Tyler Cowen writes “The real puzzle this year is why so much of America’s noxious discourse has become concentrated in national politics.” This is an interesting question, but the phenomenon of America’s discourse being focused on politics (and government) is not unique to this year. I don’t have a great answer, but I do a have a few thoughts:
As I listened to this podcast I was struck by the link between the selfless behavior described and behavioral economics. They both seem mainly to describe behavior in small groups.
For example, the behaviorists describe many ways in which individuals are irrational in decision making (e.g. being more averse to losses that they would value like gains). Yet stock markets operate efficiently at least in the sense that no one can use these insights to consistently profit. The behavior is observed in individuals, but in not when they act with many others in a crowded market. Why? The structure of the market (*e.g. opportunities for arbitrage) bleeds the irrationality out of market prices.
Likewise, the selfless traits of individuals (and perhaps their innate sense of justice) also seem to get lost when they deal with others in large anonymous market– witness past political demands for mandatory minimum sentences, multi-level marketing schemes, people taking advantage of government programs who are not truly needy.
The simple conclusion is that crowded markets (and perhaps other spheres) produce more rational results– but that is not always a good thing.
I suspect there are deeper insights to be had about institutional design to incorporate this insight, but for now I leave that to others.
Why is there not Microsoft TV to compete with $99 boxes from Apple, Roku, Amazon and Google?
Ii seems to me Microsoft should sell a $99 box that runs a variant of Windows 8.1. If Apple, Roku and Amazon can make such a box, why can’t Microsoft. This device could run media apps for Windows RT and the Xbox One.
I am probably being overly simplistic, but it seems like For the first time in years Microsoft’s platforms are well aligned to make this happen. Xbox One is running a variant of Windows, so making its apps run on this device should not be too difficult. The Windows RT apps run in a much more constrained environment that is well suited for a device rather than a PC. Now that WIndows is running on ARM, if necessary they could use an ARM processor. Windows now runs leaner than ever, reducing the hardware resources (and cost) needed for such a box. The acquisition of Nokia gives Microsoft access to personnel skilled in hardware manufacturing and sales.
This may not be a billion dollar business, but it preserves Microsoft’s ability to keep its platforms and services wherever people might want them and that should be important to them, especially if their services are not welcome on boxes running of other platforms, e.g. Android TV, Fire TV or Apple TV.
The original unveiling of the Xbox One touted its prowess as a media consumption device. Its HDMI input would allow it to be used to watch TV and other apps would bring the user other media. The new Kinect would allow everything to be controlled futuristically by voice.
With the release of the Smartglass beta, some of that promise may finally be realized, but it was not always so.
When the Xbox One came out, the Xbox wasn’t so great at processing certain 5.1 signals from the HDMI in, voice proved to be awkward as a primary input mechanism and the Xbox interface combined with a controller or remote was not a great experience either. Further, those people with DVRs could only watch live TV. They could not access or set shows to record.
The new smartglass beta overcomes the most serious of those problems. Here are the ways:
- It provides a slick, easily navigable second screen interface to access content on all the Xbox One media apps.
- It duplicates the functionality of a DVR remote so that you can access all the other features of your DVR besides live TV.
- It provides an serviceable way to move around the Xbox onscreen interface.
- It provides additional information on various possible media selections, e.g. a program synopsis.
- Controls for volume, play and pause (and other transport controls) are available from anywhere—no matter what content source you are watching, be it Netflix or live TV.
- Finally one guide and Bing searches are really useful enabling relatively easy access to content across services.
- It turns out a second screen better than voice control.
Further, the sound pass-through issues with the HDMI in appear to have been resolved and the Kinect acts as a really effective IR blaster to control your DVR, TV and Receiver.
Although it is not perfect and there is much room for improvement, this my be the best integration of a remote control with robust second screen content selection out there. The Harmony app has no second screen content selection and all other second screen apps are unique to individual media sources and lack any universal remote capability.
Despite its promise, the current implementation is not without its problems:
- When switching to watch TV, the Xbox One does nothing to get to live TV on your DVR— the only place channel selections can operate. Smartglass should send command to make sure the DVR is displaying live TV whenever starting the TV app and whenever changing channels after using the remote control functions. (For TiVo sending the following three commands would do just that: Menu, Guide, Guide (which will get you to Live TV no matter where you are).
- It takes too long for TV listings to load on smartglass.
- Support of OneGuide in Xbox apps is inconsistent. For example there is no Netflix in OneGuide and Vudu doesn’t show selections from your library.
