When I saw the NYTs article Is a Revolution in Cancer Treatment Within Reach? going viral, I could not help but to think I had seen this movie before. Every year, sometimes multiple times, we’re promised by the media, particularly the NYTs, that a cancer breakthrough, paradigm shift, or miracle is just around the corner,… Continue reading The cancer miracle is always just around the corner
Category: Uncategorized
The Rot Economy
I saw this article going viral The Rot Economy. This article is demonstrative of the common disconnect or misconception between how pundits perceive the US economy and technology companies vs. how things actually are. At the center of everything I’ve written for the last few months (if not the last few years), sits a cancerous… Continue reading The Rot Economy
The Daily View 6/19/2023: Juneteenth, vaccines, education
1. Today is Juneteenth, which almost everyone can agree was conceived and shoehorned because of George Floyd’s death (but to call it ‘George Floyd day’ would have been too obvious). This is the second holiday in just 3 weeks, the last being Memorial Day. The creation of new, contrived holidays is part of the trend… Continue reading The Daily View 6/19/2023: Juneteenth, vaccines, education
‘Old’ Media has Been Dying Forever, Yet it Holds On
Ted Gioia of The Honest Broker argues that legacy media is being displaced by social media or other alternative media: Maybe you can already figure out how this story ends. Every year, legacy media outlets shrink a little more, and alternative channels grow a lot more. Just do a simple trendline extrapolation, and draw your… Continue reading ‘Old’ Media has Been Dying Forever, Yet it Holds On
The Declining Quality of Google Search is an Opportunity for Reddit and other Competitors
The ongoing Reddit blackout in protest of Reddit’s API pricing has an unlikely or unexpected victim, that being Google. This is because, similar to Wikipedia, Google drives a lot of traffic to Reddit from people using Google indirectly as a Reddit search engine. The quality of Google’s search results have gone downhill precipitously over the… Continue reading The Declining Quality of Google Search is an Opportunity for Reddit and other Competitors
Diversity Really is Our Strength? It Depends.
I saw this Richard Hanania article going viral, Diversity Really is Our Strength. He writes: Immigrants change urban areas more than they change the country as a whole. Even setting aside the problems with black urban areas, the two whitest major cities in the country are Portland and Seattle, not exactly conservative paradises. If you… Continue reading Diversity Really is Our Strength? It Depends.
Crime and Real Estate in California (separating hype from reality)
NYC Housing Market Report: Rent Prices Are Skyrocketting The median rental price for Manhattan is now at an average of $4,050, which is $800 over what it was just a year ago, according to the eye-opening June market reports compiled by Douglas Elliman and Miller Samuel. Specifically, the average rental price in Manhattan has reached… Continue reading Crime and Real Estate in California (separating hype from reality)
Turkish Lira crashes, crypto crashes: right again. Mid-year recap.
Time for a mid-year recap post of all the predictions. The Turkish Lira crashed this week on Turkey’s newly appointed Finance Minister, Mehmet Simsek, ending the Turkish Central Bank’s costly scheme to prop up its currency. Just like I said would happen earlier this year: Prediction 1: Turkish stock market and ETF (ticker symbol: TUR)… Continue reading Turkish Lira crashes, crypto crashes: right again. Mid-year recap.
AI is not going to make things cheaper (hidden fees and costs will persist)
Marc Andreessen’s article Why AI Will Save The World went hugely viral. As to be expected, the tone is breathlessly optimistic. I agree that AI-doom fears are likely overblown and unfounded. The people who are championing this view have shifted the burden of proof to everyone else to prove why AI will not destroy the… Continue reading AI is not going to make things cheaper (hidden fees and costs will persist)
The crypto clown show continues: more lawsuits
The crypto clown show continues. Looks like I was right again: Crypto regulation is getting way worse, as I predicted a few months ago when Bitcoin was at $30k; now at $25k, on its way to $10k. The SEC is putting on the screws on crypto, in the span of only two days suing Binance… Continue reading The crypto clown show continues: more lawsuits