Amar Bose To Donate Company To M.I.T.
MBC1977 writes with this eyebrow-raising news from CNN: "'The Massachusetts Institute of Technology announced Friday that [Amar] Bose, the 81-year-old founder of the sound system company that bears his name, has donated the majority of Bose Corp.'s stock to the school.'
Very cool indeed!"
Maybe they'll be able to get BOSE to make equipment that is testable for reviews and has some midrange.
The headline makes this story sound more sensational than the reality. MIT doesn't get any control over the company, just a pile of dividend-bearing stock.
I also wish MIT could open-source the designs and IPs of Bose for
the greater good of the audio world.
Something tells me that using Bose equipment is going to be taboo at caltech in the coming years.
There is more to science than physics!
www.iomalfunction.blogspot.com
Is it just me, or did Timothy manage to strip out TFA between the firehose and the front page?
http://money.cnn.com/2011/04/29/technology/bose_mit_donation/index.htm
[Fuck Beta]
o0t!
I am inclined to agree with that. There are a lot of great universities out there. MIT and Harvard are among the ones with enormous endowments that still get hundreds of millions in donor cash that could probably be put to better use at schools with less name recognition.
MIT has done wonderful things for the world. As have many academic institutions. But this is as good a time as any to note that making large donations to an elite academic institution is a pretty ineffective way to use your money.
MIT is already well funded, and while this money may go to fund additional research, it may also just lead to a lot of pretty buildings going up. If you have the opportunity to donate, why not donate to a school that will use the money to dramatically increase the number of students it educates, or to a charity that sees the money directed into existing research initiatives that need it.
I'm sure the new Bose facilities will be very nice and the Bose family will have no problem getting into MIT for the next few generations. Nonetheless, it seems like a bit of a waste.
Why not give it to a school or schools that actually deserve the money?
FTFY
These are non-voting, unsellable shares.
MIT only gets the dividends.
True story: An elderly gentleman walked into an electronics store in Toronto looking to buy speakers. The salesman showed him a couple of different models. The customer pointed at another set on the shelves and asked about them. The salesman said "Oh, those are Bose, they're crap." The customer was Amar Bose.
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To any billionaires out there that don't know what to do with their money: set up a foundation, buy a record label, and release (as far as contractually possible) the entire catalog under creative commons, the rest under $0.01/song downloads. That'll give you some legacy! Bose will be forgotten in a week.
While I agree with the funding Americans sentiment, I still think think academia and graduate schools are pretty full of white males when you take said foreigners out of the picture.
There is more to science than physics!
www.iomalfunction.blogspot.com
So far I've read:
No highs, no lows, Bose.
and from another commenter:
Maybe they'll be able to get BOSE to make equipment that [...] has some midrange.
If I've read that right one of you is complaining that there isn't enough midrange, and the other is complaining that there is too much. Is there any consensus on what is 'wrong' with Bose sound... or is this just one of those pedantic arguments that audiophiles have while the rest of us just go and buy Bose equipment because it makes us perfectly happy?
Religious organisations almost invariably promote dogma over observable evidence - since you chose to bring up the Vatican as an example, perhaps you'd care to explain how their anti-condom policy, the history of misinformation surrounding it, and the increased incidence of AIDS for which it is partially responsible, is intellectually justifiable?
I'm a white male starting my PhD in the fall and I'm getting more money from the state of Arkansas than a foreigner would because I'm an Arkansas resident. I also had my undergrad degree fully funded by a state scholarship (to the tune of around $80,000). My university is practically begging locals to pursue a PhD. My foreign colleagues generally have to pay full retail and don't get the federally backed student loans my wife is relying on for her AuD. By the time I finish my PhD, it's looking like my state will have paid somewhere in the neighborhood of $250,000 to educate me. I'm thankful for that and plan on living in Little Rock for the rest of my life so my taxes can help future students.
I'm using all of my mod points to mod ancient memes down. Please join me.
Among self-contained radios as small as a Wave music system, can you recommend one with better lows?
I bet the outcome of this experiment would surprise us all!
True story
What's your source, may I ask?
Just to put a finer point on it, it sounds like non-cumulative Preferred Stock [a type of non voting stock with very few rights].
http://en.wikipedia.org/wiki/Preferred_stock
Why are their no links to sources? I see the article but without links it's just hearsay.
*there
Monster 1 meter hdmi cable = $99
Monoprice 6Ft hdmi cable = $2.78
So, yes, monster cables are EXTREMELY expensive.
(stolen from DaBum) I am dyslexia of borg - your ass will be laminated.
Where did I say "Monster cables are expensive"?
I see that slashdot has added a new feature of simply omitting any link, presumably for the e-z convenience of not RTFA.
Will MIT give the company to their Electrical Engineering or Management (Marketing studies) department?
Bose has a long relationship with MIT. For many years he competently taught a class on acoustics, using Leo Beranek's text.
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Investing the money in a venture capital fund would be far better for people, including MIT students. Venture capital funds startup companies so those MIT grads and graduates of other Universities can actually get jobs using the knowledge they learned in school.
