Not all bad news – good news, bad news post!

Bad news: As stated in the previous post, the transcription work I have been depending on to pay the bulk of my bills, is going to dry up soon.

Good news: It’s still mostly around for the moment, and isn’t gone quite yet.

Bad news: The eBay shop is still losing money each week.

Good news: I made 8 sales there in the past 60 days, and that will hopefully push my ratings to 200+, perhaps leading to higher bidding totals and items breaking even or even being frequently profitable?

Bad news: I thought that’d happen at 100 positive ratings, or 150, so how will 200 be any different?

Good news: It’s different because the frequency of bids on my auctions IS increasing over time, and because traffic on my websites is climbing too.

Bad news: The large wave of bids is concurrent with a hurricane [Harvey] that will likely dump near 20 inches of rain on Houston, flooding everything and stalling all outbound mail.

Good news: I already notified customers that there may be unavoidable delays related to this, and they’ve so far all been okay with that.

Bad news: Two items will sell later this week, and those customers may be confused and frustrated if power goes out here and no communication is possible.  They’ll be wondering ‘What is going on with this Matthew Lyles Hornbostel? Why is he not responding to my questions?’

Good news: Power is not that likely to go out, and I am in a great position to grab a bit of epic hurricane footage that could perhaps be used in my upcoming short art video ‘Storm 2’.

Bad news: This also delays recording of ‘The Annoying Magician!’ and some fragments of ‘Tinyville 2’ until a month from now.

Good news: Plenty of work to do before then anyway.  I am posting the articles section pages a bit at a time on TriumphantArtists.com, plus am closer than ever to to launching a first batch of [fully legal and self-created] content on HornbostelVideos.com, plus the comic ‘Another Road Taken’ and some game/interactive media material is on the way too.  Watch for the Spiral Skies update – showing some more of the small Unity 5.6.3 engine based adventure/puzzle game – to appear before long on SpiralSkiesGame.com, plus some largely empty fan art pages fixed and filled with content, and some even bigger updates regarding the church virtual tour program, as well as a little top-down racing game I’ve been debugging.

In case you are curious here’s a teaser for the historical preservation effort related to the Church of the Redeemer Episcopal in Houston, Texas – the entire building, which is largely demolished now, is being actively reassembled in a virtual realtime 3D form thanks to some $360+ in donations for that purpose from various church members, covering the entire cost of the project.  Too bad the crowdfunding process that worked here, failed on the far more imaginative project ‘Miniature Multiverse’ years ago – but whatever.

Parish Hall of Church of the Redeemer, recreated in 3D
Parish Hall of Church of the Redeemer, recreated in 3D

My transcription work will vanish during the next few months

I’m facing a loss of the transcription gigs I’d been using to pay the bills.  It’ll likely have vanished entirely by mid-2018 and quite possibly before that.  The AI breakthroughs in intelligent speech recognition have occurred sooner than anticipated; Microsoft’s R&D division has come up with an AI capable of understanding conversational context and automatically transcribing large volumes of audio with an error rate equivalent to the average human transcriber.

The best human audio transcribers are able to maintain error rates just below 4% given typical batches of audio – with overlapping conversations, and faint background conversations, muddy static or sudden jarring noises in the mic audio, and really obscure jargon, comprising most of the mistakes made by transcriptionists, and this newly announced program (a new form of Cortana) will have a consistent 5.1% error rate with similar audio.  It’s close enough that it’s not worth paying humans to do the work anymore; the AI can do the task almost as well as any human can.

What this means for me: I was pulling the bulk – roughly 55% – of my income, from transcription gigs. Other scattered chunks of revenue came from unrelated freelance work (10%) and 35% from online sales of art products.  As for where I was spending? 45% of my spending in the past year was tied to ramping up that 35% of my income. Repeat: The art sales were losing money, as in: 20%+ loss margin when the low average sale prices, the shipping, eBay fees, mailers, and other materials, were all factored in.

So basically: My effective total cash flow will collapse soon.  And I was making well below $10k/year to start out with.

I need to figure out a promising new business option soon, ideally by November, or this web network and my creative work in general, is at risk of going under entirely.  What I’m hoping for is consistently available work in the $2.50/hr range or better.  But realistically I will settle for half that much.