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The Telomere Effect

HBS PHD - roboeconomics/ DNA based housing pricces/ education etc

Hayflick limit - the limit at which cells stop dividing i.e. become senescent.

Apoptosis - dead cell excretion

Mitochondrial copy indicates major stress due to the need to replace existing mitchondria. 

Telomerase can answer the cell aging reversal question partially, not entirely, via its activation or shutdown.

Telomerase capacities and telomere lengths made hold key for the onset of multiple diseases.

Change perception of threat into challenge (challenge eliminates the morbidity of failure and converts negativity into areas of improvement) MINDSET SHIFT. Use it as fuel, not brakes.

Perception can translate into your reality. Understand the transient nature of thoughts and be absorbed in your current experience (the NOW). Mental health is not a luxury - it affects the telomeres. 

Eliminate doubt, ego and preconception to eliminate negativity.

NLP/ Retreat/ Kirtan kriya/ Qijong/ chi/ MSB as a service.

- Shamatha retreat

- Chopra Center

Bad sleep leads to less REM in the 2nd half, higher levels of cortisol and insulin, which lead to greater insulin resistance. Bad night of sleep can throw you in a pre-diabetic state. This leads to elevated cortisol habituation. Sleep also heals the emotional charge of circumstances/ memories. Good sleep also causes better attacks of viruses and bacteria due to cell age. Blue light suppresses melatonin - turn on night shift and do not bring computer to sleep. Find accountability buddies for sleep to avoid sleep debt - people that cut off your email or understand when not to reach you.

Belly and BMI are indicators of telomere health over weight. Weight shuffling is a bad practice. Changes in consumption habits lead to stress hormone being released. Eliminate sugar. Soda leads to 4.6 years in aging. Coffee reduces the risk of cognitive decline, liver disease and melanoma. Practice pescaterian, paleo and hi-protein/ green diets. CoQ deficits lead to faster aging. Foiate prevents DNA damage around centromeres. USHHS recommends 400-800mg of folate daily for pregnant women. Avoid canned foods - they contain BPA (significant endocrine disruptor).

- Trail mix - walnuts, cacao nibs, goji berries

- chia pudding - chia seeds, almond milk, cinnamon, vanilla extract

Practice breathing breaks, relaxing sleep rituals, mindful eating and regular stretching to avoid fatigue. 

Education leads to longer telomeres. Socialization leads to longer telomeres and isolation shortens them due to depressive effects. Cortisol responses are transferable as seen in fighting spouses. Institutional care of children is an ongoing crisis with roughly eight million children in orphanages - inherently prone to sshorter telomeres and IQ levels due to lack of maternal nourishing, emotional displacement, inadequate education and abnormal attachment complexes. Some advertisity is necessary - oversheltering leads to delayed telomere decay due to ineffective coping mechanisms. Over internalization or externalization of emotions leads to higher telomere decay as well. Temperament is biological. Policy in stress reduction - governance - upping the happiness index. 

Great links: 

www.implicit.harvard.edu/implicit/user/agg/blindspot/indexrk.htm

www.silentspring.org

www.hsph.harvard.edu/prc/2015/01/07/outsmarting-the-smart-screens/

www.screenfree.org

How to handle issues:

- Distance yourself on three dimensions: visual, time, and linguistic i.e how you see the situation, how you interpret the situation from a timeline perspective and how you express the situation to third parties

- Tools at your disposal: Courage/ resilience based routines, removal of energy parasites, learning journals, daily gratitude, purpose / challenge based therapy, enabling others to succeed, positive mental exploits, emotion labeling, conscientious organization, self-compassion

- Emotions to recognize, detour from: cynical hostility, pessimism, negative mind wandering, rumination, thought suppression (avoidance)

Things to do:

- Host monthly discussions

- Host/ Attend weekly workshops

- Meet one new person daily

- Stay interested in new experiences

- Pursue only what you live

- Educate yourself consistently 

- Maintain agility everywhere (agility to test the limits of your mind, not necessarily your body)

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Work Rules - Insights from Inside Google  (Laszlo Bock)

- Own the experience

- Provide people with trust, freedom and authority

- Hire only those better than you (Stanford/ MIT/ Caltech). Training kills your burn rate and is very hard due to subjective attribution. 

