The Future Is Here, And It’s Now Being Evenly Distributed
If you work in tech you have probably heard this quote over the years: “The future is already here – it's just not evenly distributed.” William Gibson - August 1993
The Oculus, New York City
If you work in tech you have probably heard this quote over the years:
“The future is already here – it's just not evenly distributed.”
William Gibson - August 1993
Having lived in New York City for most of the past decade, I have often felt like New Yorkers live in the future compared to others around the country. Fast-casual salad restaurants, seamless, electric bike shares, uber, revel, spectacles, ramen burgers, cronuts, the void VR, capsule, etc, all existed in New York City (and to be fair other tier-1 cities) before making their way out into the smaller cities, then the suburbs, and finally the rural parts of America. Normally the process of “innovation sprawl” can take years.
In the very short amount of time we have all been in this global COVID-19 pandemic, technological innovation has been sprawling faster than ever. Everyone everywhere is being forced into the future. Using and adjusting to future technology to help cope in their own ways with the virus.
Learning for Pre-K through College has moved online, those younger students who didn’t have access to a computer at home, are now getting iPads. Education departments are also working to finally solve the issue of internet access for those students who lacked access to adequate internet (about 29% of households across NYC).
Traditionally online courses are seeing an increase as well. Two years ago I taught a course on Skillshare called Productivity Today. Normally January is the most-watched month of the year for all the courses on the platform, due to the increase in new year’s resolutions. But recently, with everyone working from home, March and April’s view times are beating the record high’s of January’s past.
While most young urban professionals (yuppies as the boomers call us) used to be the core customers of food delivery apps like Seamless, Grubhub, Uber Eats, etc. Now everyone, at every age, is using them. And every restaurant that wants to stay alive has been onboarded to deliver through them, greatly increasing the supply side of these marketplaces.
The same goes for grocery delivery apps like Instacart, Amazon Prime, and local grocery chains that have white-labeled their own solutions, such as Wegmans (which is actually powered by Instacart on the backend).
“This level of online shopping was, at best, forecast to occur five years from now,” says David Bishop, a partner at grocery research consultancy Brick Meets Click. “The demand has overwhelmed the capacity of the retailers.” In 2019, Bishop reports that 6.3% of grocery-related spending was through online orders, bringing in around $29 billion in U.S. orders alone. That’s a lot of green, but it’s a fraction of the $650 billion industry. “Shopping online costs more for the retailer, and was a low priority for grocery stores,” Bishop says. “They offered it as an add-on, not a core part of their business.”
Everything flipped this March. With shelter-in-place orders across the country, online groceries are now a hot commodity. About 40% of orders come from first-time shoppers, according to Gordon Hasket Research.
- Excerpt from The Real Reason It’s So Hard to Order Groceries Online Right Now
When I don’t order online and I do really need to get something from a physical retail location, I have been using contactless Apple Pay almost every time. In the times of social distancing, no cashier wants to touch a card or money I hand them and contactless payments have also flipped to become the norm.
You have probably downloaded Zoom recently, which has exploded massively in growth.
Along with FaceTime, Houseparty, and the up & coming Clubhouse which are bringing how we “hang out” with friends and family into the future.
Slack, which is enabling companies to communicate with their employee’s during remote working from home has also seen explosive growth. From Stewart Butterfield, CEO of Slack:
In lieu of expensive gym memberships, at-home workouts are taking off with Fitbod, Obe Fitness, and Peloton. And most fitness instructors are replacing their employer/gym by building a direct to consumer relationship, and teaching classes over Zoom or Instagram.
I’m not going to even touch on the changes happening in healthcare, because that could be its own post in and of itself.
We were headed toward a future at the end of 2019. A future that was likely inevitable but still 5-10 years away.
Now in 2020, this coronavirus is global and it’s accelerating the support for new technologies all around the entire world, all at once. The future is now being more evenly distributed than ever before. And when that happens, this fast, you not only arrive at the expected future sooner than later, but you pave a new foundation. Allowing the “next wave” of technology to build on top.
Tomorrowland
Smart Goals And Planning Your Future
The past year has been a long grind and while it’s not January yet, admit it, the thoughts of creative ways you can reinvent yourself in the new year have probably already started. You have probably been extremely busy these past twelve months, but, as you know, being busy does not mean you are being productive.
The past year has been a long grind and while it’s not January yet, admit it, the thoughts of creative ways you can reinvent yourself in the new year have probably already started. You have probably been extremely busy these past twelve months, but, as you know, being busy does not mean you are being productive.
Founder Institute Team Offsite 2018
If you are a rockstar founder or CEO though, you may have already met with your team to gather internal feedback, discuss a rough plan, come up with some smart goals, and chart the corporate course for the next 365 days. One example of how awesome teams do annual planning for the coming year; comes from our Founder Institute team offsite a few weeks ago in Lake Tahoe. As, Founder Institute CEO Adeo Ressi writes: “If you do not know what you want and where you are going, then you will never reach your potential.” Here is the 5 step process that we use at Founder Institute for our annual planning:
So this got me thinking. What if individuals planned for the next year with the same thoughtfulness and designed precision that companies do. To create a proper future plan and their own smart goals. Like most people, I juggle many things; I run Founder Institute New York, host the Ambition Today podcast, helped start the NYC Innovation Collective non profit, and have a personal life, etc. The first and non obvious answer is I have help and amazing teammates. Never take those around you for granted and make sure you have help. The second answer is that I view all of these as aligned to my personal core mission statement. I have a north star that guides my career choices day in and day out. It helps determine, at a high level, what I should say yes and no to.
This long term planning to set smart goals can be vital. It is the foundation upon which you manage your daily routine or drive monthly traction for your company. This tweetstorm from Julien Smith, CEO of Breather, does a great job stating how important it can be to stay focused on your north star. And more importantly how the effects of your long term grind start to manifest in your life. I recommend reading the whole tweetstorm, but here are two highlights:
So what things should you keep in mind as you plan your future smart goals and what you want achieve in the next 8,765 hours.
One: Aligning Yourself
First you need to digest your own thoughts. You need to step out of your normal day to day routine to take a step back. Schedule time to reflect, sans technology device. Just you and your thoughts. Even if is just for a cup of coffee one morning a week, or during a run. Go to a museum or visit a bookstore. Read a self help book. Watch an inspiring movie. Keep an open mind. Do whatever you need to in order to break out of your normal headspace. The clarity this will provide you will be very important.
Second, you need to gather raw and honest feedback from those you most respect and admire. Find someone whose actions or lifestyle you want to emulate and see what they do. Ask them what their routines are like and how they have accomplished similar goals in their own lives. Get an understanding of the blueprint, so you can start to build it for yourself.
