How Technology Could Help Fight Income Inequality

I have had the pleasure of meeting professor Tyler Cowen a few times and always left my meetings impressed by his intellect. He writes the popular economics blog: Marginal Revolution. He just wrote a great article for the New York Times on how technology could help fight income inequality. He specifically focuses on the potential decrease in health care and education costs that automated diagnostic systems and online education could bring. He also speculates that general worker productivity could increase as computers become simpler allowing more people to work with them. China and India might also start generating… Read More

Larry Page’s story is fascinating

Nicholas Carlson just published a fascinating in depth article about Larry Page. It covers his evolution over the last 15 years. When he started out at Google, he was an immature CEO who fostered conflict and micromanaged. He resisted the idea of giving up the CEO role to Eric Schmidt and over the years disengaged himself from the product role at Google. Android fostered his renaissance. He had the vision to buy the company without permission (which was not blocked because the $50 million made no difference to Google’s bottom line) and to foster its development. He learned to delegate… Read More

Fantastic article on how to build trust in modern marketplaces to achieve liquidity

Anand Iyer, the Chief Product Officer of Threadflip, just wrote a thoughtful blog post on how to build liquidity in modern marketplaces. In short: Create a managed environment Have an actionable rating systems Carefully curate content Have a human touch, but keep learning Focus on supply Invest in your interface, especially focusing on mobile and frictionless payment Provide social proof Read the full article at: http://firstround.com/article/How-Modern-Marketplaces-Like-Uber-Airbnb-Build-Trust-to-Hit-LiquidityRead More

50 reasons why this is the greatest time ever

In The Case for Optimism I outlined both why we are better off than we have ever been in history, especially if we live in the West, and why the future is so promising. USA Today, of all places, just published a lot of the statistics underlying the first part of my argument. Consider that if you make more than $34,000 per year you are in the richest 1% of people in the world and that you have a standard of living unimaginable by the wealthiest people in the world a hundred years ago. All 50 reasons are… Read More

blodget

Henry Blodget’s Slides on the Future of Digital: 2013 are a must read

I have had the privilege to see Henry do his “Mary Meeker” impersonation as he effectively flies through 200 slides in less than 1 hour and it’s very impressive. He is articulate, clear and to the point. His new report on the current trends is fantastic. In brief: Half the world is online Smartphone penetration is increasing rapidly globally, especially in emerging markets Android is the clear platform winner People are consuming media and doing transactions on multiple screens with smartphones and tablets taking share away from PCs and the web The rise of mobile is helping create new opportunities,… Read More

The cure for hubris

As a species and as individuals we are often shockingly arrogant. We believe, or want to believe, that as a species and individuals we are special. When we take a step back it’s truly horrifying to see how insignificant we are in both time and space. As is beautifully illustrated at http://htwins.net/scale2/, at a bit less than 2 meters in height on average we are smaller to the universe (1026 meters), than an electron (10-14 meters) is to us. The numbers are also staggering: there are over a trillion galaxies that contain hundreds of billions of stars. Read More