- Truly vet the benefits of acqui-hiring

- Given limited resources, invest your HR dollars first in recruiting and take your time to do invest in the best. Wrong hires are a drain. 

- The very best people aren��t looking for work 

- Get the best referrals by being excruciatingly specific in describing what you’re looking for

- Make recruiting part of everyone’s job

- Don’t be afraid to try crazy things to get the attention of the best people (Cryptic ad boards)

- The founders chart the course for the evolution of the culture

- Attributes to test technical talent on: 1. General cognitive ability 2. Leadership 3. “WireSwiftness” 4. Functional Knowledge

- Give candidates a reason to join: From the people they will get to work with to the type of work and impact they will create

- Eliminate status symbols and divas

- Make decisions based on data, not on managerial biases (Googlegeist)

- Expect alot from people to get alot

- Crowdsource rating system opinions outside your whirlpool

- Add 3 buckets of high medium low to your 5 bucks of exceed and below expectations to understand performance

- Get beyond extrinsic reward motivations

- Put your best managers under a microscope to see whats working

- Ensure all feedback is non-hierarchical

- Only invest in courses that change behavior (HKS)

- Break lessons into small, digestible pieces with clear feedback and do it over and over again

- Have your best people teach

- Pay our best people unfairly - theyre worth more. Think like a team owner paying its MVPs. Power law distribution (Z curve) helps

- Reward failure that matters. Innovation should be threatened via penalization. 

- Institute peer to peer bonuses for contribution/ behavior/ achievement as a system

- Support employees and loved ones in their toughest times

- Gratify people by allowing a better version of themselves to come out daily (constantly nurture and grow in a “homely” manner)

- Match new employees with peer buddies

- Help new employees build a social network; improve their social capital

- Create online forums for open dialogue (anonymous and otherwise; reward profiled feedback)

- Run lots of small experiments

- People become healthy or disciplined when theres an opulence of resources removing the element of excuse or complaint

- Fix everything broken early on. Procrastination is the luxury of the founder but not the organization

- Find the moral in the mistake and teach it

- Crowdsource counsel (think Tim Draper’s VC sessions)

- Make work meaningful, trust your people, be frugal and generous, dont confuse development with management, pay unfairly, nudge people, manage rising expectations, hire only the best. nudge dont shove towards if youve hired the best.

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Multipliers (How Leaders Make Everyone Smarter)

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Venture Deals

EIR

Often help VCs for 3 - 12 months providing due diligence, introductions and networking opportunities in return for office space and implicit agreement to invest in their company.

Syndicate

Comprised of:

Angels

Super Angels (Experienced entrepreneurs with one or more exits)

Venture Capitalists (Include Analysts, Associates, Principals and MDs) NOTE: Insist on relations with MD/ GP

Seed Investors

Lawyer

Make sure he is not a single win but a long term win pony

Fees: Early stage: $5-15K, Typical: $25-40K

Consider setting up a special purpose limited partnership controlled by one of them as a vehicle for them to invest. Chasing down 75 signatures when you want to do financing or sell the company is not fun.

Lower cap/ Deal proceeds as alternatives to lawyer fees

Raising Money

Mindset is key: Presume success to be successful

Raise money to get to the next meaningful milestone (first product shipping, critical mass

Always double down on actual number i.e. raise 2x for actual burn rate

Most investors love to be part of an oversubscribed round (Saying we've got room for one more is more important)

Provide an exact number and not a range

Key things to explain: (1) Problem being solved (2) Size of opportunity (3) Team strength (4) Competition level (Competitive Advantage) 

Other important things: (1) Summary financials (2) Use of proceeds (3) Milestones

PPMs are more useful to investment bankers than VCs (Last resort)

Expectations from term sheet: (1) Cap table (2) Contract and material agreements (3) Employment agreements (4) Board meeting minutes

