Breakthroughs and everyday innovations from the year.
HEADLINES ON January 18, 2005
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- Headline: Doubling Aid to Alleviate Global Poverty. Impact: The U.N.'s call to double aid went largely ignored, leading to a world where poverty still thrives and we all have to pretend that our Starbucks is ethically sourced. Thanks for that, world leaders!. Fact: Did you know that if every industrial nation doubled its aid, we might actually get to see less poverty? But hey, who needs progress when you can just keep saying 'we're working on it'?.
- Headline: Columbia University Mideast Tensions. Impact: The tensions at Columbia over Middle Eastern politics became a flashpoint for campus activism, ultimately leading to a bizarre cycle of protests and counter-protests. Ah, nothing says 'higher education' like shouting at each other about complex issues!. Fact: Did you know that the phrase 'academic freedom' is often just code for 'I can say whatever I want without any consequences'? Welcome to university life!.
- Headline: BUSINESS DIGEST. Impact: The domain name debacle at Panix.com made tech companies realize the importance of digital real estate, leading to a frenzy of domain squatting. Plus, it propelled many a techie into a panic mode that would make caffeine-fueled coding sessions look like child’s play.. Fact: Did you know that the Internet is basically a giant game of musical chairs, but instead of chairs, it's domain names? And when the music stops, you might just end up with a '404 Not Found' error!.
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Amazon - If you invested $1,000 in 2005, it would be worth $101,869 today (101.9x return)