Brave New World for Readers and Writers

THE NEW YORKER ONLINE ONLY

JANUARY 22, 2013
THE BOOK OF THE FUTURE, SLICED AND DICED
POSTED BY BETSY MORAIS

At the Digital Book World conference, held in New York last week, one could hardly pass muster by holding up a stack of pages bound together. The crowd’s sensibility was more conceptual; the word that filled the air was “content.” This was a fairground for companies like Innodata, DigiServ, Biztegra, and Datamatics, with booths snaking through the hallways of the Hilton Hotel. They passed out business cards and flowcharts, decked out with spritely taglines: “Unleash your inner book ~ just $99.” In a conference room, Linda Holliday, the C.E.O. of a digital publishing company called Semi-Linear, leaned against a presenter’s table, having just wrapped up a panel discussion on “Making Content Searchable, Findable, and Shareable.” She spoke in an excited stream. “A book is an amount of knowledge that I feel good about finishing,” she told me. “A book is a clump of knowledge that goes together.”

“Look at a book as a bag of words,” suggested Matt MacInnis, another panelist, who had been working on education projects at Apple before forming an interactive-book company called Inkling. “Bag of words,” he pointed out, is a computer-science term: a model by which a machine represents natural language. “Computers are terrible at natural language,” he said. “Humans are shitty at multiplication and division.” For a reader searching the Internet for information, he explained, “the word rank is going to be terrible for a bag of words of book length.” But a book that is broken up into component parts would show up higher in an online search result, because each discrete section coheres around a single idea, which can be tagged, indexed, and referenced by other sites. This is known in the business as “link juice.”

During the conference, on Wednesday, Inkling announced it was launching a new “Content Discovery Platform,” which would draw searchers from Google into broken-off sections of a book. They’ve divided about four hundred titles into one hundred and fifty thousand indexed “cards,” as they’re called—hacked-up book parts organized into key topics. Readers who reach a card through Google can click around on a limited basis. From there, individual cards are available for purchase—and link out to the rest of the chapter, or the whole book. MacInnis explained this to the audience: “We delude them”—customers—“into believing that they’re in a book. They’re in a Web page.” There was a ripple of laughter, cut off by the moderator, who asked, expectantly, “But you want to sell them a book?” “We’ll sell them a book,” said MacInnis. “Or a cow. Or a monkey. We’ll sell them the content.”

When I first spoke to MacInnis, several months ago, he told me that today’s digital shelves are the equivalent of a “mechanized horse and carriage.” “What they’re selling is essentially a book,” he said. “They haven’t added anything. Who cares?” He described his approach to publishing as a shift “from being a book to being software. I don’t know where that line is, but I think we’ve already crossed it.” Around that time, Holliday’s company came out with a publishing platform called Citia, which breaks up a book into modules, pared down, CliffsNotes-style, “without so many illustrative examples,” she said. Citia has two book-chunk collections on the market now—“What Technology Wants” and “Predictably Irrational”—with a few more in the works. Speaking on the panel, Holliday threw up her hands, wishing to dispel “the myth that a book is a straight line, or a string of pages,” as publishers see it. “Nonfiction is a constellation of ideas that you have to string into a straight line,” she said. Holliday envisions a Pinterest-type board, where readers could post their favorite cards. “They might read pieces of hundreds of thousands of books, and not one whole book,” she said. “Is that so bad?”

MacInnis, Holliday, and others on the panel were quick to emphasize that they give their attention to nonfiction. In particular, MacInnis said, “we focus on content that people use. You don’t use ‘Fifty Shades of Grey.’” He paused, letting the joke sink in. Inkling’s titles include textbooks, how-to guides, and cookbooks. “Tasting Beer,” displayed on one of Inkling’s iPad stations, in its booth at the D.B.W. Expo, begins, “The history of beer is a wide and deeply fascinating subject and deserves a great deal more attention than I’m going to be able to give it in this short chapter.” There is more to nonfiction than a mash of facts, after all. A hand shot up in the back of the audience: “What do you think about the impact on readers?” “Curiosity is gasoline,” Holliday said. If you change the way you assemble a book, “everything sparks some kind of curious sidebar.” “Organize the Internet in the way the human brain operates,” MacInnis added. “You can enter at just the point you want, and that, to me, is the point of this structure.”

Often, in this bright future of the book, what you get is something more like a book in its nascent stages. Cards with disparate facts, details, ideas—they are, essentially, notes. Holliday told me that when she pitches Citia to writers, they say, “This is how I work.” Each stack of digital files—tagged with search terms, scattered across the Web—can be redistributed as fragments from a book-as-mothership, to which a reader might never return. So what happens to writing? “Some people are such great writers,” Holliday said, dreamily. “Like Steven Pinker. I could read every word he writes.” She has been in touch with him about doing a series of book cards for Citia. “He said he would want to write his own. And I was like, great!”

Illustration by Olimpia Zagnoli

KEYWORDS BOOKS; DIGITAL READING

Read more: http://www.newyorker.com/online/blogs/books/2013/01/the-book-of-the-future-sliced-and-diced.html#ixzz2JBfhMD4X

Finally, A Repulican Politician Who Gets It

22 hours ago
Jindal urges GOP to stop being ‘stupid’
Posted by
CNN’s Gregory Wallace
(CNN) – “We must stop being the stupid party.” “We must stop looking backward.” “We must stop insulting the intelligence of voters.”

Gov. Bobby Jindal held little back with his sharp words to Republicans Thursday evening, urging his own party to rethink their arguments against Democrats and appeals to voters in his remarks to party members attending the Republican National Committee’s Winter Meeting.

“We seem to have an obsession with government bookkeeping,” he told party members. “We as Republicans have to accept that government number crunching – even conservative number crunching – is not the answer to our nation’s problems.”

Instead of being the “party of austerity,” Jindal said, Republicans must “boldly show what the future can look like with the free-market policies that we believe in.”

“We must compete for every single vote: the 47 percent and the 53 percent and any other combination of numbers that adds up to 100 percent,” he said, notably invoking comments 2012 Republican presidential nominee Mitt Romney made at a closed-door fundraiser about a bloc of voters who would not consider GOP candidates.

He also spoke out against those and other “completely unhelpful” comments from Romney in a November interview with CNN. In that interview, he signaled one of the seven points for the Republican Party’s future which he laid out Thursday: “The first step in getting the voters to like you is to demonstrate that you like them,” he explained Thursday.

Republicans “must reject the notion that demography is destiny, the pathetic and simplistic notion that skin pigmentation dictates voter behavior. We must treat all people as individuals rather than as members of special interest groups,” he said.

The Louisianan’s remarks further positioned himself as a forward-looking voice among the Republicans thought to have their eye on a White House bid in 2016. RNC Chairman Reince Priebus has directed a five-member panel known as the “Growth and Opportunity Project” to identify winning political strategies for the future, particularly in the area of minority outreach.

Jindal’s remarks were laced with criticism of and laugh lines at the expense of Democrats, such as “Which of you wants to sign up to help manage the slow decline of the United States of America? I sure don’t. That’s what we have Democrats for.”

He blasted the economic stimulus programs of President Barack Obama’s administration, invoking Solyndra when he said: “You can’t hire enough government workers or give enough taxpayer money to your friends who own green energy companies to create prosperity.”

But he was also distinctly blunt with his appraisal of the GOP.

Republicans have not only lost elections, he said, but lost issue arguments with Democrats.

“At present we have one party that wants to be in charge of the federal government so they can expand it, and one party that wants to be in charge of the federal government so they can get it under control,” he said, referring first to Democrats and then Republicans. “It’s a terrible debate, it’s a debate fought entirely on our opponents’ terms.”

Jindal allowed that his thoughts “may challenge your assumptions.”

“We must shift the eye line and the ambition of our conservative movement away from managing government and toward the mission of growth,” he said.