Philanthropy is great, but it spends wealth rather than creating it. (Giving to MIT is more of a gray area in between though.) Venture investments can help the next Bose.
Having built my own speaker system, I came to realize that the problem with speaker design is to get good sound into a small and shippable product. If you can use your entire house, and many elements, it is trivial to get good sound. For example, many elements covering a wall, each with little effect, is a great subwoofer. After that measure current vs. voltage over the elements to determine element dynamics (Similar to algorithm that controls brushless motors), and feed that back as a correction to the amplifier. Result: perfect reproduction from signal to sound. Adding some sound dampening furniture, carpets, and pictures (print some move posters on canvas with insulation behind) and you are in sound heaven.
don't cut it off www.mgmbill.org
http://www.nytimes.com/2011/04/30/business/30bose.html
why? thx cert is hardly worth anything as it is.. the fact that bose equipment can't get the cert is truly pathetic.. especially considering what is charged for it.
Schools that actually need the money dont produce the type of students the US actually needs.
Scholarships and testing helps stream out the useful and gifted.
Domestic spying is now "Benign Information Gathering"
funding *American* (not just foreign) PhD students
According to Wikipedia:
"His father, Noni Gopal Bose, was a Bengali freedom revolutionary,[3] who having been imprisoned for his political activities, fled Calcutta in the 1920s in order to avoid further prosecution by the British colonial police."
Maybe if "American" students started fighting for what they believe instead of demanding that everything be given to them they would find it easier to get a PhD.
It's more expensive because it uses SI, which makes it sound better than Monoprice's imperial cable.
Yeah, my PC speakers cost about $150. I listen to music on a set of Grado SR-80 cans that list at $90. If I need to travel, well I got as a gift a pair of Sennheiser PX-360s that run to slightly over a hundred bucks. I am an audiophile in the sense that I enjoy listening to music, and I listen to it on equipment that reproduces it to higher fidelity than the cheapest consumer stuff out there. Sure, I could spend more money, and get myself a proper DAC, a vacuum-tube headphone amp, some high-end headphones, and a totally sweet home theater, but as much as I would appreciate the results, that's not really an expense I can justify.
I can justify buying what I have, and most sensible audiophiles will see the logic in my choices.
Yet all my equipment together doesn't cost as much as a single "moderately-priced" Bose solution that puts out a horribly distorted sound. The reason why Bose's products are so successful is also why people who care about music dislike them: You hear the speakers, not the music. By punching up the bass and the highs, people hear things they don't normally hear in music, but what they hear sounds nothing like the original.
It's the audio equivalent of ketchup, only if ketchup cost four times the price of a decent cut of meat. Bose isn't the opposite of "Gold-plated Ethernet-cable Audiophiles", it's the gateway to that brand of Audiophilia. MIT's gonna make a lot of cash out of Amar's company. Good for them.
I think you'll find that most American universities do primarily fund American students. I did my PhD in a UK university, but I spent three months in a US university on a collaboration, and from what people said it seems like the funding situation is pretty similar, although not quite the same:
In the UK, the university charges tuition fees for PhD students. These have two rates, one for EU citizens (government subsidised) and one for everyone else (full price). This covers lab space, lecturer time, and so on - the university skims about 50% off before it gets to the department, to cover general university overheads. Most PhD student places for EU citizens come with a grant, either from a government grant, an industrial partnership, a charitable trust, or the university itself. This covers all of the tuition fees, travel expenses, and provides a stipend (tax free income). I don't even know exactly what my tuition fees were - they were paid from the grant and I never saw the bill - while my colleagues from Malaysia (for example) were having to pay a huge amount every year. I was paid a stipend which worked out to about the same as an entry level graduate salary after tax, and claimed around £10K or so in travel expenses, while they had to pay for everything.
One of the reasons why the tuition fees were so high for foreign students was that this money was used to subsidise other PhD places. For every 2-3 non-EU students we got, the university could afford to fund another PhD. This is why you see so many foreign students - the UK and USA are both regarded as prestigious places to do a PhD in much of Asia, so our universities encourage them to apply. Once they're here, the universities charge them a lot and use this to subsidise everyone else. Send them all back home, and you'll see a lot fewer PhD places available for locals.
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So that his descendants will find it easy to be accepted by MIT in the future? Just guessing...
bang goes my karma... again...
It's. Digital. Data. You can't make it sound better by changing the composition of the cable.
For a site about things like basic rights, Slashdot users sure do like to censor "dissent".
You're underestimating the impact on quality due to imperial units... Just look at the Mars prove that crashed due to ignoring the obvious benefits of SI based data channels.
- These characters were randomly selected.
For starters, Monster cable is horrendously overpriced. However, at bandwidth higher than what we have data for and distances longer than consumers need, the quality of the cable will make a difference. Cheaper materials and inferior quality control will lead to reflections and interference that will destroy the signal. So in a few years when we all get tricked by manufacturers into buying 1800p tv's, all of our amazon hdmi cables won't be able to pass the signal.
http://gizmodo.com/#!268788/the-truth-about-monster-cable-part-2-verdict-cheap-cables-keep-upusually (yeah its gizmodo but the test seems legit)
wow.
