Page 15 - Forbes - Asia (July - August 2018)
P. 15

ners. his is particularly absurd for
           the game of baseball. Unlike foot-
           ball, in which, statistically, the best
           team on paper usually wins a game,
           baseball is diferent: Any team, no
           matter how bad, can win a single
           contest.
             his year we could end up with
           two wild-card teams with an im-
           pressive 100 wins each during the
           regular season. To have their chanc-
           es of making it to the World Series
           rise or fall on one game is deeply
           ofensive and undermines fans’ faith
           in the fairness of it all. At the least,
           MLB should  gure out how to make
           this year a best-two-out-of-three
           contest. And beyond that MLB
           should shorten the regular season
           and add games to the playofs. he
           length of the postseason period
           hardly needs to be as long as those
           for basketball and hockey. But the
           system needs changing to remove
           the current capriciousness.


                                       Babies Are Not Born Adults

           World-changing inventions rarely ar-  handful—into battle. German forces   improved, as did the techniques for pro-
           rive full-blown, having to go through   panicked, never having seen such mon-  ducing them en masse. By 1918 Germa-
           any number of iterations and shakeouts   sters before. It’s no surprise that the   ny realized it had made a catastrophic
           before their full signi cance becomes   German high command initially went   blunder. Too late. Sadly, Germany didn’t
           glaringly obvious to all. hink of the   into a frenzy, ordering all-out eforts   make that mistake again.
           early days of autos, when 99.9% of U.S.   to produce a model of their own, as   he second example is what’s cur-
           manufacturers failed; or the boom in   well as new weapons to neutralize the   rently unfolding with cryptocurren-
           personal computers in the early 1980s,   machines.                 cies. his sector smells of fraud and
           which was followed by a massive wave   But almost as suddenly, these eforts   scams. Bitcoin itself is way down from
           of failures and led some to declare   were throttled. German militarists con-  its highs. A massive shakeout, with lots
           that PCs were no more than toys; or   cluded that tanks were vastly overrated   of scandals, seems imminent. Govern-
           the spectacular dot-com bubble of the   and not worth allocating a meaningful   ments, barely concealing their glee, are
           late 1990s, which led to a sensational   amount of scarce resources. he British   cracking down and conjuring up regula-
           bust that had many supposedly smart   and subsequent French tanks were all   tions to “protect the consumer.”
           observers concluding that information,   bark and little bite, as they were prone   he skeptics will have a  eld day.
           retail and social websites had no future.  to breaking down; their speeds were   But their criticism and scoing will
             Two things—one historical, the   snail-like, making them easy targets   miss what’s happening: An entirely
           other current—recently brought all this   for artillery and even infantry grenade   new worldwide ecosystem is emerging.
           to mind.                         attacks; and they were cumbersome,   Advances in blockchain technology will
             he  rst was prompted by a docu-  getting stuck in trenches. In short, tanks   soon do to the global  nancial pay-
           mentary (part of he Great War series   were of little or no efective battle eld   ments system what the internet did to
           on YouTube) about Germany’s belated   use.                         traditional print media. And advances
           attempt to develop a battle eld tank,   But the learning curve in technology   will be made in creating easy-to-use
           the A7V, near the end of World War I.   turns what looks messy and riven with   cryptocurrencies that will be genuine—
           Nearly two years before, in 1916, Brit-  shortcomings today into world-chang-  and better—alternatives to the govern-
           ain had introduced the  rst tanks—a   ing entities tomorrow. Allied tanks   ment  at currencies we have today. F
         AL BELLO/GETTY IMAGES

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