Republicans must move, he said, beyond a notion of “if we can just put together a spreadsheet and a power point and a TV ad, all will be well.”

Jindal was elected last year to lead the Republican Governor’s Association.

Priebus will be up for re-election as RNC chairman on Friday.

“I don’t think you should use that whole ORCA thing for your election tomorrow,” Jindal joked, referring to the Romney campaign voter turnout technology which was reportedly plagued with glitches on Election Day.

– CNN Political Director Mark Preston contributed to this report

Coming Developments in Technology

2013 in tech: the Guardian’s Digital Development team’s predictions
With the first month of the year almost over, the Guardian’s Digital Development team offer their thoughts and predictions on what the year will bring us in technology, gadgets and business

With the new year in full swing, we thought it was time for the Guardian’s Digital Development department to offer up a few predictions and thoughts on what might happen in technology over the rest of 2013. We’ve pulled together some observations, expectations and opinionated rants, giving you a flavour of what our team thinks the next twelve months could offer us. We put it together through a rapid-fire exchange internally. So without further ado, here’s our thoughts for 2013.

Wearable technology and other gadgets

Wearable technology in action (photo by Aaron Parecki)
Several people mentioned Google Glass, the wondergadget of much speculation. QA Neal Madlani suggested that Glass, alongside other “wearable tech” items like Pebble (a customisable watch), could be big for 2013, a prediction backed up by Head of QA James Murphy and developers Andrew Mason, Nicholas Tollervey and Michael Brunton-Spall. Michael added “While it’s easy to pass off Google Glass as being merely a toy, I suspect that as we learn more about it, the developer interest in it is going to skyrocket”. Client-side developer Patrick Hamann was less convinced, though, putting “wearable computing” on his list of things he felt 2013 “will not be” the year of (along with Firefox OS and Ubuntu for phones).

Other gadgets abound: developer Justin Pinner suggested flexible screens and 3D printing as tech to watch out for this year. QA Troy Harris agreed on the printers, speculating that their rise could cause “overseas toy manufacturing industries to crumble” (with “object anti-piracy” quickly following – and failing – to prevent this).
Developer Andy Rome pointed out the closing stages of Galileo (European GPS), which should lead to more accurate geolocation, coinciding with the launch of “next-generation GPS satellites from the US”. Andy also went on to talk about “indoor geolocation”, leading to commerce-driven marketing: “where exactly can you pick up this product within 500 metres of your current position?”.

Patrick pointed to “NFC payments everywhere” (although Andy reminds us of the cynical “Not For Commerce” label ) and interactive developer Rich Harris tentatively suggested that “projectors in phones/tablets become slightly more mainstream”. Nicholas also pointed to the wildly-successful Raspberry Pi as a possible hit for 2013, once “someone figures out and capitalises on a break-out mass appeal use” for them…

Some of the team got a bit, er, creative, in their thoughts for the future. Scrum master Haran Rasalingam described his “hope for thought-controlled operation of the computer” using existing technology, adding that he was “fed up of typing” and unsatisfied with dodgy speech recognition software. Haran added, slightly alarmingly, that “a brain implant would be a great stocking filler…”.

The web: content and code

The potency of the web as a medium was a common theme, with Andrew excited about web-based gaming: “we have the APIs: Gamepad, mouse lock, fullscreen. And WebGL is on desktop, mobile plus support coming to PS3 (4?)”, and Nicholas agreeing that “new gaming devices (Valve…?)” could be on the way. Developer Max Harlow predicted the onset of “more Snow Fall-like content”, referring to the New York Times’ recent experiment into interactive articles. Rich talked about the impending release of LeapMotion, leading to “developers building naff demos, with people disappointed after the hype. Then we collectively start to discover what 3D gestural input is good for and it becomes a Thing that we all have to Know About”.

Education came up, with Andy suggesting “more schools will start adopting centralised tablet requirements for pupils”, adding that his nine-year-old nephew is already experiencing this. Similarly, Andy goes on to suggest that more UK universities will offer online courses as Duke University is already doing with Coursera.

Content itself was another strong theme, with developer Sebastien Cevey predicting “the rise in single-page webapps, particularly hybrids with the History API and mixed client/server rendering for lighter page changes”. Conversely, Patrick argued that “the decline of single-page webapps” would be a key theme of 2013, claiming that “client-side performance and responsive advertising” would be the big stars of the year, with Max adding that “someone will figure out how to do web advertising that doesn’t suck”. Product manager Tom Grinsted agrees, predicting that “advertising money actually starts to follow users and we start to see genuinely significant ad-spend on mobile / cross-platform initiatives. This necessitates agencies starting to come to terms with modern technologies and move away from the single-size animated gif banner”.

The semantic web seems due for more mainstream adoption in 2013, if Max is correct: “Semantic web stuff quietly becomes more used, but nobody really notices”, he claims, citing Facebook’s recently-announced Graph Search as a factor. Nicholas doesn’t agree though, joking that it’ll be “the ‘next big thing’ for the 12th year running”. Seb also adds his support, citing “increasing use of Schema.org” as a 2013 feature.

The industry: companies, devices and specifications

The responsive web: the Guardian’s new mobile website as viewed on multiple devices
Technology companies were debated: Apple vs Android came up, with Patrick predicting “the decline of iPhone’s dominance” and Rich saying he thinks “Chromebooks will eat Windows 8’s lunch”. Michael claimed Apple will continue to dominate in high-end smartphones, but Android will take over the mid-to-low tier. He also anticipated the mythical “Facebook Phone”, but similarly predicted it would be aimed at “entry-level, third world” markets, possibly being free as a device, or offering “free internet in exchange for being part of the Facebook network”. Seb added that the growth of the Android tablet market could “eat into the e-reader market”. Andy speculates that “either Android or iPhone will be hit by a virus”, with product manager Ulyssa MacMillan agreeing: “Running in the Background will be a box office smash, with a full range of physical and virtual merchandise (cuddly squeaky viruses? McAfee Nikes?). Angry Malware is next years’ Angry Birds”.

Ulyssa also offered some clarity on the mobile web: “responsive digital products will become standard – brands that don’t make the shift and maintain separate mobile websites will be considered behind the curve by the mainstream. And poked with a stick”. Nicholas pointed to 4G, claiming it will “make mobile networks almost usable”. James offered his thoughts on RIM, claiming “Blackberry will take one last roll of the dice with its new smartphones and will bounce back. I’ve test-driven a prototype device and it was surprisingly good considering the phones they’ve put out in the past”.

Michael ranted about privacy and cryptography: “Cryptography in the browser will continue to be a mess despite the W3C’s best efforts. However, developers will use it, and we’ll see pages that select fundamentally broken algorithms and initialisation vectors, or apply them in inappropriate ways. This will leave people feeling secure, but we’ll see attacks against it in the wild by the end of 2013 or earlier”. Not content with this cynical doom-mongering, Michael goes on to say that “general consumers will protest about how concerned they are about privacy, but will continue to flock to privacy-violating companies and products without any concerns, nor join privacy initiatives like the EFF”. Nicholas terms this “the rediscovery of privacy”, citing xkcd.

Developer Ken Lim should, perhaps, be given the last word for our 2013 predictions. His reply, when asked about themes for 2013 in technology? It was just two words: “desktop Linux.” Good luck, Ken!

What do you think? Anything we’ve missed? Violently disagree? Let us know below.

Posted by
Guardian Digital Development team
Thursday 24 January 2013 09.51 EST
guardian.co.uk

Investing in Uranium?

I think this might be a good place to invest for the next 25 years

How to Make the Most of the Upcoming Price Spike in Uranium

By The Energy Report | Wed, 23 January 2013 22:23 | 0

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If a person consumed only nuclear-generated power, the amount of waste generated over his or her lifetime could be contained in a soda can. Compare this to the trainloads of coal delivered daily to coal-fired power plants and nuclear power seems like a no-brainer. Cecil Musgrave of InvestorsGuru.com sees nuclear power as a bridge to a renewable energy mix—but only if supply is reliable. In this interview with The Energy Report, Musgrave explains why supply shortages may create a price spike for the commodity and names some uranium juniors that are poised to deliver the goods.

