The Weekend Zeitgeist – 5.4.2019

Every morning, we run The Narrative Machine on the past 24 hours worth of financial media to find the most on-narrative (i.e. interconnected and central) stories. On the weekend, we leave finance to cover the last week or so in other shifting parts of the Zeitgeist – namely, politics and culture. It’s not a list of best articles or articles we think are most interesting … often far from it.

But these are articles that have struck a chord in narrative world. 


May 4, 2019 Narrative Map – Non-Financial Articles

Source: Quid,. Epsilon Theory

The folly of raising the gas tax [Washington Times]

I think the reason that infrastructure is such a fascinating recurring topic – beyond the fact that it is relatable on an everyday basis – is that it’s so surprisingly subject to cartoonification, or at the very least oversimplification. It’s also (relatedly) a reasonably strong litmus test for your political affiliation. I give you the Parkway Postulate:

As the length of an infrastructure editorial approaches 1000 words…

  1. The probability that a progressive author / board will use the word “crumbling”;
  2. The probability that a libertarian author / board will use the expression “private roads”; and
  3. The probability that a conservative author / board will refer to “bike lanes”

All approach one.


The ‘Valley Girls’ of the Rio Grande [New York Times]

Immigration narratives are complicated and perilous, mostly because they call upon powerful memes. Safety! Liberty! Rule of law! Humanity!

When public personalities express an opinion on immigration in the United States, it is usually a way to signal to others which of those legitimately valuable principles they most wish to attach themselves to. There is little room for nuance. No one cares what your actual view is, because they’re going to auto-tune you into a few pre-set classifications anyway. In the Widening Gyre, it is politically useful to be able to pigeon-hole Americans into being either an Open-Borders Freak or a Closed-Borders Nationalist. Why else do you think this story rose to the top of the Zeitgeist, as one of the most linguistically interconnected of the more than 428,000 news / feature / opinion articles in our query this past week?

Yes, like most feature journalism, this NYT presentation is transparently Fiat News. But The Valley, like most land borders, IS one of the most unusual places in the world. You will drive down one road and feel unfailing optimism, and down another and feel an unbearable, oppressive weight. It’s not a place that allows you to keep a pigeon-holed view of anything for very long. Spend time there. Meet the rough and beautiful people who are building lives and families there. Meet some of the people who are trying to ease those burdens.

If you are anything like me, you’ll come away with greater love for immigrants AND a desire to bring far more into our country AND greater love for the rule of law concerning borders.

You will also come away with even more disdain than you can imagine for the politically convenient false dichotomy between these ideas.


Get the dirt on living in the country [VillageSoup of Knox County, Maine – I think]

Renewables to Become the Norm for the Caribbean [IPS]

Surround yourself with the calmness of the forest [Murfreesboro Post]

Kit Carson: The True Pathfinder of the Frontier [Tahoe Quarterly]

Black Canyon | The Whispers of the Lower Colorado [Adventure Sports Network]

Uh…guess it’s been one of those weeks, America? Need a break?


Bian: The trouble with the ‘identity politics’ accusation [Daily Northwestern]

A second Weekend Zeitgeist theory: As t approaches one semester, the probability that at least one editorial or opinion submission to a college newspaper will include the literal transcription of the dictionary definition of a word also approaches one.


The state of the chatbot market in 2019 [Clickz]

example of an AI chatbot

A 27% CAGR? Really? Someone find us whoever’s running the book on WeWork so that we can gin up something more interesting than that.


The Good and the Bad sides of the Fintech Industry [A Press Release? I honestly don’t know]

Yeah, OK, I have questions.

  • What is this thing? Is it a press release? It looks like a press release.
  • Why is this a thing? Who are we expecting to read this, and what is the action we are trying to provoke? To send them to a blog?
  • Who are the experts being quoted here? I googled like five of the phrases in this and came up bone dry. Did the author of this press release really write his own definition for a term and then phrase it as a quote from “experts?”

  • When did we decide that we were going to give fintech a definite article? I have archaic sensibilities, so I’m still on board with The Congo and The Crimea, even if we aren’t supposed to be, but The Fintech?
  • How did this get to the top of the Zeitgeist? Let’s zoom in to see all of the articles that are adjacent to it by language. It’s that bigger green dot in the center.

Ah. Well, there’s a pitfall to similarity-based language analysis. To some extent, it is gameable. The gobbledygook grab-bag we have in this…this…whatever this article is, is just the broadly distributed content equivalent of SEO.

