Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON August 27, 1998
Full News Archive
- Headline: Cigarette Producers Skip Tobacco Negotiations. Impact: The tobacco companies' reluctance to participate in talks led to a marked increase in the popularity of e-cigarettes, ultimately resulting in a world where vape shops became the new coffeehouses and 'vaping culture' became a thing. Who knew inhaling flavored vapor would require its own set of hipster etiquette?. Fact: Did you know that these companies can make billions selling a product that kills you? Meanwhile, my avocado toast is somehow overpriced..
- Headline: Judge Upholds Million Youth March in Harlem. Impact: The Million Youth March, by simply existing, sparked a nationwide movement for youth activism, inspiring countless teenagers to take to the streets with causes ranging from climate change to TikTok dance rights. All thanks to one judge who clearly had a sense of humor about the First Amendment.. Fact: Did you know that denying a permit to a peaceful march is like denying a cat its right to knock things off tables? Both will end badly..
- Headline: Possible Benign Use Is Seen for Chemical At Factory in Sudan. Impact: The revelation of the chemical's benign uses paved the way for a future where 'weapons of mass destruction' were rebranded as 'weapons of mass confusion', leading to an entire industry dedicated to creating harmless chemical products that nobody trusts. Think of it as a bad chemistry joke gone global.. Fact: Did you know that chemical weapons are bad? But apparently, they can also be used to make really cool party favors if you squint hard enough..
- Headline: Thin and Stylish, Flat Panels Still Cost a Bundle. Impact: The high price of flat-panel monitors led to a technological arms race among manufacturers, which eventually resulted in the creation of screens so thin they could double as coasters. Who would have thought that the quest for a better screen could lead us to the point where we forget how to read books?. Fact: Did you know that LCDs are so advanced now, they can practically run your life? But they still can't make a decent cup of coffee..
- Headline: Owners Give $2.3 Million To Clone Dog. Impact: The $2.3 million donation to clone a dog sparked a global fascination with pet cloning, leading to a bizarre trend where wealthy individuals began cloning not just dogs, but also increasingly absurd pets like goldfish and hamsters. This ultimately resulted in the rise of the 'Clones of the Rich' reality TV series. Can you say 'ratings gold'?. Fact: Did you know that cloning pets is the ultimate form of 'you can't let go'? Next they'll be cloning exes!.
- Headline: The Royal Treatment; Ruling Family Feuds as Oil Income Drops in Brunei. Impact: The Sultan's family feud over dwindling oil income set off a chain reaction that inspired a new genre of reality TV focused on royal families and their dramas. As the oil prices plummeted, the Sultan's family became the Kardashians of Brunei, leading to countless 'Keeping Up with the Sultans' memes.. Fact: Did you know that oil wealth can create royal drama? Apparently, it’s not just a soap opera, it’s a whole season of ‘Who Wants to Be a Sultan?’.
- Headline: Advice for Playing Better Plus Lots of Gear and Gab. Impact: The tennis advice website inadvertently led to a minor tennis revolution where average players began demanding better equipment, indirectly causing a spike in tennis injuries. Who knew that a little internet advice could turn casual players into aspiring pros and lead to a rise in physical therapists?. Fact: Did you know that tennis is the only sport where yelling at a ball can actually be considered a strategy? Just ask any pro!.
- Headline: Fill It Up, With RAM. Impact: Volvo's innovation in automotive technology led to a future where cars became sentient, sparking the great 'Self-Driving Car Debate' that divided humanity into those who embraced the future and those who just wanted to keep their driving privileges. Thanks, Volvo, for potentially causing the end of road rage!. Fact: Did you know that the first microprocessor in a car was in a Volkswagen? Too bad it didn't come with a manual on how to avoid existential crises while driving..
- Headline: RENO IS EXTENDING INQUIRY INTO GORE AND FUND-RAISING. Impact: Attorney General Janet Reno's inquiry into Al Gore's fundraising led to a political circus that forever changed the face of campaign financing in America. Who knew a simple investigation could turn into a multi-year saga that made political debates about as exciting as watching paint dry?. Fact: Did you know that investigating politicians is like trying to catch smoke with your bare hands? Good luck with that!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)