The Energy Report: Let’s talk about the state of the international market for uranium. Profit margins for producers are still slim. Do you see a possibility that prices will rise this year?

Cecil Musgrave: Uranium prices sold off sharply after the Fukushima Daiichi nuclear power plant accident in March 2011, and have steadily drifted lower since then, from around $70 per pound ($70/lb) to its current price of around $43/lb. My charts say that uranium may have put in its bottom last November before bouncing over 10% on the back of Japan’s election in December.

Since Fukushima, market sentiment for anything nuclear power related, like uranium, has been risk-off. While time was needed to stress test nuclear plants worldwide, the market’s main concern was how the media, the public and governments around the world would react. But the facts continue to be on the side of nuclear power as a practical solution for a growing world that requires abundant, low-cost and environmentally safe energy.

Despite uranium’s long-term fundamentals, which have never looked better, markets hate short-term uncertainty. I see this as mainly a timing issue. The World Nuclear Association shows there are 435 operable nuclear reactors today, with 65 more under construction, 167 in the planning stages and 317 more proposed as of January 2013.

Markets tend to exaggerate trends, both up and down. After a steep selloff in uranium that lasted almost two years, sentiment seems to be starting to swing positively again. Japan now has a pro-nuclear government; two of Japan’s reactors are back online and the recent elections may accelerate this process. Last February, the U.S. approved the construction of a two-unit nuclear power plant at the Vogtle complex in Georgia—this is the first new nuclear reactor to be built in the U.S. in over three decades.

China will be a key uranium demand driver—16 reactors are operating now, 29 under construction, 51 planned and 120 proposed. Other demand-generating countries include India, Russia, the U.A.E., Ukraine, the U.K., Canada and South Korea.

The supply side is also bullish. Lower prices have put the brakes on several large uranium developments. BHP Billiton Ltd. (BHP:NYSE; BHPLF:OTCPK) deferred the expansion of its Olympic Dam mine in Australia—the world’s largest-known single deposit of uranium. Cameco Corp. (CCO:TSX; CCJ:NYSE) deferred its Kintyre project—also located in Australia. Paladin Energy Ltd. (PDN:TSX; PDN:ASX) deferred an expansion at its Langer Heinrich mine in Namibia. Kazatomprom and Uranium One Inc. (UUU:TSX) decided it would be uneconomic to mine at its Zarechnoye South deposit in Kazakhstan. Many smaller uranium miners are in the same situation.

I doubt that the absence of this previously anticipated supply has been factored into uranium’s current price. Keep in mind that the 2007 uranium price spike to $137/lb was probably due in part to flooding and production delays at Cameco’s Cigar Lake mine in Canada—the world’s largest undeveloped high-grade uranium deposit. Mine commissioning is now expected mid-2013.

Annual uranium demand is ~180 million pounds (180 Mlb) with ~140 Mlb mined. Much of that ~40-Mlb supply shortfall has been made up for by the Megatons to Megawatts program, wherein uranium from Russia’s nuclear warheads is recycled. This program is scheduled to end later this year, further straining global uranium supply.

Uranium mining is highly regulated and even if the price spiked again, it would take years to put those deferred mines into production. In addition, the TSX Venture market has been cut in half over the past two years, making it very tough for junior explorers to fund new projects. I’d be surprised if uranium prices weren’t significantly higher a year from now.

TER: Over the last few years, how has utilities’ increased use of natural gas affected the price of uranium? How does uranium compare to traditional energy fuels and alternative energy sources in terms of efficiency?

CM: Traditional energy fuels such as coal, oil and natural gas are substitutes, in that a cheaper fossil fuel can often be used when another becomes expensive. But it takes time and costs millions for a utility to switch, and you still end up burning an inefficient fuel that pollutes the air. Uranium is a metallic chemical element that is extremely energy dense, making it a very inexpensive fuel. Uranium is also the only commercially available fuel source for nuclear power plants. Unlike fossil fuel-burning power plants, nuclear power plants do not emit harmful gasses, and all the spent nuclear fuel produced for one person’s lifetime would fit in one soda can, about 2 lb of waste. A typical U.S. power plant for a city of one million people might burn 9,000 tons of coal or 40,000 barrels (bbl) of oil per day. For a nuclear power plant this might take 7 lbs of uranium. At $90/barrel oil and $43/lb uranium, the daily fuel cost works out to $3,600,000 for oil versus $301 for uranium.

Fuel costs are not the major concern for nuclear power utilities, even if uranium prices went up ten-fold. Capital costs and interest rates are the larger obstacles. Nuclear power plants are designed to last decades, but they can’t switch fuel sources, so securing long-term uranium supply is important.

Related Article: Defying the Laws of Finance and Physics

In addition to being efficient, nuclear power is also reliable. This is where nuclear energy even trumps renewables. The world’s largest net exporter of electricity is France, which produces around 80% of its power from nuclear reactors. Italy is next door, has no nuclear reactors, and is the world’s largest importer of electricity. Germany shut down some reactors and now imports more electricity. When there’s no wind in the U.K. to turn the turbines, electricity is sent via the Chunnel.

Alternative energy from renewable sources produces around 16% of the world’s energy, from wind, solar, geothermal, hydroelectricity, biomass and others—combined. This is small, but it’s growing and needs to be part of the world’s future energy mix.

Renewables have advantages in certain situations, but also disadvantages. These range from higher footprints and capital costs, to lower efficiency and reliability. I see nuclear power and uranium as the “sustainability bridge” that will allow for a transition away from burning dirty fossil fuels, while buying time for renewable energy forms to become a competitive alternative.

TER: In a capital-constrained market, how are firms looking to lower the cost of uranium mining? Can In-Situ Recovery (ISR) development affect the growth of global supplies of uranium without undermining price?

CM: Over 45% of the world’s uranium is now produced using this low-cost, environmentally friendly mining method. However, ISR is only amenable in certain situations, ideally to mine uranium-mineralized sandstone deposits that are confined in an aquifer.

Compared to underground or open-pit mining, ISR is an elegant process. A leaching solution of carbon dioxide, baking soda and oxygen is injected into the sandstone ore, dissolving the uranium. This is then pumped out and ionized pellets are added, which the uranium bonds to. These pellets are then stripped of the uranium for further processing. After processing the yellowcake, the inert material leftover is returned to the ground.

From a financial perspective, U.S. ISR requires less labor, capital and operating costs, and mines are faster to permit and construct. From an environmental perspective, it’s cleaner and safer with less of a footprint and no leach pads if a deep disposal well is employed. These savings can boost ISR uranium mine margins to be profitable even at low ore grades. I can’t think of a reason a uranium miner wouldn’t use ISR given the option.

TER: How are the large uranium companies weathering the present situation?

CM: As I mentioned earlier, several major uranium producers have had to defer some of their projects due to low prices. The decision to put some of these mines back into development probably won’t happen until uranium prices double, and production would still lag behind that occurrence.

However, these companies still have a lot of production from other mines. In November, Uranium One Inc. announced a Q3/12 production increase of 23% to 3.1 Mlb, with average cash costs of $16/lb and $49/lb for sales. Cameco is the world’s largest publicly traded uranium company and its Q4/12 and FY/12 results will be released February 8.

Related Article: Investing in Agriculture: An Interview with Robert Winslow

While every uranium company is rationalizing costs around lower current prices, those companies that can still afford it are also positioning for higher future prices. Cameco just completed its NUKEM Energy acquisition, a leading nuclear fuel broker. It completed its $430 million ($430M) Yeelirrie acquisition, a Western Australia uranium project, last month. And just last week, Uranium One announced an agreement with its majority shareholder, ARMZ Uranium Holding Co., to go private at a 32% premium to its 20-day, volume-weighted average share price.

