Nine years in front of entertainment devices - another 10.5 years spent working. You get the idea.
If you have goals you want to accomplish, aspirational travel, and lifestyle plans - this really puts the idea of finding and living your passion in perspective.
Do you have the time to waste it?
VisualCapitalist put together a chart projecting longevity based on 2020 mortality rates.
I turned 60 this July, so I only have 20 years left, according to this calculator. I expect more!
There are some interesting statistical facts in this; for example, an average American baby boy can expect to live until 74 ... but if that boy turns 21, his life expectancy jumps to over 75.
While these numbers seem pretty high, there are two things to consider. First, COVID heavily reduced these numbers because mortality rates went up. That likely won't continue (though it will likely continue to affect your insurance premiums and pension benefits).
Also, remember that these numbers are based on 2020 averages, which likely differ from you (specifically considering your race, income, location, etc.). These numbers also don't take into account expected medical and technology advances, etc.
Finally, I think Purpose is one of the most important catalysts of longevity. People often die when they retire ... not because they're done working, but because they're done striving.
We're now midway through the Cowboys Season, and despite injuries plaguing the team, we just had a fantastic 43 - 20 victory over the Rams.
At every game, I run into this guy, and every game he wears a different creative, and well-thought-out costume. He sits on the 50-yard line. He wears Ferragamo shoes and a nice watch. For his day job, he is the Head of Psychiatry at a well-known hospital in the area. Yet, something about this game captures his imagination.
Jerry Jones does a lot right in how he builds his "Disney Ride." But this post will focus more on what the coaches and players do.
I'm regularly surprised by the levels of innovation and strategic thinking I see in football.
Football is something I used to love to play. And it is still something that informs my thoughts and actions.
Some lessons relate to being part of a team, while others relate to the coaching or management side of things.
Some of these lessons stem back to youth football ... but I still learn things watching games – and even more, from watching Dallas Cowboys practices at The Star.
Think about it ... even in middle school, the coaches have a game plan. There are team practices and individual drills. They have a depth chart, which lists the first, second, and third choices to fill certain roles. In short, they focus on the fundamentals in a way that most businesses don't.
The picture, below, is of my brother's high school team way back in 1989.
To re-state, most businesses are less prepared for their problems than an 8th-grade football team. Now, that might sound offensive to some of you – but if you think about it ... it's pretty accurate.
Losing to an 8th Grade Team
I shot this video right before the COVID-19 shutdown. I encourage you to watch it. I think it's 3 minutes well spent.
Football teams think about how to improve each player, how to beat this week's opponent, and then how to string together wins to achieve a higher goal.
The team thinks of itself as a team. They expect to practice. And they get coached.
In addition, there is a playbook for both offense and defense. And they watch game films to review what went right ... and what they can learn from for use later.
Contrast that with many businesses. Entrepreneurs often get myopic ... they get focused on today, focused on survival, and they lose sight of the bigger picture and how all the pieces fit together.
The amount of thought and preparation that goes into football - which is ultimately a game - is a valuable lesson for business.
What about when you get to the highest level? If an 8th-grade football team is equivalent to a normal business, what about businesses that are killing it? That would be similar to an NFL team.
Let's look at the Cowboys.
Practice Makes Perfect
How you do one thing is how you do everything. So, they try to do everything right.
Each time I've watched a practice session, I've come away impressed by the amount of preparation, effort, and skill displayed.
During practice, there's a scheduled agenda. The practice is broken into chunks, and each chunk has a designed purpose and a desired intensity. There's a rhythm, even to the breaks.
Every minute is scripted. There's a long-term plan to handle the season ... but, there was also a focus on the short-term details and their current opponent.
They alternate between individual and group drills. Moreover, the drills run fast ... but for shorter time periods than you'd guess. It is bang-bang-bang – never longer than a millennial's attention span. And they move from drill to drill – working not just on plays, but also on skillsets (where are you looking, which foot do you plant, how do you best use your hands, etc.).
They use advanced technology (including advanced player monitoring, biometric tracking, and medical recovery devices ... but also things like robotic tackling dummies and virtual reality headsets).
They don't just film games, they film the practices ... and each individual drill. Coaches and players get a cut of the film on their tablets as soon as they leave. It is a process of constant feedback and constant improvement. Everything has the potential to be a lesson.
Beyond The Snap
The focus is not just internal, on the team. They focus on the competition as well. Before a game, the coaches prepare a game plan and have the team watch tape of their opponent in order to understand the tendencies and mentally prepare for what's going to happen.