Two: Define Your North Star
If you know where you want to go in life, you want to try formalize it into one sentence. Be sure you take the time to workshop it. It might go through many iterations, until it is something you love and feel passionate about. Consider it your personal mission statement. For example, my personal mission statement is to “Help Founders Improve The Lives Of One Billion People”.
If you don’t have a “north star” or a long term goal yet, that is fine. I assure you that you are not alone. And the answer for you is to go back to step one and aim to get as many new experiences as possible in the coming year. You need to test drive new places and people. Join an extracurricular team or activity in the evenings. Go volunteer somewhere. When you find something that feels right, I promise you, you will know.
Three: Establish Measurable Smart Goals
Smart Goals Definition: A goal which needs to conform to the following criteria: Specific, Measurable, Attainable, Relevant and Timely. ie; S.M.A.R.T. is the smart goals acronym.
Now that you know what you want to accomplish from step two, it is time to define what smart goals will determine success for you. When smart goals setting try to only have a handful of primary objectives. Above five and it will be harder to accomplish them in only a few months. These smart goals are the steps that take you closer to achieving your core mission.
Make sure you quantify the smart goals. Here are some great smart goal examples. If your smart goals are health related you could set smart goals around a specific desired weight, business milestones, daily food consumption, weekly number of workouts, average heart rate, etc. If accomplishing one of these smart goals will require the help of another person, for example a significant other, then you should discuss the smart goals with them and involve them in the process Just like these smart goal examples, you need to always be including a measurement along with the objective.
Four: Create Actionable Plans
Now that you have a mission and list of smart goals, it is time to determine the plans you will execute to work toward accomplishing them.
I like to start by writing the actionable first step underneath each goal. This way when you read it, you don’t get overwhelmed. You will simply know the next action that needs to be taken. From there you can take some time to expand and to build out a repeatable process. Writing out a great process can be hard at the onset because it takes time, but the long term freedom it affords you can be a game changer.
Five: Develop Tracking Systems
You will need to track your plans in order to measure success, thereby determining if you have accomplished the smart goals necessary to bring you closer to achieving your mission.
As with all things in life, accomplishing these smart goals will require time. You should keep a digital calendar. This will allow you to schedule recurring time every week in your schedule to focus on the set smart goals.
If your smart goals require other people then create weekly, bi-weekly, or monthly meetings with those people to review them together.
Allow yourself to view your progress. Create a visual space where you can, at a glance, see how you are doing. At Founder Institute we create dashboards using software. I personally use Todoist to track my tasks. But you could use something as simple as a whiteboard, which you take the time to update weekly.
I like to stack order my smart goals by the things in the next 90 days that will bring in the most revenue. Depending on your life, this can at times be a shifting and moving target. Which is why I re-evaluate it throughout the year.
It will take time to accomplish the five steps, but the result will be a strong annual plan for your life. In the coming months you will accomplish more than ever before. Ensuring that your day to day grind is not just busy work, but meaningful work bringing you closer to the long term vision for your life.
If you want some help and guidance in 2019, be sure to check out two of our Founder Institute NY portfolio company’s which might be able to help! Tenshey is on a mission to advance gender diversity and leadership development through executive coaching. The Lighthouse is a curated community of vetted industry insiders providing tailored career advice and support.
Remember, that the long term grind can be a powerful force. When you work toward your personal mission the long tail rewards will be the most meaningful! You may fail more than once, but keep going. That’s the moment when everyone else quits and you start to become an outlier. That’s when you break away from the pack. Keep the grind going.
I for one am excited for 2019, as major internet milestones are passed. Truth Seekers are pushed to the forefront of society as the Time Person of the Year. Private companies like Space X set records for most flights in a year. As investors leave mobile behind to look for new areas to back, such as blockchain, Artificial Intelligence, quantum computing, and more. I can’t wait to see what tomorrow looks like as we build it together!
NASA's Parker Solar Probe Launch: A Historic Interview To Touch The Sun
NASA made history on August 12, 2018, launching the Parker Solar Probe; their first ever mission to touch the sun. Luckily, I was invited by NASA to come down to Cape Canaveral to have a front row seat to the rocket launch! While there, I had the opportunity and pleasure of interviewing Felipe Ruiz, who is the Deputy Lead Mechanical Engineer from John’s Hopkins Applied Physics Laboratory.
Parker Solar Probe: Credit - Jon Reino Photography
NASA made history on August 12, 2018, launching the Parker Solar Probe; their first ever mission to touch the sun. Luckily, I was invited by NASA to come down to Cape Canaveral to have a front row seat to the rocket launch!
This was definitely a once in a lifetime opportunity that I am proud to say I was able to witness with my own two eyes. While there, I had the opportunity and pleasure of interviewing Felipe Ruiz, who is the Deputy Lead Mechanical Engineer from John’s Hopkins Applied Physics Laboratory. He helped directly build the Parker Solar Probe and was kind enough to share his personal journey contributing to such an important advancement in human civilization.
The Parker Solar Probe will use seven gravity assist Venus flybys over the next seven years to slowly shrink its orbit around the sun. This will bring the Parker Solar Probe as close as 3.83 million miles to the center of the sun. On the probe’s closest orbit, it will be seven times closer than any spacecraft before it. Eventually becoming the fastest human-made object in existence, at 430,000 mph relative to the sun. The spacecraft will transmit its first science observations in December.
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Transcript:
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Behind The Scenes Of A Mission To Touch The Sun: NASA's Parker Solar Probe Launch
I will be sharing my experience behind the scenes at Cape Canaveral for NASA's Parker Solar Probe at 3:48 a.m. EDT on Saturday, August 11. Be sure to follow my social media posts over the next few days to watch behind the scenes of one of NASA’s biggest launches in recent years!
Delta IV HEavy At Cape Canaveral
In early 2017, Founder Institute announced a new initiative, the STAR Fellowship. To inspire and empower entrepreneurs to build 500 new space-related businesses by 2025. We wanted to help cultivate "astropreneurship". We did this in partnership with some of the world’s foremost leaders in space, entrepreneurship, and innovation to simplify the complex process of launching a space startup.
Commander Michael López-Alegría - NASA Astronaut
During this time I became fortunate to meet with some of the amazing space industry experts, such as the New York Space Alliance. I even got to met my first Astronaut during the release of Sparks & Honey's report "Space: Exploration Innovation Brought Down To Earth". It was a pleasure to met former NASA Astronaut Commander Michael Lopez-Alegria, who holds the all time American record for number of Spacewalks (10) and total Spacewalk duration (67 hours and 40 minutes).