Others are weathering lower uranium prices by doing creative financings that are less dilutive to shareholders. Utilities benefit as well by locking in lower prices and securing future uranium supplies. Last fall, Paladin signed a long-term supply contract with Électricité de France (the world’s largest nuclear utility) with a prepayment of $200M.

TER: For investors interested in the uranium space, what are the comparative advantages of investing directly in uranium majors, juniors, holding companies or exchange-traded products (ETFs)?

CM: Similar to the metals investing space, the major producers in the uranium sector may offer more safety, earnings transparency, diversified projects and market liquidity relative to small miners. On the other hand, junior uranium explorers offer higher risk/reward potential that usually depends on successfully discovering and/or developing key resources.

Uranium is radioactive and can’t be physically held like gold bullion. The uranium futures market is not as developed or as liquid as those for most other commodities. There are various ETFs and holding companies, such as Uranium Participation Corp. (U:TSX), which invests in uranium-oxide concentrates or uranium hexafluoride stored in licensed facilities and is managed by a subsidiary of Denison Mines Corp. (DML:TSX; DNN:NYSE.MKT).

I tend to focus on uranium companies somewhere in the middle that carry some of the safety from having experienced management, funding, established resources and a mine in development, but that are also small enough that drill results impact share prices meaningfully.

TER: Are there any small-cap firms that are positioned to do well in the current market? Where can investors look for opportunities?

CM: Canada is second only to Kazakhstan in uranium production. The Athabasca Basin in Northern Saskatchewan/Alberta contains the world’s largest high-grade uranium deposits and supplies 20%+ of the world’s uranium. Production is expected to double by 2017.

In 2011, Cameco and Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK) were in a bidding war over uranium explorer Hathor Exploration Ltd. Rio Tinto won with a CA$654M buyout offer. Since then, I have watched Fission Energy Corp. (FIS:TSX.V; FSSIF:OTCQX) report decent grades and resources from various properties, including some in close proximity to Hathor’s high-grade Roughrider deposit.

Fission’s market-cap is under $100M; its stock price was cut almost in half last year with the rest of the uranium juniors, but has been showing strength again since November—then added to our website’s Top 30 Watchlist. Earlier this month, Fission announced a $5.5M winter exploration program at its 60% owned 40,000 hectare (40k-ha) Waterbury Lake project, drilling 21,000 meters (21k-m) over 60 holes utilizing three drill rigs at its J-Zone high-grade uranium discovery.

A week later, Fission announced a $4M winter program at its 50% owned 31k-ha Patterson Lake South (PLS) project, drilling 8k-m utilizing two drill rigs toward extending its high-grade uranium boulder field discovery.

But now I see that Denison Mines intends to acquire Fission Energy, including its eastern Athabasca assets and Waterbury Lake. Under the deal, Fission shareholders get Denison shares, plus shares in a new, funded spinout company to hold Fission’s western Athabasca assets including PLS.

Related Article: Is 2013 the Year for Gold Stocks?

There are around 75 companies of all sizes exploring in the Athabasca Basin and other prolific uranium-mining districts, such as the Powder River Basin in Wyoming. Some will mine their own uranium discoveries, but I doubt that Hathor will be the last takeover battle.

TER: Are there any other juniors that investors should be considering?

CM: Uranium Energy Corp. (UEC:NYSE.MKT) has a market-cap of ~$200M with projects in the Powder River Basin in Wyoming, plus properties in four southwestern U.S. states and in Paraguay. Uranium Energy’s focus is in south Texas, where it is ramping up production at its Hobson processing plant and Palangana ISR mine and its Goliad ISR project is fully permitted and in construction.

Ur-Energy Inc. (URE:TSX; URG:NYSE.MKT) has a market-cap of ~$108M with projects in Wyoming and Nebraska, and in the Thelon Basin of Canada’s Northwest Territories. The company’s focus is its Lost Creek ISR uranium project just south of the Powder River Basin that started construction in October.

Uranerz Energy Corp. (URZ:TSX; URZ:NYSE.MKT) has a market-cap of ~$118M with projects focused in the Central Powder River Basin. Uranerz controls ~90k acres there, with its latest NI 43-101 resource report showing over 15 Mlb in the Measured and Indicated category and over 3 Mlb Inferred from just seven out of 30 projects explored so far. In June, Uranerz discovered a new uranium trend at its Monument project.

Uranerz is near completion of its first ISR mine and processing plant—permitted for up to 2 Mlb per year and expected to begin production this year. In October, Uranerz received its last permit needed, and is drilling two deep disposal wells this winter. Nichols Ranch will become the first new uranium mine built in Wyoming since 1996, and will serve to develop the company’s satellite projects more quickly under the existing permit amendment provisions. Uranerz has an experienced team, many from another uranium miner that was also called Uranerz—purchased by Cameco in the late 1990’s. A few years ago, when uranium prices were higher, Uranerz signed sales agreements with Excelon Corp. (EXC:NYSE) and another major utility. Late in 2011 Uranerz signed an agreement for final processing at Cameco’s PRB Smith Ranch Highland mine. Equity financing for mine construction was done when Uranerz traded at triple its current price, and permitting has also been timely.

This property map shows that Uranerz Energy, Uranium One and Cameco’s uranium properties in the Central Powder River Basin in Wyoming surround each other. In the U.S.A., Wyoming is the largest uranium-producing state. Our December newsletter highlights Wyoming’s pro-business advantages, including around $600M earmarked from its surplus budget to help local businesses grow faster. Uranerz and Ur-Energy have been approved for $20M and $34M loans, respectively.

TER: Your Investors Guru newsletter does not set target prices for particular stocks. Do you have any advice on what metrics investors should use when deciding when to buy and sell shares in uranium producing ventures?

CM: My background is in computers, business, and in the 1990s the brokerage industry. I started InvestorsGuru.com in 1995 as a new way for fellow investors to share market news, data and ideas. This was before most of the financial sites we know today, and before online social sharing became a household practice. We’re not trying to be an advisory service—we’re more like a very big investors club.

Personally, I first look at the industry. I tend to focus more on long-term growth than I did 20 years ago. I started looking at the uranium industry more in 2010 because I didn’t have many energy holdings. This was because a junior oil stock that I owned, that found thousands of barrels per day in Libya, was bought out at a slight loss instead of the pop that I had anticipated.

Uranium is an energy commodity but it is also a mined metal. Our Small-Cap Stock Observer newsletter has featured mining companies since the Voisey’s Bay Nickel-Cobalt boom, to diamond discoveries in Canada, to gold and other deposits worldwide. As they say, stick to what you know and what’s working, and learn all you can.

Major uranium producers are widely followed. Small-cap uranium companies often don’t have earnings, so you have to get to know the company beyond reading press releases. I look for scalable, well funded projects with experienced management and lots of activity—a lack of news for too long is enough for most small-caps to drift lower. Finally, call the company; request its investor package!

Once I decide to get in (or out of) an industry or a particular stock, various technical charts help refine my exact timing. I look for support and resistance levels and trends that are building or breaking down.

I believe that if individual investors put the time in, they can outperform most brokers and fund managers. I’m not just talking about doing research; you also need to really know yourself—your objectives and risk tolerance. This defines your time horizon and asset allocation, and from there you can focus on individual stocks and investments.

Our site’s Research tab has information on various commodities—uranium is under “Other Energy.” Our searchable Small-Cap Directory lists over 500 companies under $500M market-cap—including 57 uranium stocks.

TER: Thank you for sharing your uranium industry overview with us.

CM: My pleasure.

By. Peter Byrne of The Energy Report

Courtesy Control Malfunctions

I WAS MISINFORMED
The Courtesy Control Malfunctions
By JOYCE WADLER
Published: January 23, 2013 56 Comments

You might not know this unless we have met, but I am an exceptionally polite person.

