Antikythera mechanism in a wristwatch:

Swiss luxury watch company Hublot has announced a version of the Antikythera mechanism, an ancient Greek astronomical calculator, that is incorporated into a wristwatch. The mechanism is to be displayed at the 2012 Baselworld expo before moving to a permanent exhibit at Musée des arts et métiers in Paris.

Hublot painstakingly recreates a mysterious, 2,100-year-old clockwork relic – but why?

(Thanks, Richard!)

[Wow. -egg]

Green army man costume:

Harrison Jones created this fabulous green army man costume (which included a coating of green latex paint on his skin, yowch, suffer for your art!), and worked a full shift at a grocery store while so attired:

Harrison started by picking out the perfect green tarp, then taking it to the hardware store and having them color match a quart of semi-gloss interior latex paint. He then painted the air soft helmet, boots, and gun with several coats of the green paint. Next, he cut out cardboard in an oval shape, painted it green, and used duct tape in a loop to stick to his boots.

As for the uniform, he picked out a long-sleeve shirt and a pair of pants he was willing to sacrifice, and cut them both along the seams. Harrison then spread the chopped shirt and pants out on the tarp, pinned them to the tarp, and cut around the fabric, leaving about a half inch of extra tarp (the sleeves were done separately). He used duct tape to “sew” the tarp back together, leaving half of the tape’s sticky side exposed and putting it on the inside of the seam, and then connecting the matching part of the tarp, adjusting to the right fit.

Rad Green Army Man Costume

Lights, crystal blocks and music: Prisma 1666:

Prisma 1666 involves beams of light, prisms, and an app to control them. [Wonwei via The Verge]

[My god, this is awesome. -egg]

Understanding McDonald’s as a commodities broker with a restaurant sideline: the McRib:

Willy Staley’s “A Conspiracy of Hogs: The McRib as Arbitrage,” is a lyrical, insightful conspiracy theory about the appearance and disappearance of McDonalds’s McRib sandwich. Staley argues that the McRib’s appearance correlates with falls in the pork futures market, and represents a way for McD’s to cash in on cheap pork, representing a kind of triumph of restaurant automation, logistical acumen, and financial engineering. In Staley’s view, McDonald’s is only secondarily a restaurant, and primarily conducts the business of a commodities brokerage.

I’ve long been fascinated with injection-molded protein slurry masquerading as some recognizable foodstuff. I once proposed a line of perverse vegan aerosol meat substitutes like “I can’t believe it’s not organ meat” and “I can’t believe it’s not marrow bones” that would come as a soy spray in a mousse can whose nozzle mated with a dishwasher/microwave-safe mold (with plastic “bones” as appropriate) that you could nuke for a minute before ejecting the piping hot reformed slurry on a plate and popping the mold right into the dishwasher.

Fast food involves both hideously violent economies of scale and sad, sad end users who volunteer to be taken advantage of. What makes the McRib different from this everyday horror is that a) McDonald’s is huge to the point that it’s more useful to think of it as a company trading in commodities than it is to think of it as a chain of restaurants b) it is made of pork, which makes it a unique product in the QSR world and c) it is only available sometimes, but refuses to go away entirely.

If you can demonstrate that McDonald’s only introduces the sandwich when pork prices are lower than usual, then you’re but a couple logical steps from concluding that McDonald’s is essentially exploiting a market imbalance between what normal food producers are willing to pay for hog meat at certain times of the year, and what Americans are willing to pay for it once it is processed, molded into illogically anatomical shapes, and slathered in HFCS-rich BBQ sauce.

The McRib was, at least in part, born out of the brute force that McDonald’s is capable of exerting on commodities markets. According to this history of the sandwich, Chef Arend created the McRib because McDonald’s simply could not find enough chickens to turn into the McNuggets for which their franchises were clamoring. Chef Arend invented something so popular that his employer could not even find the raw materials to produce it, because it was so popular. “There wasn’t a system to supply enough chicken,” he told Maxim. Well, Chef Arend had recently been to the Carolinas, and was so inspired by the pulled pork barbecue in the Low Country that he decided to create a pork sandwich for McDonald’s to placate the frustrated franchisees.

A Conspiracy of Hogs: The McRib as Arbitrage

(via Kottke)

(Image: McDonalds McRib Sandwich, a Creative Commons Attribution (2.0) image from io_burn’s photostream)

Taleb: Banker bonuses should be banned:

Nassim Nicholas “Black Swan” Taleb has an NYT op-ed arguing that the best way secure the financial system from future collapse is to eliminate bankers’ bonuses altogether. Taleb says bonuses reward risk-taking behavior without any counterbalancing punishment for bad risks, which provides an incentive for bankers to take stupid risks and hide their mistakes with financial engineering and book-cooking.

Bonuses are particularly dangerous because they invite bankers to game the system by hiding the risks of rare and hard-to-predict but consequential blow-ups, which I have called “black swan” events. The meltdown in the United States subprime mortgage market, which set off the global financial crisis, is only the latest example of such disasters.

Consider that we trust military and homeland security personnel with our lives, yet we don’t give them lavish bonuses. They get promotions and the honor of a job well done if they succeed, and the severe disincentive of shame if they fail. For bankers, it is the opposite: a bonus if they make short-term profits and a bailout if they go bust. The question of talent is a red herring: Having worked with both groups, I can tell you that military and security people are not only more careful about safety, but also have far greater technical skill, than bankers.

The ancients were fully aware of this upside-without-downside asymmetry, and they built simple rules in response. Nearly 4,000 years ago, Hammurabi’s code specified this: “If a builder builds a house for a man and does not make its construction firm, and the house which he has built collapses and causes the death of the owner of the house, that builder shall be put to death.”

This was simply the best risk-management rule ever.

End Bonuses for Bankers