So earlier this year when I heard NASA was scouting for social media influencers, I decided to apply for social media credentials. And then a few months later, to my surprise, I was selected by NASA to come down to Cape Canaveral for the launch of the Parker Solar Probe!
The Parker Solar Probe is NASA's first ever mission to touch the sun. The Parker Solar Probe will use seven gravity assist Venus flybys over the next seven years to slowly shrink its orbit around the sun. This will bring the Parker Solar Probe as close as 3.83 million miles to the sun. On it's closest orbit, the probe will be seven times closer than any spacecraft before it and it's eventual speed will make it the fastest human-made object in existence, at 430,000 mph relative to the sun.
As NASA states; "The spacecraft will go close enough to the sun to watch the solar wind speed up from subsonic to supersonic, and it will fly through the birthplace of the highest-energy solar particles. Still, as with any great mission of discovery, Parker Solar Probe is likely to generate more questions than it answers."
At 3:48 a.m. EDT on Saturday, August 11, the Parker Solar Probe will launch to begin its journey to the sun atop the second most powerful rocket in operation: the Delta IV Heavy. Selected in 2015 for the mission, it was the biggest rocket on the planet before being eclipsed by Space X Falcon Heavy in February of this year. To learn more about the mission, the Parker Solar Probe, and NASA's launch this Saturday be sure to watch the video below detailing the Park Solar Probes journey to touch the sun.
I will be sharing my experience behind the scenes at Cape Canaveral on social media for everyone to follow along. I will be tweeting, Instagramming, live streaming on Twitch, and more. The links are below. So be sure to follow my social media posts over the next few days to watch behind the scenes of one of NASA’s biggest launches in recent years!
Allen Saakyan's Simulation, Discussing The Future Of Humanity
We are proud to have Allen Saakyan on our show today. Not only do I get the pleasure of interviewing him, I had the privilege of being interviewed for his podcast, Simulation, as well!
Allen Saakyan, Simulation
We are proud to have Allen Saakyan on our show today. Not only do I get the pleasure of interviewing him, but I also had the privilege of being interviewed for his podcast, Simulation, as well! This episode will be a little different as we go back and forth asking questions for both of our podcasts, you won’t want to miss it!
Growing up, Allen knew he was destined to take a different path. He was always curious, which drove him to wonder why so many people always took the same path. His quest became to figure out how could he help people desire to take their own path? Fast forward, and now he is the successful founder of Simulation, a podcast that facilitates humanity’s most thought-provoking questions. He also is the host of World’s Fair, a festival with mind-blowing technology and futuristic talks. Listen in to hear more about:
- Allen's meaning of Simulation
- How people are working to make the world a better place
- Why mentorship is so crucial
- How Allen is working to bring back the iconic World’s Fair
- The need to talk about the future and why it is important
- What is the most beautiful thing in the world
The Single Greatest Piece of Advice:
Members of the "A-list" can listen to exclusive A-list bonus clips here! If you are not a member yet be sure to join the Ambition Today A-list!
Quote Of The Episode:
“Value is determined by a person's passion to change the world and make it a better place”
Links from this episode:
Listen to this episode now:
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Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
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Thank you for listening!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Transcript:
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Gabe Zichermann's Onward Helps You Achieve Tech-Life Balance
Author, public speaker, and entrepreneur are just a few great titles for today’s guest, Gabe Zichermann. He is the CEO and Founder of Onward, a company that helps you achieve tech-life balance.
Gabe Zichermann, Gamification
Author, public speaker, and entrepreneur are just a few great titles for today’s guest, Gabe Zichermann. He is the CEO and Founder of Onward, a company that helps you achieve tech-life balance. Gabe is also known for his expertise on the topic of Gamification. Having written three books, “The Gamification Revolution”, “Gamification by Design” and “Game-Based Marketing”.
Gabe grew up in Toronto with his two parents that immigrated from Hungary and Romania. He had a passion for games from a young age of 8 when he got his first computer, a Commodore VIC-20, and programmed his first computer game. After college, his first big success was Trimedia, which he sold in 2005. From there Gabe helped define the field of Gamification. In this episode, we get to discuss Gabe's full background, both the ups and downs of life, including:
The power of games and their application to the rest of the world
What is "Gamification"
How to recognize when to change your life
Why it can be so important to take a step back
The importance of doing the self work as an entrepreneur
His success with building Trimedia
Growing his newest company Onward
The future of tech-life balance
Ambition Today Question of the Day™ :
“On the topic of tech life balance, how do you recommend people keep themselves in check?”
The Single Greatest Piece of Advice Gabe Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“The most important thing is to understand who you are and what your strengths and weaknesses are, and be able to name it”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
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Terry Young's Sparks & Honey Is Mapping Culture To Forecast The Future
From a small town in Western Kentucky to becoming an entrepreneur on Madison Ave, Terry Young joins us on this episode of Ambition Today. Terry is a successful advertising entrepreneur and the CEO of Sparks & Honey
Terry Young, CEO of Sparks & Honey
From a small town in Western Kentucky to becoming an entrepreneur on Madison Ave, Terry Young joins us on this episode of Ambition Today. Terry is a successful advertising entrepreneur and the CEO of Sparks & Honey, a company identifying and mapping emerging cultural waves through the use of machine learning systems, algorithms, and human insight.
After earning his Master’s Degree in advertising, Terry started working in the digital advertising industry in 1995, when digital marketing was just getting started. A short two years later, he was running the company. Terry got the opportunity to live in China and help start-up initiatives while working for McKinsey. He also lived in Kazakhstan while in the Peace Corp where he helped small business shops with their financing and starting their businesses. Terry brings a great perspective on culture and new trends. On this episode, we also discuss:
Growing up in a small town in Kentucky
The impact of joining the Peace Corp
Rebuilding the traditional advertising model
The intersection of being gay and an entrepreneur.
How Sparks & Honey maps culture
Why predicting the future matters
Defining micro signals and macro trends
What is happening in the space industry
Ambition Today Question of the Day™ :
“How do you best recommend that people in organizations ride the waves in a trend?”
The Single Greatest Piece of Advice Terry Has Ever Learned:
Join the Ambition Today A-list to listen now!
Quote Of The Episode:
“I say to every person who was here … that has left, you are also leaving your shape and your mold on the company, because it is a reflection on them too.”
Links from this episode:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
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LIVE EVENT! Cryptocurrency, ICO, & Blockchain Law in 2018 with Joe Daniels of McCarter & English
This episode comes to you from the heart of New York City for our first live podcast episode discussing cryptocurrency, ICO, & blockchain law!