If something annoying is going on, say an elephant is standing on my foot, I do not demand it move; I request, employing self-deprecating charm and a half-dozen qualifiers.

“Excuse me, Mr. Elephant,” I might say, “You probably do not realize this, you weighing 15,000 pounds more than me and me being an insignificant little writer, but you are standing on my foot and any minute gangrene will set in and Civil War re-enactors will have to swoop down and lop it off, which I know, from ‘Lincoln,’ will not be pretty. Do you think if it isn’t too much trouble you could take a moment and move a smidge?”

If a gang of drunken traders in a restaurant is carrying on so loudly that no one at the next table can have a conversation, I do not yell. I pick out the smartest trader (harder than you might think), go over and murmur, ‘I’m sure you’re not aware of this, but you have a very powerful voice. Do you think you could possibly take it down a bit?’ ”

Like that. Polite. Nonconfrontational. Diplomatic.

That is why I was amazed, a few months ago, when my mouth behaved as if commandeered by someone else, and a pretty blunt someone else at that.

It happened one rush-hour morning in an elevator in my building. About five of us were crowded in, including one of those moist, sticky little things in a stroller, when the elevator door opened to a woman with a dog the size of a pony. I don’t know why people living in little Manhattan apartments get enormous dogs — I guess because it is so much fun for the dog. Anyway, there they are, the woman and Trigger and the woman looks at this clown car configuration and innocently says, “Oh. Is it too crowded for us?”

And just like that I hear myself saying, “Yes.”

No polite preamble, no “Terribly sorry, I know your absurdly large dog wants desperately to urinate, but reliving the flood conditions of Hurricane Sandy so soon would be traumatic,” just a simple, direct, turn-down.

This didn’t matter to the woman and the Clydesdale — they trotted right in — but I was stunned: My Courtesy Control, which I had worked so hard to develop and maintain, had just malfunctioned. And, in the next few months, I noticed it happening again and again.

A cellphone zombie would be stopped dead in the middle of a narrow walkway, oblivious to the traffic piling up behind it, and I’d hear the mouth snap, “Move!”

A big guy would be blocking the entrance to a subway car because really, where’s a better place to stand when 50 people are trying to get through two little doors, and I’d hear the mouth snapping the order again, “Move!”

The Courtesy Control, thank God, seemed to still exist with friends. A friend could still tell me a story I had heard 40 times and I could politely feign fascination, which is a good thing, because, what with all the times I have carried on about my love life, I owe them.

But with everyone else there was a clear lessening of verbal inhibition. Thinking about it, I had a feeling it must have something to do with an aging brain. People in their 80s, it seemed to me, do sometimes tend to speak more bluntly.

Or maybe it was a sign of incipient dementia. A friend who I will call Libby had an elderly aunt who suffered from dementia, and once, at dinner, Libby was telling the family about the latest near-death experience of her aged cat when her aunt interrupted: “Libby,” she said, “Nobody wants to hear about your damn cat.”

This was the first time I had seen anything that might be an upside to cognitive failure, although, as I seemed to be functioning normally in the rest of my life, paying bills on time, remembering decades-old slights, that seemed unlikely.

What is more, I like the newer, blunter me. I sense a whole new world opening up.

“So, I must tell you about the cutest thing my grandchildren said —”

“No.”

“I’m going to recite the entire wine list and every dish we ate at this undiscovered hotel off the coast of Somalia. We stayed a month —”

“No.”

“You have to visit me on my mountaintop retreat where there are no people for 60 miles and the pitted dirt road will tear out your car’s undercarriage and you can be my source of entertainment for three days —”

“No.”

I understand that to many of you this may sound as if I have become terribly rude and worse, am proud of it. Maybe you would like to use the Comments box to tell me I’m a dog hater, a child hater, not funny, and you cannot imagine how I ever got a job at a newspaper.

Am I interested?

No.

Follow Joyce Wadler on Facebook: facebook.com/joyce.wadler and on Twitter: @joyce_wadler.

Booming: Living Through the Middle Ages offers news and commentary about baby boomers, anchored by Michael Winerip. You can follow Booming via RSS here or visit nytimes.com/booming. You can reach us by e-mail at booming@nytimes.com.

Offshore Wind Power Update

New Technology Could Drastically Reduce Cost of Offshore Wind Power

By Charles Kennedy | Tue, 22 January 2013 22:30 | 1

Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you this and much more. Click here to find out more.

A new technology for anchoring offshore structures to the seabed could drastically reduce the cost, and increase the speed of installation for offshore wind farms; making the offshore wind a far more attractive source for renewable energy.

The new technology, designed by Universal Foundation, will be tested in the North Sea where it will be used to support 120 metre meteorology masts which will be used to provide data for the deployment of future wind farms in the area.

What resembles an upside down, giant steel bucket will be lowered down to the seabed where it will then sink down into the seabed, and through the power of suction, become stuck fast, forming a rock solid foundation.

Suction Bucket

Related Article: U.S. Congress Breaths Life into Wind Energy

If successful in this preliminary installation, then the technology could be used as the base for thousands of giant offshore wind turbines which are planned to be erected in UK waters as part of the largest offshore wind project in the world, capable of supplying around 26 million homes with electricity by 2030.

Phil de Villiers, from the Carbon Trust, said that “the suction bucket foundation is a really great innovation for the industry as you can install it faster and at lower costs than conventional foundations. That is good for everyone as it brings down costs.”

De Villiers estimates that if this technology is used for the 6,000 wind turbines to be installed over the next decade, then around £5 billion could be knocked off the £90 billion total cost, because it is 20% cheaper than the traditional foundations used for offshore wind turbines.

By. Charles Kennedy of Oilprice.com

Saving Greenland

Climate Desk Live 1/28/13: Can Greenland Be Saved?
Posted by James West on Tuesday, January 22, 2013
The writing is on the wall—Greenland is melting, and faster than expected, due to climate change. If it fully melts, it will raise global sea levels by seven meters, leading to even more dramatic losses of coastal land around the world, including in many major cities.
The question is not whether this is happening, but whether we’re too late to stop it. What is accelerating the melting and what research must we undertake to better understand the situation? Will cutting emissions even help save Greenland?
Join us on Monday, January 28 at 9:30 a.m. for Climate Desk Live as we explore these questions with Jason Box, the Ohio State University glaciologist recently featured in the acclaimed documentary Chasing Ice.

Box has traveled to Greenland 23 times, spending over a year on the ice there. He authored or coauthored 50 scientific papers related to Greenland, led the composition of the Arctic Report Card for the National Oceanic and Atmospheric Administration, and was closely involved in the Extreme Ice Survey, using time-lapse cameras to measure Greenland’s changes.
Date: Monday, January 28, 2013, 9:30 a.m.
Location: The University of California, Washington Center
1608 Rhode Island Avenue, NW
Washington, DC
Please RSVP to cdl@climatedesk.org

Comparing Solar and Biofuel Powered Cars

Which is More Efficient, Solar Powered EV or a Biofuel Powered Car?

By James Burgess | Sun, 20 January 2013 00:00 | 0

Benefit From the Latest Energy Trends and Investment Opportunities before the mainstream media and investing public are aware they even exist. The Free Oilprice.com Energy Intelligence Report gives you this and much more. Click here to find out more.

In recent years the US has focussed on adding ethanol to its gasoline as it believes that it will help reduce dependence on foreign oil and reduce greenhouse gas emissions. In 2006 4 billion gallons of renewable fuel were added to gasoline, in 2007 it was 4.7 billion, and then in 2012 that number grew to 7.5 billion gallons.

The problem is that a life cycle assessment has shown that ethanol has only a modest effect on reducing CO2 emissions, and may actually lead to an increase. Corn ethanol production also consumes 40% of the US corn crop, and as the US produces 40% of the world’s corn, prices around the globe have increased, and food shortages have occurred.

An alternative to using biofuel in vehicles, is to power a vehicle by electricity. Using electricity generated in a coal plant would defeat the purpose of using and EV, but electricity from solar power could very well make EV’s the most efficient transport method on the road.

