Results for "web 2.0"

This feels like the longest holiday ever. Americans may think that Christmas is a huge deal, but New Years is an even bigger holiday, that unlike Christmas, is celebrated globally. New Year’s eve is a huge deal in Arab countries, especially Lebanon and the UAE, in Korea, and Japan. These non-Christian countries have no conceptualization… Continue reading Decade in review , and predictions

September has been a terrible month for WeWork, whose CEO stepped down, delayed its IPO until the end of 2019, and had its valuation cut by as much as 80% from as high as $50 billion just a month ago, to around $5-10 billion today. Consequently, there has been a plethora of stories about how… Continue reading No, WeWork failing is not a failure of capitalism, nor the end of the post-2009 tech boom

Taleb is going on again about how there is no statistical correlation between wealth and IQ: Here we go again. The replication crisis is now hitting IQstudies…Used the same approach as I did with fakescholar @sapinker, under recommendation by @yaneerbaryam: first use THEIR own data, then proceed to uncovering theoretical flaws. pic.twitter.com/kQQ3EwFcxh — Nassim Nicholas… Continue reading Nassim Taleb is Possibly Wrong about Wealth and IQ

Online, strong opinions about issues such as immigration, the national debt, student loan debt, tariffs and China, internet privacy and surveillance, gun control, abortion, etc., are commonplace. Pundits such as Alex Jones go on long rants about the encroaching power of the state, about the overreach of CIA and FBI, about the ‘Chicoms’, and how… Continue reading Capital rules the world

A useful heuristic I have found is that media narratives are almost always wrong. Whenever there seems to be a consensus by the media, that “such and such will happen” or that “such and such is certain,” such certainty almost falls way short of reality. For example: Student loan and college bubble bursting. College tuition… Continue reading Media narratives are almost always wrong

Facebook stock is surging higher on yet another quarter of huge earnings: Morgan Stanley analyst Brian Nowak believes ad sales will only grow bigger with Instagram’s promise as an e-commerce tool. In raising his price target on Facebook shares to $195 from $190 on April 9, Nowak estimates Instagram could add $4 billion in incremental… Continue reading More correct tech & stock predictions

Saw this meme going viral: Despite dropping out, Gates, Jobs, and Zuckerberg were immensely successful because of the alignment of many factors: connections (for elite universities, attending can be as valuable as graduating, due to connections), high IQ (which allowed them to get into such universities and be so successful at tech ), access to… Continue reading Entrepreneurism is overrated

Today’s viral article is The New 30-Something. The article went viral because it contains two of the three elements of the wealth-individualism-intellectualism trinity, those being wealth and individualism. All over Reddit, over the past four or so years, especially since the election of Trump, there as has been a ton of interest in personal finance,… Continue reading The New 30-Something

The left has been predicting student loan and financial crisis for years, to no avail. The same liberals who promote ‘useless’ degrees such as ‘gender studies,’ ‘child development,’ and ‘business administration’ are the same people predicting student loan crisis and seeking student loan reform and forgiveness at taxpayer expense, without understanding that they are part… Continue reading Student Loan Debt is Not a Drag on the U.S. Economy and Will Not Lead to Crisis

The Mad Rush to College is Killing Our Children’s Entrepreneurial Spirit Entrepreneurship, of course, requires time devoted to imagining and dreaming—time today’s students simply don’t have. Many spend every minute trying to build a résumé that will usher them into the best colleges. In The Coddling of the American Mind, social psychologist Jonathan Haidt and… Continue reading The Mad Rush to College is Killing Our Children’s Entrepreneurial Spirit: Analysis