READ YOUR VC: (1) Social media presence (2) Favorites (3) Interests (4) Preferences

VC responses: (1) Yes - Lead Investor (2) Maybe - Syndicate covestor (3) No/ Slow No - Dismiss

Projections for pre revenue firms are BS

Best VCs based on past company experiences: (1) Company hardships (2) Founder swap (3) Failed startups

DEMAND FEEDBACK

Economic Terms of Term Sheet

Clarify pre/ post money discussions

Under goal of VCs: (1) Due diligence (2) Flexible term (3) Great economics (4) Control (5) Risk mitigation of future dilution

Balance option pool% with pre money valuation %

Negotiate to remove warrants

Dont over negotiate bridge loans

Have multiple VCs vetting

Dont overrepresent your situation

Beware of possible flat or down rounds where share prices drop for successive rounds based on success

Stacked preferences: Series B before Series A

Blended preferences: Series A and B share proratably

Simple liquidation preference and no participation - greater the liquidation preference, lower management value and employee equity

Pay to play provision to partake in future rounds (Understand recap implications) Example: VC can force recap on avoidance

Typical stock and option ownership entails 4 years

Single trigger vs double trigger acceleration (More common) (Ideal double trigger with one year acceleration)

Beware of clawbacks

Anti-dilution: Investor protection from lower valuation issued equity (PRO: Motivation for higher issuances)

Full ratchet based anti-dilution: Earlier round share price lowers to new issuance based price

NCP= OCP * (CSO+CSP)/(CSO+CSAP)

Broad based weighted average provision includes convertible securities whereas narrow based doesnt.

More antidilution carveouts are better both for entrepreneur and investor

Control Terms of the Term Sheet

Early stage board makeup @ 5: (1) Founder (2) CEO (3) VC (4) 2nd VC (5) Outsider versus Mature stage board makeup @ 7 - 9

DO NOT (1) Change the terms of the stock owned by the VC (2) Authorize creation of more stock (3) Issue stock senior or equal to VCs (4) Buy back any common stock (5) Sell the company (6) Change the CoI or bylaws (7) Change board size (8) Pay/ declare dividend (9) Borrow money

Be wary of inappropriate veto rights (Series B) where 10% holder can vetor 90%

Fight to have vote as a single class

Drag along agreement: Allows subset of voters to drag along or force all of the other investors (NOTE: Pertain majority to common stock, not preferred)

 Pre-IPO: Usually all shares are converted to common stock. Google is a rare exception.

Equalize automatic stock conversion threshold among all series at each financing

Other Terms of the Term Sheet

VCs who care about dividends are usually PE or concerned with downside protection in larger deals.

Dividend has smaller effect on valuation

Beware of zone of insolvency

Rational of redemption rights: (1) VC fear of successful biz with no plausible exit (2) Life cycle of VC fund and point of investment entry (Example: Year 5 of 10 year fund)

Never agree to adverse change redemption

VC legal fees post deal completion

Approval by investors' partnerships = deal is NOT final

Insist on key terms pre signed term sheet - Wont bode well for employment terms later

Transperancy is key

Right of first refusal is pro rata right

Multiple on purchase right = super pro rata right

Restriction on sales = parameters for stock sale during private company

Proprietary information and inventions agreement VERY IMPORTANT pre series A

Agree to Co-sale Agreement

No shop agreement ok part of final term sheet, bound to 45 to 60 days although 30 days are sometimes agreed upon by VCs

No shop should expire upon VC's termination of due diligence

Operations of Venture Capital Fund

Management Co + GPs + Fund Investors where fund X = GP X + Fund LPs X + Management Co

VCs keep little cash on hand. Make 2 week issuance capital calls from LPs to pull investment

Secondary market: For LPs to sell their interest

Management fees % inversely proportional to  fund size

Average total fee over 10 years = 15% of committed capital

Most VCs get 20% carry (investment profits) with some getting 30%

99%/1% LP/GP split where VC partners stake 1% of their own cash which has now floated upto 5%