Joe Daniels, Co-Chair of McCarter & English Venture Capital & Emerging Growth Companies practice
This episode comes to you from the heart of New York City for our first live podcast episode discussing cryptocurrency, ICO, & blockchain law. In late January almost 100 founders gathered at the offices of McCarter & English for our January Founder Institute Meetup! The crypto founders there heard from Joe Daniels, who is the Co-Chair of the McCarter & English's Venture Capital & Emerging Growth Companies practice. Joe has worked on numerous SAFT & token offerings, including San Francisco based Quantstamp, which just raised $30 million in its pre-sale, along with Augmate, The Valorem Foundation, RealECoin, VIMarkets, CoinBoost, and RecylcleGO.
During this event, Joe reviewed the current cryptocurrency, blockchain, & initial coin offering laws in 2018. Learn the key things that you need to know about ICO's, the SEC, international business, SAFT agreements, and more. If you are interested in understanding the legalities around cryptocurrencies, tokens, and the blockchain, then you will definitely enjoy this episode. The slides that Joe is going over during his presentation are available below if you want to follow along. They are packed with information, such as:
What are Blockchain Tokens (Cryptocurrencies)
What is an ICO
How much has been raised in ICOs / SAFTs
How do SAFT agreements work
Regulatory Issues w/ ICOs
The SEC's response to the emergence of cryptocurrencies
Current Best Practices for cryptocurrencies
Follow Along With All The Slides From The Event:
Listen to this episode now:
Join the shows A-list backchannel for exclusive access to additional Ambition Today content, deeper guest insights, a community of fellow fans, and much more. Plus, Learn the single greatest piece of advice this guest has ever learned!
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
You can find the full transcript of this episode here.
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What Is Blockchain? What You Need To Know About Bitcoin, Ethereum, NFT’s, And Crypto
With Coinbase officially adding over 100,000 new accounts per day, I have started to get a lot more questions about Cryptocurrency and Bitcoin in general. My goal with this post is to provide people with a starting point to best get up to speed on the space, fast!
Old coins from the Roman Empire
It is a long journey down the rabbit hole of Cryptocurrency to truly understand everything that is going on within the blockchain space (and how it is affecting other industries). But it is not an impossible task, and you have to start somewhere. With Coinbase officially adding over 100,000 new accounts per day, I have started to get a lot more questions about Cryptocurrency and Bitcoin in general. My goal with this post is to provide people with a starting point to best get up to speed on the space, fast!
I first heard about Bitcoin in 2012 while writing daily Tech news for the Launch Ticker. I believe it was priced around $10, but I didn’t understand Bitcoin at the time, so I didn’t buy any. Then, in 2013, Bitcoin became what I would refer to as "Silicon Valley / Venture Capital" mainstream. Which in hindsight, I think we in the industry sometimes forget just how early to new ideas and industries we can be. Even still I did not buy any bitcoin. Even with everyone talking about something, it can be so easy to dismiss the things we don’t understand. And so, as Wayne Gretzky once famously said, "You miss 100% of the shots you don't take."
So two years later I took a deeper look at Bitcoin and I started to understand how it all works before buying some. I went down the rabbit hole; reading blog posts, sub-reddits, listening to podcasts, de-mystifying the blockchain, smart contracts, etc.
Which brings us to today. If 2016 and 2017 have taught us anything, it is that we are in a new era where awareness outpaces execution. In my opinion, social media and the connectivity of smartphones has no problem getting people talking about the hot topics of the day or week on the surface. But we are flooded with so much information that it has become harder to filter what is worth stopping, taking the time to learn more, and going deep on a subject.
And so today, my advice is to take some time to understand Cryptocurrency and it's surrounding technologies. Whether or not you are a believer in Bitcoin, Ethereum, or any other cryptocurrency, the technologies that have enabled this revolution, such as the blockchain, are almost certainly here to stay. I am going to lay out some information, which should help you gain a deeper understanding around the whole industry. I would recommend digesting them in the order I present them in, and remember to keep an open philosophical mind:
Understand Why We Have Money and How It Works Today:
Yuval Noah Harari, Author of the book Sapiens, explains how civilization came to have money over the course of evolution in this TED talk: "Why Humans Run The World". I recommend watching it all, but skip to 10:45 in the video if you want to fast forward to the money part.
This video on Money and Finance from John Green's youtube channel Crash Course is a super quick refresher on how our modern day monetary systems work. It even briefly mentions how Bitcoin has played a role as it has emerged over the past few years.
Bitcoin:
Watch Banking On Bitcoin on Netflix
Banking on Bitcoin is a 2017 documentary currently on Netflix. The first 20 minutes will give you a great overview on how Bitcoin ad the technology around it works. With the rest of the film covering the history of cryptocurrency, regulation of the industry, who is Satoshi Nakamoto, the dark web, and how people have used Bitcoin to date. It features interviews with enthusiasts and experts, this documentary covers Bitcoin's roots, its future and the technology that makes it tick.
Blockchain:
The Blockchain is actually explained somewhat simply during this TED talk by Lorne Lantz.
In this episode of the Tim Ferris Show "The Quiet Master of Cryptocurrency", he is joined by Naval Ravikant (who you will also see in Ethereum TechCrunch talk below with Vitalik Buterin) and Nick Szabo (who you might remember from the Banking On Bitcoin documentary above).
This episode goes much deeper into the world of cryptocurrency. You will learn about how the blockchain works, the history of smart contracts, what a Merkle Tree is, the importance of decentralization, and so much more!
In this video from Wired, Blockchain researcher Bettina Warburg explains the blockchain in every age from a child up through graduate school. It then ends with a great conversation with another Blockchain expert.
Lastly with regard to the blockchain, if you click the button below you can see a step by step visual demo of the blockchain in action. I highly recommend clicking through the demo to better understand how blockchains work.
Ethereum:
At age 19, Vitalik Buterin, created Ethereum in 2013. To think about it simply, Ethereum is similiar to Bitcoin but it also allows developers to deploy code and software programs on it's blockchain.
Ethereum is a decentralized platform that runs smart contracts; applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
Buying Bitcoin and Cryptocurrencies:
The easiest way to get started with cryptocurrencies is by creating an account on Coinbase.
After signing up you will be provided with your own digital wallet, which is stored in the cloud, on Coinbase’s servers. This is important to note because you are trusting a third party to protect your wallet. There are other digital wallet alternatives if you would prefer to not store your cryptocurrency on Coinbase, such as storing your wallet on your computers hard drive or on an external Zip drive. Whichever you choose, be sure to pick a wallet that is secure. Using Coinbase you can buy Bitcoin, Ethereum and Litecoin.