During the game, changes in personnel groups and schemes keep competitors on their toes and allow the team to identify coverages and predict plays. If the offense realizes a play has been predicted, they call an audible based on what they see in front of them. Coaches from different hierarchies work in tandem to respond faster to new problems.
After the game, the film is reviewed in detail. Each person gets a grade on each play, and the coaches make notes for each person about what they did well and what they could do better.
Think about it ... everyone knows what game they are playing ... and for the most part, everybody understands the rules and how to keep score (and even where they are in the standings). Even the coaches get feedback based on performance, and they look to others for guidance.
Imagine how easy that would be to do in business. Imagine how much better things could be if you did those things.
Challenge accepted.
And, in celebration of a Cowboys win ... here's me doing a cartwheel. I'm sure my body will feel great tomorrow ...
Some Professors put together IKEA-inspired instructional booklets for their algorithms and data-structures lectures. The idea was to make easy-to-understand explanations by removing words, and only using images. Ideally, this would allow them to be understood regardless of their native language or culture.
This is a pretty cool idea, or at least I thought so. My youngest son said, "I don't particularly understand IKEA directions or algorithms .... so this is basically the worst of both worlds for me." Finally, we agree about something!
Hopefully, you find it helpful. If not, there's always Wikipedia.
I love football. As such, it is fun for me to watch the games. But I also like the business of the game as well.
Over time, I've become a fan of the league ... and how deliberate they are about building teams and developing players.
Last week, I got to give a series of talks to a high-level entrepreneur group called Breakthrough Mastermind. Some of the other speakers included NFL Hall of Famer Mike Singletary and a starter on the league-leading Dallas Cowboys Defense, Osa Odighizuwa. Here is a picture of us from the event.
Let me know if you want a link to the actual presentations. I talked about AI and how it frees you to be your best. Osa spoke about what it takes to be a Pro, and Mike talked about teamwork and building teams.
It is Football Season. And, if you know me, then you know I'm a Cowboys fan (despite being raised in Philly, with season tickets to the Eagles – and Boston, with season tickets to the Patriots).
So, the week one 40-0 victory over the NY Giants was fun to watch.
It was even more fun after I saw some stats about this loss.
The 40-0 win was the largest shutout victory in Dallas's history.
Dallas is the fifth team in NFL history to open their season with a 40-plus-point shutout on the road, and the first since the 1999 Steelers.
The Cowboys are the first team in NFL history to open the season with a 40-plus-point shutout of a team that made the playoffs the previous season.
But feeding my occasional need for Schadenfreude ... the stats get worse for the Giants.
In this game, they lost 40-0, got sacked seven times, to the Dallas Cowboys zero, they also lost the turnover margin 3-0, and had their opening drive field goal attempt blocked (and then returned for a touchdown), and their QB, Daniel Jones, then threw a pick-six.
Supposedly, no team has done that in a single season - let alone a single game.
And for some additional contrast and dynamic tension ... ponder this!
Jerry Jones Is Going to Live Forever.
As if the Cowboy's experience wasn't enough to bring people in, Jerry has now immortalized himself as the mirror from Sleeping Beauty, excuse me, I mean as a virtual AI screen at AT&T Stadium.
It's a truly interactive experience where you can ask Jerry questions, and get responses in his voice - from an AI trained on the real Jerry Jones.
NEW at #ATTStadium: Meet Jerry Jones – An Interactive Experience. Ask @dallascowboys' Owner Jerry Jones questions and get his responses generated by AI technology for a unique, interactive experience.
People joke that new technologies are always adopted by porn first, gambling second, and then the entertainment industry after. These technologies have made their way to the NFL which means they are on their way to much broader adoption sooner than you might expect.
It wasn't exactly the prettiest (partly because it was the first game of the season, but also because many of the starters sat the game out to avoid injury). With that said, it was still a fantastic experience. The NFL (and Jerry Jones) knows how to put on a show.
It's Easy to Feel Good at the Start of a Season.
Lots of people ask me how the Cowboys look this year. The truth is, at this point in the season, it's impossible to know because injuries have a dramatic impact on the game.
Regardless, each year I choose to be optimistic about the chance of a post-season run.
That kind of logic (or lack there of) is why I think automated trading is better than humans attempting to do it themselves. It's a way to make objective decisions and eliminate fear, greed, and discretionary mistakes.
On the other hand, it feels so good to hope!
A Lesson From the Game.
I had an interesting discussion at the game yesterday. My guest commented that Jerry Jones is a fantastic business person - which is hard to argue - but probably shouldn't be running the team. He believes the team needs a change of pace to switch things up.
