like Oculus Quest. Oculus Go entered the market in 2018 as Facebook’s first standalone VR headset. Priced at $199 and pitched as a media viewer, Go transitioned VR developers
UploadVRIan Hamilton

After just over two years on the market, Facebook stopped selling Oculus Go and vowed to never ship another 3DoF VR product again, a promise which Meta has kept.

Brendan Iribe left Facebook five months after the release of Oculus Go, and TechCrunch reported that this decision was related to superiors cancelling the Oculus Rift 2 he wanted to ship in favor of the cheaper Lenovo-designed Rift S. While Iribe has praised Oculus Quest, it’s clear his interest was in high-end PC VR, not the standalone approach Meta has focused on instead.

Microsoft Is Allegedly Testing Steam Integration For Its MS Store, Is Xbox Next?

Microsoft Is Allegedly Testing Steam Integration For Its MS Store, Is Xbox Next?
Valve’s Steam marketplace is very popular, so it only makes sense that Microsoft may be looking to add it to its Microsoft Store and beyond. It makes sense to us too—if you ask any PC gamer, Steam is typically where they prefer to buy and play games. The Steam app offers a virtually effortless and organized experiences, together with the gamer

How Miami Schools Are Leading 100,000 Students Into the A.I. Future

Miami-Dade County Public Schools, the nation’s third-largest school district, is now deploying Google’s Gemini chatbots to more than 105,000 high school students — marking the largest U.S. school district AI deployment to date. This represents a dramatic reversal from just two years ago when the district blocked such tools over cheating and misinformation concerns.

The initiative follows President Trump’s recent executive order promoting AI integration “in all subject areas” from kindergarten through 12th grade. District officials spent months testing various chatbots for accuracy, privacy, and safety before selecting Google’s platform.


Read more of this story at Slashdot.

iPhone 17 Air Design Leak Reveals How It Compares To Samsung’s Svelte Galaxy S25 Edge

iPhone 17 Air Design Leak Reveals How It Compares To Samsung's Svelte Galaxy S25 Edge
As the quest for the slimmest smartphone continues to heat up this year between Apple and Samsung (at least initially), it’s quite apparent that Cupertino’s svelte iPhone 17 Air will be thinner than the new Galaxy S25 Edge by a nice margin—5.5 millimeters versus 5.8mm. Of course, with great thinness comes great compromises, such as smaller

Industry Insider Expects New Valve XR Headset to Launch in 2026

It appears Valve has been developing a standalone XR headset, codenamed ‘Deckard’, for some time. Now, an industry insider has apparently gotten a peek at the headset’s design, calling it “quite amazing,” further noting it’s potentially arriving sometime next year.

Stan Larroque, Founder of XR hardware company Lynx, confirmed in a recent X post the he’s actually seen the design for Valve’s next XR headset.

Larroque further confirmed that neither him nor his company Lynx, which released the Lynx R-1 mixed reality headset, is under any type non-disclosure agreement (NDA).

Larroque tells Road to VR that Valve Deckard won’t complete against Lynx’s upcoming hardware, as they separately “address two different markets [and] price points.”

Still, beating around the bush somewhat, Larroque tells us Valve and Lynx “might share suppliers for some components,” which definitely smells like a supply chain leak.

“I would be equally pissed if Lynx nextgen ID got leaked so I won’t share more,” Larroque says in an X post. “I’m just excited for good new XR HMDs. The HMD-making world is so small, we all share the same suppliers for some components.”

Valve Patent from 2022 | Image courtesy Brad Lynch

Furthermore, he tells Road to VR that he’s heard that mass production and eventual availability is slated for 2026, which differs slightly from a previous report wherein leaker and data miner ‘Gabe Follower’ alleged Deckard would arrive by the end of 2025, priced at $1,200.

While Valve hasn’t confirmed anything yet, the rumor mill has been drumming up its fair share of speculation even since the Deckard naming scheme was discovered by data miners in January 2021.

There have been leaked prototype designs (seen above) from 2022, as well as leaked 3D models hidden in a SteamVR update late last year (seen below), which appeared to show off a new VR motion controller, codenamed ‘Roy’.