---- Booth was a patriot ----
So that his descendants will find it easy to be accepted by MIT in the future? Just guessing...
Nope. MIT doesn't work that way and he knows it ;-)
True, but cables aren't about making something sound better. They are about transmitting a signal without losing any of it. Shitty cables can make the digital signal harder for the receiving component to decode and force it to go into error correction/compensation mode. A couple of bad bit-flips might make the signal drop, that's easy. But less-bad bit flips can change the signal without ruining it, leading to badness.
Shitty cables can make the digital signal harder for the receiving component to decode and force it to go into error correction/compensation mode.
It'd have to be a really shitty cable to degrade the signal that far, with capacitance and the like way off spec. And in my experience, $10 HDMI cables aren't quite that shitty.
But less-bad bit flips can change the signal without ruining it, leading to badness.
HDMI and other recent digital data links have error correction codes just to prevent this. And around that, they usually have an even more sensitive error detection to provide a margin of "unusable signal" code words around each valid code word.
Well one intellectual argument would be that their recommendation of abstinence is more effective than condoms. Now if you want to leave the intellectual realm and be more practical you certainly can argue that abstinence won't be popular, and I would agree so, but then again condoms don't seem very popular in regions plagued by AIDS either. Both abstinence and condoms are rejected by many in these regions of the world. Practicality aside, abstinence remains an intellectually more effective solution..
All of you've done here is to assert that abstinence is the intellectually more effective solution if one ignores the obvious practical issues in implementing it. You didn't explain how abstinence being a more effective option would justify the lies Catholics have told about condoms? It would seem more effective to apply both strategies, as people who fail at abstinence can at least get some measure of protection via condoms.
The Pope is a murderous bastard, and all Catholics are complicit in his dogma-driven death-wish for Africans.
-- Using the preview button since 2005
Now if you want to leave the intellectual realm
And people can fail to use abstinence as well which is equivalent to a condom breaking. You are creating a non-existent and unjustifiable distinction.
Intellectually condoms are also 100% effective because they can never break and no on ever uses them wrong. A condom breaking is a practical consideration of the material and person using them. By your own views that has no place in an intellectual consideration.
Well one intellectual argument would be that their recommendation of abstinence is more effective than condoms.
Effectiveness includes how well something works and how often people are able to make it work. Condoms, for example, fail most often because people don't use them right. Data has so far shown that abstinence is useless since even in the US since people don't follow it.
then again condoms don't seem very popular in regions plagued by AIDS either
Amazing what having all the local Christian priests saying they're evil, don't work and cause AIDS for a few decades can do.
Good stuff! Want a third attempt at answering the question?
-- Using the preview button since 2005
Bose sound equipment is terrible, and it's marketed in such a way that it tricks the customer in to thinking that it sounds better than it really does. Essentially, if you buy a Bose sound system, you really are getting a sub-par product for an over inflated price.
BeauHD. Worst editor since kdawson.
Yeah, that cable actually INCREASES resolution! lol
(stolen from DaBum) I am dyslexia of borg - your ass will be laminated.
I tend to agree the money could be better allocated, as could the time of many of the students. I wrote a related essay about Pricneton University a couple years ago, and most of it could probably also apply to MIT: :-) "
"Post-Scarcity Princeton, or, Reading between the lines of PAW for prospective Princeton students, or, the Health Risks of Heart Disease "
http://www.pdfernhout.net/reading-between-the-lines.html
"We are witnessing a historic end to scarcity of many things (maybe not all, but enough to be a new global Renaissance). But is Princeton University helping prepare either students or the rest of society for these changes? Or is it instead an institution under stress, crashing into these trends instead of moving with them? Or is it perhaps conflicted in how it sees itself and its future, and so trying to do both these conflicting approaches at once?
That said, MIT has done a lot of amazing stuff, and I'm glad for the free software that has come out of there, as well as ideas like FabLabs fostered by the Center for Bits and Atoms. Some really great stuff does go on at MIT -- it's an issue of cost-effectiveness and institutional outlook and a law of diminishing returns weighed against the value of centralization through the MIT brand. It's hard to invest money well; MIT is a "safe" choice in that sense, even if there might be lots of better options out there. In general though, the whole idea of college is more and more problematical these days. See my comments with further links here:
"[p2p-research] Rebutting Communiqué from an Absent Future (was Re: Information on student protests)"
http://listcultures.org/pipermail/p2presearch_listcultures.org/2009-November/006005.html
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
I'm having trouble telling if you're joking or not.
For a site about things like basic rights, Slashdot users sure do like to censor "dissent".
Are you talking about the Beagle 2 project by British scientists? We use metric for all engineering and scientific stuff. We failed because we were shit at making landers and spent too much time raising money and not enough making sure it would actually work, not because we we used the wrong units.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC