Crying Wolf: Holding the Pundits and Media Accountable for Being Wrong about Snapchat and Web 2.0

Snapchat’s valuation has now eclipsed $30 billion on its second day of trading (in agreement with my prediction in June 2014)…yet so many pundits got it wrong. But not just for Snapchat, but also Uber, Facebook, Google, Dropbox, Pinterest, AirBnB, Amazon, and many more. I’ve been reading predictions of a Web 2.0 bubble burst since […]

Web 2.0 & the Economy: It’s Different This Time, Part 2

In the past month, there have been a plethora of doom and gloom articles about web 2.0, Silicon Valley, the economy, and start-ups. In this series, I address some of the major concerns, arguing that perhaps the negativity is not all warranted. Part 1 From The coming dot-com 3.0 collapse: Google, Apple, Facebook, Amazon […]

The Daily View: #pissforequality Hoax, Expatriated Cash, Unions Need More Money, Huge Web 2.0 Salaries

NSFW Feminists Fall For #PissForEquality Hoax According to Right Wing News, a few n’er do wellers on 4chan had a brilliant idea: see if they could convince people to, “publicly piss/sh*t their pants in the name of ‘Equality?’” Site likes 4chan are leading the post-2013 SJW backlash, with great success as thousands – maybe millions […]

The Daily View: Teaching Kids to Code; Pinterest & Web 2.0; GOP Debate

From AVC: Computer Science For All Yesterday Mayor de Blasio announced Computer Science For All which is a ten year effort to train 4,775 NYC public school teachers on the fundamentals of computer science and how to teach it to their students. The goal of Computer Science For All is to have computer science teachers […]

Snapchat’s Huge Windfall : The State of Web 2.0

Looks like my 2014 prediction of Snapchat, originally valued at $4 billion, being worth $30 billion by 2016 is coming true. This talk of bubbles reminds me of 2007 when everyone, including all the experts, was certain Facebook was a bubble at a valuation of $15 billion after Microsoft invested; now it’s worth $200+ billion. […]

Why it seems like many high-IQ people ‘underachieve’

As if their earlier article How I Rewired My Brain to Become Fluent In Math wasn’t bad enough, magazine keeps raising the bar in demonstrating stupidity about all matters pertaining to IQ and intelligence, in their latest article If You Think You’re a Genius, You’re Crazy. We need to raise awareness about magazine […]

Why Robots Won’t Take All The Jobs

Over the past month or so, there has been considerable debate online about whether automation will destroy all jobs, and if so, how should policy makers try to respond. A few weeks ago, Bill Gates made headlines by proposing a ‘robot tax’, an idea which many economists roundly shot down. A story in February about […]

Tyler Cowen’s The Complacent Class: Reviews and Discussion

I have compiled a list of reviews for Tyler Cowen’s new book, The Complacent Class, along with some insight. From Arnold Kling: My Review of Tyler Cowen’s Complacent Class 3. I am still not happy with Tyler’s use of the term “complacency.” I can think of three senses of the word that are floating around […]

Why Socialism for the Rich, Capitalism for the Poor?

This article is going viral: Why Socialism for the Rich, Capitalism for the Poor? A small annoyance is how the word ‘socialism’ has come to mean so many things, usually depending on the underlying political or economic motives of whoever is using it, that it’s become hard to define. Socialism can mean: 1. Partial or […]