I got nothing

After nearly six weeks in Melbourne’s current lock-down (#6 if anyone is keeping count…), I have nothing to blog about this week.

The lack of external stimulus has finally beaten me, and I have nothing much to say. The muse is gone, the well is dry, and there’s only so much you can say about being confined to quarters.

One benefit of this enforced inactivity has been the opportunity to catch up on recent movies, that I either missed at the cinema, or which were not widely distributed upon release.

A few of these films seem perfectly suited to these times – mainly because nothing much happens. These particular stories are more concerned with slow observation and self-reflection.

In “The Truffle Hunters”, there is a stillness bordering on stagnation, as a group of elderly men respond in different ways to the changes being foisted upon their cottage industry. It’s not just the fact that their traditional way of life is coming to an end – it’s the nagging inevitability of their situation, and the growing realisation that there’s probably nothing they could have done to avoid this happening.

Stagnation of a different kind informs the main characters in “Another Round”. They see their lives as being stuck in a rut (although outwardly, they have a comfortable existence), and they feel relatively helpless. Until, that is, they stumble upon the idea of a social experiment, which involves maintaining a consistent blood-alcohol level. They embark on the project to see if they can enliven their mundane existence, with vastly different results.

A similar sense of helplessness pervades “Brad’s Status”. Similarly dissatisfied with his life, and with a growing awareness that perhaps he has misread key social relationships, a middle-aged father uses a trip with his son to re-assess his friends, reflect on his values, and re-connect with what sustains him. He also finds contentment in his achievements, and achieves a sense of acceptance about what he can and can’t change or control.

Finally, a journey of self-realisation also befalls the protagonist in “People Places Things”. When his marriage collapses (and he didn’t see it coming…), our hero finds a way to use his work to explore and resolve this apparent failure to read the situation. In the process, he learns how to communicate his feelings, and more importantly, he gets comfortable with who he is.

Next week: No-code product development

 

 

To be or NFT?

If there’s one consistent lesson to be learned from Blockchain and crypto is that the enabling technology often outpaces our understanding of the viable use case, commercial application or sustainable business model. For example, smart contracts have only recently proven their value with the rise of decentralized finance (DeFi). Even then, they are not perfect and if not well-coded can result in hacks, losses or other damage. Plus, until scaling (transaction throughput) and gas fees (transaction costs) are properly resolved, mass adoption is still some way off.

CryptoPunk #7523 (Image sourced from Reuters)

The latest crypto phenomenon is the market for NFTs (non-fungible tokens). Artworks in the form of digital files are being created, auctioned and traded for serious (or very silly?) amounts of money – just Google EtherRock, Beeple, CryptoPunk or Rare Pepe for recent examples.

NFTs are not just confined to digital art – animation, video, music and text are all being created in the form of NFTs. In addition, NFTs are being minted to represent ownership or other IP rights for physical artworks, real estate assets, collectibles and luxury goods.

Why would anyone pay the best part of US$12m for the original digital file of CryptoPunk #7523, a copy of which I have displayed above?

Perhaps we need to consider the following:

First, the image above is simply a low-res web image, easily reproduced via copy and paste – it’s not the “real” image as represented by the code or digital file embedded in the NFT. The original file is owned by the NFT buyer, and if it is an edition of one, then that is the only authentic version. Scarcity (as well as kudos) is a key market driver in NFTs – but only if someone else attaches financial value to the work (just as in any art market).

Second, owning the NFT does not necessarily mean you own the copyright or other rights associated with the art work. (I may own a Picasso painting, but I don’t own the image contained in the work.) So, apart from holding an NFT in your digital wallet or displaying it in a virtual art gallery, the only right you have is to re-sell the work. This means you can’t commercialise the image for t-shirts, on-line redistribution or reproduction (unless the owner has agreed to grant such rights within the NFT). (My use of the image here would be covered by the “fair use” principle, for the purposes of illustration and/or critical analysis.)

Third, unless you are able to export the NFT from the marketplace or platform that sold it, the NFT may “vanish” if the platform goes offline for any reason. (Doubtless, platforms need to enable token transfers to other market places and to users’ own digital wallets, otherwise there could be a lot of stranded and/or worthless NFTs in years to come.)

Fourth, the creator of the original work may be entitled to a % of the resale value of the NFT. This is obviously an important consideration for artists and other content creators, and I see this as a positive development. By extension, musicians, authors, film-makers and designers can more easily track and control the downstream revenue generated by the use and licensing of their works by third-party marketplaces, streaming platforms or 3D printing and fabrication services.

Fifth, NFTs support improved authentication, provenance and chain of ownership, as well as bringing more transparency to the world of art auctions – valuations, bidding and prices could all be hashed on the Blockchains that track the NFTs.