Important Note: Be sure to ALWAYS use two factor authentication. Do not use SMS based two step verification as your phone number can be stolen depending on your phone company. To understand why this is important and learn some more security tips to secure your digital wallet, I recommend reading Cody Brown's article "How to lose $8k worth of bitcoin in 15 minutes with Verizon and Coinbase.com".
If you are looking to get involved with more Crypto Assets & Currencies I am linking to some getting started guides below:
A Beginners Guide To:
Bitcoin Cash
Ethereum
Ethereum Tokens
Monero
Litecoin
0x
Tezos
Decred
Zcash
For more cryptocurrencies you can check out Coin Market Cap to see what else is out there. Clicking on a currency on Coin Market Cap will show you more information about it, including historical prices, as well as tell you the available exchanges you can buy from.
ICO's:
Be wary of Initial Coin Offerings of new tokens. Many new coins that are being created are simply not needed in my opinion. Especially if the same function or utility could be done using an already existing cryptocurrency.
If you do find a crypto currency you like, then you need to evaluate the whole project, just like you would if you were investing in an early stage startup. Make sure you research the amount of money being raised, what the token does, the valuation that the project actually works and is live, the team behind it, etc. Just how with early stage startups, only the top 5% of companies are worth investing in, the same is true of ICO’s. Most ICO's will likely fail. Fred Wilson, has a good blog post on how to carefully evaluate these new crypto assets.
White Papers:
White papers lay out the foundation for how a crypto asset works and what principles it relies upon. In the world of crypto, they are similar to the pitch decks that startups put together today or a traditional business plan, and they are typically shared with the public. To really get a good understanding of what they look like, I am including the original Bitcoin white paper wrote by Satoshi Nakamoto and the Ethereum white paper.
Hard Forks:
Forks happen when a blockchain splits in two, going forward from a certain date. The main cause of a hard fork is because of a new rule that gets created by a certain portion of the community. This can create another currency if the new network is stable enough to sustain itself after the fork. Being as both the old and the new currencies share the same ledger history, customers with balances of the original currency at the time of the fork now have an equal quantity of the new currency. You can read more about forks here and the few most successful forks to date are:
Bitcoin Cash - Forked from Bitcoin on August 1st, 2017.
Bitcoin Gold - Forked from Bitcoin on October 25th, 2017.
Ethereum Classic - Forked from Ethereum in 2016.
Regulation And Sustainability:
Being as regulation can be quite complex, I am going to simply link out to some additional reading materials in this section.
State Regulations:
China
Singapore
South Korea
Historical Incidents:
Mt. Gox: In 2014, 850,000 bitcoins, worth $450 million at the time, had disappeared or been stolen by hackers.
DOA: In June 2016 an anonymous hacker exploited a critical flaw and stole $31 million in Ether in a few minutes.
Energy Consumption:
High Energy Consumption:
Low Energy Consumption:
Wall Street
J.P. Morgan
Futures Contracts
The Future of Cryptocurrency:
I encourage you to clickthrough and view all of the slides Chris Burniske, Author of Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond, has put together. I have shared the first slide and my favorite slide below:
DISCLAIMER: These are just my personal thoughts and resources. I hope it helps you learn about the cryptocurrency industry so you can better make your own decisions. Be sure to do your own thorough diligence before making any financial decisions. Always invest responsibly.
Andrew Weinrich Is Predicting Our Future
On this episode Andrew Weinrich sits down with us at his offices in Brooklyn New York. Andrew is the founder of Andrews Roadmaps and the host of the new "Predicting Our Future" podcast.
Andrew Weinrich
On this episode Andrew Weinrich sits down with us at his offices in Brooklyn New York. Andrew is the founder of Andrews Roadmaps and the host of the new "Predicting Our Future" podcast.
As a serial entrepreneur, Andrew created the first ever social network called, Six Degrees. At its height, SixDegrees had around 3,500,000 fully registered members before being bought by YouthStream Media Networks in 1999 for $125 million. In more recent years, Andrew has sold 2 more businesses including Xtify and Meet-Moi. He is currently the co-founder and Chairman of Indicative, a data analytics startup. He also hosts Predicting Our Future, a podcast about the next revolutions in technology. Andrew shares many incredible lessons from his experience over the last 20 years, such as:
- How the first social network, Six Degrees, was created
- What it was like to exit a company for over $100 million
- How Social Networking has changed over the last 20 years
- The future of Social Media
- What ties all of Andrew's companies together
- How to ride the "wave" of new technologies as they emerge
- How he is Predicting Our Future
Ambition Today Question of the Day™:
"What advice do you have for people who are obsessing over getting rich and making a large amount of money to solve all of their problems?
Quote Of The Episode:
"You want to be a critical thinker. Investors assume first and foremost, that whatever plan you have is wrong. That whatever you launch won't be right, it will require pivoting. The question is are you someone who is capable of pivoting? If you're a critical thinker, you will be capable of pivoting."
"Entrepreneurs take advantage of moments in history. They are not determinative of those moments."
Links from this episode:
- Andrew Weinrich on Twitter
- Andrew Weinrich Linkedin
- Andrew's Roadmaps
- Predicting Our Future podcast
- SixDegrees.com
- Founder Institute New York
- Toptal
- Audible
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today on iTunes Store Apple Podcasts for iOS, on Google Play Music or Stitcher for Android.
Listen to this episode now:
Dennis Mortensen Is Hyper Focused On The Future Of Artificial Intelligence With X.ai
From the brand new Fulton Center in downtown Manhattan we bring you Dennis Mortensen. He is founder and CEO at X.ai, an artificial intelligence driven personal assistant named Amy who schedules meetings for you.
Dennis Mortensen
From the brand new Fulton Center in downtown Manhattan we bring you Dennis Mortensen. He is founder and CEO at X.ai, an artificial intelligence driven personal assistant named Amy who schedules meetings for you.
Growing up in a family of entrepreneurs in Denmark, Dennis initially strove to be a game engineer at IBM. He soon failed to resist the call to entrepreneurship though as he started and sold three of his first four companies. Dennis is now changing the way people interact with artificial intelligence by pioneering it's future. After raising $30+ million and growing the team to 93 people, he is hyper focused on building X.ai to rescue people's time. It is clear that focus is something he excels at from some of the unique lessons he shared:
- Growing up in Denmark in a family of entrepreneurs
- Difference between being a serial entrepreneur and a first time founder
- The impact immigrants can have creating jobs in the United States
- Importance of doing one thing really well
- Keeping a clear mind is one of the keys to success
- Why this wave of artificial intelligence is different from any before it
- Where the future of Artificial Intelligence is going
Ambition Today Question of the Day™:
"As a serial entrepreneur how do you manage your life and prevent burnout?"
