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Flying Cars Are Coming. The Next Installment of Those 140 Characters Is Here…

Flying Cars Are Coming. The Next Installment of Those 140 Characters Is Here…

weasley’s flying car | Ashley Wheat | Flickr

As you know, we’ve been wondering about who those 140 characters are who Peter Thiel may well have been referring to when he said, “We were promised flying cars. Instead we got 140 characters.”

Since we’ve personally been in the industry since the early days of Web 1.0 in New York and spent a considerable amount of time in Silicon Valley as well, we’ve decided to take it upon ourselves to attempt to identify some of those characters, many of whom we’ve met and/or have gotten to know. Over the years, we’ve seen people and companies come and go. Some were bad timing. Many were simply bad ideas. Some were acquired for unbelievable amounts of money, only to disappear forever, leaving the then suddenly wealthy founders looking like geniuses. Tech is a constantly shifting landscape and people and companies come and go and fortunes made and lost at Internet speed.

Here are our picks for the next 40 of the 140, with some anecdotes and insights on the developing industry and its rising stars and investors, in no particular order. Without further ado, we’re letting this baby fly. Onward and forward. Read More...

AI in the Age of Social Media Blowback

AI in the Age of Social Media Blowback

Elon Musk has been warning us about the dangers of AI for quite some time now, saying that we need to regulate AI before it becomes a danger to humanity, “famously comparing work on AI to “summoning the demon,” and (warning) time and time again that the technology poses an existential risk to humanity, according to The Verge.

The tech community has a bad habit of shooting first and asking questions later, also known as ask forgiveness, not permission, which has led to data collection and invasion of privacy.  And in case you missed it, If you’re using an Android phone, Google may be tracking every move you make. Read More...

Amazon and Facebook: Two Very Different Paths Forward

Amazon and Facebook: Two Very Different Paths Forward

On the surface, not much difference in the Amazon Approach and the Facebook Approach: swallow up everything in your path. If we can’t buy you (Facebook/Snapchat), we will appropriate every new feature you develop and destroy you. Of course, when there’s a product or product line from an outside vendor that’s doing well on Amazon, the company will simply copy it and cut out the middleman.

Variations on a theme.

Not so, it seems, going forward, and it will be interesting to see who’s making the smarter bets. Facebook just introduced Facebook Local, which Wired is calling a Yelp and Foursquare killer and “the only Facebook app you need,” the point being to keep you even more engaged with the site, about which founding Facebook president Sean Parker had some choice words to share this past week, none of them flattering (Sean Parker unloads on Facebook “exploiting” human psychology), giving Axios “a candid insider’s look at how social networks purposely hook and potentially hurt our brains.” Bottom line here: Facebook is betting on a mobile future. Read More...

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