Breakthroughs and everyday innovations from the year.
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HEADLINES ON October 17, 2011
Full News Archive
- Headline: Amazon's Direct Deals with Authors. Impact: When Amazon decided to start signing up authors, it sent shockwaves through the publishing industry, ultimately leading to a world where unsolicited manuscripts are sent directly to the void. This decision not only revolutionized how books are published but also paved the way for future authors to become millionaires overnight, while traditional publishers were left wondering if they should start a new career in llama farming.. Fact: Did you know that J.K. Rowling was rejected by multiple publishers before finding success? Imagine if Amazon had existed back then; she could have just tweeted her manuscript and been a billionaire by breakfast!.
- Headline: The Bronx’s Unique Lineup Casting Director. Impact: This man's 'casting director' gig for police lineups might have inadvertently inspired a new reality TV genre: 'America's Next Top Suspect.' Who knew crime dramas needed a comedic twist? Now, future generations would be debating whether the line-up was a serious affair or a sitcom in disguise.. Fact: Ever wonder how police lineups are set up? Spoiler alert: it’s not unlike casting for a soap opera, except the stakes are a bit higher than who gets to date the millionaire bachelor..
- Headline: Volcker Rule Sparks Regulatory Controversy. Impact: The Volcker Rule debacle showed us that if regulators can't agree on regulations, then nothing can be regulated. This monumental division led to a world where people started to believe that 'regulatory consensus' was just a myth, like unicorns or honest politicians.. Fact: The Volcker Rule is named after former Fed Chair Paul Volcker, who once famously stated that the only thing worse than a bad rule is a group of regulators bickering over it. Clearly, he was a prophet of the regulatory chaos to come!.
- Headline: Tensions Flare as G.I.’s Take Fire Out of Pakistan. Impact: The escalating tensions and fire exchanges between G.I.s and Pakistani forces set the stage for a long-standing game of hot potato in international relations, where the stakes are high and no one seems to want to be caught holding the bag. Future generations learned that conflicts are often more about miscommunication than actual animosity.. Fact: Fun fact: the idea of G.I.s taking fire is not as glamorous as it sounds—it's just soldiers playing dodgeball with rockets. Who knew that the battlefield could resemble a really intense game of tag?.
Wall Street Time Machine
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NVIDIA
NVIDIA - If you invested $1,000 in 2011, it would be worth $480,243 today (480.2x return)