Roland Geyer, a professor at the UCSB Bren School of Environmental Science & Management, asks whether growing crops to make alternative fuels is more efficient and effective than using photovoltaics to directly power an EV.

“The energy source for biofuels is the sun, through photosynthesis. The energy source for solar power is also the sun. Which is better?”

Relevant Article: Solar and Big Oil Join Forces in Middle East

The results of this study, released in a paper titled, “Spatially Explicit Life Cycle Assessment of Sun-to-Wheels Transportation Pathways in the U.S.”, show that photovoltaics are far more efficient than biofuels at converting the sun’s energy into miles driven.

Three ways of converting sunlight into energy to power a car were considered; using corn to produce ethanol, using the biomass of corn to directly create electricity of an EV, and using PV cells to convert the solar energy directly into power for the EV. The researchers identified using PV cells to directly power the EV as the most efficient method for powering a vehicle by energy from the sun.

“What it says to me is that by continuing to throw money into biofuels, we’re barking up the wrong tree. That’s because of a fundamental constraint, which is the relative inefficiency of photosynthesis. And we can’t say that right now biofuels aren’t so great but they’ll be better in five years. That fundamental problem for biofuels will not go away, while solar EVs will just continue to get more efficient and cheaper. If they’re already looking better than biofuels, in five years the gap will be even greater. A search for a silver bullet is under way through synthetic photosynthesis, but using genetic engineering to improve the efficiency of photosynthesis is a pipe dream. If there is a silver bullet in energy, I think it’s solar power.”

By. James Burgess of Oilprice.com

More on Google Search

Google and the future of search: Amit Singhal and the Knowledge Graph
Google has revolutionised the way we holiday, shop, work and play. Now, with Knowledge Graph, it plans to radically transform the way we search the internet… again. But some voice qualms about the company’s ambitions
Share 923

Tim Adams
The Observer, Saturday 19 January 2013 16.59 EST
Jump to comments (203)

Making connections: inside one of Google’s data centres, the Dalles, Oregon. Photograph: Google/Rex Features
Thinking about Google over the last week, I have fallen into the typically procrastinatory habit of every so often typing the words “what is” or “what” or “wha” into the Google search box at the top right of my computer screen. Those prompts are all the omnipotent engine needs to inform me of the current instant top 10 of the virtual world’s most urgent desires. At the time of typing, this list reads, in descending order:

What is the fiscal cliff
What is my ip
What is obamacare
What is love
What is gluten
What is instagram
What does yolo mean
What is the illuminati
What is a good credit score
What is lupus

It is a list that indicates anxieties, not least the ways in which we are restlessly fixated with our money, our bodies and our technology – and paranoid and confused in just about equal measure. A Prince Charles-like desire for the definition of love, in my repetitive experience of the last few days, always seems to come in at No 4 on this list of priorities, though the preoccupations above it and below it tend to shift slightly with the news.

The list also supports another truism: that we – the billion components of the collective questioning mind – have got used to asking Google pretty much anything and expecting it to point us to some kind of satisfactory answer. It’s long since become the place most of us go for knowledge, possibly even, desperately, for wisdom. And it is already almost inconceivable to imagine how we might have gone about finding the answer to some of these questions only 15 years ago without it – a visit to the library? To a doctor? To Citizens Advice? To a shrink?

That was the time, in the prehistory of about 1995, when our ideas of “search” still carried the sense of the word’s Latin roots – a search was a kind of “arduous quest” that invariably involved “wandering” and “seeking” and “traversing”. Not any longer. For those who are growing up to search in this millennium, it implies nothing more taxing than typing two words into a box – or, increasingly, mumbling them into a phone – and waiting less than an instant for a comprehensive answer, generally involving texts and images and films and books and maps. Search’s sense of questing purpose has already gone the way of other pre-Google concepts, such as “getting lost”.

That rate of change – of how we gather information, how we make connections and think – has been so rapid that it invites a further urgent Google question. Where will search go next? One answer to that question was provided by the billionaire double act of Sergey Brin and Larry Page, Google’s founders, in 2004, when pressed about their vision of the future by the former Newsweek journalist Steven Levy.

“Search will be included in people’s brains,” said Page of their ambition. “When you think about something and don’t really know much about it, you will automatically get information.”

“That’s true,” Brin concurred. “Ultimately I view Google as a way to augment your brain with the knowledge of the world. Right now, you go into your computer and type a phrase, but you can imagine that it could be easier in the future, that you can have just devices you talk into or you can have computers that pay attention to what’s going on around them…”

Page, generally the wilder thinker, was adamant, though. “Eventually, you’ll have the implant, where if you think about a fact, it will just tell you the answer.”

Nine years on, Brin’s vision at least is already reality. In the past couple of years, a great advance in voice-recognition technology has allowed you to talk to search apps – notably on iPhone’s Siri as well as Google’s Jelly Bean – while Google Now, awarded 2012 innovation of the year, will tell you what you want to know – traffic conditions, your team’s football scores, the weather – before you ask it, based on your location and search history. Page’s brain implants remain some way further off, though both Google founders have lately been wearing “Google Glass” prototypes, headbands that project a permanent screen on the edge of your field of vision, with apps – cameras, search, whatever – answerable to voice-activated command. Searching is ever more intimately related to thinking.

Outside Google HQ in Mountain View, California. Photograph: Donald Weber for the Observer
In this sense, the man who is, these days, in charge of the vast majority of the world’s questing and wandering and seeking and traversing is called Amit Singhal. Aged 44, head of Google Search, he is a boyishly enthusiastic presence, who inhabits a much-mythologised office in Mountain View, California, somewhat in the way that the Wizard of Oz lived at one end of the Yellow Brick Road. Singhal is the man who pulls the levers that might just help you find a heart, or a brain, or the way back to Kansas. For a dozen years, he has taken over responsibility from Brin for writing and refining the closely guarded algorithm – more than 200 separate coded equations – that powers Google’s endless trawl for answers through pretty much all of history’s recorded knowledge. So far, he has never stopped finding ways to make it ever smarter and quicker.

To find Singhal, I go through all those by now second-nature travel preparations. I Google a hotel to stay at nearby in Palo Alto, view the options, have a virtual look around a couple before booking. I Google my flight times and check in. I Google a car hire firm, find the cheapest on a comparison site, and choose a car, and hook up to Google maps to plan the route of the 400 or so miles I’ll drive from Los Angeles northwards. I Google information about where to park at the Googleplex, and Google the Street View of the walk I will make from the car to the right office building, past the replica T rex outside. I Google a few interviews Singhal has given in the past. And then a day or two later I do it all for real.

There is something slightly disconcerting about the Mountain View Googleplex itself, which I guess has a lot to do with finding yourself in the physical space of so virtual an entity. At the end of last year, Google published photographs of its vast and ever-growing data centres for the first time. The images of our cloud of knowing were either inspiring or terrifying, depending on your point of view. Endless banks of servers, linked with primary coloured Google wiring, stretched as far as the eye could imagine, a great outsourced brain thrumming in high-security hangars in Oklahoma, Ohio and Georgia, fed by all the world’s anxiety and curiosity. The control centre of that unprecedented storage centre could hardly be more open access, however.

You can wander around the sprawling landscaped Googleplex campus or hop on a primary coloured Google bike to cycle between buildings and nobody bothers you at all. The Googleplex was conceived by Brin and Page to encourage geeks to be sociable. It seems to work; it is overpopulated by a chatting and mingling crowd of what seem like quite intense postgrad students who look happy and healthy and are, though you would never quite guess it, often jaw-droppingly rich. The site is full of free cafes, punctuated by volleyball courts; every workspace has pool and table tennis tables; you can visit a doctor or a dentist, get a haircut, get your dry cleaning done, have a massage (Google’s masseuse became a stock millionaire), go to the gym.