Finally, if NFTs are seen as a form of bearer bond (linking ownership to whomever controls the token), they could also be used to package up a portfolio of different crypto or digital assets, and auctioned as a single lot. The buyer could then unlock the disparate assets, and combine them into subsequent bundles – bringing a new dimension to block trades and the transfer of large bundles of stocks.

Next week: I got nothing

 

More Music for Lock-down

Last year, as Melbourne was entering its second, lengthy lock-down, I listed some of the music that helped to sustain me during the endless days of working from home. Now, as the city faces another (twice-extended) 4 week lock-down, music is one of the few pleasures still available….

My updated list includes:

Eduard Artemiev – Solaris (Original Soundtrack) A science fiction film from 1972, and in the vein of JG Ballard or Brian Aldiss, it concerns the strange psychological illness that afflicts scientists on-board a space station orbiting the planet Solaris. The slightly claustrophobic electronic score is offset by a number of compositions by JS Bach. Note the early Zoom call and all-day PJs featured in the accompanying stills from the film.

Various Artists Pacific Breeze: Japanese City Pop, AOR & Boogie 1976-1986 Perfect antidote to lock-down blues, this compilation of mostly up-tempo numbers reveals more depth below the shiny surface – the arrangements, choice of textures and compositional structures make this more than just easy listening. (Released by the excellent Light in The Attic label, there’s also a second volume, plus related compilations that focus on the more ambient and experimental end of the spectrum.) Definitely a mood-enhancer.

Hans-Joachim Roedelius – Drauf Und Dran The prolific Roedelius has released one of the most sublime albums of his lengthy career – which is saying something for an artist closely associated with ambient and minimalist styles. A piano-based album, with very few electronics or effects, the clarity of composition and playing make for a brief but welcome respite from the mental fug of lock-down. In a similar vein, I would also recommend Brian Eno’s soundtrack to the Dieter Rams documentary, and Eno’s recent work with his brother, Roger, the albums Mixing Colours and Luminous.

Mogwai – ZeroZeroZero Another soundtrack, for the TV series of the same name (which I have not seen). Like the Solaris soundtrack, the music is more about the atmosphere than the narrative, and all the more powerful as a result. Also worth mentioning is Mogwai’s recent studio album.

Khruangbin = クルアンビン* ‎– 全てが君に微笑む Khruangbin are a band whose music I heard on a couple of sampler albums, without knowing anything about them. Playing an infectious blend of instrumental Funk, Psychedelia and Dub Reggae, this compilation brings together a number of their early singles (including inspired covers of Serge Gainsbourg and Yellow Magic Orchestra). Rather beautiful for these monochrome times.

Michel Legrand – La Piscine Yet more soundtracks, this deceptively lightweight but lush album, featuring just the right amount of economic violin solos by Stéphane Grappelli (who could let his virtuosity get the better of him), recently got a re-boot for Record Store Day, so it’s pretty hip at the moment. Other soundtrack and library music compilations I have been delving into include Adventures in Soundtracks, The Music Library and Unusual Sounds. Mostly reflecting the anonymous/unsung world of studio session composers and players of the 60s and 70s, most people would recognise at least one or two tunes, if only from their use as samples in other records.

Greg Davis – Somnia Finally, a work of stillness and contemplation – built on sustained drones and minimal instrumentation, this album nevertheless manages to generate immense depth and emotion. Again, perfect listening in this stilted yet listless environment of lock-down, curfew, social isolation and pent-up frustration and sorrow. (Also check out the Davis’ contemporaneous work, Diaphanous.)

Next week: Startupbootcamp Sports & EventTech Demo Day 2021

Cancel or Recalibrate?

In the wake (sic) of wokeness and cancel culture, it was interesting to read that Disney has decided to add a health warning of “negative depictions of cultures” to re-runs of the Muppet Show. So rather than cancel these programmes, it has chosen to (re-)contextualise the content for a contemporary audience.

I don’t have a problem with this type of labelling, or indeed on any other content, if it helps to aid understanding, generate debate, and acknowledge past lapses of taste or judgement. Especially as programmes like the Muppet Show were huge in the heyday of mass-market network television, before cable and streaming fragmented audiences into pre-defined sub-genres and segregated demographics.

Indeed, I’ve grown used to similar health warnings attached to re-runs of many BBC radio dramas, from the 1950s through to the 1980s, when “social attitudes were somewhat different to today”.

But, if we continue along those lines, should we be applying similar health warnings to Shakespeare’s plays, Greek tragedies, French farces, Norse legends, European folklore as told by the Brothers Grimm, or Roman accounts of gladiatorial victories over their hapless victims?

In which case, I look forward to the same contextualisation (and health warnings) of any programmes that quote, cite, promote or reference key religious texts, most of which were written hundreds and thousands of years ago, yet which similarly offend our current values and societal norms.

Next week – Facebook and that news ban