Bearish on the Blogosphere: A 2009 Forecast

In last Tuesday’s presidential debates, moderator Tom Brokaw asked the candidates a difficult question: will the economy get worse before it gets better? Arguably, it is the President’s job to inspire confidence in our financial system, not to deliver candid investment advice. Unfortunately, such cheerleading amounts to a tax on the credulous buy-and-hold investor, favoring those who better understand the political game.

As I skimmed Technorati’s State of the Blogosphere 2008 report yesterday, I was reminded of McCain and Obama’s earlier performances. Technorati’s investigation reveals that bloggers are “savvy and sophisticated,” and their daily output is “integral to the media ecosystem.”

Technorati, in case you didn’t know, is a blog aggregation service, whose business is built upon the free content we bloggers create. Like our presidential candidates, it is not necessarily in Technorati’s best interest to provide a frank assessment of our future. So let me provide my own frank assessment. Continue reading Bearish on the Blogosphere: A 2009 Forecast

Is This The End of Mixed Martial Arts?

In the past few years, mixed martial arts has enjoyed remarkable commercial success. Some fans imagine that its popularity is a result of its vast technical superiority over traditional martial arts styles. But neither MMA techniques nor training methods are particularly innovative; much of what you see in the competition ring was pioneered decades or even centuries ago.

The recent success of the MMA product is best explained with a sociological model, not a technical one; and this model predicts an inevitable fall from grace. MMA will decay, like every style before it, into a traditional martial art. Continue reading Is This The End of Mixed Martial Arts?

Energy Medicine Becomes Front-Page News

Last year, I predicted that Qi Gong and energy medicine therapies would become big business over the next decade, possibly eclipsing both Yoga and the UFC combined.  I also predicted an increase in qigong fraud, where inadequately trained therapists operate expensive, ineffectual energy devices on desperate patients.

Sorry to say, I was right. Continue reading Energy Medicine Becomes Front-Page News