Last night I was watching the news (a terrible habit I need to get rid of!) and there was another story about how bad the economy is and how hard it is to find a job. I always have the same reaction when people say they are looking for a job. It makes me wonder, “Who wants a job?”
Having a job for decades and retiring on a pension was a system that ended in the 1980’s. Since then, the economy has changed so rapidly that working in the same job for 20 years is nearly impossible. Besides that, the financial mismanagement of companies and the government has made pensions and social security unreliable.
So what’s the solution?
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Accelerating Technology, Dreams Come True, Great Books, Investing, Money, Online Investing AI, Success, US Economy
economy, Investing, jobs, Money, pensions, social security, Success, technology, the wealth singularity, tv
Pic by Jeff Belmonte @ Flickr
The Wealth Singularity is a point when the power of technology has become so massive that wealth and abundance becomes ubiquitous.
The theory is based on the works of leading futurists like Ray Kurzweil and Vernor Vinge, who believe that the exponential growth in computing power will lead to a Singularity. Technology, whether it’s the wheel or the personal computer, also leads to a leap in productivity and the ability to generate wealth.
That Singularity may be closer than you think.
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Accelerating Technology, Investing, Money, Online Investing AI
ebook, Money, rich, technology, wealth, wealth singularity
One day, your ability to generate wealth will be automatic and ever-present.
How can we make this assertion?
The exponential wave of technology, which is turning the globe into interconnected, untethered web of information, will eventually wash over the world of personal finance.
Those first waves have already lapped onto the shore. The tsunami, though, is building.
In this untethered world, the power of mobile financial apps are growing in power.
Here are some great apps you can use to monitor the market and, in some cases, use to trade.
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Accelerating Technology, Automated Trading, Internet, Investing, Money, Online Investing AI
apps, financial, management, mobile, Money, personal finance, tech, technology, wealth
Pic by Alan Cleaver at Flickr Creative Commons
Mint.com, Wesabe, Bundle.com and other personal finance technology hubs were the first to recognize the democratizing power of technology in the money management sphere.
Online personal finance tools can unleash a team virtual accountants and analysts in your laptop.
You can now run reports and check graphs on everything from creating a budget to monitoring your spending habits to pinpointing your best investment returns.
Now, banks and credit card companies are growing wise to this tech trend and bolstering their own sites and online banking portals with personal finance technology.
Most customers are wondering, “what took you so long.”
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Accelerating Technology, Internet, Investing, Money, Online Investing AI, Success, US Economy
banks, credit union, finance, Money, money management, personal finance, technology
“There is no reason in 2008 to do shit you hate. None.”
–Gary Vaynerchuk
That’s my favorite line from author and entrepreneur Gary Vaynerchuk’s talk that I caught online recently. If you watch the video, you’ll notice that Gary is really sullen and low key. He should try to emote a little more. (Work on that, Gary, k?)
Basically, Gary’s point is that if you tap into your passion, you can produce products and services that will amaze the world and produce wealth. He’s quick to add that you need patience, too.
This ability to turn passion–even passion for the most abstract little niches–into wealth is something I call Me-ployment. And it will be more probable for a few reasons that Gary doesn’t mention in his impassioned presentation.
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Accelerating Technology, Business Strategy, Investing, Money, Online Investing AI, Success
blog, crush it, gary vaynerchuk, Money, personal finance, Success, technology
Genetic Algorithms are a specific area of Artificial Intelligence that has the power to change the world. Why? Because they allow us to solve very difficult problems that have no known solutions. These problems include:
- How do you design a jet engine to optimize efficiency?
- How do you optimize the components and connections in a circuit board or chip?
- How helpful is a movie recommendation from one person for another person?
These perplexing problems have no simple solutions, and often the details of the question are unclear. Genetic Algorithms are flexible enough to give us high quality solutions to these difficult problems.
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Accelerating Technology
Accelerating Technology, artificial intelligence, computers, genetic algorithm, problem solving, science, technology
Picture courtesy monerd@Flickr
Let’s say we build a time machine and set the dial for about ten years in the future.
In this mind experiment, we spot two people–one rich and one poor. We decide to talk to them.
Besides telling us about their families and letting us in on tidbits about the future, the rich gal tells us why she’s rich and the poor guy laments the reasons for his modest state.
It turns out that the rich person is an owner, a creator, a collaborator, and a value creator; her low-earning friend is an employee, a laborer, a soloist and a wage earner.
We decide to ask why. The reasons, it turns out, are technology and attitudes.
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Accelerating Technology, Investing, Money, Online Investing AI, Success, US Economy
creator, future, futurist, laborer, Money, poor dad, rich, rich dad, technology, wages, wealth
Cool photo from Photos8 @ Flickr
There are more ways to make, save, and spend money now than ever.
Starting a business is easier. Budgeting your money is easier. And spending money is easier–that means YOU Amazon!
The web and mobile communication have blossomed into money-making and money-saving (and money wasting) machines. We can also use technology and the web to find out about how to make money creatively.
In this edition of Weekly Wisdom, we’ll take a spin around the web to find posts and articles that will help us make money and generate wealth creatively.
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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Internet, Investing, Money, Online Investing AI, Success, US Economy
debt, freedom, income, Internet, Links, Money, personal finance, roundup, technology, wealth, wealth creation
Last week, I sent a quick New Year’s note to three of my favorite authors, Tim Sanders (Love is the Killer App
), Dan Pink (Johnny Bunko
), and Leonard Mlodinow (The Drunkard’s Walk
). And guess what? Within an hour, all three had responded. How awesome is that!
So, that really got me thinking. The Internet has made two way communication not only possible but fast. In the olden days, people would send letters by mail written by hand or computer. I think the vast majority of authors did not have the time or energy to respond to nearly all of this mail.
But times have changed. Now it is quick, easy and free. So authors can quickly and easily have two way communication with their audience.
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Accelerating Technology, Great Books, Internet
blogs, books, communication, connection, dan pink, Internet, leonard mlodinow, newspapers, technology, tim sanders, twitter
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
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.