Beware of clawbacks during bust, poor performance or partner exit

Beware of zombie VCs  - no capital, past commitment period or managing existing investments only

Typical timeframe: 10 years with options for 2 1 year extensions (Occasionally 3 1 year extensions/ 1 2 year extension with 12 to 17 year time frames)

Entire portfolios can be sold via secondary market although secondary investors vary in agenda

More early stage, more reserve allocation by VC (Research reserve analysis by VC)

Cross fund investing can lead to problems during downside

Key man clause can trip the fund/ suspend new investments during partner exit.  If not tripped, beware of existing economics

VCs owe fiduciary duties

Negotiation Tactics

Have an amazing lawyer: Dont limit to billing, responsiveness and intellect but also check style and past history)

Figure out your superpower and your adversary's kryptonite

Know your VC and gain your advantage via interests, charities, universities, sports

Beware of winner take all, single round VCs

Maintain cool with pushy/ bully VCs

Dont fall  for nice guys who cant pull the trigger

BATNA: Best Alternative to Negotiated Agreement

Final offer can always be changed

Entertain competing term sheets and keep term sheets to chest

Never make an option first

LISTEN, LISTEN, LISTEN

Raising Money the Right Way

Dont ask for an NDA

Dont mass email VCs; Personalize

No often means no

Dont ask for a referral if you get a no

Dont be a solo founder

Dont overemphasize patents

Issues at Different Financing Stages

Performance important during seed stage

Early stage: Beware of protective provisions

Mid and late stage: Board and voting control issues: (1) Place director number cap (2) Offer observership rights as alternative (3) Create exec committee within board

Light preferred deal: Sell stock to investors while maintaining a low regular common stock price with which to grant stock options

New equity funders can refuse to fund unless debt investors remove or change cap

Force floor and ceiling on conversion valuation

Beware of personal liabilities

LOI

Escrow decreases actual purchase price 

Working capital clause: Make bidirectional

Push for stock deal instead of asset deal

Understand tradability, registration, lockups, insider status, sale restrictions for tax optimization during stock deal

Stock option plan netted against purchase price?

Lawyers favor full vesting option

"To the extent currently known" is a good motivator for close

10-20% of purchase price set aside in escrow for 12-24 months to cure breaches

Beware of uncapped indemnity and overreaching of escrow terms

NDA mandatory during acquisition

Push back hard on greater than 60 days on no shop

Breakup fees appropriate only during employee risk situations

Beware of VC taking control of escrow and litigation dynamics due to VCs unable to match time commitments

Shareholderrep.com

Legal Things

At-will employees should be hired

Prebaking severance terms

Know good employment lawyers

States to incorporate: Delaware/ VC state/ Entrepreneur State

Right of rescission: Beware of non accredited investors 

File 83(b) 30 days within receiving stock to optimize capital gains treatment during sale

Section 409A: Stock options to employees should be at fair market value (UNDERSTAND WELL)

[synopsys]

How to write a business plan

Use action words that are more powerful and purposeful

Include diagrams, photographs, visuals whereever possible

Data Sources for Market Research: (1) Government Statistics (2) Market Research Reports (3) University Departments (4) Trade Associations (5) Trade Press (6) Press Cuttings (7) Competitor brochures (8) Interviews

Order of points : (1) Summary (2) Introduction (3) Business Background (4) The Product (5) The Market (Includes Customers and Competition) (6) The Operations (Distribution) (7) Management (8) Proposal (9) Financial Background (10) Risks (11) Conclusion (12) Appendices - For patents, copyrights, leases, market research reports, detailed accounts, CVs, photographs, technical desciptions, product brochures

Distribution via the internet considerations/ FAQs: (1) How secure is your site (2) Do you have a firewall? (3) Do you fulfil orders yourself or subcontract? (4) Are you on price comparison websites? (5) Testimonials (6) Hits/ Impressions per week

Examples of competitive advantage: (1) Cost (2) Technology (3) Brand (4) Local Monopoly (5) Location (6) Distribution (7) Purchase Agreement (8) First Mover

