Things I Learned This Week – January 14th, 2018

Article: Seven Deadly Sins of AI Prediction – MIT Technology Review

How can an article that paints a pessimistic view of a growth of a certain technology leaves you with optimism? But, that’s exactly what Rodney Brooks has achieved in this masterpiece of an article on AI. Read it!

He predicts that the growth of AI will be slow but there will be progress. Humans are not going to suddenly wake-up and find out that all their jobs are gone.

Article: Proud to Live in a Nation of Holers – NY Times

Bret Stephens has written a great article about how people from poor countries work hard and make America great.

Article: Potential Carbon Capture Game-Changer is Near – MIT Technology Review

A demonstration power plant out of Houston uses the principles of Allam Cycle to generate clean energy using carbon dioxide. Read this article very fascinating.

NetPower_Allam_Cycle

(Source: NetPower)

Article: 42 Rules to Lead By From the Man Who Defined Google’s Product Strategy

This is an excellent article on communication, culture, team building, decision making, and innovation.

Best quote from the article that many of us have heard before, but it’s worth reinforcing this one:

“Back up your position with data. You don’t win arguments by saying, ‘I think.’ You win by saying, ‘Let me show you.”

Article: The Man with a Plan to Upgrade the Democrats, MIT Technology Review

The Democratic National Committee has hired Raffi Krikorian as the Chief Technology Office of the DNC. Raffi led Uber’s Advanced Technologies Division.

Article: Self-Driving’s New Gear, Barron’s

Jon Swartz of Barron’s is reporting that autonomous vehicles will begin to proliferate globally by 2035. The autonomous vehicle market is expected to grow revenue at a compound annual rate of 39.6% and would be worth about $126.8 billion in revenue by 2027.

Companies covered in the article: Aptiv (A spin-off from Delphi Automotive), BMW, Alphabet, Tesla, Toyota Motor, Sony, Ford, General Motors.

Lyft_Aptiv_autonomous_Car

Article: Rattling Big Tech’s Cages, Barron’s

Alex Eule of Barron’s has written about the push by activist investor Jana Partners to make Apple’s product more safer for kids. The most interesting takeaway from this article answers the question: Why target Apple, when other companies Google, Facebook, Twitter are all facing a similar problem?

The answer seems to be that unlike the other tech giants, Apple’s business model is not predicated on the excessive use of their products.

This statement is so true that it might be a great competitive advantage for Apple.

Article: Watch Spotify’s IPO – And Buy This Instead, Barron’s

Wall Street thinks that getting paid for music rights is more valuable than paying royalties and collecting subscriptions. Analysts think that Vivendi, which owns Universal Music, can see a substantial upside.

According to the article, in a typical music subscription costing $10 a month, $5 to $6 goes to the record label, which pays $1 to $2 to the artist; $3 to $3.50 goes to the retailer, like Spotify or streaming service from Apple and Amazon.com; and $1 to $1.50 goes to the publisher, who pays 50 cents to $1 to the songwriter.

According to the article: Universal controls 20% of publishing, second only to Sony, and 33% of recorded music, ahead of Sony and Time Warner.

Article: Franklin Resources: It’s All About The Benjamins, Barron’s

Barron’s thinks that Franklin Resources is underpriced given the large cash help by Franklin Resources.

Article: Barron’s Roundtable: Bright Outlook for the Economy and Stocks

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(Source: Barron’s)

 

 

 

 

 

 

 

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