cbaxter

When I initially saw the iPad, I thought it was a big iPhone and balked at the idea that it was running iPhone OS (now iOS) instead of MacOS. Granted, the hardware looked great, but I did not see how it would fit in with my everyday life.

After spending a week with one, I can now say that I get it. It is my “go to” device for surfing the web, responding to email and — apparently, with a dock and bluetooth keyboard — blogging. Interacting with websites through a larger touchscreen is a dream and, with a solid battery life and almost instant boot from sleep to Safari, it’s much easier than pulling open the laptop.

The Apps are great, as well (specifically Scrabble) — but I expect to see a lot of improvement here. I really like the media applications (BBC, Reuters, Wired), but don’t like the lack on any social features — e.g. they are like static print and lack the ability to share or email…so I’m on the websites a lot still.

Overall, it’s a great user experience and really fun device. Essential? No. But that doesn’t mean Apple won’t sell tens of millions to happy customers. I’m looking forward to upgrading iOS 4 (and backgrounding) this Fall.

I have been using Kiva for the last week and it has been a great experience. I am clearly a bit late to the game signing up, but I had to give it a try. For the few who may not know, Kiva is a micro-lender of sorts that facilitates peer-to-peer lending for emerging market entrepreneurs – coupled with a personal and comprehensive website. I love both the business model (even though it has been under pressure lately) and the mission. I remain convinced that the private sector is the best way to alleviate poverty globally.

So far, I have two micro-loans outstanding (one in Peru and one in Costa Rica) — see below for a screen shot. I’m currently covering Latin America and the Caribbean at my day job, so I have a slight geographic preference for where I am looking for development. One of the entrepreneurs sells popcorn, the other raises cattle. One loan is currently in pay-pack, the other is still fundraising. I’m already excited to get my loans back, so that I can lend them out again…more likely, which is great for Kiva, I will just add more money into the system.

Now, clearly emerging market lending is risky, so how is this actually achievable? My understanding is that Kiva is essentially refinancing the micro-finance lenders, who actually clear and book the loans in advance. So, while my actual dollars may not always go these specific entrepreneurs at funding the close, it is still a wonderful concept that effectively facilitates capital into the private sector.

So far, all is well in Kingston, Jamaica. On a whim, I decided to rent a car and drive up to Ochos Rios this weekend. This plan soon fizzled when a colleague “strongly suggested” I not do that until I am more adjusted — apparently driving in the countryside is a bit sporadic. Instead, I opted for the 6am shuttle from Knutsford Express, which runs a direct service to the North Coast for about $15. Definitely a crazy experience — as the bus cruised around hairpin turns, past jungle rivers and over mountains. Driving rules are clearly relaxed, with lines of cars passing you at 60 miles an hour on a winding, two lane mountain road. They delivered me safe and sound about two hours later. 

Ochos Rios is definitely more tourist geared than Kingston, which is a rough commerce center. I spent the weekend at the Jamaican Grand: an all-inclusive beach hotel. Definitely enjoyed it…good food, great weather and relaxing. Also realized that I am a growing fan of (i) jerk chicken and (ii) toasted almond drinks. There a few tourist spots in the area (Dunns River Falls, Dolphin Swimming and the Jungle Excursions, among others). I jumped a shuttle to the waterfall and had a good time trekking up. I’m always surprised at the lack of any “safeguards” in the emerging vs. the developed countries; clearly a direct function of lawyers per capita. If this had been in the US, there would have been harnesses and ropes…instead it was, “no problem, mon — just climb”…good times.

It would look like this. All the time.

For reasons I have yet to discover, I took up an opportunity from my employer (a known multinational investment fund) to do some work on the ground in the Caribbean. Before I knew it, the wheels of the plan were skipping along the runway in Kingston, Jamaica. I’ve only been down here a few days, so I am definitely still in the “ridiculously paranoid” stage, considering this little town remains as one of the murder capitals of the world. So far, no incidents!

My first few days have not been too exciting, in fact. It’s a few blocks from the apartments to the office, great weather and some really interesting work. Settling, as always, has proven challenging. For example, I went to take a shower and all the water smelled like rotten eggs. We are talking “full on gagging trying to run the taps” kind of smell. Luckily, it was fixable by switching off the water heater for a bit (phew). I’m also learning my way around Skype, which works really well on both my laptop and iPhone. The .02 cents to the US is also cheaper than the $3.00 roaming that blackberry wants.

We’ll see how everything plays out. I’ll pick up a car this weekend and make way to the North of the island; I’m thinking a bit of golf and maybe some beaching in Ochos Rios. I’ll keep you posted as this situation unfolds.

Well, it appears I’ll be moving in a few weeks as school is officially almost done. As a first step, I’m unloading some furniture on Craigslist, which is always a fun experience for me. Selling stuff online is a sure way to meet some interesting folk in the area. The first to go was my bookshelf, which was apparently a big hit on the classifieds scene, as the local IKEA outfit has been stocked out of the item for a few months now…but this is on tangent to the topic at hand.