Product Differentiation: (1) Product Quality (2) Service Quality (3) After Sales Support (4) Appearance (5) Image (6) Benefits

Process Development Examples: (1) Buying - Selection of Titles, Negotiation of Margins (2) Stock Control - Booking Stock, Inventory Control, Inventory Turnover, Stock Shift (3) New Store Development (4) Store Design (5) Product Display (6) Store Management

Skillset Balance - (1) Operational (2) Technical (3) Financial (4) Marketing (5) Personnel/ Administrative

The proposal: (1) The proposition (2) Why will you succeed (3) Ask for what you want! (4) What have you invested (5) Reward your readers (6) Exit plan: Trade sale (most likely exit), stock market flotation, partial sale to second stage investor (more plausible than IPO)

Costs to consider: (1) COGS (2) Distribution & Sales (3) Staff (4) Property (5) Overheads (6) Depreciation (7) Finance

Consider a sensitivity analysis

Assumptions to consider: (1) Sales likelihood (2) Profit Margin Achievability (3) Technology/ Product Development Predictions

Consider bank borrowing as last resort

Make payments to creditors on time

Types of risk: (1) Sales are low (2) Margins are low (3) Costs are high (4) Operational Issues

Leadership is 360 feedback, involvement and empowerment via ownership and commitment

Strategy generation techniques: (1) Debate with top minds at a retreat (2) Short, internal meetings (3) Involve the creativity of junior staff

Competitive benchmarking: Assign grades for (1) Financial Strength (2) Product Range (3) Product Quality (4) Service

Divide objectives into team, function and individual

Other important criteria: (1) P&L reconcilliation (2) NDAs (3) Tender Offers

[synopsys]

Second Machine Age

Reducing the ocean of facts to simple numerical scores has drawbacks, but it has also the one great merit of forcing everyone to confront the same evidence with surprising results

Lionsbridge has partnered with IBM to offer Geofluent

Moravec’s paradox: The discovery by Artificial Intelligence and robotics researchers that, contrary to traditional assumptions, high-level reasoning requires very little computation, but low level sensorimotor skills require enormous computational resources

Recent advances in cooperative technology and classical communication are based entirely on the assumption that the internet and active networks are not in conflict with object oriented languages. In fact, few information theorists would disagree with the visualization of DHTs that made refining and possibly stimulating 8 bit architectural engineering

The complexity for minimum component costs has increased at a rate of roughly a factor of 2 per year…. Certainly over the short term this rate can be expected to continue, if now to increase. Over the longer term, the rate of increase is a bit more uncertain, although there is no reason to believe it will not remain nearly constant for atleast ten years.

Reasons for Moore’s law: 1. Lesser constraints in the digital world unlike the physical world subject to the laws of physics. Second, tinkering via brilliant engineering which detours the roadblocks thrown up by physics

The Age of Spiritual Machines: When Computers Exceed Human Intelligence by Ray Kurzweil

Exceptions to exponential technology: batteries (chemical devices), airplanes.

SLAM (simultaneous localization and mapping) is the process of building up a map of an unfamiliar building as youre navigating through it

Cyclopean LIDAR (a combination of Light and Radar), manufactured by Velodyne generates 1.3 million data points per second - Google car sensing technology

Network effect: A situation where the value of a resource for each of its users increases with each additional user

Information is costly to produce but cheap to reproduce

July 2012, New York Times: The combined level of robotic chatter on the World’s wireless networks is likely to exceed that generated by the sum of all human voice communications taking place on wireless grids

Search term volumes are linked to housing prices whereby housing prices increase by number of Google searches, similar to adjustment in airline ticket prices

General Purpose Technologies: Deep new ideas or techniques that have the potential for important impacts on many sectors of the economy

When multiple GPTs appear at the same time, or in a steady sequence, we sustain high rates of growth over a long period, but if there’s a gap between major innovations, economic growth will peter out. 

