by Brad Stone ‧ RELEASE DATE: Jan. 31, 2017
Despite patches of gee-whiz formulaic prose (“the Airbnb marketplace had the most incredible structural momentum that many...
Celebratory biography of the upstart companies that regulators love to hate.
It was just eight years ago that Barack Obama was sworn into the presidency for his first term, a time of newborn hope in the heart of a grim depression. Enter an air mattress, a couple of smart youngsters, and the realization that unused guest rooms could be leveraged into extra bucks, and you have a new player in the service economy: Airbnb. You also have, writes Bloomberg News senior executive editor Stone (The Everything Store: Jeff Bezos and the Age of Amazon, 2013, etc.), a mess of controversy: housing costs go up, desirable neighborhoods get more crowded, hotels that pay their taxes go unfilled as guerrilla operators offer cheaper alternatives. In all this, there’s the new middleman, those smart youngsters. The same story plays out with the rise of Uber, which turns every driver into a potential cabbie. Stone charts the transformation of Silicon Valley since 2008, and he writes winningly of how people with good—commercially if not ethically—ideas can take them from inspiration to reality. In this aspect alone, the book makes highly useful reading for budding entrepreneurs, who should also take Stone’s point that the winners in this Darwinian struggle were the players who studied the market exhaustively to figure out just the right angle of entry. Granted, in this anecdotally driven account, there is also plenty to pepper the ire of anyone who’s not on board with the thought that a speculator, alive with realization of “lost utility,” can build a robust economy on the backs of others alone. And, as the author notes, these new Silicon Valley firms seem to represent “the overweening hubris of the techno-elite” as much as they represent a disruption of the service sector.
Despite patches of gee-whiz formulaic prose (“the Airbnb marketplace had the most incredible structural momentum that many of the company’s investors and executives had ever seen”), Stone’s account is illuminating reading for the business-minded.Pub Date: Jan. 31, 2017
ISBN: 978-0-316-38839-9
Page Count: 384
Publisher: Little, Brown
Review Posted Online: Dec. 18, 2016
Kirkus Reviews Issue: Jan. 1, 2017
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by Carlo Rovelli ; translated by Simon Carnell & Erica Segre ‧ RELEASE DATE: March 1, 2016
An intriguing meditation on the nature of the universe and our attempts to understand it that should appeal to both...
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Italian theoretical physicist Rovelli (General Relativity: The Most Beautiful of Theories, 2015, etc.) shares his thoughts on the broader scientific and philosophical implications of the great revolution that has taken place over the past century.
These seven lessons, which first appeared as articles in the Sunday supplement of the Italian newspaper Sole 24 Ore, are addressed to readers with little knowledge of physics. In less than 100 pages, the author, who teaches physics in both France and the United States, cogently covers the great accomplishments of the past and the open questions still baffling physicists today. In the first lesson, he focuses on Einstein's theory of general relativity. He describes Einstein's recognition that gravity "is not diffused through space [but] is that space itself" as "a stroke of pure genius." In the second lesson, Rovelli deals with the puzzling features of quantum physics that challenge our picture of reality. In the remaining sections, the author introduces the constant fluctuations of atoms, the granular nature of space, and more. "It is hardly surprising that there are more things in heaven and earth, dear reader, than have been dreamed of in our philosophy—or in our physics,” he writes. Rovelli also discusses the issues raised in loop quantum gravity, a theory that he co-developed. These issues lead to his extraordinary claim that the passage of time is not fundamental but rather derived from the granular nature of space. The author suggests that there have been two separate pathways throughout human history: mythology and the accumulation of knowledge through observation. He believes that scientists today share the same curiosity about nature exhibited by early man.
An intriguing meditation on the nature of the universe and our attempts to understand it that should appeal to both scientists and general readers.Pub Date: March 1, 2016
ISBN: 978-0-399-18441-3
Page Count: 96
Publisher: Riverhead
Review Posted Online: Dec. 7, 2015
Kirkus Reviews Issue: Dec. 15, 2015
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by Carlo Rovelli ; translated by Marion Lignana Rosenberg
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by Carlo Rovelli ; translated by Erica Segre & Simon Carnell
by Rebecca Henderson ‧ RELEASE DATE: May 1, 2020
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.
A well-constructed critique of an economic system that, by the author’s account, is a driver of the world’s destruction.
Harvard Business School professor Henderson vigorously questions the bromide that “management’s only duty is to maximize shareholder value,” a notion advanced by Milton Friedman and accepted uncritically in business schools ever since. By that logic, writes the author, there is no reason why corporations should not fish out the oceans, raise drug prices, militate against public education (since it costs tax money), and otherwise behave ruinously and anti-socially. Many do, even though an alternative theory of business organization argues that corporations and society should enjoy a symbiotic relationship of mutual benefit, which includes corporate investment in what economists call public goods. Given that the history of humankind is “the story of our increasing ability to cooperate at larger and larger scales,” one would hope that in the face of environmental degradation and other threats, we might adopt the symbiotic model rather than the winner-take-all one. Problems abound, of course, including that of the “free rider,” the corporation that takes the benefits from collaborative agreements but does none of the work. Henderson examines case studies such as a large food company that emphasized environmentally responsible production and in turn built “purpose-led, sustainable living brands” and otherwise led the way in increasing shareholder value by reducing risk while building demand. The author argues that the “short-termism” that dominates corporate thinking needs to be adjusted to a longer view even though the larger problem might be better characterized as “failure of information.” Henderson closes with a set of prescriptions for bringing a more equitable economics to the personal level, one that, among other things, asks us to step outside routine—eat less meat, drive less—and become active in forcing corporations (and politicians) to be better citizens.
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.Pub Date: May 1, 2020
ISBN: 978-1-5417-3015-1
Page Count: 336
Publisher: PublicAffairs
Review Posted Online: Feb. 16, 2020
Kirkus Reviews Issue: March 15, 2020
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