Quote Of The Episode:
"I take pride in the mental freedom Inbox Zero provides me every day. You can start to think again, and really good ideas come with that"
Links from this episode:
Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
Be sure to listen and subscribe to Ambition Today in the iTunes Store for iOS, on Google Play Music or Stitcher for Android.
Listen to this episode now:
🎊 🎉 Happy New Year 🍾 🥂
Life is what you make of it and being as I only have a limited number of years to live I refuse to declare one of them sucked. So with that I wanted to reflect on the wins of 2016!
The consensus on 2016 seems to be the same everywhere you look. After a year of campaigns, Zika, Brexit, exploding batteries, the loss of greats like Muhammad Ali, Prince, David Bowie, Harambe and more; many people (so many people) have said 2016 sucked. Negativity has become rampant across society, but in my opinion; Sic Vita Est (Thus is life).
Life is what you make of it and since we all only have a limited number of years to live, I refuse to declare one of them as having sucked. So with that I wanted to shed the negative and reflect on the wins of 2016!
The biggest win of the year is that I had the most incredible woman in the world say YES when I asked her to marry me in July! We recently set the wedding date in 2017 and I couldn't be more excited.
This year I was also blessed to be able to work with 35 great founders and help them start new companies as they joined the Founder Institute New York family. We launched the new FounderX program this year and Ramphis Castro and I were awarded Best Ecosystem Builders of the Year for New York City across Founder Institute's 150 cities.
Last but certainly not least, I got to share my story and thoughts with you. There are now thousands subscribed to this blog. The Ambition Today podcast has shared numerous journeys to success over 25 episodes. Hopefully this has helped you, as that is always my goal. As 2016 comes to a close I am grateful that you are each a part of this community.
Even when it feels the world is not always so great, is important to still see the greatness out there, and within yourself.. So upward and onward into 2017! I am excited for the next year and hope you are as well! I can't wait to see where we take it.
Happy New Year! - Kevin
A Consciously Fresh Perspective
It is time for a consciously fresh perspective. I have always been extremely curious about what is happening in the world around me. In college I mixed that curiosity with scientific analysis when I majored in Cognitive neuroscience...
It is time for a consciously fresh perspective.
I have always been extremely curious about what is happening in the world around me.
In college I mixed that curiosity with scientific analysis when I majored in Cognitive neuroscience, the analytical combination of Neuroscience, Philosophy, Psychology, Linguistics, and Artificial Intelligence. If that wasn’t enough, I then minored in Philosophy as I enjoyed solving deep and challenging logic problems.
Fast forward to today and I work with startups. As a result over the years, I tend to have a habit of early adopting new technology before the majority of people get it. Some of which I have written about before such as Fitbit, Google Glass, Apple Watch, Boosted Boards, and several innovative companies. I do this because I believe there is an advantage while working in Venture Capital to experience and understand new technology first hand in order to be able to accurately see future trends.
Also, I live in New York City, which means that anything I can think of is literally accessible within walking distance of me every day.
Combining all of the above, if I were to describe myself today I would say I am an extremely curious, analytically scientific, deeply philosophical, and optimistically futuristic person. Side-note: I still like having fun too 😉 .
The reason I have been thinking about this and am sharing it with you, is that along with 47.9% of America that went blue I did not see the U.S. election results coming. Brexit and the rise of populism have caught me by surprise as well.
The point of this post is not to dive into political waters though. So putting aside specific political candidates, echo chambers, inaccurate polling, my own personal beliefs, and more; what this post is really about is me reconciling that I failed to empathize with the other 47.2% of red America.
To be clear, empathy doesn’t mean you need to agree with someone. It means you understand another person's experiences and emotions; the ability to share someone else's feelings. I have not done a good enough job of that in recent months. Last week was a sobering reminder for the need to stay constantly aware of the lens that one views the world through.
It is important to keep a clear and honest perspective that balances the past, present, and future at the same time. To force oneself to take a step back and keep a consciously fresh perspective. To grow the personal self awareness to be able to see that at times there are differences between how your own experiences cause you to perceive the world, how other people are perceiving the same situation, and what is really happening.
Lastly, while personally working to view the world through that unbiased lens it is important that we talk to more people. Including those who disagree with our viewpoints. Exposure to the opinions and beliefs of others is the only way to gain a wider and more accurate view of the world.
I Just Voted. You Should Too.
I am going to ask you to take a step back from all the noise and distractions around this election. To find even three to five quiet minutes to stop what your doing and think clearly about what you really want our country to be over the next four years and beyond.
I just voted and you should too.
I am not going to remind you to take action or that voting is the patriotic thing to do.
I am just going to briefly stress to you of the importance of this election. I am going to ask you to take a step back from all the noise and distractions around this election. To find even three to five quiet minutes today to stop what your doing and think clearly about what you really want our country to be over the next four years and beyond. Use those quiet moments to find some clarity using both your heart and your brain. Not just one or the other. Apply empathy to your perspective.
Take that clarity and go vote today for the people on your ballot who you truly believe will make this country a BETTER place for ALL 318.9 million citizens of the United States of America.
A Full Day With A Brand New Boosted Board Version 2
I grew up in the suburbs of Buffalo and started driving as soon as I could. I paid off my first car while bartending in college and grew up being used to having the freedom of, if you just want to go somewhere, you simply get in your car and go there. As of today, I think I might finally have that freedom back!
Central Park, East Side Drive
I grew up in the suburbs of Buffalo and started driving as soon as I could. I paid off my first car while bartending in college and grew up being used to having the freedom of, if you just want to go somewhere, you simply get in your car and go there.
Then I moved to New York City, sold my car, and learned the ropes of public transportation. While I love public transportation and have mastered the ropes; the subway, buses, trains, and taxi's do at times force you to submit to their binds a lot of times. As a result of those limitations I still craved a way to get around New York City just as I used to be able to get around with my car, on my own terms. As of today, I think I might finally have that freedom back!
I just got my brand new Boosted Board Dual + Version 2 and yesterday was my first full day riding it. You may have seen these magical all electric "vehicles" around YouTube as a lot of the content creators have them already. Here are some of my initial thoughts so far.
High Praise 🙌 ! WOW! I am blown away! As a life long skater I can honestly say this is the dream. I started skating in my childhood driveway from before I can remember and more recently I have been longboarding around New York City on a good old fashioned non-motorized longboard for the past 3 years. This new board though, it is no joke.
