Summation
with Auren Hoffman
month of January, 2001

Summation Push

Auren Hoffman's Summation Push for January, 2001

This issue:

* My Brother and His Generation

* Overcoming Being a Saver

* Invading Ads at Ruby’s

* Response: Kozmo.com

* Friends of Auren

* Summation Push Pick Links

 

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NOTE FROM THE AUTHOR:

 

Summation has been on sabbatical since January 2000 (http://www.summation.net/Push000123.html).  But now we are back and I hope you can expect a monthly push of Summation.

 

- Auren

 

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MY BROTHER AND HIS GENERATION

 

I marvel at how much my brother's generation knows about computers and the Internet.

The difference between how i grew up and how he grew up (he is 20) is amazing.  He grew up with computers and owned a computer at an early age. Though I always wanted one, I didn't get my first computer until I graduated from high school (a Mac Classic).

My brother runs a Linux server out of his fraternity room, programs with ease, sets up firewalls, email servers, DNS machines, and stays on top of all the technological developments.  All of this is self-taught.  And he's not alone – many of his friends are the same way.  The thing Internet pundit Don Tapscott said about Generation Lap is true.  In the 1960s we heard about the Generation Gap between parents and kids.  Today, we have a Generation Lap – where the kids are lapping the parents in what is one of the most important drivers of our economy -- technology.  For the first time in human history, the 14-year-old at home knows more than her 45-year-old parent about one of the major economic drivers of our time.

The funny thing is that the 14 year old probably also knows more about stocks and Wall Street than their parents (my brother recently helped my mom open a mutual fund, trade stocks, and manage a portfolio to get better than a CD return).

This new generation of kids who will be graduating from college shortly are truly amazing.  My brother, because he has his ear to the ground, always knows more about the new hottest things first.  When he was in high school he told me about MP3s before anyone ever heard of them.  He later told me about Napster before it was cool.  My brother is my secret weapon in staying current on the industry.  When he graduates, I am going to have to adopt another sibling to stay abreast of the latest developments.

The interesting relevance is how this is going to affect the labor pool.  As you know, we are going to see a big decline in the number of 30-45 year olds in the job market because of population trends (in the early 1970s, fewer kids per capita were born than in any other time in out nation's history).  Traditionally this has been the age group that drives the economy.  However, the question is will these new workers with super technical skills be able to take up the slack that more experienced workers have traditionally done in the past?

Only time will tell.

 

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OVERCOMING BEING A SAVER

 

I've been saving my bank records since I was in junior high school.  I've been saving credit card records since I got my first Citibank Visa at the age of18.  These records have been living in file boxes in the back of my closet and I've never needed to look at any of them or check them.  And besides, I have copies of all these records electronically now.  Last week, I trashed all of my old bank statements, insurance papers, credit card bills, phone bills, and more.

 

Junking my junk was very liberating.  I'll never use my junk or look at it. 

 

Now, I can't even imagine what possessed me to save all those pieces of paper for all these years. 

 

(Your thoughts?  Write auren@summation.net)

 

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INVADING ADS AT RUBY'S

 

I went to Ruby's restaurant, an old-fashioned hamburger and milkshake place in Southern California.  I sat down to my huge avocado burger and strawberry-banana milkshake and happened to gaze upon their walls and see hundreds of advertisements for Coca-Cola. 

 

These ads were very tasteful and in the 1950's style, but they were clearly advertisements and not art.  They told me to "Drink Coke" and I started to feel guilty that my milkshake was not supporting the cause. 

 

Ruby's must get their soft drinks really cheap or have some alternative revenue sources through advertising.  So this got me thinking -- ads really are everywhere.  If they can be all over restaurants, where else might they be?

 

Last month I spoke in New York at the Windows on the World restaurant (in the World Trade Center).  So I went searching for ads and had a tough time finding them.  I was speaking at a Goldman Sachs business services conference and started searching my conference bag for ads – I kept coming up short.

 

I then went to the Windows on the World restaurant attendant and asked to see the Coke advertisements.  The waitress looked at me funny, smiled, and called security.  OK, I embellished a little -- she didn't smile.

 

Back at the hotel, I searched my room and found the hotel guide that was sprinkled with tasteful ads -- not the blatant advertisements I was looking for.  Then I looked at the paintings on the wall.  One was of a mountain that looked suspiciously like a Coors ad.  Another painting was abstract and I swore I saw a Nike swoosh in there. 

 

My favorite ads are on the 101 in the San Francisco Bay Area.  There is a billboard every 5 feet and only a few of them make any sense.  And since there are so many, it overkills me when I drive and I never remember any of them.  But I do always remember the big ugly ground sign for "South San Francisco" when going north on 101.

 

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Last Summation we discussed Kozmo's Y2K error.  Jason [Jason@questionexchange.com] writes an altruistic remark:

 

"Kozmo is the best service in the world.  Who cares if they overcharged people?  I feel bad purchasing stuff from them at such low cost anyhow."

 

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FRIENDS OF AUREN

 

[this section updates you an interesting person that is a member of Auren Inc]

 

 

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(Got a good idea?  Write auren@summation.net)

 

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THIS WEEK'S SUMMATION PUSH PICK LINKS:

 

* NewsHour with Jim Lehrer (http://www.pbs.org/newshour/video/index.html) -- when you are at work and you need your PBS fix, here it is.

* Art of Prank Calls (http://www.franksworld.com/pranks/).

* Wiretap (http://www0.mercurycenter.com/svtech/columns/wiretap/) -- the most-read twice-weekly column by Peter Delevett
* Get a Free House now! -- (http://www.summation.net/freehouses/) -- Is free stuff getting ridiculous? Get a free house.
* What am I reading? The Hoffman Reading List (http://www.summation.net/reading.html)

NOTE: Auren Hoffman works for BridgePath.com but the opinions expressed herein are solely those of Mr. Hoffman.

NOTE: You may reprint in full or in part (for free) with permission from author.

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