Valve ‘Roy’ Model Leak | Image courtesy Brad Lynch

Then, last month, tech analyst and VR pundit Brad ‘SadlyItsBradley‘ Lynch reported Valve was gearing up production for the long-awaited device, evidenced by Valve’s recent importation of equipment to manufacture VR headset facial interfaces inside the USA.

Lynch alleges the equipment in question “is being provided by Teleray Group who also manufactured the gaskets for the Valve Index and HP G2 Omnicept.”

Exactly what and when are still relatively big question marks, although it appears Valve is moving forward with its standalone XR headset at an opportune time. Provided Larroque’s supply chain leaks are true, and it is indeed coming in 2026, a number of previous reports suggest there will be some healthy competition out there when it does.

In July 2024, The Information alleged Meta is planning to release two flagship consumer headsets sometime in 2026, codenamed ‘Pismo Low’ and ‘Pismo High’. Beyond that, a competitor to Apple Vision Pro, tentatively thought of as ‘Quest Pro 2’, is reported to arrive in 2027. Meanwhile, we’re waiting for any real shred of evidence to come from Apple of any forthcoming headset.

By then, Samsung’s Project Moohan should be in the wild, which when it launched in late 2025 will run Google’s upcoming Android XR operating system. The device is slated to bring the full-fat Android App Store to an XR device for the first time in addition to XR content.

While we’d expect Valve to skip the flashy keynotes and simply seed developers first with hardware in its usual lowkey manner, you never know when a random purchase link might just pop up on Steam, so we’ll be keeping our eyes peeled from now until whenever.

The post Industry Insider Expects New Valve XR Headset to Launch in 2026 appeared first on Road to VR.

Experts alarmed over Trump’s promotion of deep-sea mining in international waters

This article originally appeared on Inside Climate News, a nonprofit, non-partisan news organization that covers climate, energy and the environment. Sign up for their newsletter here.

In 2013, a deep-sea mining company named UK Seabed Resources contracted marine biologist Diva Amon and other scientists from the University of Hawaii at Manoa to survey a section of the seafloor in the Clarion-Clipperton Zone, a vast swath of international waters located in the Pacific Ocean that spans around 2 million square miles between Hawaii and Mexico.

The area is known to have an abundant supply of rocky deposits the size of potatoes called polymetallic nodules. They are rich in metals like nickel, cobalt, copper, and manganese, which have historically been used to make batteries and electric vehicles.

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These Craftsman Tools Are up to 60% Off on Amazon Right Now

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication.

Building your DIY home maintenance or repair kit can get expensive quickly. If you have some big summer plans for home improvement projects, you might be looking for savings on tools and materials to bring your DIY dreams to life. Luckily, there are some deals on Craftsman tools on Amazon right now that you can check out to help you get your projects finished under budget.

Tools sets

If you’re building a new toolbox from scratch, Craftsman makes a few sets that are invaluable for DIY projects, and a few of them are on sale on Amazon right now:

  • The Craftsman 230-piece mechanics tool set is on sale for $99, 50% off its regular price. This set includes a ¼, ⅜, and ½ -inch standard American imperial ratchets and socket sets, a set of box wrenches, a hand-held screwdriver, and several specialty bits. This is a great start for any type of project where you might use wrenches, like DIY appliance repair.

  • The Craftsman 7-piece SAE wrench set is on sale for $14.98, 39% off its usual price. This set includes seven box wrenches in standard American imperial sizes. This is a good basic wrench set for any type of project where you might be using nuts and bolts, like installing heavy-duty shelving.

  • The Craftsman 14-piece ¼-inch SAE ratchet and socket set is on sale for $14.98, 44% off its typical price. This set comes with deep sockets that are good for any project where you might need a ratchet for tightening nuts and bolts.

Cordless driver

The Craftsman 20-volt, ¼ inch drive cordless impact driver is on sale for $49, 60% off its regular price. This impact driver comes with a 20-volt battery and charger, and can be used with impact drill bits to drill holes as well as drive screws and other fasteners. This is a good basic tool for beginner home maintenance because it comes with the necessary components to get you started, although you will need to buy bits separately.

Hand tools

Craftsman hand tools are known for being durable and well-made, making them a good investment for your DIY toolkit. Here are some deals on hand tools for your home maintenance tool kit.

