SUGGESTED BOOK: Abundance: The Future Is Better Than You Think by Peter H. Diamandis and Steven Kotler ISBN-13: 978–1451614213
QUOTATION: “…Again, yesterday holds tomorrow hostage .… Memory is past. It is finite. Vision is future. It is infinite. Vision is greater than history…”
SUGGESTED BOOK: Abundance: The Future Is Better Than You Think by Peter H. Diamandis and Steven Kotler. ISBN-13: 978–1451614213 Regards,
QUOTATION: “…Digital code is what drives rapid speed growth today. It allows mergers like AOL Time Warner … It drives the Internet, TV, music, finance, IT, news coverage, research, manufacturing. A few countries and companies understood the change. That is how poor countries like Finland, Singapore, and Taiwan got so wealthy … So quickly … But a lot of folks just did not learn to read and write a new language … And even though they produced more and more goods, particularly commodities … And even though they restructured companies and governments … Cut budgets, raised taxes, built large factories and buildings … They got a lot poorer. (In 1938 the richest country per person in Asia was … the Philippines. In 1954, according to the World Bank, the most promising Asian economy was … Burma. Both remain commodity economies … Both are sidelined from the digital revolution … And you probably would not like to live in either country). Your world changed when you went ‘On Line.’ One day you used a fax or e-mail … And it soon became hard to conceive of living with only snail mail. If you understood this change early … And invested or worked in some of the companies driving the digital revolution … You are probably quite well off … (as a country and/or as an individual). If you came late, as a speculator, without understanding what a digital language does, or does not do … You probably lost a lot of money during the year 2000. Your world … and your language … are about to change again. The two nucleotide base pairs that code all life …A-T, C-G … Have already led some of the world’s largest companies … Monsanto … DuPont … Novartis … IBM … Hoechst … Compaq … GlaxoSmithKline … To declare that their future lies in life science. They have abandoned, sold, spun off core business divisions … And launched themselves into selling completely new products … Which is why so many chemical, seed, cosmetic, food, pharmaceutical companies … Are partnering, Merging, Growing. Some life-science companies will crash spectacularly … Others will get larger than Microsoft and Cisco … (Companies that are already larger than the economies of most of the world’s countries.). The world’s mega-mergers are going to be driven by digital and genetic code. Consider what is about to happen to medicine. You currently spend about nine times as much for doctors and medical interventions … As you do on medicines and prevention. In the measure that we understand how viruses, bacteria, and our bodies are programmed … And how they can be reprogrammed … Treatment will shift from emergency interventions … Toward deliberate and personalized prevention … (Just as dentistry did.). And we may end up spending just as much on pharmaceuticals as we do on doctors. These medicines do not have to be pills or injections … They could be a part of the food you eat every day, your soap or cosmetics … Perhaps you will inhale them or simply put various patches on your skin. (This is why Procter & Gamble is thinking of merging with a pharmaceutical company, why L’Oreal is hiring molecular biologists, and why Campbell’s is selling soups designed for hospital patients with specific diseases.)…”
RECOMMENDED BOOK: Revolutionary Wealth: How it will be created and how it will change our lives by Alvin Toffler and Heidi Toffler ISBN-13: 978–0385522076
DAILY QUOTE: By Michael Anissimov utters, “…One of the biggest flaws in the common conception of the future is that the future is something that happens to us, not something we create…”
RECOMMENDED BOOK:
Radical Evolution: The Promise and Peril of Enhancing Our Minds, Our Bodies — and What It Means to Be Human by Joel Garreau ISBN-13: 978–0767915038
IN 1930, when the world was “suffering…from a bad attack of economic pessimism”, John Maynard Keynes wrote a broadly optimistic essay, “Economic Possibilities for our Grandchildren”. It imagined a middle way between revolution and stagnation that would leave the said grandchildren a great deal richer than their grandparents. But the path was not without dangers.
One of the worries Keynes admitted was a “new disease”: “technological unemployment…due to our discovery of means of economising the use of labour outrunning the pace at which we can find new uses for labour.” His readers might not have heard of the problem, he suggested—but they were certain to hear a lot more about it in the years to come.