Yet another thing to be aware of in our consumption of news.

Comments

  1. “If you are anything like me, you’ll come away with greater love for immigrants AND a desire to bring far more into our country AND greater love for the rule of law concerning borders.”

    I pine for the day when that was an acceptable position to take, which means I pine for a day three or four years ago or, definitely, no more than ten years ago. The political gyre has not only widened, it has widened quickly.

    Regarding the Fintech press release: bad teachers gave that writer good grades in English Composition in school / good teachers wore out their red pencils on his or her papers.

  2. On that last one, about fin tech,

    Go to the article, go all the way down.

    It’s written by presscable

    Google “presscable”

    Google the writer’s name.

    Fake name?

    Google “aerium”

    What impresses me about this, is that this company got this article to the top of the zeitgeist .

    So someone is purposely gaming things to get this up there.

    The SEO(I had to look that acronym up) comparison is apt.

    That is scary, but then again, if you want a company that can effectively do rep management or PR, …you’ve just seen how effective presscable can be

    That’s my zeitgeist

    Tim

  3. Ha, yes we obviously can’t have an increase in the gasoline tax. Your comment is wonderful. I liken it to every story on
    Zerohdege having a comment within 10 minutes of being posted that whatever it is about was either caused by/benefits/was false flagged/rips off the US/Gentiles/Palestinians/Arabs/whites and was masterminded by Jews/Zionists/Likud/Mossad/TheBilderburgs/Rothschilds and that such people are worse than Hitler/Nazis/Communists/Fascists. A la Godwins law only much more perverse. https://www.thestranger.com/slog/2018/06/19/27874178/godwins-law-suspended-by-godwin

  4. Me too, Mark. Me too,

  5. The worst part is these kinds of formulaic auto-responses ARE so predictable that you’ve got to think that a significant portion are just being driven by AI or simple scripting bots already. We’re heading toward more of this rather than less.

Continue the discussion at the Epsilon Theory Forum

Participants

Avatar for rguinn Avatar for Mkahn22 Avatar for merkava18 Avatar for Timdoc1

The Daily Zeitgeist

ET Zeitgeist: Raccoons Never Sleep

By Ben Hunt | May 28, 2021 | 5 Comments

Lemonade (LMND) isn’t just an insurance company. No, no … they’re an AI Company! ™.

Plus Chamath is up to his old tricks.

I hate raccoons.

Inflation as Ad Campaign

By Ben Hunt | May 24, 2021 | 0 Comments

An ET Pack member sent me this. Anyone else come across ads that directly call out inflation expectations? Would love to collect more screenshots like…

Many People Are Saying … Bitcoin is Art

By Ben Hunt | May 24, 2021 | 0 Comments

The Bitcoin Is Art thesis that I put out back in 2015 (The Effete Rebellion of Bitcoin) and recently put forward again (In Praise of…

Why Am I Reading This Now?

By Ben Hunt | May 24, 2021 | 1 Comment

Pack member Rob H. brought this up at last week’s Office Hours, and it deserves its own thread (as well as some attention from The…

Homeschooling Resources on ET Forum?

By Ben Hunt | May 24, 2021 | 0 Comments

I think a homeschooling VMPT is a natural for the ET Forum! On last week’s Office Hours conversation, ET Pack member Dan W. brought this…

ET Zeitgeist: With Enemies Like This

By Ben Hunt | May 21, 2021 | 9 Comments

This has been a bad week for Bitcoin and Bitcoin! TM alike. There’s no getting around that.

But whenever Paul Krugman and the Wall Street Journal agree on something … I want to be on the other side of that trade!

DISCLOSURES
This commentary is being provided to you as general information only and should not be taken as investment advice. The opinions expressed in these materials represent the personal views of the author(s). It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Any action that you take as a result of information contained in this document is ultimately your responsibility. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Consult your investment advisor before making any investment decisions. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance. Past performance is not a guarantee of future results.

Statements in this communication are forward-looking statements. The forward-looking statements and other views expressed herein are as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements, and there is no guarantee that any predictions will come to pass. The views expressed herein are subject to change at any time, due to numerous market and other factors. Epsilon Theory disclaims any obligation to update publicly or revise any forward-looking statements or views expressed herein. This information is neither an offer to sell nor a solicitation of any offer to buy any securities. This commentary has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Epsilon Theory recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.