  • The Craftsman ratcheting screwdriver is on sale for $14.99, 38% off its regular price. It comes with six double-ended bits in various sizes to fit most standard Phillips head, flat head, star drive, and square drive hardware. This is a great driver for small jobs around the house, like door hardware maintenance.

  • Craftsman folding SAE hex wrench is on sale for $4.98, 40% off its usual price. This set of hex wrenches is useful for DIY home maintenance like tightening the set screws on furniture and knobs.

Blades

An oscillating multitool is rapidly becoming the most essential tool for home DIY projects because of its versatility and speed. If you rushed out to get one, you might have gotten it home only to realize you don’t have the right blade for it. Here are some deals on Craftsman oscillating tool blades from Amazon to cover a variety of DIY applications.

  • The Craftsman wood and metal oscillating tool blade 3-pack is on sale for $16.99, 58% off its typical price. These blades are rated for cutting wood or metal and are perfect for trimming out parts of wood furniture that could have nails or screws in them, and can be used to trim the corners on circular saw cuts in the corners where a curved saw blade can’t make a clean cut.

  • The Craftsman 3-piece multipack of oscillating tool blades is on sale for $13.99, 57% off its regular price. The set comes with one wood and metal blade, one PVC blade, and one scraper blade. This set will cover you for a wide variety of projects from cutting PVC for a DIY drip irrigation system to trimming screw tips that poke through your fencing.

NVIDIA and Foxconn are building an ’AI factory supercomputer’ in Taiwan

NVIDIA and Foxconn have teamed up to build what they are calling an AI factory supercomputer in Taiwan. The project, which NVIDIA announced at Computex, will “deliver state-of-the-art NVIDIA Blackwell infrastructure to researchers, startups and industries,” according to the company. NVIDIA is building a new local headquarters in Taiwan as well.

The supercomputer will be powered by 10,000 NVIDIA Blackwell GPUs. NVIDIA says the project will greatly increase the availability of AI computing and bolster local researchers and businesses. As it happens, the Taiwan National Science and Technology Council is investing in the project. It will offer the supercomputer’s AI cloud computing resources to those in its tech ecosystem.

“Our plan is to create an AI-focused industrial ecosystem in southern Taiwan,” Minister Wu Cheng-Wen of the council said in a statement. “We are focused on investing in innovative research, developing a strong AI industry and encouraging the everyday use of AI tools. Our ultimate goal is to create a smart AI island filled with smart cities, and we look forward to collaborating with NVIDIA and [Foxconn] to make this vision a reality.”

Foxconn, which is providing the supercomputer’s AI infrastructure through its Big Innovation Company subsidiary, will also use the system to further its work in smart cities, electric vehicles and manufacturing. For instance, it aims to optimize connected transportation systems and other “civil resources” in smart cities, and develop advanced driver-assistance and safety systems.

TSMC is looking to benefit from the project as well. The company’s researchers will tap into the supercomputer’s power in the hope of accelerating their R&D work.

NVIDIA made the announcement on the same day that it released its GeForce RTX 5060 GPU. We gave the RTX 5060 Ti a score of 85 in our review.

This article originally appeared on Engadget at https://www.engadget.com/ai/nvidia-and-foxconn-are-building-an-ai-factory-supercomputer-in-taiwan-145535818.html?src=rss

New South Wales Education Department Caught Unaware After Microsoft Teams Began Collecting Students’ Biometric Data

New submitter optical_phiber writes: In March 2025, the New South Wales (NSW) Department of Education discovered that Microsoft Teams had begun collecting students’ voice and facial biometric data without their prior knowledge. This occurred after Microsoft enabled a Teams feature called ‘voice and face enrollment’ by default, which creates biometric profiles to enhance meeting experiences and transcriptions via its CoPilot AI tool.

The NSW department learned of the data collection a month after it began and promptly disabled the feature and deleted the data within 24 hours. However, the department did not disclose how many individuals were affected or whether they were notified. Despite Microsoft’s policy of retaining data only while the user is enrolled and deleting it within 90 days of account deletion, privacy experts have raised serious concerns. Rys Farthing of Reset Tech Australia criticized the unnecessary collection of children’s data, warning of the long-term risks and calling for stronger protections.


Read more of this story at Slashdot.