Joel Flickinger’s two-bedroom home in the hills above Oakland, Calif., hums with custom-built computing gear. Just inside the front door, in a room anyone else might use as a den, he’s placed a desk next to a fireplace that supports a massive monitor, with cables snaking right and left toward two computers, each about the size of a case of beer. Flickinger has spent more than $20,000 on these rigs and on a slower model that runs from the basement. They operate continuously, cranking out enough heat to warm the house and racking up $400 a month in electric bills. There isn’t much by way of décor, other than handwritten inspirational Post-it notes:
“I make money easily,” one reads. “Money flows to me.” “I am a money magnet.”
Flickinger, 37, a software engineer and IT consultant by trade, doesn’t leave the house much these days. He’s a full-time Bitcoin miner.
This is an excerpt from the conclusion section o, “…Overmanagement…,” that discusses some management strategies. To read the entire piece, just click the link at the end of article:
BEGINNING OF EXCERPT.
Question: What other contemporary issues particularly concern you? Do you find signs of hope or resistance around these issues that, perhaps, you finding heartening?
Well, we can make a long list, including the things we’ve talked about, but it’s also worth remembering that, hovering over the things we discussed, are two major problems. These are issues that seriously threaten the possibility of decent human survival. One of them is the growing threat of environmental catastrophe, which we are racing towards as if we were determined to fall off a precipice, and the other is the threat of nuclear war, which has not declined, in fact it’s very serious and in many respects is growing. The second one we know, at least in principle, how to deal with it. There is a way of significantly reducing that threat; the methods are not being pursued but we know what they are. In the case of environmental catastrophe it’s not so clear that there will even be a way to control of maybe reverse it. Maybe. But, the longer we wait, the more we defer taking measures, the worse it’s going to be.
It’s quite striking to see that those in the lead of trying to do something about this catastrophe are what we call “primitive” societies. The first nations in Canada, indigenous societies in central America, aboriginals in Australia. They’ve been on the forefront of trying to prevent the disaster that we’re rushing towards. It’s beyond irony that the richest most powerful countries in the world are racing towards disaster while the so-called primitive societies are the ones in the forefront of trying to avert it.
A GROUP of self-described anarchists, libertarians and Ron Paul supporters fleeing the crumbling world economic system have founded Galt’s Gulch, a community in Chile inspired by Ayn Rand’s “Atlas Shrugged”—and with an economy based entirely on Bitcoin. Or that’s the goal, anyway.
“Our farm workers and suppliers still want to get paid in pesos,” Ken Johnson, the project’s founder and managing partner, explains. “But Bitcoin as the John Galt coin? Why shouldn’t it be?”
If the world economic system “goes sideways,” as Mr Johnson puts it, residents will retreat to their self-sufficient gated community, where they will enjoy a shooting range, equestrian facilities, and spa and fitness center. The 6,874-hectare site (pictured) also includes a 100-hectare farm, although it is not clear who will pick the lettuce when the world ends.
The U.S. Senate has deemed it legitimate. Detractors dismiss it as unstable and a vehicle for criminal trade. China has banned new deposits on its largest exchange.
Bitcoin, the international digital payment system and currency and one of the hottest technology and finance topics this past year, could become a widespread vehicle for trade, believe the leaders of a Miami group. To further that view, Miami International Bitcoin will be partcipating in the North American Bitcoin Conference slated for Miami Beach in January.
“The thing that’s really exciting about Bitcoin is that, here in South Florida, we have a half billion people to the south of us who do not have access to a banking system that works well, capital markets, credit — things that we take for granted,” said Charles Evans, business professor at Florida Atlantic University and one of the founders of Miami International Bitcoin.
The Monetary Authority of Singapore (MAS), the country’s central bank, has decided not to intervene on whether businesses can accept Bitcoin as a means of transacting goods and services.
“Whether or not businesses accept bitcoins in exchange for their goods and services is a commercial decision in which MAS does not intervene,” it told Singapore-based Bitcoin trading platform Coin Republic in an email.
