“Rebecca Henderson debunks prevailing orthodoxy with a new intellectual foundation and a practical pathway forward for a system that has lost its moral and ethical foundation. Free market capitalism is one of humanity’s greatest inventions and the greatest source of prosperity the world has ever seen. But this success has been costly. Capitalism is on the verge of destroying the planet and destabilizing society as wealth rushes to the top…” See what other books I am currently reading, here.

Crises, such as wars or economic collapse, reveal societies’ strengths and weaknesses, and change thinking about how they can and should be organised. The pandemic has forced a re-evaluation of the social contract, in particular how risk should be divided among individuals, employers and the state.

With equity markets reaching new heights at a time of rising income and wealth inequality, it should be obvious that today’s market mania will end in tears, reproducing the economic injustices of the 2008 crash. For all of the talk of supporting households, it is Main Street that will suffer most when the music stops. *On that note, here is a what I said about the future of the music industry… 13 years ago:)

ARK Investments has shared yet another MUST READ analysis of what’s hot this year - really good stuff. Get the whole thing here plus my thoughts and insights into the the tech and industry trends that will drive the future of investing, at least for 2021.

Demand would shift from luxuries to necessities.

A few good links via GerdFeed

The transhumanist movement is less a theory about the advancement of humanity than a simple evacuation plan. Techno-utopians like to think of themselves as orchestrating a complete break from civilization — a leap into outer space, cyberspace, machine consciousness, or artificial life. But their ideas just extend our same blind addiction to consumption, destruction, progress, and colonization. Cyber-wettiko.

Much of today’s reality takes its cues from what we dubiously dubbed “reality” television. We all know that the Kardashians — like all reality show characters — are not really real, at least not as we know them. The question is: what do these “Shared (un)Realities mean for the future of society?

After getting $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday.

“The next 20 years will bring more change than the previous 300 years:  Science fiction is becoming science fact. Anything that can be automated, digitized or virtualized …will be. When artificial intelligence meets human intelligence, it’s the end of routine work as we know it. Whatever is easy for a computer is hard for humans, and vice versa – and this will remain true for the foreseeable future"

Musk, by contrast, is encouraging a feeling of entitlement to the cosmos—that we can and must colonize space, regardless of who or what might be there, all for a long-shot chance at security.

If Moore’s Law is flawed, what is the best way to forecast a technology cost decline? Enter Wright’s Law, which forecasts cost as a function of production.

Germany’s capital, Berlin, is planning a huge innovation: to eliminate private automobiles. Not by force, but by providing alternative mobility solutions such that people don’t want or need cars. Berlin’s public transport authority BVG is a key player.

Stanford’s yearly report on the state of the AII industry and how Covid-19 is projected to influence AI/ML throughout 2021.

Die Zukunft ist kein Zeitraum mehr - sie ist eine DENKWEISE. Wir müssen jetzt sowohl das ‘Heute’ gut managen aber gleichzeitig auch immer bereits ein Bein in…

Technology vs. Humanity: The Coming Clash Between Man and Machine by Gerd Leonhard

4.2 stars on Amazon, 237 ratings on Goodreads.