Apple’s USB-C Magic Mouse is on sale for $68 for Memorial Day

Against all snowy odds, we have almost made it to the unofficial start of summer, Memorial Day. While that brings lots of barbecues and swimming, it also means a bunch of deals. Included in this years Memorial Day sales is the Apple Magic Mouse with a USB-C port. 

Right now, you can pick up the Apple Magic Mouse for $68, down from $79 — a 14 percent discount. The deal brings it to only $5 more than it’s all-time low price. Notably, this deal is only for the white model with a USB-C port. 

The Apple Magic Mouse is a solid wireless and rechargeable option to go with any of your Macs. It should pair automatically with the computer. Plus, one charge should last about a month and you can recharge it with an included woven USB-C Charge Cable. 

Check out our coverage of the best Apple deals for more discounts, and follow @EngadgetDeals on X for the latest tech deals and buying advice.

This article originally appeared on Engadget at https://www.engadget.com/deals/apples-usb-c-magic-mouse-is-on-sale-for-68-for-memorial-day-143823038.html?src=rss

Xiaomi’s XRing O1 10-Core Chip Looks Promsing In First Geekbench Cameo

Xiaomi's XRing O1 10-Core Chip Looks Promsing In First Geekbench Cameo
Xiaomi’s newly unveiled XRing O1 chipset has demonstrated promising performance in a couple of early Geekbench scores (when paired with the upcoming Xiaomi 15S Pro). At its best, the XRing O1 is shown to perform just as well as the Mediatek Dimensity 9400 and Qualcomm Snapdragon 8 Elite, but other results have the Xiaomi processor slotting

Emojis and GIFs Are About to Get Easier to Use on Android

The Gboard interface can be a lot. In addition to the keyboard, there are so many features stuffed inside this little utility that there’s a whole customizable toolbar on top of the keyboard to help you navigate them. And this kind of maximalist interface applies to the Emoji keyboard as well… or at least, it used to. Now, Google is finally doing something about it.

Google has starting rolling out a new beta redesign to the Emoji menu that makes it simpler to use, with a more categorized layout. Gone is the old “All” screen that showed all of your recently used emojis, customized Emoji Kitchen stickers, and GIFs all in one long, confusing list. And, with a little bit of sign up, you can experience this new approach right now.

Old Emoji tab design.
The old Emoji screen in Gboard.
Credit: 9to5Google

How to try out the new Emoji layout

Google’s new Gboard layout is currently in beta, which anyone on Android can sign up for (unfortunately, there is no beta for the iOS version of the app). Just head over to this Gboard beta link and click Become a Tester. Once you’re signed up, open the Play Store on your Android phone and go to the Gboard app. You’ll now have access to beta updates. Update the app and, once it’s installed, you’re good to go. You’ll have the new Emoji layout and all the new features that Gboard is testing.

How to use the new Emoji layout

Now, instead of opening the All screen, tapping Gboard’s Emoji button directly opens the new Emoji tab, which is just one of many. You can easily switch to other tabs like GIF and Stickers by tapping on them. To go back to the keyboard, you can either use the Back icon or the “ABC” button in the tab bar.

Here’s what the tabs look like.

Tabs in Emoji screen in Gboard.

Credit: Khamosh Pathak

The Emoji tab, which is the default, integrates both your regular Emojis and your Emoji Kitchen. You can choose two emojis to see automatic Emoji Kitchen suggestions at the top. Tap the Arrow icon to view more suggestions.

Emoji Tabs screen.

Credit: Khamosh Pathak

Next, you’ll see the GIF tab. This tab shows suggested GIFs by default, but you can tap the Clock icon to view your recently used GIFs. You can also use the Search bar to search for any GIF.

GIFs tab in Gboard.

Credit: Khamosh Pathak

The next tab is dedicated to Stickers. This is where you can explore sticker packs, view stickers that you’ve installed, and access your recently used stickers.

Stickers tab in Gboard.

Credit: Khamosh Pathak

The last two tabs are reserved for Kaomoji and the Bitmoji app.

Kaomoji tab in Emojis screen in Gboard.

Credit: Khamosh Pathak

The Kaomoji tab shows you a list of text based, simplified emojis, which you can use as an alternative to stickers or emojis. The Bitmoji tab, meanwhile, will only work if you have the Bitmoji app installed and have configured your Bitmoji avatar.

