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“So,” Perry said. “So, Tjan, come on buddy, give it to me straight—you hate it? Love it? Can’t understand it?”

Tjan set down his sandwich. “You boys are very talented,” he said. “They’re very good inventions. There are lots of opportunities for synergy within Kodacell: marketing, logistics, even packing materials. There’s a little aerogel startup in Oregon that Kodacell is underwriting that you could use for padding when you ship.”

Perry and Lester looked at him expectantly. Suza

Tjan took another bite of sandwich and sipped at his milk. “Well, you’ll have to come up with a name for them, something that identifies them. Also, I think you should be careful with trademarked objects. Any time you need to bring in an IP lawyer, you’re going to run into huge costs and time delays.”

They waited again. “That’s it?” Perry said. “Nothing about the designs themselves?”

“I’m the business-manager. That’s editorial. I’m artistically autistic. Not my job to help you design things. It’s my job to sell the things you design.”

“Would it matter what it was we were making? Would you feel the same if it was toothbrushes or staplers?”

Tjan smiled. “If you were making staplers I wouldn’t be here, because there’s no profit in staplers. Too many competitors. Toothbrushes are a possibility, if you were making something really revolutionary. People buy about 1.6 toothbrushes a year, so there’s lots of opportunity to come up with an i

It was longer than all the speeches he’d delivered since arriving, put together. Suza

“You’re, what, an ex-B-school prof from Cornell, right?”

“Yes, for a few years. And I ran a company for a while, doing import-export from emerging economy states in the former Soviet bloc.”

“I see,” Perry said. “So you’re into what, a new company every 18 months or something?”

“Oh no,” Tjan said, and he had a little twinkle in his eye and the tiniest hint of a smile. “Oh no. Every six months. A year at the outside. That’s my deal. I’m the business guy with the short attention span.”

“I see,” Perry said. “Kettlewell didn’t mention this.”

At the junkyard, Tjan wandered around the Elmo-propelled Smart car and peered at its i

Lester laughed. “He’s got you there, dude,” he said, slapping Perry on the shoulder.

Suza





“Nice to meet a fellow Californian,” she said, and sipped her wine. They’d gone to one of the famed Miami deco restaurants and the fish in front of her was practically a sculpture, so thoroughly plated it was.

“Well, I’m as Californian as…”

“…as possible, under the circumstances,” she said and laughed. “It’s a Canadian joke, but it applies equally well to Californians. So you were in B-school when?”

“Ninety eight to 2001. Interesting times to be in the Valley. I read your column, you know.”

She looked down at her plate. A lot of people had read the column back then. Women columnists were rare in tech, and she supposed she was good at it, too. “I hope I get remembered as more than the chronicler of the dot-com boom, though,” she said.

“Oh, you will,” he said. “You’ll be remembered as the chronicler of this—what Kettlewell and Perry and Lester are doing.”

“What you’re doing, too, right?”

“Oh, yes, what I’m doing too.”

A robot rollerbladed past on the boardwalk, turning the occasional somersault. “I should have them build some of those,” Tjan said, watching the crowd turn to regard it. It hopped onto and off of the curb, expertly steered around the wandering couples and the occasional homeless person. It had a ba

“You think they can?”

“Sure,” Tjan said. “Those two can build anything. That’s the point: any moderately skilled practitioner can build anything these days, for practically nothing. Back in the old days, the blacksmith just made every bit of ironmongery everyone needed, one piece at a time, at his forge. That’s where we’re at. Every industry that required a factory yesterday only needs a garage today. It’s a real return to fundamentals. What no one ever could do was join up all the smithies and all the smiths and make them into a single logical network with a single set of objectives. That’s new and it’s what I plan on making hay out of. This will be much bigger than dot-com. It will be much harder, too—bigger crests, deeper troughs. This is something to chronicle all right: it will make dot-com look like a warm up for the main show.

“We’re going to create a new class of artisans who can change careers every 10 months, inventing new jobs that hadn’t been imagined a year before.”

“That’s a pretty unstable market,” Suza

“That’s a functional market. Here’s what I think the point of a good market is. In a good market, you invent something and you charge all the market will bear for it. Someone else figures out how to do it cheaper, or decides they can do it for a slimmer margin—not the same thing, you know, in the first case someone is more efficient and in the second they’re just less greedy or less ambitious. They do it and so you have to drop your prices to compete. Then someone comes along who’s less greedy or more efficient than both of you and undercuts you again, and again, and again, until eventually you get down to a kind of firmament, a baseline that you can’t go lower than, the cheapest you can produce a good and stay in business. That’s why straightpins, machine screws and reams of paper all cost basically nothing, and make damned little profit for their manufacturers.

“So if you want to make a big profit, you’ve got to start over again, invent something new, and milk it for all you can before the first imitator shows up. The more this happens, the cheaper and better everything gets. It’s how we got here, you see. It’s what the system is for. We’re approaching a kind of pure and perfect state now, with competition and invention getting easier and easier—it’s producing a kind of superabundance that’s amazing to watch. My kids just surf it, make themselves over every six months, learn a new interface, a new entertainment, you name it. Change-surfers…” He trailed off.

“You have kids?”

“In St Petersburg, with their mother.”