Meta-ideas: Ideas about how to support the production and transmission of other ideas (Innovations that spurt new ideas in other sectors

Innovation as a building block: They dont get eaten or used up but increase opportunities for future recombinations

Recombinant growth: Fixed factors in any economy are augmented over time by pieces of knowledge (seed ideas) which over time get recombined into new ones Example: machine tools, trucks, labs

In the early stages of development, growth is constrained by number of potential new ideas,but later on constrained only by the ability to process them

Use the innocentive approach: derive/ crowdsource multiple opinions during the testing process

Quirky business model: 70% revenue capture, 30% distribution to crowd members involved in development (original idea submitter keeps 42%, pricing assistance 10%, name assistance 5%)

Choice modelling quickly identifies people’s preferences - used by Affinova (Meta Idea Evangelists)

Machine learning: The ability of a computer to automatically refine its methods to improve results as it gets more data (Algorithm based)

OrCam - Understand technology for smart walking cane

Useful knowledge derived via additional people should trump costs of population growth

In the US, the rate of GDP growth per person has average 1.9% per year going back to the early 1800s. Applying the rule of 70 (Time to double a value is roughly 70 divided by growth rate), it takes 36 years to double living standards, quadrupling them over a person’s lifetime

For every dollar of investment in computer hardware, companies need to invest up to another $9 in software, training and business process redesign

Analog dollars are becoming digital pennies

Does the open source economy make the population: 1. Richer/ Poorer 2. Happier/ Sadder

The internet creates $2600 of value per user each year 

Google search saves an estimate 15 mins per query - 7mins to Google query vs 22mins to offline query

One way to think of value created is to imagine that the new product always existed, but only at a price so high that noone could buy it

Adam Smith: The man whose whole life is spent in performing a few simple operations of which the effects are perhaps always the same or very nearly the same has not occasion to exert his understanding

Do we want to increase consumer surplus? Then lower prices or more leisure might be signs of progress, even if it leads to a lower GDP

Second machine age: As bounty (absolute enterprise value/ valuation) increases, the spread (gap between 1% and middle class) increases leading to stability / growth in average income but a reduction in median income, also visible in Sweden, Finland and Germany

White collar professions are disappearing due to digitization, due to its ability to replicate valuable ideas, insights and innovations

1% of 1%: Income > $11m

Focus on uniqueness and creativity beyond information depth for talent payoff

Job polarization: Collapse in middle income jobs while non routine cognitive jobs (financial analysts) and non routine manual jobs (hairdressing) remain stable or grow

Will man stall tech innovation (similar to pharma) due to threats to jobs and profits? Probably, but open source makes preventions unenforcable unless governed by change in policy

Arts: Large beneficiary of technological innovation

75% of app manufacturers made less than $30K for app, 4% only made >= $1m

Winner take all markets (sports, arts) where absolute performance determines wages, not relative performance (dispensability)

It maybe more profitable to be a big fish in a small pond

The era of bell curve distributions that supported a bulging social middle class is over and we are headed for the power law distribution of economic opportunities 

Productivity and employment have become decoupled

As innovation increases, more business models are created but more are rendered obsolete. How can innovation support SMEs unable to pivot?

Economic inequality will lead to greater political inequality and hose who are further empowered politically will use this to gain greater economic advantage stacking the cards in their favor and increasing economic inequality still further - a quintessential vicious circle

In the actual economy, which is highly dynamic, such as supply of unemployed labor is always at hand, and it is neither possible nor normal that it should be altogether absent. The well being of workers requires that progress should go on, and it cannot do so without causing temporary displacement of laborers

The role of humans as the most important factor of production is bound to diminish in the same ways that the role of horses in agricultural production was first diminished and then eliminated by the introduction of tractors

Technological unemployment factors: Inelastic demand, rapid change and severe inequality

Michael Spence - The Next Convergence

In the long run, the biggest effect of automation is likely to be on workers not in America, but rather developing nations that currently rely on low cost labor for their competitive advantage

Pattern recognition and complex communication are human advantages over digital labor

Weak human + machine + better process > strong human + machine + inferior & strong computer alone

Voltaire: Judge a man by his questions, not his answers

Kevin Kelly: Youll be paid in the future by how well you work with robots

Montessori classrooms emphasize self directed learning, hands on engagement with a wide variety of materials including plants and animals, and a largely unstructured school day. Their approach is the surest way to join the creative elite (including Larry Page, Sergey Brin, Jeff Bezos and Jimmy Wales)

Can you create a robot VC?