Boosted Board Power Modes
To give you some quick background the Boosted Board Dual + v2 is an all electric longboard with 2 motors. It can go up to 22 MPH and comes with a 6-7 mile range on average. An optional extended battery can increase the range to 12 miles on a single charge.
The amount of acceleration the board has, is nothing short of impressive. I was immediately blown away by how fast it actually accelerated me. After that I also wasn't sure how the board would handle going uphill. I quickly learned. When I approached my first big steep hill in midtown manhattan, I jumped the boosted board up one mode from Beginner to Eco and it climbed it like a champ. Again, even accelerating while carrying me up the hill. And, if you put the board in PRO mode, you essentially fly.
Now while getting speed and acceleration on traditional longboards is almost always somewhat easy, stopping can be challenging. Stopping a longboard with your foot is a skill that takes some getting used to when you first start riding. But not with Boosted. The brakes are built into the throttle. And even better they are regenerative so when you are braking your are actually putting power back into the battery.
Perhaps most importantly though, one of my favorite things about the Boosted Board is the fact that you are getting around the city above ground. It really is a small electric vehicle. It can become easy in a big city full of public transportation to only orient your understanding of the city around the subway stops you magically pop out of the underground from. With a Boosted Board however, something that can only be described as "experiencing the great outdoors" of New York City's concrete jungle might be my favorite feature. Not only is it at times faster to get somewhere via bike lanes then taking either the subway, bus, or a taxi through traffic, but it is mind freeing. You can't stare at your phone like you would on the train or in the back of a cab, so you are forced to just experience the city around you. Which I love!
The Boosted Board's basic functions have exceeded my expectations and I can't wait for my next ride. I am sure I will learn more about the Boosted Board as I continue to ride it, but my initial impressions are amazing. I truly love that it has the potential to expose me more to this great city I live in and I can't wait to explore more of it with my Boosted Board taking me there.
The Death Of The Headphone Jack
In 2014, I for the third time returned my wired Beats by Dre Tour headphones to Best Buy. Yet again they had stopped working in the one ear due to the cord bending down at the plug. Over the years
iPhone 7 concept design without headphone jack. Image credit: Handy Abovergleich
In 2014, I for the third time returned my wired Beats by Dre Tour headphones to Best Buy. Yet again they had stopped working in the one ear due to the cord bending down at the plug. Over the years I had tried Beats, Skull Candy, and many other brands of headphones. As they all suffered the same fate I needed to make a bolder change than just trying another brand. So to change it up this time I exchanged my beaten up tour headphones with wires for some Beats By Dre Powerbeats2 Wireless headphones. I made the switch to bluetooth headphones and said goodbye to the headphone jack, for the most part.
The next day I went into the office, grabbed my shiny new headphones, and went to plug them into the headphone jack before a conference call; which I obviously couldn't. I had to take a moment, turn on my laptops bluetooth, and connect them wirelessly. Which then disconnected them from my phone as it also had it's bluetooth on. Also new for me was the concept that I now had to keep my headphones charged. Something I have never had to worry about before. I found myself from time to time gravitating toward my wired Apple headphones when using my laptop just to avoid having to reconnect back to my iPhone later. Needless to say, as a man whose headphones are so important they are always within arms reach, there were some behavior changes I had to make.
Surprisingly though, I made those changes and I did not return my bluetooth wireless headphones. Two years later I still use my bluetooth headphones everyday. The sound is great! I am more handsfree with my devices when using them and my iPhone alway keeps me notified of the headphones battery level. As you can see the headphone jack is dying and rightfully so. The technology behind the modern headphone jack was actually invented in 1878.
Earlier this month it leaked that the Apple iPhone 7 might not have the normal 3.5mm headphone port at all. Headphones will now have to connect to your iPhone either through bluetooth or by plugging into the existing lightning port where you charge your phone. A similar move to the one made by Apple last year when it removed all the ports on its Macbook and switched everything to a single USB-C port. I am confident that in 2016 we will witness the beginning of the end for the headphone jack as we know it for a few reasons.
Image credit: Apple
First off, Apple now owns a headphone company. Apple is one of the few companies that could force the headphone standard to switch from 3.5mm to lighting ports across the industry using it's Beats by Dre brand.
From the phone perspective this move immediately frees up more room inside the new device for other hardware, hopefully more battery. It also potentially removes the last hole on the iPhone that couldn't be properly waterproofed. Perhaps most importantly, switching audio from the current hundred year old headphone jack to using the digital Apple lightning port would enable higher definition audio. After all, every box of Beats by Dre headphones includes a quote from Dr. Dre in the studio telling you that you need these high quality headphones to be able to hear all the sound as it was intended to be heard by the artists. Lastly, a lighting connector enable's a whole new suite of digital software possibilities between your headphones and your iPhone 7. The rise of the smart headphones will likely be a result.
Apple's growth has slowed and they will need to start finding new ways to keep increasing revenue. As shown by the new iPhone smart case, accessories seem to be one of their moves in addressing that gap. A lightning to 3.5mm headphone adapter would could be a major sell for the company if there is no other option to listen to certain devices without it.
So just as in 2012 when TechCrunch declared Winter Was Coming due to Apple declaring the end of the 30 pin chargers that were in the iPhone 4, Spring will follow winter very quickly. We will all adapt. In the process we will finally update a 100 year old technology, have better sounding music, enjoy a smarter pair of headphones, and once again Apple will continue to lead innovation in the mobile space.
I Dream That Society Comes Together To Solve Global Problems
I have a dream that before I die I am able to give back to this world and society in a way that it is as much a better place as I can make it during my lifetime.
I have a dream that before I die I am able to give back to this world and society in a way that it is as much a better place as I can make it during my lifetime. Knowing that about myself I find social entrepreneurship a very attractive ideal and nobel venture. The ability to help others improve the world through manifesting there own visions is also one of the core reasons I am involved with the Founder Institute New York.
As mentioned before, remembering to be thinking 10X and the idea of investing in Moonshoots can be a tough mindset to stay locked into. Sometimes you have to think bigger than what you think big is. I have been making sure to remind myself to think exponentially as best I can for the past few months. One of the biggest problems I see is how can we get society to work together to solve problems. Giant problems. Global problems. Hell, maybe even within our solar system problems (I see you Mars).
January 18th, 2015 celebrates the day that a man named Martin Luther King Jr. saw a problem so large it divided a country and defined other nations. He then attempted to solve it and along the way brought the world closer to a one day resolution. He had a dream to make the world a better place and pursued that dream. I am motivated by that greatness.