It has book talks, movies and music events – when I visit David Beckham had just been on site as a “guest speaker”. There are whiteboard walls everywhere full of algebra and in-jokes; there is a learning space with classes in everything from mindfulness to Greek myth. And of course lots of gadgets. In the foyer is a mini wraparound Imax of screens that allows you to key in a postcode and stand in any street in the world. Fittingly, having Googled the way here, now I have arrived I find myself standing outside my house in London again, exactly where I was two days and a transatlantic flight earlier.

Amit Singhal: ‘The fascination with flying though galaxies and talking to a computer that could answer any question was always there for me.’ Photograph: Donald Weber for the Observer
Google’s Mr Search, Amit Singhal, has likewise come a long way to get here. He started out in a village in Uttar Pradesh in India, in a home that for the first eight years of his life possessed no screen at all. When one arrived in 1977, a black-and-white television, it carried for Singhal, he tells me, all the magic of prophecy. “There were two kinds of programmes,” he recalls. “Programming for local farmers and reruns of American series such as Star Trek.” You don’t really have to think too hard to imagine which of these programmes Singhal chose.

“I watched way too much Star Trek, to the extent that I could remember episodes by heart,” he recalls with a laugh, “and I deeply believe now that shaped my thinking. The fascination with flying through galaxies and talking to a computer that could answer any question was always there for me. But of course I never imagined those problems would begin to be solved in my lifetime at all.”

Singhal found himself in any case in the right place at the right time. He started studying the idea of search as a graduate in America in 1991, the year the world wide web began making its connections. He did a PhD and then ended up in the Bell laboratories at AT&T. It was only when he came to Google in the millennium year, however, that he experienced “a strange kind of discontinuity”. Everything that had seemed like science fiction all his life was suddenly within his compass.

To prove that point, Singhal takes his Android smartphone out of his pocket and, like Captain Kirk, talks into it. “Google: what is the population of London?” he says. “The population of London was 8.174 million in 2011,” the carefully conversational voice replies. “How tall is Justin Bieber?” he wonders. “Justin Bieber is 5ft 7in tall.” Singhal looks at me with childlike glee. “If I had gone to sleep 20 years ago and you had woken me up today and I heard that, I would be thinking, yes! And where do I sign up to fly to another galaxy?”

What he is demonstrating, however, he insists, is still just the beginning. Google search is, he says, with evangelical zeal, on the threshold of another epochal change in its fast-forward evolution. Having searched for a decade or so using the original brilliant principle of hierarchies of web-based links, the great primary coloured knowledge domination machine has, Singhal suggests, “begun to learn how to understand the real world of people, places and things”.

To answer his question about Justin Bieber, Google already has to know quite a lot. It has to know Justin Bieber is a person and that tallness means height. “So you have already got to get to the semantics of what is being asked. But even that is not enough. Because beyond that there is this huge mass of unstructured text that we know as the web. And you cannot properly understand what was asked for without really understanding how you are going to go about answering it.”

Until now, Google has been an unprecedented signposter of knowledge. It has not “known” the answer to anything itself but it has had an awfully clever way of directing you to exactly the place you can find out. In some senses, that attribute is in the process of changing. This year, Google will roll out what it calls its Knowledge Graph, the closest any system has yet come to creating what Tim Berners-Lee, originator of the web itself, called “the semantic web”, the version that had understanding as well as data, that could itself provide answers, not links to answers.

Inside Google HQ. Photograph: Donald Weber for the Observer
The Knowledge Graph is a database of the 500 million most searched for people, places and things in the Google world. For each one of these things, it has established a deep associative context that makes it more than a string of words or a piece of data. Thus, when you type “10 Downing Street” into Google with Knowledge Graph, it responds to that phrase not as any old address but much in the way you or I might respond – with a string of real-world associations, prioritized in order of most frequently asked questions.

Five years ago, when John Battelle wrote his book The Search, which is still the definitive history of the subject, he concluded by imagining a future directly out of Isaac Asimov’s science fiction. “All collected data had come to a final end. Nothing was left to be collected. But all collected data had yet to be completely correlated and put together in all possible relationships. A timeless interval was spent doing that.”

Knowledge Graph, you might say, is the beginning of that “timeless interval”. Google has already come closer than anyone could ever have imagined to the “nothing was left to be collected” part of that equation. It is in searchable possession not only of the trillions of pages of the world wide web, but it is well on the way to photographing all the world’s streets, of scanning all the world’s books, of collecting every video uploaded to the public internet, mostly on its own YouTube. In recent years, it has been assiduously accumulating as much human voice recording as possible, in all the languages and dialects under the sun, in order to power its translation and voice recognition projects. It is doing the same for face recognition in films and photographs. Not to mention the barely used possibilities of the great mass of information Google possesses regarding the interests and communications and movements and search history of just about everyone with a phone or an internet connection.

This data has been collected not just for the purpose of feeding it back to us as accurately as possible, but also for the wider purpose: of teaching Google how to think for itself. Singhal has worked with what he calls “signals of salience” for the past dozen years, finding ever more accurate text- and link-based methods of making searches happen. But also, crucially, as these signals have become ever more sophisticated, Singhal and his team have been able to “observe the whole world interacting with the data, and with that we were able to begin to do something else, which was to begin to make the computer understand the context of what was being asked”.

Outside Google HQ. Photograph: Donald Weber for the Observer
The way in which this is done is quite simple. Search analysis is divided into “long clicks” and “short clicks”. A long click represents a satisfied customer. A user performs a search, clicks through on a result and remains on that site for a long time. They don’t come back to the result set immediately to click on another result or to refine their query. A short click is the opposite of a long click. It occurs when a user performs a search, clicks through on a result and quickly comes back to the result set to click on an alternative result. It represents a minor failure. We may think we are learning all the time from Google, but by virtue of this ongoing trillion-click analysis, it is learning far more from us.

In this way, as far back as 2002, Singhal introduced a refinement based on Ludwig Wittgenstein’s theory on how the meaning of words is always influenced by context. Searches for ambiguous terms began to look beyond the search terms for other related words. So a phrase such as “hot dog” would be understood in relation to mustard and baseball games, not overheated canines. “Nuance,” he says now, “is what makes us human.”

I imagine, I say, that along the way he has been assisted in this work by the human component. Presumably we have more precise in our search terms the more we have used Google?

He sighs, somewhat wearily. “Actually,” he says, “it works the other way. The more accurate the machine gets, the lazier the questions become. So actually our lives get harder.” He had to work especially hard to correct and understand spelling errors and analyse synonyms. And all along the dream has been the old Star Trek one of providing the right answer to what you think you want to know even if you don’t know quite how to phrase the question. To work like a mind works, in other words. “The end game of this is we want to make it as natural as possible a thought process,” he says. “We are maniacally focusing on the user to reduce every possible friction point between them, their thoughts and the information they want to find.” Getting ever closer to Page’s brain implants, in effect.

Knowledge Graph is the first real demonstration of that prowess. It started a couple of years ago when, Singhal says, “We ran into this tiny company called Metaweb, which had, through a symphony of machines and humans, begun to perfect a system to present real-world people, places and things in a computer memory. The method seemed scalable. So we bought this company.”

By that point, Metawab had stored 12 million reference points. Over the last two years, in its characteristic style, Google has quickly accelerated that to “over 570 million references with 18 billion factual connections between them”. (This is a sizable number: by point of comparison, the English version of Wikipedia has about 4 million pages.) Google is in the process of launching Knowledge Graph in seven languages and aiming to exhibit the same local intelligence in each.

Knowledge Graph’s project manager is Emily Moxley. She talks me though some of this intelligence. It goes quite a long way beyond being able to distinguish between an English query for football scores and an American one. “In Japan for example,” she says, “our analysis shows that people want to know quite a lot about the blood type of film stars”, so that will be a prioritized part of the instant Knowledge Graph in that part of the world.

