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…

Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst

In agreement with Marc Andreessen, there probably won’t be a web 2.0 correction for a long time. Right now we have interest rates still at zero, and there is so liquidity in the world right now, so much wealth. Every time web 2.0 is supposed…

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…

Post-2008 wealth creation boom: recap and why it will continue

Over and over again, this blog keeps being right: -right abut tech stocks (especially, Facebook, Google, and Amazon stock (Gnon index), all of which keep going up) -right about Bitcoin (been long since early 2013) -right about the post-2009 economic expansion and bull market (now…

The ‘Earnership Society’

The ‘Ownership Society’ is a slogan coined in 2004 by former United States President George W. Bush describing what he viewed as an ideal society, where personal responsibility, economic liberty, and the owning of property are paramount. Fast-forward thirteen or so years, and as evidenced…

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, Nauseo.us 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,…

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…