There is still more work to be done to resolve racial inequality. There is more work to done to cure cancer. And to turn back climate change, help drug addiction, find clean water, and aid in poverty. The list goes on. All important issues that all need to be solved. Ideally in our lifetime.
The simple fact is that someone or some group of people has to solve them. Nature won't resolve these issues on it's own. I believe that we have the power in 2016 to build tools using technology to help advance progress in each of these specific areas. We as a society have a duty to put the Netflix down and work toward that brighter future. That is why I have started to collect the largest problems we need to improve as a society. Visit here to see the first problems I have collected and also propose any existing solutions you know of for those global problems we face. Feel free to submit anything you feel as missing is as well. Comment below if you have any other ideas on how to tackle such a large endeavor. After all, the world has problems, somebody has to solve them.
Watch The World In 2016
I feel it is important to take time to understand global trends and events in order to keep clear the lens through which we view what is happening in our own lives. So take a few minutes and get ready for the world in 2016.
I feel it is important to take time to understand global trends and events in order to keep clear the lens through which we view what is happening in our own lives. So take a few minutes and get ready for the world in 2016.
The 2016 Summer Olympics will be in Brazil this August. In November the United States will elect a new President. Meanwhile, Europe will continue to experience one of the largest human migrations in decades. El Nino will continue to disrupt normal weather patterns for months in to the new year. Toxins from oceanic plastic pollution will continue to enter the human food chain as fish that we eat digest the small plastic particulates from the Great Pacific Garbage Patch. Virtual reality will begin to displace other forms of mainstream media consumption. Anxiety disorders will begin to be discussed openly as they now affect 40% of the population. The amount of global wealth belonging to the top 1% is expected to become greater than the amount of global wealth belonging to the other 99% combined this year. 2016 also commemorates 400 years since the death of William Shakespeare and this special anniversary year will be sure to inspire many Shakespeare related themes throughout the year. See for your self below what the Economist predicts for "The World In 2016".
Tomorrowland: The Companies Building a Better Future
"A vista into a world of wondrous ideas, signifying Man's achievements... A step into the future, with predictions of constructed things to come. Tomorrow offers new frontiers in science, adventure and ideals. The Atomic Age, the challenge of Outer Space and the hope for a peaceful, unified world." — Walter E. Disney, July 17, 1955
There is a reason the header image of the Siskar.co website is a futuristic city where anything seems possible. It is Tomorrowland. At the dedication of the first Tomorrowland Walt Disney declared it as:
"A vista into a world of wondrous ideas, signifying Man's achievements... A step into the future, with predictions of constructed things to come. Tomorrow offers new frontiers in science, adventure and ideals. The Atomic Age, the challenge of Outer Space and the hope for a peaceful, unified world."
— Walter E. Disney, July 17, 1955
I wasn't alive post World War II when the greatest generation was building and believing in anything they put their minds too. When society as a whole believed in the future and that anything was possible. I would have loved to have experienced that level of optimism in society and technology. This is the future Walt Disney believed in and was inspired by.
I think we could be returning to that time. A great example of the potential of this mentality is what Mark Zuckerberg did this week with his pledge to give away 99% of his Facebook shares to charity.
Even if all of society isn't on fully on board yet, there are some incredible individuals already building great new companies in order to make the future and tomorrow a better place. There is an infinite number of ways and methods to use your life to contribute back to the world. Over the past few years I have been working with some of these companies. I now feel it is time to share them with you. Hopefully, they inspire you to also help with building a better Tomorrow.
The Future
I recently finished reading Physics of the Future by Dr. Michio Kaku. After countless hours of time spent with the smartest scientists on earth, Dr. Kaku's book chronicles predictions for the coming world between now and the year 2100.
I recently finished reading Physics of the Future by Dr. Michio Kaku. After countless hours of time spent with the smartest scientists on earth, Dr. Kaku's book chronicles predictions for the coming world between now and the year 2100.
We have all learned about globalization and seen its effect over recent years. It is now clear to me, though, that human progress will not simply stop at various nations getting along. As we work up the Kardashev scale toward a Type 1 civilization and leave behind current Type 0 civilization a shift beyond world peace could happen in the next few generations. Eventually, around the year 2100 or shortly after, the existing nation borders could actually dissolve away. Society could become a planetary civilization in the next few centuries. This is an exciting and scary proposition, especially considering the world is currently predominately driven by capitalist economies that benefit from competition in the markets. This future that Dr. Michio Kaku lays the framework for will be a major shift from our current society. While reading Physics of the Future one thought seems to keep reoccurring: We have to get this "better future" right. The stakes are high and there is not likely a second chance for society if we mess the future up on a global scale.
Over the past century, society has already begun the transition from a working economy to an information economy. Now, as the early stage proliferation of the Internet continues to mature, we are beginning another transition from an information economy to a newer wisdom economy.
The quality of information and not the quantity of information will be the focus in the future.
Mass data collection continues to constantly grow in the background and needs to be digestible. As big data continues to get bigger and bigger, a new product focus on wisdom will be the only way to drink from the fire hose of information we are dealt on a daily basis. In order to cross the gap into the future, society will need to be responsible with not only the environment but also humanity across borders. By shifting from an information economy to a wisdom economy and overcoming the challenges associated with that shift it should allow society to level up on the Kardashev scale.
The thought of failure of this challenge can be haunting at times while reading Physics of the Future. However, Dr. Michio Kaku had an answer for this haunting thought that was surprisingly incredible. Nothing sums the solution to this rough transition ahead more than the quote that Dr. Michio Kaku closed the book with:
"The Roots of Violence:
Wealth without work,
Pleasure without conscience,
Knowledge without character,
Commerce without morality,
Science without humanity,
Worship without sacrifice,
Politics without principles."
- Mahatma Gandhi, 22 October 1925
I found Gandhi's wise words to be invigorating and almost 100 years after he said them, still refreshingly accurate. They will be more important than ever as society approaches a time, for example, when work the way we know it may not be as necessary due to future robotics and computers. A few of the characteristics defined by Gandhi will change and while they do it will be the responsibility of individuals to keep in mind the character built by them.
Personally, I cannot wait for the future ahead of us. It will be one crazy ride. We can let this ride terrify us while we will fight it, or we can embrace it and enjoy it. Either way, the fact is we cannot make the world stop and stand still where it is. Progress will forever be marched forward by others in the world around us. Therefore, I suggest the latter. So, while we enjoy the ride up to the year 2100, let's try to remember those words Gandhi spoke almost 100 years ago.