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Here Are Some Links For Your Weekly Reading – July 28th, 2017
Talent is great, but you can have a lot of success without it …
Here are some of the posts that caught my eye. Hope you find something interesting.
- What is an Impact Filter? (StrategicCoach)
- Morning Routines and Strategies. (Tim)
- Why Some Smart People Make Foolish Decisions. (Digest)
- How Wellness' Became an Epidemic. (TheCut)
- Trump Reportedly Asked Legal Team about His Power to Pardon Aides, Family, Even Himself. (Slate)
- Apple is Once Again the Most Profitable Company'. (iPhoneHacks)
- The Trump Administration Can't Stop China from Becoming an AI Superpower. (Wired)
- AI Could Revolutionize War as Much as Nukes. (Wired)
- Era of Biological Annihilation' is Underway, Scientists Warn. (New York Times)
- Gold and Silver are down 8% and 21% over the Trailing Year. Blame Bitcoin? (Fool)
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The Experience Economy: Man Vs. Food Edition
I recently drove several hours (to the middle of nowhere) in order to try the Burger you see below. And, yes, I know you don't have to capitalize the word "burger" … But, in this case, it deserved it! Take a look.
If you are curious, the restaurant is Big Jud's in Rexburg, Idaho. And the monstrosity is Big Jud. No, sorry, it is their "Man Versus Food Burger" (which was featured on the TV show Man V. Food).
It's got 4 pounds of meat and all the accouterments … It's the type of burger that makes you say "Holy Cow!" Even the knife they give you to eat it with is scary.
Obviously, it is not the type of burger you eat because you're hungry … you eat it because you want the experience.
The idea of an Experience Economy isn't new.
Rich people know it makes sense to spend money on experiences.
And smart businesses know that it makes sense to avoid competing on a commodity, and to create something unique. For example, think about Cowboys Stadium (Click to read about the Experience).
Even millennials are spending more on experiences than on physical products.
Something to think about … How would your business be different if you prioritized the experience?
Just another way to win.
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Here Are Some Links For Your Weekly Reading – July 23rd, 2017
Apparently, Trump has been asking lawyers if he's able to pardon himself from the Russia Investigation. No president has ever attempted it, so it will be interesting to see how it plays out. Clever.
Here are some of the posts that caught my eye. Hope you find something interesting.
- Recent Poll: Hillary Clinton Is Still Less Popular Than Trump. (Slate)
- I've Read over 100 Productivity Books and Summarized the 15 Most Important Tips. (LifeHack)
- Unraveling Death in Game of Thrones. (Visual.Ly)
- Could Congress Put Horsemeat Back on the Menu in America? (Washington Post)
- 50 Companies Leading the AI Revolution, Detailed. (KDNuggets)
- Robotic Hogwash! Artificial Intelligence Will Not Take over Wall Street. (WSJ)
- Cryptocurrency Market Nears 50% Decline from All-Time High. (CoinDesk)
- Mark Zuckerberg's Net Worth Soars $3.5 Billion to Record High. (Forbes)
- Jeff Bezos: the 'Obsessive' Amazon Founder and World's next Richest Man. (TheGuardian)
- Tony Robbins: How to Suffer Less (And Invest Intelligently). (TimFerriss)
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AI Isn’t Just Crawling Forward … Now It’s Learning To Walk
The pace of AI progress is awe inspiring.
We are entering a golden age of innovation, disruption, and new possibilities.
Here is a small example. It's not the first time computers have learned to walk, but Google's DeepMind taught itself to walk with no human interaction.
Here is a video.
With very little structure around their knowledge, it's interesting to see how they developed movement – and where it seems distinctly artificial.
For a more instructional video, you can check out "Flexible Muscle-Based Locomotion for Bipedal Creatures" from 2013. It shows the generational differences between their bots as well.
AI is getting smarter, faster. Soon it'll have knowledge that we don't understand. And that will still only be the beginning.
Cool stuff!
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What Are The Top 100 Websites?
There are over 1 billion websites on the internet, and it is constantly growing.
In fact, Google only indexes about 16 percent of the surface Web – and misses all of the Deep Web.
Not surprisingly, the most popular sites comprise the majority of internet usage.
The list of the top 100 trafficked sites was somewhat surprising (and not just because there were only three porn sites that made the cut).
Before looking, who do you think made the list?
Here is an infographic that shows who rules the Internet.
Leading the pack – Google, YouTube, and Facebook top the list (with Google, itself, getting an astonishing 28 billion visits per month) … For scale, that's over 500 times more visits than #100 site on this list.
Pretty insane!
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Here Are Some Links For Your Weekly Reading – July 16th, 2017
Science, Art, or "PooPoo De Toro"…
Here are some of the posts that caught my eye. Hope you find something interesting.
- Ray Kurzweil: There's a Blueprint for the Master Algorithm in Our Brains (Futurism)
- Brain-training Games Don't Really Train Brains, a New Study Suggests. (WashPost)
- Why Men Don't Live as Long as Women. (Nautilus)
- What a Hunter-Gatherer Diet Does to the Body in Just Three Days. (CNN)
- Is Philosophy Simply Harder Than Science? (TLS)
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Paul McCulley: “The Coming War between Trump & The Fed”
I just got back from an economic summit in Wyoming where I spent some time with Paul McCulley. He is an economist and former managing director at PIMCO.
He is the guy that coined the terms "Minsky moment" and "shadow banking system".
Recently, he put together this explanatory cartoon about the relationship between Trump & The Fed.
Truth, Humor, and a Unique Perspective … Worth a watch.
Ultimately, he is fairly bullish … but cautious. He says: "After eight good years on Wall Street, it's bound to end soon. Don't be greedy."
