Money and Finance
- Google Chairman: 6 Predictions For Our Digital Future
Thanks to Will for passing this along. Google Chairman Eric Schmidt has been thinking a lot about our digital future. Maybe that's not a big surprise for a man whose company has played a major role in shaping our 21st-century lives, from how we find...
- Quote On The Life Sciences Industry
From the book Cracking the Code: Understand and Profit from the Biotech Revolution That Will Transform Our Lives and Generate Fortunes: “Many industries will be disrupted by the wave of advances in life sciences. Genome sequencing will, despite ethical...
- Gates Foundation: 2011 Annual Letter From Bill Gates
As I sit down to work on my third annual letter, governments in every corner of the world are facing tough decisions about how to reduce spending. Although foreign aid accounts for less than 1 percent of governments’ total budgets, it is one place being...
- Kevin Kelly On Econtalk
Kevin Kelly, author of What Technology Wants, talks with EconTalk host Russ Roberts about technology and the ideas in the book. Kelly argues that technology is best understood as an emergent system subject to the natural forces underpinning all emergent...
- International Business Machines (ibm) Dividend Stock Analysis
I'm finally getting back to posting some stock analyses. For some reason I just didn't have the motivation, I'm not sure if it was a bit of a burn out but I think it was mainly just due to laziness. I don't mind compiling the data...
Money and Finance
Bill Gates: The Optimist’s Timeline
Usually, “optimism” and “realism” are used to describe two different outlooks on life. But I believe that a realistic appraisal of the human condition compels an optimistic worldview. I am particularly optimistic about the potential for technological innovation to improve the lives of the poorest people in the world. That is why I do the work that I do.
Even so, there is one area of technology and global development where reality has tempered my optimism: the idea that cellphones would revolutionize life in developing countries. A decade ago, many people believed that the proliferation of mobile devices in Africa would mean a short leap to digital empowerment. It didn’t. Digital empowerment is a long and ongoing process, and the mere existence of cellular technology does not immediately change how poor people meet their basic needs.
But now, after years of investments, digital empowerment is underway, owing to a confluence of factors, including growing network coverage, more capable devices, and an expanding catalogue of applications. As more people obtain access to better and cheaper digital technology, an inflection point is eventually reached, at which the benefits of providing digitally services like banking and health care clearly outweigh the costs. Companies are then willing to make the investments required to build new systems, and customers are able to accept the transition costs of adopting new behaviors.
- Google Chairman: 6 Predictions For Our Digital Future
Thanks to Will for passing this along. Google Chairman Eric Schmidt has been thinking a lot about our digital future. Maybe that's not a big surprise for a man whose company has played a major role in shaping our 21st-century lives, from how we find...
- Quote On The Life Sciences Industry
From the book Cracking the Code: Understand and Profit from the Biotech Revolution That Will Transform Our Lives and Generate Fortunes: “Many industries will be disrupted by the wave of advances in life sciences. Genome sequencing will, despite ethical...
- Gates Foundation: 2011 Annual Letter From Bill Gates
As I sit down to work on my third annual letter, governments in every corner of the world are facing tough decisions about how to reduce spending. Although foreign aid accounts for less than 1 percent of governments’ total budgets, it is one place being...
- Kevin Kelly On Econtalk
Kevin Kelly, author of What Technology Wants, talks with EconTalk host Russ Roberts about technology and the ideas in the book. Kelly argues that technology is best understood as an emergent system subject to the natural forces underpinning all emergent...
- International Business Machines (ibm) Dividend Stock Analysis
I'm finally getting back to posting some stock analyses. For some reason I just didn't have the motivation, I'm not sure if it was a bit of a burn out but I think it was mainly just due to laziness. I don't mind compiling the data...