It starts on the 9th page here

https://gwern.net/doc/technology/1996-mcphee.pdf

  "Most of the private credit loans were floating rate and tied to the federal funds rate, which has persisted at a high level over the past three years. Fitch pointed to this as a catalyst for last year's defaults."

I guess it is fair to say the federal funds rate has persisted at a high level over the past three years now isn't it?

https://www.macrotrends.net/2015/fed-funds-rate-historical-c...

Also interesting to note, "Fitch recorded NO defaults in the software sector last year. The rating agency noted it categorizes software issuers into their main target market sectors when applicable."

https://www.crainsdetroit.com/article/20070917/SUB/709170352...

https://mixergy.com/interviews/andrew-fashion/

  Meta aims to introduce facial recognition to its smart glasses while its biggest critics are distracted, according to a report from The New York Times. In an internal document reviewed by The Times, Meta says it will launch the feature “during a dynamic political environment where many civil society groups that we would expect to attack us would have their resources focused on other concerns.”

  "It's getting hard to not be conspiracy minded here. They closed  CSRB, destroyed CISA. CISA has no confirmed director.  This just adds to kind of a complete surrender at least on the cyber side. We are spectacularly poorly prepared right now for a cyber attack."

One of those things that seem POSSIBLE, but then again...

  A study led by Stanford Medicine researchers has found that an injection blocking a protein linked to aging can reverse the natural loss of knee cartilage in older mice.

  "As the Internet continues to evolve, it is no longer the technically innovative challenger pitted against venerable incumbents in the forms of the traditional industries of telephony, print newspapers, television entertainment and social interaction. The Internet is now the established norm. The days when the Internet was touted as a poster child of disruption in a deregulated space are long since over, and these days we appear to be increasingly looking further afield for a regulatory and governance framework that can challenge the increasing complacency of the very small number of massive digital incumbents. 

  It is unclear how successful we will be in this search for responses to this oppressive level of centrality in many aspects of the digital environment. We can but wait and see."

  "It’s hard to quantify just how widespread the phenomenon is, but certain notably offline hobbies are exploding in popularity."

That does seem like a really big assumption though.

  "It is a DDOS attack involving tens of thousands of addresses"

Cory Doctorow's talk is quite strong.

These are interesting, but certainly not at the same level:

https://www.theverge.com/news/802905/eye-implant-smart-glass...

It was pretty cool, lonnnng time ago!

  "Turns out it was Lyme disease (yes, the real one, not the fake one) and it (nearly) progressed to meningitis"