Replacing a bottom 5 percent teacher with an average teacher would increase the PV of students’ lifetime income by more than $250K

Obstacles to US growth: 1. Entrepreneurial stagflation 2. Immigration laws 3. Excessive regulation 4. Economic infertility

Using games as hiring mechanisms (HireArt, ODesk)

Immigration has no effect on wages or employment: Cubans in Miami 1980 and Russians in Israel 1990 to 1994

Immigrants help creative ecosystems flourish, hence wages rise

Canada’s startup visa program

Pigovian taxes - Taxing pollutants (Arthur Pigou) Examples: London’s Congestion Zone, Singapore Electronic Road Pricing System

Hollande maybe right with the 75% tax rate on 1% based on research by Peter Diamond and Emmanuel Saez about optimal tax rates

Enablers of growth in economics and technology: 1. Employment 2. Taxes and Subsidies 3. Peer Economies

Guaranteed Income: Recommendation by Thomas Paine, MLK and Bertrand Russell

Voltaire: Work saves a man from three great evils: Boredom, Vice and Need

Three greatest motivators (Daniel Pink - Drive) Mastery, Autonomy and Purpose

Negative Income Tax: Income received as payment if income below break even point

Income tax first appeared during the civil war and was made permanent in 1913 by the 16th amendment to the constitution

Can you tax robots the same way as labor?

Is crowdsourcing detrimental to employment?

Upcoming events: 1. True machine intelligence 2. Connection of all humans on single digital network

More emphasis on digital laws as privacy becomes a larger concern

We humans build machines to do things that we see being done in the World by animals and people but we typically dont build them the same way that nature built us. Airplanes dont flap their wings

Current AI is not artificial intelligence, it is artificial resemblance

If the first machine age helped unlock the forces of energy trapped in chemical bonds to reshape the physical world, the real promise of the 2nd machine age is to help unleash the power of human ingenuity

World innovation council, world digital council, world singularity council 

[synopsys]

The Defining Decade - Meg Jay PhD

Best time to work on a career or marriage is before you had one

Strength in weak ties

Storytelling is important and changing it more so

Slow down to speed up

Add to identity capital

Cohabitation as prophylaxis

In like friends should be like you. Empower others to empower yourself

Wisdom is knowing what to overlook

Dont identify with highlighted moments

Availability heuristic -  mental shortcut to deduct likelihoods based on speed of derived examples

To achieve greatness, you need a plan and not enough time - Leonard Bernstein

Life math = Vision + Preparation + Execution + Research = Goal; therefore, have a more quantitative outlook about the distance from your target

Choices and consequences

Claim your adulthood - get to work, pick your family, do the math, make your own certainty

Start with the last sentence of your story and work backwards - John Irving

Work is connecting the present to the future

Distance - abstraction bias- The further a situation is out, the further we abstract the logic behind its present and/ or future delay

Introspect past the point of fear

Beware of self care fallacy

Marginal value versus lifelong value education - does it affect a large section of your life?

Happiness from in-like familiarity (Partners)

No right answers to adult dimellas

Tolerance of gray situations versus black and white scenarios

Calm yourself

Fixed to growth mindset

Dont forget about the 10,000 hour rule to mastery

Who are you?

High openness, mid conscientiousness, mid extraversion, high agreeableness, low neuroticism

Who do you seek?

High openness, mid to high extraversion, low neuroticism, high conscientiousness

Rate your life and assess:

15 - 26 Low to Average level accomplishment

26 - 29 High accomplishment

Therefore, by the power of extrapolation, you need to add more to your identity capital to monetize or gain on it.

Identity Study development

Return on identity

Identity formation

Identity capture

Identity matrix

Identity index

Identity management

Identity simulation

Identity optimization

Identity risk modelling