- In experienced some freezes and dropouts when watching a TiVo Roamio on one of my Xbox Ones, but not when using a TiVo Mini with another. It is hard to know whether these issues are significant, but how would I get them fixed if they persist?
- There is no good way to play content on a local network server. Some content can be played from OneDrive, but that is less than ideal. A nice Plex or DLNA client would be welcome.
- The Blu-Ray played in the Xbox One still has no 3D capability. The means I have to keep a standalone Blu-Ray player.
I hope that the Xbox One team addresses these issues and continues to work on these features. There is a great deal of promise in the Xbox One for home media aficionados.
I recently purchased the AOC E1649FWU, a 16″ USB powered portable second monitor for less than $90. I bought it with the idea of taking it on vacation so that when I have work to do with the laptop I bring along, I will have the use of a second monitor.
I have every intention of using it that way, but right now it has found a home as a second monitor for our family room PC. It works surprisingly well as a second monitor that can be brought out for occasions when doing substantive work on that PC and put away (so as not to clutter the desk at other times).
The monitor fits into an old 17″ laptop bag along with our new ultrabook and is powered by USB, so no need for a heavy power supply.
After the Sony PlayStation 4 E3 press conference announcing that PS4 games could be resold while the Xbox One places restrictions on transfers of games, the Sony policy is being hailed as more “pro-consumer” than that of Microsoft.
I suspect there is less difference than meets the eye and what difference there is exists because of technical differences in how the two consoles handle the DRM (digital rights management) for game software. Contrary to exaggerated claims, it is not as if the PS4 games have no DRM—after all it will obviously not be possible to make copies of your new PS4 games for your friends.
The difference is that Sony is handling DRM at the level of the disk itself, whereas Microsoft is handling DRM by associating a given game with a users online Xbox Live account (the same as their Microsoft Account).
On either console when a game is transferred to a new user, there must be a mechanism of preventing the transferor from continuing to use that game. In the case of the Xbox One, a game seemingly can’t be played for more than 24 hours after the console has “checked in” online to confirm the the player is still the authorized owner of the game. In the case of the PS4, the disc itself must be in the drive to play the game.
In theory these systems need not accord significantly different rights to their users as long as there is a means of transferring a game from one Xbox Live account to another Xbox Live account. In practice, the MS policy may be more restrictive in the following ways:
The bottom line is that we don’t yet know whether these restrictions will make a big difference between the Xbox One and the PS4.
In addition, there are some significant advantages to the Xbox One system:
- No need to swap discs to play different games—something I personally dislike and which limits my enjoyment of older titles.
- In a house with multiple Xbox Ones multiple family members can play the same game simultaneously, e.g. we could play a private game of Halo on our four consoles using just one purchased game.
- Game distribution need no longer involve expensive retailers.
- You can have have access to your entire game library from any console.
- You can enable third party add-on storage (e.g. 3TB hard drive) without worrying about DRM.
Of course Microsoft could have set up a a dual system where certain rights were accorded to digital purchases and copies played from physical discs lacked those rights, but I suspect that would have angered retailers.
What should be obvious now is that (i) there is no pareto-optimal way to move to digital distribution, and (ii) neither system is inherently more “pro-consumer.”
I wish the Xbox One had at least some form of backwards compatibility with the Xbox 360.
The lack of back compat won’t prevent me from buying one on Day 1, but It does mean that
- I will probably buy just one rather than the four I would need to replace all my Xbox 360s.
- I will not be buying any new games between now and the time the Xbox One comes out.
The first point could change if it turns out that the Xbox One is actually a Windows Media Center client or can be used as an extender, but I am not holding my breath.
The second point is slightly counterintuitive in that I won’t buy games that I would likely “finish playing” before the Xbox One comes out. Why? Because I like having games in a collection that I could play at any time. This is especially true of Xbox Live Arcade titles that I don’t need to put a disc in to play. Do I play the 75+ Xbox Live Arcade Titles I own regularly? Not many, but I like knowing that I could. The Xbox One takes away that capability and that is enough to make me stop buying games.
Interestingly this view of games makes me the hero of the games publishing industry. Rarely will I resell a game I have finished because then it would be gone from my collection. I could start reselling games, but that is more work that just not buying any more for a while.
Besides this will give me time to actually revisit various aspects (including multiplayer) of many of the Xbox 360 titles in my collection. And revisit some excellent XBLA titles I have acquired over the years.