While I don't know if that's why we tend to struggle so much more late in the season, it reminded me of a great business lesson.
Entrepreneurs often mistake their domain expertise for general expertise. "I'm fantastic because I'm fantastic at all these different things." And the result is they overestimate their ability to be great at things outside their unique ability. A similar issue is that many people believe they are deep thinkers, because they think deeply about what they think about. However, they often don't realize how narrow their range of thinking is, and how many things fall outside their expertise, interest, or even consideration.
Less Is Often More.
Learning to offload tasks that you may not be as fantastic at as others is a great way to free up time to focus on not only the things that you're great at – but also bring you joy and energy.
I have an old toy robot in my office that my kids played with when they were little. Its name is E.M.I.G.L.I.O.
Even though it is a toy, this Italian-made robot was interesting technology when it came out. It was remote-controlled, the remote had a microphone that transformed my voice to sound like a robot, and it had a tray sturdy enough to deliver a video game (or some other surprise) for my kids when they visited the office.
Looking back, it's barely even technology, let alone a robot. But that's because I'm evaluating it based on what's possible now.
I feel the same when I think about my previous company, IntellAgent Control, and what we considered A.I. in the 1990s. We made a sales automation solution for teams before tools like Salesforce existed. At the time, the decision logic we used was innovative. The premise is still valid today, but the technology and implementation scream "relic of a time gone by."
As another aside ... when I searched for Emiglio (in order to write this article), I was astonished by the archive of old robots someone had put together. The site is like a specialized Wikipedia site for toy robots. Each of the entries has high-quality photos of the robots and their packaging. It also includes facts, marketing copy, ads, and patents.
It is kind of cool ... Kind of like Emiglio.
It got me thinking about how much of history - and esoteric knowledge - only exists because a tiny community of people decided it needed to be cataloged or preserved.
Garbage In – Garbage Out. Nothing In – Nothing Out. What are we missing from the past because history is often written by the winner (or because no one volunteered to chronicle what happened)?
Even a site like Wikipedia has some serious content curation issues. For example, the top 50 Wikipedia editors have each contributed more than 500,000 edits. Think how much is missing.
Soon A.I. will decide what to write about what it decided happened, what to save and for how long, and what to say when asked about it.
Not only will the future be different ... even the past will be remembered differently.
Deep Learning excels in analyzing pictures & videos and creating facsimiles or combining styles. People are using generative AI tools like ChatGPT or Midjourney increasingly frequently. And there is an explosion of simple tools (like the Deep Dream Generator or DeepAI) that use Convolutional Neural Networks to combine your photo with an art style (if you want to do it on your phone, check out Prisma). Here are some example photos.
The same foundation that allows us to create these cool art amalgamations also can create deepfakes. A Deepfake is precisely what it sounds like ... they use "Deep Learning" to "Fake" a recording. For example, a machine learning technique called a Generative Adversarial Network can be used to superimpose images onto a source video. That is how they made this fun (and disturbing) Deepfake of Jennifer Lawrence and Steve Buscemi.
Another interesting technology can create AI-powered replicas of someone that don't just look and sound like them – they can respond like them too. Examples of this are seen in tools like Replica Studios or Replika. One of the artistic uses people have been exploring recently is getting unlikely characters to sing famous songs. These chatbots have also been used by lonely men and women to create virtual paramours.
The three basic uses of deep learning (described above) are being combined to create a lot of real mainstream applications ... and the potential to create convincing fakes.
Deepfakes can be fun and funny ... but they also create real concerns. They're frequently used for more "nefarious" purposes (e.g., to create fake celebrity or revenge porn and to make important figures say things they never said). You've likely seen videos of Trump or Biden created with this technology. But it is easy to imagine someone faking evidence used at trial, trying to influence business transactions, or using this to support or slander causes in the media.
On a more functional note, you can use these technologies to create convincing replicas of yourself. You could use that replica to record videos, send voicemails, or participate in virtual meetings for you. While I don't encourage you to use it without telling people you are, even just using the technology puts you a step ahead.
Here Are Some Links For Your Weekly Reading - October 8th, 2023
Reports of bed bug infestations in Paris are so bad the government is deploying sniffer dogs to inspect trains.
Here are some of the posts that caught my eye recently. Hope you find something interesting.
Lighter Links:
Trading Links:
Posted at 05:28 PM in Business, Current Affairs, Games, Healthy Lifestyle, Ideas, Just for Fun, Market Commentary, Personal Development, Science, Trading, Trading Tools, Travel, Web/Tech | Permalink | Comments (0)
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