Buying A Nintendo Switch 2? Expand Its Storage With These MicroSD Express Cards

Buying A Nintendo Switch 2? Expand Its Storage With These MicroSD Express Cards
First things first—congrats to any of you who managed to preorder a Nintendo Switch 2 console ahead of its imminent retail release. For anyone who missed out, you’ll get another chance on launch day, or even the night before with Best Buy hosting a late-night launch event. Whether you secured a preorder or hope to snatch one on launch day,

Towing Car On Highway With Nothing But A Chain Goes Horrible Wrong (Or, How You’d Expect)

These are a couple videos from Houston of a man who broke down in his Saab and called his girlfriend to help him tow the vehicle, and the two attempting the tow with nothing but a chain. This broke the Saab’s axle, causing the car with the man inside to swing wildly across multiple lanes of traffic and smack the wall while the woman driving the SUV, presumably unfamiliar with rearview mirrors, never looks back to see the car waving like a flag in a hurricane and her boyfriend screaming “HOLY SH!T I’M GONNA DIE WHAT THE F**K IS WRONG WITH YOU STOP STOP STOP I KNEW I SHOULD HAVE DRIVEN!” Shockingly (and I think we can all agree, wrongfully), no tickets were issues for the incident, but the man was arrested on an out-of-state warrant. A solid reminder to always consider your outstanding warrants before doing something this stupid.

Two videos below, the first filmed by another motorist, the second from the sky.

The Out-of-Touch Adults’ Guide to Kid Culture: Kids Are Burning Their School Chromebooks

Welcome back to The Out of Touch Adult’s Guide to Kid Culture, your weekly reminder that the internet is raising children in ways no one understands. This week, we’ve got kids setting their laptops on fire for clicks, a clueless millennial stepping into a cultural and linguistic minefield, and chicken Alfredo (but make it R&B).

“Low GPA Activity” trend sees kids burning their laptops

In last week’s column, I explained the “low GPA activity” trend that was taking off on TikTok. To quote me: “It’s the kind of trend that went from funny to a little harmful quickly, so check out these videos now, before TikTok bans the entire genre.”

I must be psychic, because the trend that started with cafeteria sculptures has literally caught on fire: Kids are setting their school-issued Chromebooks alight, then posting videos like this:

Unlike many past sensationalized reports of dangerous online trends, this one seems real. Kids burning their laptops have been reported all over the country, and there are at least two cases of laptop arsonists facing charges. It’s important to note, though, that this is a small number of kids we’re talking about.

There are three flavors of laptop destruction: The more gentle kind involves “stress testing” a laptop by throwing it around some. Kids took that further by forcing staples, paperclips, or other metal objects into their Chromebook’s ports to short it out and produce smoke. The trend’s final form is puncturing the lithium batteries in their laptops to release toxic smoke and/or start a fire.

Despite the news reports, I don’t think it’s entirely accurate to blame these fires on an “online challenge” or a meme. I still vaguely remember how the last days of a teenage school year felt; when things slowed down enough for you to start seeing what a sham everything is, back when that was a dismal revelation instead of something you’d learned to deal with. My response was putting on some Alice Cooper or watching Rock ‘n Roll High School, but only because I didn’t have a laptop to burn.

Gen A slang speech stirs online controversy

Xiaomanyc is a 34 year old YouTuber best known for videos where he speaks different languages with fans and followers all over the world. But a recent speech at a high school proved contentious for this non-controversial streamer. Xiaomanyc chose to deliver the speech about the “Gen Alpha dialect of English.” It was clearly meant to be lighthearted, as you can see from the video below:


This Tweet is currently unavailable. It might be loading or has been removed.

But he’s inadvertently touched a cultural third rail, particularly to young people. Most of the kids there seemed to like the speech, but some definitely did not. Online types weighed in with their own disapproval. As @hennytwote put it on X:


This Tweet is currently unavailable. It might be loading or has been removed.

He went on to lay out the issue: “Being a polyglot who studies linguistics and failing to recognize the sociological overlaps of your field that basically have you micro-aggressing Black members of your audience is actually so fucking funny to me. White people are insane.”

“It’s literally just Black slang. What is it with ⚪️ people and erasure? It’s so off putting,” posted X user @Santawave.

It’s certainly a fair point, but a lot of the slang used by Xiaomanyc (and Gen A itself) didn’t originate with AAVE. For instance, “giga-chad” and “mog” come from very-online communities’ message-board speak. “Chud” comes from the movie C.H.U.D., and I doubt any Black person wants to take credit for “Skibidi Toilet.” More importantly, even if you have valid concerns about how other people use words, language doesn’t care; it’s a magpie that takes whatever’s shiny.

(If you want to translate some Alpha-speak with both AAVE and other origins, check out my glossary: ‘Aura Farming,’ ‘Huzz,’ and Other Gen Z and Gen Alpha Slang You Might Need Help Decoding.)

What is a “paypig?”

“Paypig” is slang that originated from the BDSM community. It refers to the submissive in a financially dominant lifestyle. So basically submissive dudes (usually) who are aroused by giving money to people who are financially dominant, aka “findoms.” (Capitalism calls them “consumers.”) I bring this up to point to a growing niche of TikTok users who are teaching each other how to find paypigs, giving out their Cash App name for anyone who wants to send a few ducats, and populating hashtags like #findomme and #paypig.

What is “chicken Alfredo boomerang” music?

This phrase is only understood by hyper-online music stans. It needs to be taken apart to be understood by mortals/people who have to work. “Boomerang” here refers to the looping feature on Instagram of that name. Chicken Alfredo refers to the meal, but when you put them together, “chicken Alfredo boomerang” music refers to the weakass R&B someone might put behind an Instagram post of their dinner at a mid-scale restaurant. Referring to commercially released music like this is, obviously, an insult.

Other extremely-specific musical insults include “reheating your own nachos,” “co-worker music” (music a lame co-worker might be playing), and “Love Island music,” (the music that plays when a couple fights during an episode of Love Island).

What is “The 2020 effect?”

The 2020 effect is a TikTok meme where users post videos that seems to show a brighter, more colorful world, as if the darkness of the pandemic years that began in 2020 is finally lifting and the angels in heaven or whatever turned up the saturation. There’s often a reference to the graphics being corrected, but in a metaphorical sense, as you can see in this video:

Or a reference to the last time things looked so bright:

I don’t know if it means anything, but it’s nice that a hopeful, optimistic trend is catching on.

Viral video of the week: I spent $10,000 on Kickstarter Tech

In this week’s viral video, genial tech streamer Mrwhosetheboss illustrates the hope and heartbreak of anyone who is into cutting edge gear. It’s one of those YouTube video where someone does a ridiculous thing that we all want to do, before good sense prevents us from actually doing it. Like, say, buying over-promised tech items on Kickstarter just to see what they send. Like the title says, Mr. Whose spent ten grand on products so advanced they didn’t even exist when he bought them, like a solar powered charging base, an AI-assisted pillow, and a USB powered, robotic desk-pet. No spoilers, but the results are mixed, with some products being flat-out vapor-scams, some being kind of OK, I guess, and some delivering on the promises of their Kickstarter campaigns.

Thoughts About the Evolution of Mainstream Macroeconomics Over the Last 40 Years

Abstract of a paper featured on NBER: This year marks the 40th anniversary of the NBER Macro Annual Conference, founded in 1986. This paper reviews the evolution of mainstream macroeconomics since then. It presents my views, informed by a survey of a number of researchers who have made important contributions to the field. I develop two main arguments.

The first is that, starting from strikingly different positions, there has been substantial convergence, in terms of methodology, architecture, and main mechanisms. Methodology: Explicit micro foundations, explicit treatment of distortions, with, at the same time, an increased willingness to deviate from rational expectations, neoclassical utility and profit maximization. Architecture: The wide acceptance of nominal rigidities as an essential distortion, although with mixed feelings. Mechanisms: The wide nature of the shocks to both the demand and the supply side.

The second is that this convergence has been, for the most part, good convergence, i.e. the creation of a generally accepted conceptual and analytical structure, a core to which additional distortions can be added, allowing for discussions and integration of new ideas and evidence, rather than fights about basic methodology. Not everything is right however, with too much emphasis on general equilibrium implications from the start, rather than, first, on partial equilibrium analysis of the phenomenon at hand.


Read more of this story at Slashdot.