Pulling back, in order to prepare for the eager buyer (who was very excited for his upcoming holiday to Cyprus), I took down all my books and various other items (RC helicopter, RC tank, Tickle-Me-Elmo, etc.) to get ready for the big dis-assembly. Looking at the piles of books on the floor, I decided that a shelf probably wasn’t the best place to keep these old friends – there are many that I’ve reread, but I’m getting more attached to the world of Kindle and the ever-lighter ebook.

This time around, instead of stuffing them directly into the land of cardboard houses filled with snowy peanuts, I first took the ISDNs and dropped them into Google’s My Library. I’ve now indexed just over 90 books (some with free content, others with no content) into the system and feel more comfortable keeping these “old media” buddies in the box a bit longer than usual.

The logical next step was to port this into Amazon, where I’ll be able to rate / comment on the books, giving them the content they need to make recommendations on future reads. Also, I assume they will have no problem with selling me digital versions of the books along with the proprietary Kindle (just like Apple did with my songs and the iPod), although I’m still not a fan of their hardware just yet.

I’m excited for the possibilities of digitized libraries, social highlighting / note taking, and the ability to rapidly access and share this information in the future. To borrow words from Ray and Fahrenheit 451, “Somewhere the saving and putting away had to begin again and someone had to do the saving and the keeping, one way or another, in books, in records, in people’s heads, any way at all so long as it was safe, free from moths, silverfish, rust and dry-rot, and men with matches.”

EDIT: It’s official. My awesome girlfriend got me a Kindle 2, so I’m almost 100% off the paper books. I’m definitely loving it and the software link to Amazon is great. I’ll review the whole experience in  more detail another time.

This clipping from a professor (c. 1994) is classic. It cuts right to the root of flaws in our educational system. Granted, I am biased to my own experience, but I found the public system of lectures, bells and repercussions to be suffocating. It may have changed since, but I doubt it. This conditioning was ideal when graduates would leave for lifetime employment at a nine-to-five job that rewarded passive obedience. Unfortunately, the industrial era has long-ago passed and with it went the ability to hide behind the facade of smiles and nods. If we are again to succeed, companies need strong minds who are innovative and not fearful of expressing opinions. Granted education reform, no matter what form, mimics turning a battleship in unsteady seas, but I would like to see more entrepreneurship and creativity encouraged. We need more innovation, with that we can build the drones.

The deflation of the housing bubble (which was fueled by low rates and relaxed lending standards) triggered the current financial crisis and is now impacting Main Street through deteriorating consumer confidence.

Falling home prices are a sure way to turn consumer spending levels toxic, but I think it is more than fiscal conservatism that is triggering decisions. I took a quick look at median home prices (and the year-on-year increases) and compared the gains to the average household income.

The average consumer trend for the last 5-10 years has been to live comfortably, and then refinance surplus debt (credit cards, auto-loans, etc) into the home mortgage. As the mentality that home prices will always go up persisted, it became easier for consumers to associate home gains as additional household income that could be captured through refinancing.

Although based on wide assumptions, the table below shows that consumer incomes were 10-20% higher due to average home price appreciation. This is compounded for people who purchased more expensive homes at higher multiples of their income levels.

Not only has the fall in home prices cut consumer wealth, but it has erased the homeowner’s ability to supplement their household income by tapping into home equity gains.

Until home prices stabilize / appreciate, I don’t see how the economy can increase household income levels by the c. 20% that was provided by home appreciation. Following this logic, I don’t see how consumer companies can capture the domestic earnings to get their prices back up.

This afternoon I took a shot at building some elements of Facebook Connect into this site. Overall, it was a fairly painless process and I think the results are pretty cool.  To borrow Facebook’s language, Connect lets you:

• Seamlessly “connect” their Facebook account and information with your site
• Connect and find their friends who also use your site
• Share information and actions on your site with their friends on Facebook

In easier language, it means that this site can now recognize visitors by their Facebook profile (if allowed) and (if wanted) can now distribute information back to their profiles. For example, if you comment here you can elect to publish comments back to your newsfeed in Facebook. You can also invite friends to this community, share content back with Facebook, etc. This particular blog is running on WordPress, so I used  a plugin developed by Sociable! to get it up and running. Their documentation covers the main steps, but to highlight some points:

1. Navigate to Facebook Developer and create a new application. Make note of the API and Secret keys (needed later), set the callback URL to your website (e.g. this site is www.christianbaxter.com) and change the logo pictures.
2. Extract the plugin and load it to the plugin folder
3. Activate, select options to enable and add the keys
4. Add the Community widget to the sidebar

I’m pretty impressed with the results. On arrival, the community widget offers users the option to login via Facebook (or another method). If they login, it registers them to the community and ties into their Facebook account, with permission. From there, users can invite people to the community, easily share content back and enable the option to post comments back. I haven’t enabled the comment system because I’m still using Disqus to manage comments on this  blog (love the email features). They have synced up with Connect as well, so it should be work through their systems for now (possibly needed another login though). We can expect Facebook to continue pushing the Connect platform with more capability and features. They have the value of the strongest (my opinion) social framework to offer websites and a set of applications that will be useful outside of the walled garden.

Tags: facebook, Wordpress