I recently received a call from a recruiter, and he sounded like the guy from Idiocracy
. Have you seen this movie? If not, you really need to see it. It is about the dumbing-down of America and the lowest common denominator of human being. It’s about drinking Gatorade and eating fast food.
The Guy from Idiocracy
After talking to the recruiter for a few minutes, I actually thought it was a joke. Why would anyone trust him to find good people? Why would anyone even bother to talk to him? His diction was so poor I didn’t really understand what he was saying. I could tell he knew absolutely nothing about programming. I just kept remembering the frustrations of the main character in the movie when he tried to communicate with the “normal” people.
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Dreams Come True, Money, Success, US Economy
dumb, fast food, future, government, idiocracy, Money, politicians, singularity, Success, tax check
Critics of technological progress, in general, and the Singularity, specifically, have been quick to point out a study that the genome sequencing program has led to little actual medical treatments and cures.
You can read these criticisms here. And a little gloating here on the Discover blog.
A great rebuttal has been posted at Physics and Cake.
Even the critics point out the the speed and power of gene sequencing is no less than amazing.
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Online Investing AI
criticism, critics, future, singularity, singularity update, technological progress
pic by artemuestra @ Flickr
Super-secret dark money pools and High Frequency Trading firms or HFTs had no sooner gotten a bad rap when another form of trading is about to steal it’s crown.
Thanks to an almost villainous take on the Singularity, a new group of computer-driven, quant-guided traders are now getting their hands on market data before other investors have a chance to see it (subscription required).
What’s the big deal?
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Accelerating Technology, Internet, Investing, Money, Online Investing AI, US Economy
computer, computing, hft, high frequency trading, singularity, trader, trading, wealth, wealth technology
Dr. Frankenstein was in the wrong business.
While Craig Venter can now lay claim to being the first person to create artificial life, he’s not interested in bolting together a monster. He’s looking to make monster money.
Last week, Venter announced that he had created life using manmade DNA. It’s often referred to as synthetic life.
This was a 15 year mission for Venter.
The announcement is stunning. What the technology could lead to is stunning in the trillion dollar level.
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Accelerating Technology, Investing, Money, Online Investing AI
AI, biology, craig venter, DNA, inventing, invention, Investing, life, singularity, synthetic
pic by covilha @ Flickr
Gold is going up, up, up. As currencies go down, down, down.
Gold and precious metals are often safe investments because of the relative scarcity of the materials–hence, the whole “precious” thing.
Gold must be mined and smelted. That takes time and money.
But amazing technology may change that.
In an article in CNET, a group of scientists explain how they created DNA nanobots to manufacture at the molecular level. The scientists even programmed the nanobots to create gold particles.
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Accelerating Technology, Internet, Investing, Money, Online Investing AI
future, gold, nanotechnology, singularity, technology
Things are falling apart.
Riots in Greece.
Oil spills and volcanoes.
Bailouts.
Sudden, inexplicable falls in the stock market.
But when we come to this conclusion, are we participating in a unique psychological phenomena that mistakes pieces for the whole? Another possibility, it that the media tends to over-report the negative and under-report the positive. As any good editor will tell you, “If it bleeds, it leads.”
After reading the The Rational Optimist: How Prosperity Evolves
by Matt Ridley, you may start to understand the possibility that things aren’t getting worse; they’re getting better, much better.
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Accelerating Technology, Great Books, Internet, Money, Online Investing AI, US Economy
benefits, economic, future, global economy, Internet, nanomedicine, rationally optimistic, singularity, technology, wealth
jurvetson @ Flickr
As someone who is interested in artificial intelligence, especially how AI will work in a financial environment, there’s a lot of information out there.
And that information doesn’t always agree. In fact, there’s a chasm of difference between the camps of AI advocates and critics. There’s also a difference in opinions about the potential for AI to change things–or mess things up, depending on that outlook.
That’ what makes an article in H+ Magazine so interesting. The article, based on Eric Drexler’s Engines of Creation, just looks at the effect a little AI will have on the world when mixed with nanotechnology. We’re not even talking about massive AI here.
The effects on the economy would be startling.
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Accelerating Technology, Money, Online Investing AI, US Economy
AI, artificial intelligence, eric drexler, h-plus magazine, new tech, online investing, singularity, technology, wealth singularity
Pic by the Alieness GiselaGiardino @ Flickr
Artificial Intelligence, or machine learning, or simply AI, drives more and more financial systems. The big boys –from hedge funds to mutual funds, and everyone in between–use AI.
The types of AI that serve as the foundation of these financial application are wide ranging is size and scope. The programming varies, too. Genetic programming, neural networks, and a host of other applications are used as underpinnings for the strategies and algorithms.
Since most independent traders don’t get a chance to invest in hedge funds, Online Investing AI, we want to create trading systems and strategies for independent traders and investors that are based on the performance of the best AI technology.
It’s a pretty audacious task. That’s why we need you.
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Accelerating Technology, Automated Trading, Internet, Investing, Online Investing AI, Success
AI, artificial intelligence, entrepreneur, partner, partnership, singularity, wealth singularity
Happy New Year. Welcome to 2010.
The next decade promises to be the most revolutionary period in our history.
Researchers and scientists believe that the theory and technology is already there to make technological leaps in energy, medicine, computing and communications. And they should know. They’ve seen behind the screen that separates the laboratory and the marketplace.
The technology and the theory are already in place. The last decade included some of the biggest laboratory breakthroughs ever. These are called transformative technologies.
Once these innovations filter from the labs into the marketplace, they’ll change–if not revolutionize–the economy.
Based on the work of some great bloggers, like Next Big Future, Future Current, Singularity Hub, Kurzweil AI, and Future Pundit, here are some exciting ideas that are poised to make dramatic changes to our world in the next decade.
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Accelerating Technology, Internet, Investing, Money, Online Investing AI, Success, US Economy
breakthrough, research, science, singularity, technology
sciondriver@Flickr
I wrote a post yesterday on the failure of wealth redistribution. Money ends up finding it’s way to the same hands.
But, wealth-building technology has a much better chance of succeeding if it finds its way to regular investors. We have reason to hope this will happen. With the amazing computing power available, it’s just a matter of time before the types of technology that drive hedge funds and private equity funds is available to self-directed investors.
Where’s the source of our optimism?
It relies a lot on our own experimentation, but the bulk of this expectation lies in the path of technological process and Moore’s law. It’s something we’ll explore in depth in our forthcoming eBook, the Wealth Singularity, but here’s an overview.
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Accelerating Technology, Automated Trading, Business Strategy, Online Investing AI
Moore's law, singularity, technology, the wealth singularity, wealth, wealth building, wealth generation
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