Likewise, Japanese Googlers seemed short-click frustrated that the search for sumo wrestling data was not as accurate as it might be. “We worked on rectifying that,” Moxley says. “We thought at the very least we should be able to answer a certain depth of queries.” What kind of depth? “Somewhere at least in the most popular tens of millions,” she suggests.

More than that, Singhal wants to be sure all aspects of the data are properly in harmony with your desires. “If you wanted to find out about Dr Martin Luther King’s ‘I have a dream speech’,” he says, “you might want the text, you might want a picture of him, but we guess that what you really want is a video clip of him delivering the speech – so how to get that to the top of your search.” Again Knowledge Graph can deliver that; it starts to know what you want to know.

In talking to Singhal, it is quite easy to get caught up in the utopian possibilities of the technology and quite easy, of course, to forget that Google has also created wealth faster and more efficiently than any company in history; that it is probably the most effective generator of advertising dollars ever invented; and that a great deal of what it knows about us we might well want it not to (an unease that might grow by association now that Facebook has announced a search engine of its own data, one that promises to be even more intimate in its revelation of personal history than Google has ever dared to be).

Inside Google HQ. Photograph: Donald Weber for the Observer
All the Google employees I speak to adopt the same kind of reflexive flinch if you hint at any of this, if you suggest that their motives for all this data gathering, this knowledge sharing, might be anything other than pure. It is the same kind of “Why wouldn’t you trust us?” flinch that has powered the company’s growth through loyalty and that sees it refuse to reveal its own intimate search history even when threatened, as it is currently by the European Union, to prove that it does not artificially weight algorithmic results in favour of its own products and commercial partners.

Singhal rejects all of this. He winces when I ask: “What’s in it for Google?”

“We are a search people,” he says. “The thing that motivates me is to build a search engine that will outdo all my previous creations. Simple as that.”

Further, he believes, as a statement of faith, “that all information is empowering”. One of his favourite examples comes from his own family. Every year, Singhal returns to Uttar Pradesh and sees the transformations that the mobile availability of all the world’s knowledge has brought. And most years his father comes over to California. “My dad is a retired civil servant,” Singhal says, “and when he visited us he used to worry the whole time about returning home and taking presents through customs where the rules about what you could bring home were very complicated, and changing all the time, and he would get harassed and asked a hundred questions.

“I remember 10 years ago when he was here I showed him how to Google ‘Indian custom regulations’ and there it all was in black and white, up to the minute. He printed it out and his chest all puffed out. As soon as he got home he called me excitedly to say how he had presented the customs officer with this bit of paper and told him how his gifts for his grandkids complied with the letter of it. To which the customs officer replied, ‘Welcome home, Mr Singhal!'”

Singhal could no doubt point to a multitude of such examples. But what about the less measurable ways that the ease of search has changed our lives? I ask. What about the ways in which it has diminished the excitement of serendipity, the way that it has made the personal experience of a chance encounter with knowledge so much rarer?

Singhal has been working on that. The Knowledge Graph will still return the results it thinks you most likely need, but down the list it will have a randomized element; it will have chance built into it, another way it might mimic the way we think. His current obsession is in behavioural psychology; he has become an avid student of the work of Daniel Kahneman. “I just love the way it details how human beings feel when faced with choices and decisions, what makes you run away when someone offers you 32 chocolates to choose from, but which satisfies you when they only give you one chocolate.”

How, I wonder, will Google incorporate that knowledge in its unending search?

“I don’t know exactly yet…” Singhal says brightly, leaving you in no doubt of what might be his organisation’s guiding mantra: he will soon.

Threats to the Television Business Model?

Watch Out for the Startup Using Tiny Antennas to Show the Oscars on an iPhone

It might not survive legal challenges, but Aereo could force broadcasters into moving quicker to offer their shows online.

Broadcast news: Aereo sends broadcast television shows to its customers by assigning each user one of the tiny antennas (seen here) it has deployed in a data center.

Over the last few years, big broadcast networks like ABC, NBC, and CBS have only slowly started to air their regular shows and big events online. A startup called Aereo has a brash plan to profit from that by making it possible for its customers to watch live broadcast programming on their computers, phones, and tablets. If it survives legal challenges, it could encourage more people to cancel their cable or satellite TV subscriptions.

Aereo has cleverly designed its technology to exploit the fact that anyone is allowed to put up an antenna to get free, over-the-air broadcast signals. In the U.S., an estimated 20 million homes still get programming this way, through antennas on the roof or rabbit-ear-style ones on their TV sets. Aereo essentially does this on behalf of its customers. The company makes quarter-sized antennas and packs them into a data center. Each antenna picks up on a broadcast signal and relays it, one viewer at a time, to an Internet-connected device.

Because the antennas can grab only local broadcast signals, Aereo’s customers can use the service to watch shows broadcast over the air on their local stations. But even that makes a lot of programming available that would otherwise be hard to see live, if at all, on the Internet: sports, news, and big events like the Academy Awards. Aereo’s customers can also record shows and watch them later.

Aereo began a year ago in New York City and is now expanding into 22 markets. It is going after the growing contingent of TV “cord-cutters” who would rather watch on-demand content online than pay for cable or satellite packages. Aereo charges a minimum of $8 a month for a subscription.

Chet Kanojia, Aereo’s CEO and founder, won’t say how many New York City residents have used the service since the company launched (and prompted immediate lawsuits from the broadcast networks). Whatever progress Kanojia and his investors have seen, however, has been enough to encourage the company’s announcement earlier this month of an aggressive 22-city expansion. “We have ambitions to be a global company at some point, and you’ve got to start somewhere,” says Kanojia. “There’s much more of a market opportunity if you don’t just sit on your hands.”

The next year could determine Aereo’s fate. Last July, a federal judge ruled against shutting down Aereo, but that decision is now in appeal. TV networks argue that, like cable and satellite providers, Aereo should pay “retransmission” fees in order to carry their broadcasts.

Aereo, backed by media company IAC and its chairman, Barry Diller—a former TV and movie executive—has gotten generally positive reviews (see “Aereo Has Landed in New York (First Impressions).” But there will be technological challenges ahead, says Ramesh Sitaraman, a University of Massachusetts computer engineering professor who focuses on the design of large-scale Internet systems. His research shows that audiences are sensitive to the quality of a video streaming service. Delivering that for large TV audiences, fitting the stream to many devices, and creating a reliable recording service would be big challenges for any startup, he says. For now, Aereo works only in laptop and desktop computer browsers and on devices made by Apple and Roku.

Kanojia says it takes Aereo no more than 60 days to expand into a new city. In that time, the company can find roof space for the antennas on top of an existing data center, where it rents space for servers. Delivering the streaming content, he says, is faster and far cheaper than it is for, say, Amazon, because Aereo only provides service in that city. He acknowledges, however, that it has been a challenge for Aereo to deliver content to every possible mobile device (it has no Android app yet), which is one reason the company is hiring more engineers with part of its recent $38 million fundraising round. It has raised more than $60 million overall.

Dan Rayburn, an analyst with the firm Frost & Sullivan, questions how many people will pay for a service that is essentially limited to broadcast television. Aereo has so far struck one deal to pay for a cable channel, Bloomberg TV.

Kanojia points out that there are more than 100 million cable and satellite subscribers in the U.S., and that Aereo doesn’t need to disrupt the entire industry to succeed. Getting five million subscribers—or 2 to 3 percent of the population in each market—would be a “home run” for the company, he says.

Aereo’s larger impact could come from prodding traditional programmers and cable providers to provide more online options, on more devices, and with a greater variety of pricing structures. Last year, for example, NBC broadcast the Super Bowl online for free for the first time. But ABC has not yet made the Oscars, for instance, available live on its own sites. Now Aereo gives people a way to see the awards show on a computer even without ABC’s involvement.

This story was updated on January 18 to clarify that Aereo’s service works on PC browsers and not only with Apple and Roku devices.